Proposal likely to flounder on First Amendment concerns, lawyers believe.
LTX has pinned its hopes of breaking into the fixed-income market on innovative use of AI. But how successful has its approach been, and what is it up against?
A lot gets made about how much fixed income has been electronified. Anthony says that “percentage” ignores the important technological evolutions and strategic shifts being made by the vendor community.
With political appetite established on both sides of the Channel, attention is turning to the technical details.
The exchange and its cloud partner are encouraged by the smooth migration so far—and also by capacity and latency improvements from running in the cloud.
Multiple apps are being corralled into a sticky cross-asset ecosystem, updated with Python and cloud
Industry welcomes flexible issuance limits, but rues derivatives’ exclusion as a missed opportunity.
Through a combination of its own technology and partnerships with fixed-income mainstays Bloomberg and Tradeweb, S&P is looking to create end-to-end workflows to simplify trading of primary bond issues for both buy-side and sell-side firms.
Buy-side rates traders look to dodge platform’s interface but remain barred from cross-venue price-shopping.
Automation is gaining traction in fixed-income markets, but use cases are limited and progress is slow. Market participants must overcome some uniquely human problems before they fully embrace the machine.
SFDR mandates that asset managers must start publishing ESG data in a few weeks, but sourcing the new metrics has proved challenging, and a host of questions remain.
Amid renewed interest in the bond market, big firms are making strategic acquisitions to get in on the action.
Canadian bank plans to take deep reinforcement learning tech from equities to fixed income and currencies
With the ASX Chess DLT failure and users ignoring DTCC’s DLT option for its Trade Information Warehouse, Anthony wonders what it will take for the industry to stop touting this buzzword for non-specialized needs.
The combined entity will look to tap into AI tools provided by S&P’s Kensho outfit and AWS’ cloud to build new analytics platforms.
The Bloomberg, Tradeweb and MarketAxess consortium switched out its advisory firms at the end of last year to jumpstart its bid for the tape.
Recent actions against Bloomberg and Ice for violations relating to evaluated pricing services suggest the US regulator may be setting the stage for stricter regulations to govern the sector.
While some trading firms are welcoming the use of a new non-proprietary code for identifying digital tokens, the onus will be on local regulators to enforce its adoption.
Born from a consortium that includes JP Morgan and Bank of America, Versana aims to bring up-to-date and permissioned data to the syndicated loan market—the first step to a more transparent and faster operating market.
Regulators are looking to all-to-all trading as a possible solution for worrying volatility and deteriorating liquidity in US Treasury markets.
End-users are worried about the repercussions of handing over a data monopoly to the heavyweight operators in the fixed income space.