Trading technology
Photonics: time for trading tech to see the light
The Waters Wrap: While the sector is dominated by Big Tech, photonic-based solutions could one day help trading firms take more control over their AI ambitions, Anthony says.
TMX to undertake extended trading hours in Canadian equities
Exchange operator looks to keep pace with US markets and potentially undercut Canadian competitors.
The road to alpha is paved with hardware
Fully hardware-based systems are the natural evolution of capital markets infrastructure
24X files for exemption from SIP rule to take part in overnight trading
The exchange, which began operating in mid-October last year, plans to offer the overnight session in the second half of 2026.
Bloomberg Terminal’s agentic play shows rapid change in trading tech
Waters Wrap: The data giant’s conversational AI interface might seem novel, but others say having one is becoming a bare minimum in the world of trading technology.
CompatibL’s unique AI strategy pays dividends
CompatibL’s unique approach to AI and how its research around cognitive bias and behavioral psychology have improved the reliability of its AI-based applications.
Everything you need to know about market data in overnight equities trading
As overnight trading continues to capture attention, a growing number of data providers are taking in market data from alternative trading systems.
2026 State of trading infrastructure: How structural shifts are redefining market data and trading at quantitative firms
To better understand how firms are managing the mounting pressure on trading infrastructure, Exegy and Acuiti surveyed worldwide leaders in quantitative trading.
American Financial Technology Awards 2025 winner’s interview: Connamara Technologies
Connamara Technologies’ recent win in the AFTAs on the back of its EP3 platform
Banks hope new axe platform will cut bond trading costs
Dealer-backed TP Icap venture aims to disrupt dominant trio of Bloomberg, MarketAxess and Tradeweb.
Will overnight trading in equity markets expand next year? It’s complicated.
The potential for expanded overnight trading in US equity markets sparked debate this year, whether people liked it or not.
LivePivots™: Real-time insight at enterprise scale
Ideal for risk managers, data analysts and trading tech teams, LivePivots™ transforms static reporting into a dynamic, real-time capability within a single, scalable platform.
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.
Waters Wavelength Ep. 334: BofA’s Krishnan and McInnes
This week, Bank of America’s Ashok Krishnan and Duncan McInnes join Tony to discuss the build, buy, borrow strategy and instilling the right culture within the bank.
The TNS–Radianz deal hints at underlying issues in trader voice
Waters Wrap: As part of its cost-cutting program, BT shipped its Radianz unit to TNS, but the deal didn’t include its Trading & Command trader voice property. Anthony finds that interesting.
OEMS interest sputters
Combined order and execution management systems once offered great promise, but large buy-side firms increasingly want specialization, leaving OEMS vendors to chase smaller asset managers in a world of EMS consolidation.
MarketAxess enhances dealer value through its new DealerAxess service
DealerAxess—the benefits to sell-side firms using the service, and what is on MarketAxess's radar for future enhancements.
Is exchange tech ready for 24/7 markets?
Overnight trading is coming to equities markets. Venues and vendors, both new and old, are preparing for it.
Cloud9 focuses on flexibility to deliver a unique trader voice experience
Symphony's Michael Lynch discusses Cloud9's SST Awards win, its key differentiators and the recent launch of the firm’s mobile app
Sell-Side Technology Awards 2025 winner’s interview—Cloud9
Symphony’s Michael Lynch discusses his firm’s recent success following its win in this year’s Sell-Side Technology Awards.
Best market data newcomer (vendor or product)—SGX FX
SGX FX wins Best market data newcomer (vendor or product) at the IMD & IRD Awards 2025.