A wave of regulatory reviews is renewing interest in unified data repositories. But Josephine says a centralized utility for trade reporting is never going to happen.
Mike Carrodus says his firm, Substantive Research, has found that pricing inconsistencies for the same dataset can vary enormously, with some institutions paying almost five times more than their peer group.
The acquisition of the 10-year-old vendor will give the exchange group high-quality market data, low-latency direct feeds, and packet-capture capabilities, experts say.
Some industry participants are worried that proposed amendments to Regulation ATS could see the trading perimeter expanded to include a wide array of messaging systems.
As institutional participation in cryptocurrency markets increases, traditional data vendors and new specialist crypto data providers are taking different approaches to supplying necessary data to financial firms.
A look at some of the key "people moves" from this week, including Mark Govoni (pictured), who joins TP Icap as the chief executive officer of its agency execution division.
A look at some of the key "people moves" from this week, including Mark Goodey (pictured), who joins Arria NLG as managing director and innovation strategist.
US regulator’s mammoth January proposal has something in it for most US trading systems, but Jo suspects it will be the definitions of exchanges that hit the hardest.
Jo struggles to see how the SEC could approve fee proposals for exchange market data fees.
MayStreet chief policy officer Manisha Kimmel joins the podcast to talk about how national markets system data is charged for.
A summary of the latest financial technology news.
Race is on to secure new encryption algorithms for DeFi, before quantum computers become a present danger.
This year, the SEC pulled the trigger on competing consolidated tapes and a new market data governance plan. In 2022, we will know if some of it can go ahead, or remain stymied by legal battles.
Governments around the world are looking to clamp down on providers of ESG ratings and data products. Jo wonders what the implications could be for a still nascent market.
The business unit of the new equities data plan could revolutionize pricing and accessibility in the public feeds of NMS data, say hopefuls to the role, but litigation and lack of clarity obscure the path forward.
Some fund admins prefer to build ESG products in-house, while others, notably Northern Trust, consider it ‘inefficient’ from a cost and time perspective.
Bloomberg, Broadridge, and Finra have all recently made news in the world of standards and identifiers. Anthony looks at some of the questions the reporters at WatersTechnology will be asking going forward.
Finra has told firms to stop reporting trades to the Oats tape from September 1, as the SEC's Cat becomes the definitive audit trail for US securities markets activity.
Market participants say the price hikes reflect the struggle among regulatory reporting service providers to run sustainable and profitable businesses.
Regulators will need biographical information to get the most out of the Consolidated Audit Trail, advisor said, as broker-dealers and exchanges argue over liability for breaches.
Manisha Kimmel played a key role in getting the CAT running and worked at rival Refinitiv before joining the US regulator.
This Week: Jyske Capital/SimCorp; Vestrata; NICE Actimize/FACEPOINT; Anna/Gleif; SS&C, ING, and more
A summary of some of the past week's financial technology news.
The data provider is using natural language generation to summarize news articles and write automated stories.
Due to the pandemic and rapid advancements in the fields of AI and mobile technology, regulators in the US and Europe have unique challenges on their hands.