With political appetite established on both sides of the Channel, attention is turning to the technical details.
The offering will run eastward, connecting routes in the US with European markets in London, Frankfurt, and Bergamo.
As high-speed trading systems become par for the course, asset managers turn their focus to integration capabilities, according to a new study.
The tech provider gains TCA, analytics, and algo optimization tools as established vendors vie to build more comprehensive platforms.
Terminal velocity: MarketAxess bets on algo trading as electronification of fixed income gathers speed
MarketAxess hopes to bring fresh ideas from other asset classes with acquisition of multi-asset algorithm provider Pragma.
The CEI aims to bring interoperability to loan trading, but it’s entering a market dominated by a long-standing incumbent.
Wei-Shen examines how exchanges are branching out and pursuing new ventures that could bring them fresh revenue streams.
With whispers swirling that Ion’s chief executive is looking to cash out on his tech conglomerate, big changes could be coming to the world of fixed-income software.
The exchange revealed it has been working with LLMs for a decade to drive automation around its messaging platform. Now, it’s looking for more uses across all asset classes.
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 firms see outsourced trading as a way to simplify their operating model, while custodians see an opportunity to sell bundled services.
Buy-side rates traders look to dodge platform’s interface but remain barred from cross-venue price-shopping.
The fixed-income trading provider’s Adaptive Auto-X automation tool and new data offerings were a bright spot amid lackluster Q2 earnings.
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.
A summary of the latest financial technology news.
Amid renewed interest in the bond market, big firms are making strategic acquisitions to get in on the action.
With electronification and tech development increasing in fixed income, participants are looking for better data access in the primary market for corporate bonds.
Anthony says Numerix’s acquisition of Fincad is indicative of where technology development in the capital markets is heading.
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.
Clients have been left in the dark about the ransomware attack that disrupted futures trading last month.
Increased electronification of fixed income markets requires more connectivity, which entails greater costs for firms to connect to a growing list of trading venues.
The MSCI One platform already runs on Microsoft Azure, and MSCI is building a new investment data platform on Google Cloud to utilize the search giant's AI and NLP capabilities.