A raft of new entrants are offering outsourced trading services to buy-side firms, anticipating a wave of takeup among larger asset managers, driven by cost and coverage needs. But are they aiming too high?
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.
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…
The fund giant hopes the roll-out of the tech in 2022 will deliver greater efficiency and pricing benefits.
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.
The vendor is introducing additional alerts for trade surveillance to help tailor its solution for OTC fixed income.
Deal for multilateral compression provider latest in wave of post-trade tie-ups, as SA-CCR bites
APG has improved prediction accuracy for G10 currency movements after adopting decision tree-based machine learning.
Anthony takes a look at some major CEO changes from the last year, and what those moves might mean for clients of those vendors.
Broadway will look to build out its fixed income trading workflows, grow its as-a-service offering, lean into the low-code movement, while considering new asset classes to expand into—all while once again competing with Ion.
Migration to stock exchange’s tech platform aims to deliver faster speeds and more order types.
A look at some of the key people moves from this week, including Elizabeth Pritchard (pictured), who joins Bitvore as CEO.
The EC is pushing for a tape for fixed-income instruments, and market participants say it could speed up electronification, if implemented properly.
The share of electronic trading in the market remains low, but a host of factors promise to change that for good.
Budget reallocation may not be the only factor stalling standardization progress, say market participants.
The deal will allow Ion to pair Dash alongside Fidessa as it looks to “own the sell-side technology space.”
The Swiss bank’s asset management division has been working with Cosaic for a bit over a year, and has used Finsemble to automate heavy workflows in FX pricing, money market yields, and credit.
WatersTechnology looks at some of the major projects coming out of Asia that are leading the way for firms around the globe.
Already well established as an alpha-enhancing input to equities trading, sentiment data is now being applied to other asset classes, starting with foreign exchange.
The bank’s recent moves signal what could become a managed services offering, as Goldman further embraces cloud, open source, and APIs.
A look at some of the key "people moves" from this week, including Craig Meyer (pictured) who has been appointed VP of marketing at Exegy.
A summary of some of the past week’s technology news
The vendor’s seventh generation of its single-dealer platform is built on HTML5 to allow for more customization.
The two are working out the necessary regulatory, tax, and documentation needed to provide custody services for foreign exchange transactions in the two countries.