Equities
Acadian: Beware Quant Snake Oil
The quant firm’s Seth Weingram lays out his principles for the effective use of machine learning.
Morgan Stanley Explores Using AI to Better Trade Equities
The bank is also looking at using AI for intelligent IOI suggestions based on clients’ trading profiles.
Itiviti Looks to Capitalize on Bloomberg's SSEOMS Exit
Its new CEO says there are 79 roles Itiviti is looking to fill to help fuel the company’s future growth.
IIROC Melds Equities, Debt Surveillance on Nasdaq Smarts Platform
IIROC has used Nasdaq Smarts for market surveillance since 2010, but is consolidating equities and debt market surveillance for the first time.
Blockchain Investments Survive the Crypto Winter
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,.
SEC’s Redfearn: US-Style Consolidated Tapes Won’t Solve Trading Data Needs
As European market participants bemoan the lack of a consolidated tape, a senior SEC executive debunks the idea that a pan-European tape, similar to the US, will resolve issues around data access and costs.
Buy-Side Firms Turn to AI for Efficiency Amid Barriers to Adoption
Assuming that automated artificial intelligence holds the key to unlocking fragmented datasets, the absence of standardized models coupled with regulatory concerns remain barriers to adoption.
INTL FCStone Mulls Outsourced Trading Offering
The company also launched its new prime brokerage division aimed at small to mid-sized funds.
Torstone Buffs Middle-Office Bona Fides with Percentile Buy
Torstone will add a risk management component to its post-trade platform through its acquisition of the vendor.
Bloomberg Plans to Exit SSEOMS, KYC Business Lines
Sources say that this will allow the information giant to focus on more valuable business lines.
CAT NMS Committee Proposes Five-Month Delay to Broker Reporting
Under new plan, industry participants will begin reporting equities in April, with testing to commence in December.
HKEx Lays Out Three-Year Technology Plan
Exchange says upcoming Ronghui Tongjin acquisition will enhance its own IT strategy.
Bracing for Data Disruption in a No-Deal Brexit Scenario
In February, UK and EU regulators made announcements expected to shed light on the future of data sharing and alleviate some uncertainty post-Brexit, but industry experts say the latest statements fall short of lifting the real burden on affected firms.
Trading Technologies Debuts Infrastructure-as-a-Service Offering
Vendor embarks on new strategy with Graystone Asset Management as its first client on the platform.
CAT’s Tale: How Thesys, the SROs and the SEC Mishandled the Consolidated Audit Trail
WatersTechnology investigates the torturous journey to create a stock-trading database for the US, and where the project goes from here.
Crypto Markets Turn Traditional for Tools of the Trade
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.
A Look Back at Major Developments in Asia from 2018
From the data battle between the SGX and India to the ASX green-lighting its clearing blockchain project, Wei-Shen Wong looks back on topics that made headlines this past year.
CAT Roll-Out Smooth, but System Still Needs Work
There were no major hiccups when the CAT was rolled-out to SROs on November 15 but it is still not ready for full industry implementation.
BCS Launches Synthetic Prime Brokerage Services
The offering will enable easier access to the Russian equity and derivatives markets.
Independence Day: Separation Brings Value for Fintech Spinoffs
Financial firms with a data or technology ‘vendor’ arm developed in house are finding that separation can benefit both business lines. Max Bowie speaks to companies that have spun out from other organizations about the good, the bad, and the ugly aspects…
The Day the Data Stood Still
With the UK preparing to leave the EU in March, regulators have a limited amount of time to figure out how to keep the flow of information going between each other post-Brexit—and the window is closing.
Startup Genesis Receives $3 Million in Series A Funding
The vendor uses a microservices framework to deliver solutions to a wide range of capital-markets firms.
After Delays, CAT Reporting Begins Tomorrow
The Consolidated Audit Trail will begin receiving reports on November 15, a year after it was supposed to start.
Dash Hires AES Co-Founder for Equities Business
Prop-trading veteran joins vendor to lead equities product.