High-frequency flap over CME’s Aurora data center
Exchange group’s migration to Google’s cloud could render HFT networks redundant
Smashing barriers: How shortwave frequencies are making trading firms faster
Improvements in shortwave radio frequencies could be a leap forward in the latency race. But given the costs and technical challenges, is it worth the investment?
This Week: Microsoft/CaixaBank, Bloomberg, Cboe/Morningstar & More
A summary of the latest financial technology news.
Cboe completes integrations of triple acquisition, turns focus on risk and analytics
In 2020, Cboe Global Markets acquired three businesses in rapid succession. Two years later, the tech stack integrations are complete, and the now-combined entities make up the majority of the exchange’s rebranded Risk and Market Analytics Group.
This Week: Cboe, Ice, ABN AMRO/Temenos & more
A summary of the latest financial technology news.
Waters Wrap: What TT’s new owners & CEO could mean for the industry going forward
Once the target for acquisition, Trading Technologies is now on the lookout for companies it will look to acquire to expand its asset class coverage. Anthony explores what that might mean for the industry.
This Week: Finos, Northern Trust, DTCC, and more
A summary of some of the past week's financial technology news.
This Week: Cboe, Euroclear; Société Générale, Bloomberg/Sustainalytics
A summary of some of the past week’s financial technology news.
Options snaps up Activ Financial as battle for mid-market data vendors heats up
A once crowded space, the middle market for data technology companies is becoming more valuable as vendors target scale to fend off rivals and take on bigger providers.
The market data vending machine: The pros and cons of self-service procurement
Brokers and exchanges have begun rolling out “self-service” portals that allow clients to choose data and services on an a la carte basis. Opinions vary on whether they are the Holy Grail or a poisoned chalice.
Holding Pattern: As Trading Technologies awaits new owner, the vendor adjusts development strategy
The Chicago-based futures trading platform recently rolled out a new OMS offering, while other projects, like its Echo Chamber market data platform, have been put on pause until a sale goes through.
People Moves: LiquidityBook, BondIT, Sterling Trading Tech, Old Mission
A look at some of the key people moves from this week, including Sayant Chatterjee (pictured), who has been appointed chief operating officer at LiquidityBook.
People Moves: BestEx Research, Macrobond, Gresham, Baton, and more
A look at some of the key “people moves” from this week, including Dave Conner (pictured), who joins BestEx Research as managing director of client services.
Sterling TT Improves Trading Display for Work-From-Home Traders
Sterling has improved the way data is displayed in its platform, to account for traders needing to display the same content and graphics on fewer and smaller screens.
Trading Technologies Preps September OMS Launch
The anticipated replacement for its X_Trader platform will share a tightly integrated ecosystem with its EMS, and will debut a raft of new order handling features.
CME Reg Reporting Competitors Vie to Fill the Void Ahead of Withdrawal
With over five months to go until CME unwinds its regulatory reporting businesses, competing firms are pushing to fill the service gaps and grab a slice of the market share.
CME’s Reg Reporting Rollback: A Sign of What’s to Come
Sources say the exchange group’s scaleback is a result of pricing wars, unsustainable business models, and the realities of commercially supporting a regulatory reporting business.
Cboe Integrates Trade Alert Into Information Solutions Business
The Chicago-based exchange has also released its first integrated solution with risk analytics provider Hanweck, which it acquired in February.
CME Group to Scale Back Regulatory Reporting Business
The exchange group is closing several of its regulatory reporting businesses following a review finding they no longer align with its strategic direction.
Enlighten Tech Helps Northern Trust Find Resources to Share the Covid Workload
To keep its asset servicing functions running smoothly, Northern Trust is using technology from performance management analysis software vendor Enlighten to identify available resources.
Nasdaq, Cboe Fix Feeds Hit by Options Overload
Recent market volatility overwhelmed the Nasdaq BX and Cboe market depth feeds with so much activity that the exchanges did not have enough physical numbers to accurately represent it.
The Retraining Conundrum: How Best to Transform a Workforce?
Professor Jay Finkelman says that the most successful firms take a three-pronged approach to workplace transformation.
Cboe Buys Hanweck and FT Options in Dual Acquisition
The exchange group has made a strategic double buy hoping to boost capacity in solving portfolio and balance sheet risk for clients.
Colt Cuts Japan–Hong Kong Latency to Sub-41ms
Beyond new latency reductions between Tokyo and Hong Kong, Colt will continue to optimize its routes and expand its network coverage.