Market data
SEC denies 24X’s requested SIP exemption, for now
Start-up exchange cannot begin its overnight market session before the equity data plans’ hours are scheduled to be extended on December 6. But that’s only half of it.
Red alert: how Nasdaq’s Smarts became surveillance blind spot
Software that looks for shifty trades has been asleep on the job, affecting alerts for hundreds of products.
BlackRock aims to transform data quality checks with AI
Engineers at the firm are experimenting with harnessing the power of AI to improve data quality, and early results are promising.
EU exchanges shake up data policies ahead of new pricing rules
As each EU exchange interprets the RCB regulation differently, market data users across the industry are left to grapple with the new pricing policies changes
CJC speeds up data notifications with new ‘Hub’
The consultancy’s DN Hub aims to help investment firms automate the largely manual task of managing data notifications from exchanges and vendors.
UK’s bond consolidated tape goes live
ETS Connect UK has spent the past month ensuring the technology, compliance, and operations are in place.
Can Canada follow in the US’s footsteps in overnight trading?
Canadian marketplaces and trading venues are in a race to see who can first authorize overnight equities trading, but not everyone is convinced of its value.
‘Vibe coding is burning us out’
Vibe coding is rapidly spreading throughout the capital markets, and some are unhappy about it, while others believe the genie is out of the bottle. Engineers spoken to for this story share some choice words—and several expletives—about this new form of…
Will SEC reporting proposal supercharge alt data providers?
An SEC proposal that would let companies opt out of quarterly reporting disclosures could be a boon for alternative data providers.
LSEG paid $275 million for MayStreet, court documents say
Amid the ongoing MayStreet–LSEG lawsuit, lawyers for the exchange group filed documents last week that reveal the price tag of the deal and the earnout amounts at the center of the case.
Solving the last line of latency
Repurposed copper cables and hollow-core fiber can optimize latency even for firms who feel they’ve hit a ceiling, writes Vahan Sardaryan in this guest column.
Suspect in killing of CJC market data engineer captured
Sandra Villena’s alleged killer was arrested after more than three years on the run and will be extradited to Ecuador, where he is charged with femicide.
From latency to flexibility: The evolution of LSEG’s real-time data business
LSEG’s real-time market data business supports the push toward managed, cloud-based solutions, addressing legacy constraints while future proofing data strategies.
TMX to undertake extended trading hours in Canadian equities
Exchange operator looks to keep pace with US markets and potentially undercut Canadian competitors.
Spoiler alert: managing market data is a bad case for AI
The IMD Wrap: A recent conversation between Max and one of his sources highlights the uses of different mechanisms to manage one of their most expensive assets.
A new market data hope or an expanding Empire
Market data is now part of systemic infrastructure rather than just a commercial product. Tim Versteeg questions if market data is becoming too powerful to fail.
24X says requested SIP exemption won’t break the market
In a new letter to the SEC, the startup exchange says data infrastructure that operates like the SIP is available as it looks to launch overnight trading this summer.
CME sees progress in cloud migration, gains in market data revenue
Two agricultural products will be the first to move to cloud this year. The exchange group is also testing tokenization with banks and clearing members.
Euronext eyes bigger audience with new market datafeed
The European exchange is debuting a new cloud-based offering aimed at banks and mid-size asset managers that don’t need low-latency data.
Data industry spend hits $50B for first time in new report
A new product by BCG Expand will track market data vendor size and market share as it seeks to show data users where the market is heading.
24X National Exchange faces uphill battle in exemption fight
The Waters Wrap: 24X wants exemption from the requirement that the SIP be operational during overnight hours for its overnight session to proceed. Nyela explains why that’s asking a lot.