The threat of high-frequency traders have forced banks to spend big on tech.
The CFTC's new chair could reopen the controversial algo-trading rules—if he gets time.
FpML has been a key enabler of automation in the derivatives industry, but its value could be further enhanced by providing value-added web services with open connectivity.
These new models sidestep Black-Scholes and could slash hedging costs for some derivatives by up to 80%.
ISDA's Common Domain Model (CDM. 2.0) aims to standarize regulatory reporting and bring greater automation to derivatives trading.
An on-the-ground look at China's growing bond market and the challenges that remain for foreign investors.
A failed ballot for a Bloomberg-backed identifier reveals the enormous consequences of industry tendencies toward complacency and cost-cutting.
Investments into blockchain have continued to grow despite the crypto winter and the downfall of ICOs. VC investors are banking on their belief that blockchain will ultimately offer transformation across many industries,.
The trading platform has snapped up a MIC code as it ponders whether the growing market segment needs a ParFX model.
The event specification module will allow for a common DAML library that references machine-executable trade lifecycle events.
OpenGamma looks to release more products in the next 18 months and expand in US and Asia.
If you want the definition of a circular argument, talk to anyone involved with clearing about resilience and recovery. But more pernicious risks remain unaddressed.
DTCC can now focus on expanding coverage of the MTU with the addition of leading dealers.
Questions of price discovery and centralized infrastructure point to an asset class that may have to lose its rebellious luster to become more widely accepted.
Giancarlo lauds budget approval from Congress in swansong industry appearance.
ASX plans to release the CHESS replacement in 2021 and the hope is to cut into Swift settlements.
The credit derivatives processing facility will go live on the distributed ledger platform by the end of the year.
Tech providers are emerging from all corners as the final phases of initial margin rules closes in, which are expected to capture over 1,000 buy-side and sell-side firms over the next 18 months.
Exchange says upcoming Ronghui Tongjin acquisition will enhance its own IT strategy.
The former JP Morgan and Thomson Reuters executive will focus his activities on Canada and the US.
Vendor embarks on new strategy with Graystone Asset Management as its first client on the platform.
One of the largest financial institutions in Mexico is digitizing core risk and compliance functions to consolidate operations, reduce reconciliation costs and future-proof its IT infrastructure.
As interest in cryptocurrency trading refuses to wither, despite a bearish year, traders are increasingly calling for institutional-grade tooling from traditional markets to further develop the asset class.
UK and EU regulators agree to share data post-Brexit, but trading firms say this doesn’t go far enough.