Regulation
Dutch Regulator Seeks to ‘Level Playing Field’ for Vendors & Venues
AFM suggests some liquidity aggregators should be classified as organized trading facilities.
Isda 'Create' Marks Important First Step Toward Smart Contracts
WatersTechnology goes inside Isda Create to see how the organization is aiming to bridge the gap between the worlds of paper contracts and legal data.
Moving forward with Libor transition and Ibor reform
This report provides a guide to figuring out what is at stake with Libor and other interbank offered rates. It addresses the challenges and risks, the development of alternative data or reference rates, and begins the process of replacing Libor well…
ACA Compliance to Make Flagship Platform More Customizable
ComplianceAlpha is a compliance and risk management platform that also provides trade surveillance and cybersecurity capabilities.
European Commission Picks FactSet for Risk Data
The EU authority is buying three datasets from the vendor, which it will use to track supply chain risk in the single market.
Eventus Systems to Add ML-Driven Trader Profile Feature to Validus
The new functionality will help to give context to market manipulation alerts.
Barclays Proposes New Taxonomy for Digital Tokens
The UK bank argues that a common approach to classifying tokens is needed to prevent regulatory arbitrage.
Numbering Agency Calls for Experts
The Derivatives Service Bureau is looking for new members on its technical advisory committee, after its designation as the UPI service provider.
Waters Wrap: Unintended Consequences & AI Regulation (And Mobile Trading Reg & BERT NLP)
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.
SteelEye Unveils Tool to Slash Trade Reconstruction Timeframes
Officials say the new product will enable firms to aggregate and correlate the data required to fulfill trade reconstruction obligations within seconds.
Covid Could Cause US Regulators to Rethink Surveillance
Not having specific requirements and procedures for firms to refer to ended up putting some funds in a tough place during the pandemic’s early days.
EU's AI Regulations Could Lay Blame With CTO
Jo wonders if the EC's approach to regulating AI could adapt existing liability laws—with implications for individuals.
CanDeal Leverages Canadian Data Pooling Model to Build Data & Analytics Business
DNA will use CanDeal's unique position-capturing data from the country's top broker-dealers to create new data services.
Symphony to Make KYC Play as Part of Ongoing Rebrand
The chat and collaboration platform will tap into the trade and client lifecycle management spaces, beginning with an identity management service.
Post Acquisition, Gresham Looks to Integrate Inforalgo to Improve CAT Offering
The vendor is streamlining its platform for reporting to the consolidated audit trail.
Ion Forced to Split Broadway, Keeping FX
The remedy will satisfy the UK competition watchdog—but “a big defeat” for the acquisitive tech giant.
Waters Wrap: The NEX Brand Slowly Disappears (Plus Market Data Fights & AI Integrations)
Anthony looks at what's become of NEX since the CME acquisition, as well as discussions over odd lot reform and S&P's Kensho implementation.
NERD Alert: S&P Taps Kensho to Add IDs, Data Links to Mentions in Historical Transcripts
The move marks the start of plans to expand the distribution of Kensho's entity and individual recognition and tagging system.
Exchanges, SEC At Odds Over Odd Lots
Industry insiders warn that the regulator’s attempts to modernize equities data by redefining trading lots will fall short of the mark if odd lot orders remain unprotected.
ActiveViam Embraces Python for its In-Memory Database
The vendor is building off its April release of an enrichment tool for Python notebooks.
This Week: Isda, Refinitiv, NICE Actimize, OpenFin, Gresham, Genesis & More
A summary of some of the past week’s financial technology news.
Silent Eight Preps Transaction Monitoring Tool
The firm is testing the tool with a few clients before making it available to a broader audience.
SmartStream Launches Tool for Intraday Liquidity Stress Tests
The module allows clients to perform stress testing on demand, integrated with data from the vendor's cash and liquidity management solution.
Market Participants Worry that CFTC Can’t Safeguard Data
The US derivatives regulator should let the responsibility for the storage of sensitive data fall on regulated firms, committee hears.