United States (US)
The next phase of AI in capital markets: from generative to agentic
A look at some of the more interesting projects involving advanced forms of AI from the past year.
As AI pressures mount, banks split on how to handle staffing
Benchmarking: Over the next 12 months, almost a third of G-Sib respondents said they plan to decrease headcount in their data function.
Google, CME say they’ve proved cloud can support HFT—now what?
After demonstrating in September that ultra-low-latency trading can be facilitated in the cloud, the exchange and tech giant are hoping to see barriers to entry come down.
Citadel Securities, BlackRock, Nasdaq mull tokenized equities’ impact on regulations
An SEC panel of broker-dealers, market-makers and crypto specialists debated the ramifications of a future with tokenized equities.
Tokenized assets draw interest, but regulation lags behind
Regulators around the globe are showing increased interest in tokenization, but concretely identifying and implementing guardrails and ground rules for tokenized products has remained slow.
CME, LSEG align on market data licensing in GenAI era
The two major exchanges say they are licensing the use case—not the technology.
Nasdaq’s blockchain proposal to SEC gets mixed reviews from peers
Public comment letters and interviews reveal that despite fervor for tokenization, industry stakeholders disagree on its value proposition.
Bloomberg expands GenAI summary options on Terminal
The additions include an expansion of its AI-powered news summaries, as well as a new AI summary tool for company-related news content.
Buy-side data heads push being on ‘right side’ of GenAI
Data heads at Man Group and Systematica Investments explain how GenAI has transformed the quant research process.
Plaintiffs propose to represent all non-database Cusip licensees in last 7 years
If granted, the recent motion for class certification in the ongoing case against Cusip Global Services would allow end-user firms and third-party data vendors alike to join the lawsuit.
MayStreet founder says LSEG abandoned integration in new court filing
In response to LSEG’s motion to dismiss a lawsuit filed by the founder of one of its acquired companies, lawyers for Patrick Flannery have offered more details around communications between MayStreet and the exchange group.
SS&C’s Bill Stone: RPA still important for agentic endeavors
The fintech is leaning on almost four decades in financial services and its many acquisitions to power AI deployment and meet the market’s needs.
TMX’s CEO wonders if tokenization is a ‘solution looking for a problem’
While acknowledging the potential of tokenizing securities, John McKenzie said regulators shouldn’t move too fast, and let customer demand drive adoption.
Experts urge banks to prep for quantum’s reckoning
Mathematicians across the world warn that current encryption methods will be crackable by quantum computers inside the current decade, but banks have been reluctant to prepare.
Barclays carefully studying stablecoins
CEO CS Venkatakrishnan called the class of digital assets “broad and fascinating,” but urged peers to consider how it fits into the current banking deposit framework.
Nasdaq looks to ramp up tokenized securities efforts
Nasdaq CEO Adena Friedman wants to see tokenized securities come to the US markets “in a staged process.”
Bloomberg integrates AI summaries into Port
One buy-side user says that while it’s still early for agentic tools, they’re excited by what they’ve seen so far.
The US Treasury market preps for plumbing overhaul
Changes are coming to the US Treasury market with potential new clearing houses, access models, and more flow as the industry gets ready to meet the SEC’s first deadline for central clearing.
TMX Group buys Verity, Deutsche Börse puts market data on-chain, and more
The Waters Cooler: The Texas Stock Exchange is SEC-approved, FalconX launches 24/7 access to OTC crypto options, and the CFTC needs a chair.
Expero sharpens focus on financial clients
After 20 years of delivering software, AI tools and digital UXs across industries, Expero is leaving its jack-of-all-trades strategy, aiming to become a master of one.
M&G Investments replaces research platform with Bloomberg’s RMS
The chief investment officer of the London-based asset manager explains why the firm opted to use Bloomberg’s RMS platform for its research capabilities.