Regulators are looking to all-to-all trading as a possible solution for worrying volatility and deteriorating liquidity in US Treasury markets.
This week, Spencer Lee, chief markets officer at TS Imagine, joins Tony on the podcast to discuss execution issues and innovation within the fixed income space.
What began as a small buy-side technology offering, now has ambitions to oust Fidessa in the sell-side OMS space. LiquidityBook, now armed with a handful of ex-Fidessa employees, has secured the product expertise. Can it secure the clients?
“Woolly” rules fuel concern that bulletin boards and tech providers could be swept in
The FCA is in the middle of a tug of war over the definition of a trading venue. Will it diverge in a bid to present itself as a competitive market internationally or align with its EU partners?
Some of the largest trading platform providers have embarked on major integration projects in recent years. As fintech disruption continues, Anthony says this is not a fad, but an evolutionary shift.
Octaura has the backing of dealers, while Kopentech is leaning into its buy-side roots
Buying off the shelf can be cheaper and faster than building in-house, but giving up IP rights to critical platforms is a trade-off some firms aren’t willing to make.
Nicholas Kolba’s new venture aims to provide cloud-based interoperability for financial services apps—free of desktop containers and proprietary implementations.
Some industry participants are worried that proposed amendments to Regulation ATS could see the trading perimeter expanded to include a wide array of messaging systems.
The asset manager is building front-office interoperability based on a canonical data model.
The US markets regulator has extended the comment deadline on a proposal to regulate Treasuries venues after it faced a storm of complaints from the public and financial industry.
The data giant is creating tighter back-end interoperability between its buy-side platforms and using APIs to connect with other third-party providers.
In 2020, Cboe Global Markets acquired three businesses in rapid succession. Two years later, the tech stack integrations are complete, and the now-combined entities make up the majority of the exchange’s rebranded Risk and Market Analytics Group.
A look at some of the key "people moves" from this week, including Frank La Salla (pictured), who joins DTCC as its next president and chief executive officer.
In the order and execution management space, and in the mid-tier market data platform provider space, there’s been a fair amount of M&A activity in recent years. Anthony looks at why some market observers are worried about this consolidation.
New conditional order venues could bring more liquidity and sophistication to dark pool trading in the region.
A summary of the latest financial technology news.
Firms worry that regulating a broader net of firms could unravel progress in fixed income electronification and raise costs for market participants
Building a startup is hard. Building a blockchain startup is harder. More than 10 current and former financial blockchain builders and users detail their experiences of trying to cut their teeth on a once-darling tech, and the lessons they’re still…
When LSEG acquired Refinitiv, it added Eikon, FXall, and AlphaDesk to its portfolio of execution platforms. In February, the exchange also bought Tora, which has a stronghold in Asia, as well as a presence in crypto. While sources say there are clearly…
US regulator’s mammoth January proposal has something in it for most US trading systems, but Jo suspects it will be the definitions of exchanges that hit the hardest.
After pairings of the Options-Activ, Exegy-Vela, and now Pico-Redline, Anthony wonders whether the next wave of consolidation will involve the biggest tech and market data players.
Last year, the low-cost data vendor filed for—and emerged from—Chapter 7 bankruptcy protection after facing financial woes and a lawsuit from former investors. This new iteration will be led by several execs from broker Gain Capital.