Exchanges & Trading Venues
In the race to institutionalize crypto, participants eye familiar tech ‘wrappers’ for new assets
Despite the development of digital assets overall, and interest in cryptocurrencies remaining strong among individual investors and niche firms, widespread institutional adoption remains muted. Wei-Shen Wong looks at the tools being developed to support…
If you can’t beat ’em, join ’em: The inexorable march of exchange data fees
Following IEX’s decision to begin charging nominal fees for its market data, Memx is the last one standing not yet charging for data. Max asks whether it will follow suit, or whether any exchange will be brave enough to take a stance on unpopular data…
FactSet EMS adds fixed-income trading capabilities
Portware is already integrated with fixed-income electronic trading platform Trumid, as well as Tradeweb, MarketAxess, and Bloomberg.
Waters Wrap: Nasdaq, Quandl and the next phase of the alt data craze
Anthony looks at how Nasdaq's Quandl strategy ties into other trends spreading through the market.
This Week: SmartStream, LSEG/Finbourne, FactSet/Cobalt, DTCC, BNP Paribas, and more
A summary of some of the past week’s financial technology news.
Miax preps ‘Virtual Trading Floor’ of data tools to grow investors, market-makers
The options exchange operator hopes to make it easier for participants to translate data into context and insight, and to broaden participation from new market sectors.
Firms can't afford to miss out on digital assets, says SBI Digital Markets
Waters Wavelength Podcast Interview Series: Kris Hopkins, now head of capital markets at SBI Digital Markets, discusses the opportunities for capital markets firms in the digital asset space.
Banks and HFTs team up to solve exchange outage dilemma
There are hopes that a ‘gentlemen’s agreement’ between industry participants can break the first-mover disadvantage for liquidity providers.
What can HKEx’s Synapse learn from watching ASX’s game of Chess?
HKEx is looking to leverage smart contracts for its Synapse platform. Sell-side participants are generally positive as to the reasoning behind the build, but observers warn the ambitious project still has challenges to overcome.
Despite client concerns, LSE’s new Sedol fees take hold
Under the new fee policy, some of the largest users of the LSE’s identifier codes could see their Sedol spend more than double, though the exchange says the “vast majority” of clients will see no increase.
Waters Wavelength Podcast: Asian exchanges
Keiren Harris, a strategy-based market data consultant and founder of DataCompliance, joins the podcast to talk about exchanges in Asia and their data strategies.
This week: Genesis, SmartStream, MarketAxess, Allianz GI, and more
A summary of some of the past week’s financial technology news.
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.
Waters Wrap: Interop trends that will shape 2021 projects (And silencing the pit)
Anthony brings in some guests to give predictions about what interoperability will look like over the next 12 months and what firms need to start preparing for today.
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.
Not so Fast: SEC’s SIP Rule Speeds Ahead, But Faces Bumpy Road
Jo is skeptical that the SEC’s finalized market data infrastructure rule will make the public market data feeds faster.
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.
Aquis Slashes 'Jitter' in Cloud Project
In a recent proof-of-concept with AWS and SGX, Aquis demonstrated significant jitter reduction.
EU Regulators Spill More Ink Tackling Market Data Costs
The latest consultation on the market data obligations under Mifid II looks to provide better, cheaper, and more uniform access to market data. But will it be enough to standardize policies?
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: ASIC/RBA, TSE, Schroders/SteelEye, HKEx, Talos, and more
A look at some of the past week’s financial technology news.
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.
Trading Venues Face Resilience Test in Covid-19 Pandemic
Software testing and monitoring keeps market infrastructure a step ahead amid market volatility.