Pruned settlement cycle forces foreign buy-siders to explore automating the FX leg of securities trades.
The offering will run eastward, connecting routes in the US with European markets in London, Frankfurt, and Bergamo.
Multiple apps are being corralled into a sticky cross-asset ecosystem, updated with Python and cloud
Wei-Shen examines how exchanges are branching out and pursuing new ventures that could bring them fresh revenue streams.
Industry welcomes flexible issuance limits, but rues derivatives’ exclusion as a missed opportunity.
Buy-side firms see outsourced trading as a way to simplify their operating model, while custodians see an opportunity to sell bundled services.
The EU has finally reached a compromise on a consolidated tape. But Theo wonders if it is too little, too late.
The exchange operator announced its intention to acquire the software firm, which combines AxiomSL and Calypso, in a deal that amounts to its largest acquisition to date.
A summary of the latest financial technology news.
The debate over a consolidated tape for European equities heated up when a second contender for the role of provider emerged during the EU’s trilogue process. But as the bloc’s three legislative bodies try to reach a compromise, commercial interests are…
Expected explosion in hidden equity liquidity has failed to materialize
As the legislative debate surrounding a future European consolidated tape for equities takes on increased urgency, market participants and interested parties are beginning to weigh in with their visions of a successful tape.
Regulators in the US, UK, and EU moved to push forward market data efforts this year.
A small number of exchanges have joined the Pyth Network. Nyela wonders whether the on-chain data distribution model fits in with the swift rise of data marketplaces.
Swarm Technology has designed a network of trading algorithms that mimics the hive mind of insects.
Jo says the SEC’s Treasuries-focused regulatory agenda will come to fruition next year, and tech vendors will face the burden of those proposals.
Machine learning tool forecasts effect of shocks on implied volatility surfaces in minutes.
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?
The fintech’s effort to revive off-balance-sheet funding runs into market and regulatory turbulence.
While Nasdaq is set to begin migrating its MRX exchange to AWS’s cloud infrastructure next month, the full migration program could take 10 to 15 years to complete.
Neal Pawar, the former CTO of AQR and current COO of Qontigo, chats with Anthony about some of the major trends that are changing how asset managers interact with the vendor community, and how this shift mirrors the most significant evolutions in capital…