Nasdaq
This week: Genesis, SmartStream, MarketAxess, Allianz GI, and more
A summary of some of the past week’s financial technology news.
US competing consolidators grapple with pricing uncertainty as SEC, exchanges battle over new Sip regime
Vendors who want to provide consolidated market data under the SEC’s new system can’t make plans until they know how they are going to be charged for market data. But the fee schedules are mired in legal action and confusion.
All roads lead to Bergamo: Euronext eyes new home for its tech
Market participants fear a “horrible” relocation project and more room for latency arbitrage should the exchange move its data center to Italy.
As ASX preps Chess replacement testing phase, other data & cloud projects progress
Testing on the new DLT-based platform will begin in July. The Aussie exchange is also making progress on its DataSphere project and has addressed ASX Trade after an outage last year, according to the company’s CEO.
People Moves: Nasdaq, Santander, Barings, S4, Capco, BTIG
A look at some of the key "people moves" from this week, including Jeremy Skule (pictured) who has been appointed chief strategy officer at Nasdaq.
LME overhauls tech, data stack amid calls for trading floor closure
The London-based commodities exchange has embarked on an ambitious technology and data infrastructure modernization strategy as it takes steps to close its open-outcry floor.
Vendors Continue to Move Products, Services to the Cloud: Some Examples
Last year, most (if not all) financial technology providers either completed or started major projects that involved moving their products and services to the cloud. WatersTechnology looks at 15 of the more interesting cloud-migration initiatives from…
The ABCs of NLP: How Trading Firms Used NLP to Navigate 2020
This year, natural language processing came to the fore in capital markets, helping firms of all kinds parse huge, unstructured datasets.
SEC’s Market Data Infrastructure Rule Not Easily Said or Done
The finalized equities market infrastructure reforms will make a difference, but some market participants are calling for additional clarity.
Waters Wrap: Machine-Learning Models Suffer from Covid (And Exchanges in the Cloud, Pt. 2)
Anthony says that while machine-learning models have been hit-and-miss during the pandemic, NLP is taking on greater importance. He also looks at how exchanges are looking to move their core matching engines to the cloud.
Nasdaq Looks to Contextualize ESG Ratings
The exchange's ESG Footprint converts ESG data into everyday metrics to show investors the impact of their portfolios.
This Week: BNP Paribas; Deutsche Börse/ISS; Nasdaq/Verafin; Tora/TP Icap; Gresham/Data-Xchange
A summary of some of the past week’s financial technology news.
Waters Wrap: Blockchain is Still Overhyped (And Ion/Broadway Thoughts & the Consulting Boom)
In 2016, Anthony wrote that the blockchain revolution was overhyped—unsurprisingly, his opinions have not changed. He also delves into the Ion-Broadway deal, and looks at new consulting/advisory firms that have recently come to market.
Nasdaq, HKEx: Blockchain’s Disruptive Potential Overstated
Distributed ledger technology won’t replace existing exchange infrastructure despite potential for smaller use cases, say CEOs.
This Week: State Street/Simcorp, Bloomberg, ACA, Broadridge & More
A look at some of the past week’s financial technology news.
Bloomberg's FIGI: A Case of Red Light, Green Light
After the route toward accreditation via the ISO petered out, Bloomberg is vying to establish its reference data standard as a system of record in the US, following a win in Brazil.
This Week: Nasdaq, Bloomberg, Goldman Sachs, Deutsche Boerse, BNP Paribas, Wolters Kluwer, and More
A summary of some of the past week's financial technology news.
Digital Rights Project for Data Usage Faces Legal, Operational Hurdles
Keen to trim the resources they expend on interpreting licenses, investment firms are exploring how they can turn data agreements into machine-readable code. Doing so is fraught with challenges.
ASX Presses Forward with DataSphere Buildout
The initiative's aim is to capture more of the exchange's internal data to commercialize that useful information for the investment community.
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.
Waters Wrap: Exchanges Look to the Cloud (And More on ESG, M&A, and Vaccine Tracking Data)
As exchanges partner with cloud providers to move more functions to the cloud, Anthony wonders if these partnerships could become competitive in the future.