Impacted users will have to pay extra costs to retain communications data for longer than two years.
GTCOM-US, once a bespoke alt data shop for the buy side, has narrowed its offering to focus on Chinese datasets as the largest alt data players get even bigger.
Researchers from a Paris university are using the provider’s data and coding environment to build models for more efficient regulatory approaches.
In addition to growing their cloud presence in the capital markets, Big Tech companies are, unsurprisingly, taking the lead on encryption and security in the cloud. Anthony sees positives and negatives. He also looks at bank-led consortiums.
As markets for trading stock in privately-held companies become more prevalent and exchange-like, and potentially attract more investors, Max questions what impact this will have on fully-fledged exchanges and their offerings.
Sources say initiative is designed to fend off higher fees and disintermediation in case established multi-dealer platforms start trading CLOs.
Anthony takes a look at the alternative data industry post-GameStop, and wonders about Ion Group’s strategy going forward after recent acquisitions.
Private stocks are opaque, illiquid, behave differently from public markets, and lack the same infrastructure as public marketplaces, creating back-office integration challenges for firms that want to trade these stocks in a more liquid manner. But as…
While it would appear that Ion has acquired the Pisa-based vendor, details are murky. If the deal has gone through, though, it could mean contractual changes will occur in the near future for List users.
After Redditors staged an epic short squeeze against a handful of hedge funds, some in the industry are left wondering whether today’s models and data techniques are prepared for world where online often equals real life.
With traditional ratings agencies facing increased hostility from financial firms, new entrants are hoping to reshape ratings. But will fresh approaches appeal to an industry underwhelmed by existing offerings?
Buy-sider traders remain skeptical of the benefits of algo execution for credit derivatives.
US competing consolidators grapple with pricing uncertainty as SEC, exchanges battle over new Sip regime
Vendors who want to provide consolidated market data under the SEC’s new system can’t make plans until they know how they are going to be charged for market data. But the fee schedules are mired in legal action and confusion.
The project comes at a time when Euronext is considering a datacenter move, and sources speculate that Six might also be another candidate to migrate. Market participants are split on the news of the LSEG migration, with some calling it “frustrating,”…
Sseoms competitors are stepping into the breach left by Bloomberg’s move to sunset the sell-side focused suite of services. This could be a chance for a new premier provider to snap up some business, while leaving others to reevaluate their standing in…
While not a fan of blockchain, Anthony looks at some potential use-cases for the tool in the world of capital markets. He also gives his thoughts on Broadridge’s soon-to-launch LTX platform.)
While market data departments are rarely highlighted when it comes to innovation, Max says that doesn’t mean there aren’t disruptive tech projects underway.
Startup DLT provider TradeX proposes using blockchain's immutable ledger as an indisputable record of market data entitlements and consumption, to reduce licensing disputes.
Entering a saturated market of electronic trading technology this summer, the new AI-powered platform must clear several hurdles before it can declare success.
TRG will combine J&J's six-year-old MDR managed service for data reporting with its own similar ADS declarations service.
Market participants say the price hikes reflect the struggle among regulatory reporting service providers to run sustainable and profitable businesses.
Budget reallocation may not be the only factor stalling standardization progress, say market participants.
Anthony takes a look at an interesting announcement between FactSet and Microsoft and what it could hint at as to Microsoft’s future in the capital markets. He also examines Algorithmics in the year after the SS&C acquisition.
A look at some of the key "people moves" from this week, including Von M. Hughes (pictured), who has been appointed to Tradeweb’s board of directors as an independent director.