Connectivity
Lower cross-border latencies open HFT opportunities
Automated and high-frequency trading in Asia have generally lagged behind US and Europen markets. But as low-latency data availability increases, that may soon change.
In finance, all APIs are not created equal
With the rise of APIs, it’s easier than ever for companies to position themselves as open to collaboration and eager to provide access, but some of these access points tell a different story under the hood.
Bloomberg integrates with Insightful Technology to cover ‘explosion’ of communication channels
Insightful monitors in the range of 120 different communication channels and 40 different datasets, which will be integrated into Bloomberg Vault, among other BBG compliance systems.
Broadridge’s Gokey eyes interop to connect back-office data for front-office needs
The vendor is leveraging its back office capabilities and platforms to integrate Itiviti, and bolster its LTX bond trading platform.
BlackRock calls for blockchain to fix futures processing snags
The asset manager wants the industry to move faster in adopting a “single source of truth” model.
Charles River adds AWS to build out multi-cloud strategy
The vendor is also using Microsoft Azure and is rolling out a new Ibor product in the cloud.
Spot the difference: Why crypto data can’t be treated like traditional market data
As institutional participation in cryptocurrency markets increases, traditional data vendors and new specialist crypto data providers are taking different approaches to supplying necessary data to financial firms.
Bloomberg’s Aim-Port integration highlights broader industry interop push
The data giant is creating tighter back-end interoperability between its buy-side platforms and using APIs to connect with other third-party providers.
This Week: Goldman Sachs, MSCI/MarketAxess, Cboe/ErisX, & more
A summary of the latest financial technology news.
One versus many: Firms question viability of UK CT model
Market participants and industry groups are challenging the UK government’s approach to a competitive framework for the consolidated tape.
UBS turns to containerization for its cloud dev ops, security strategies
As the bank has moved 33% of workloads to both public and private clouds, UBS spent the past 12 months building out its enterprise security controls as part of its containerization efforts.
Waters Wrap: As M&A heats up, integration concerns mount
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.
Euronext’s datacenter move on schedule despite supply chain issues
Despite chip and hardware shortages, the exchange group says it is on track to go live with the new datacenter on June 6.
LSEG-Tora: A tale of crypto, Asia expansion and (more) integration burdens
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…
This Week: Amundi Tech; Broadridge/ Santander; Deutsche Börse & more
A summary of the latest financial technology news.
People moves: Federal Reserve Bank of New York, DataBP, LME, Azentio, and more
A look at some of the key people moves from this week, including Michelle Neal (pictured), who joins the Federal Reserve Bank of New York as head of the markets group.
People Moves: BSO, Saxo Markets, MSCI, LPA, and more
A look at some of the key "people moves" from this week, including Michelle Shanley (pictured), who has been appointed global head of strategic and key accounts at MSCI.
Industry slams market data fee filing
Jo struggles to see how the SEC could approve fee proposals for exchange market data fees.
An EU Consolidated Tape: Advancements made in 2021, but still far to go in ’22
The second half of the year saw some long-awaited progress in the mission to fill the void of a consolidated tape in the European Union.
This Week: Nasdaq/Equinix, Northern Trust, Goldman/Bloomberg and more
A summary of some of the past week’s financial technology news.
Disrupting data delivery: AWS Data Exchange gains ground with addition of FactSet content
Leveraging AWS’s presence on Wall Street, Data Exchange has the potential to shake up traditional financial data delivery and contracts, if it can add relevant content and overcome challenges like real-time streaming and connectivity in the cloud.
This Week: T+1; FlexTrade/TradeFeedr; SimCorp/Snowflake; and more
A summary of some of the past week's financial technology news.
Top venues mull offering joint EU consolidated tape for bonds
Market participants worry a venue-led CT could be of low quality, with CT data used to create expensive additional products.
In pursuit of API-ness: Rise of API interfaces hints at data platforms of the future
Nasdaq’s new Data Fabric managed data infrastructure service presents an opportunity for firms to outsource many elements of their market data platforms to the exchange. But making it possible—and also driving innovations at other data providers designed…