Market data
Firms get AI access to LSEG data via DataBP admin layer
LSEG has expanded its agreement with DataBP to enable customers’ AI-based tools to request and evaluate data from the exchange and maintain more comprehensive usage records.
Rimes builds agents for exception management
The vendor aims to improve its data foundations to allow for greater agent autonomy.
Intraday pricing: Fixed income’s next frontier
With firms looking to price fixed-income securities on an intraday basis, specialist pricing providers such as LSEG help address cost, complexity and time-to-market challenges.
Most innovative market data project/initiative—firmfact
Firmfact automates market‑data contracts, invoices and entitlements for banks and asset managers. Its AI reads documents, matches invoices line‑by‑line and verifies licences with minimal keying.
Best market data newcomer (vendor or product)—Octaura
Octaura’s Insights Platform is an integrated market intelligence and analytics offering purpose-built for the leveraged loan market.
Best market data provider (broker)—Fenics Market Data & Analytics
FMD’s Broker Data service draws on BGC Group’s global brokerage operations to provide pricing, trade and order-flow information across FX, rates, fixed income, commodities and derivatives.
PostSig, CJC team up to run data management for London broker
In the first such deployment between the vendors, CJC will act as an outsourced data administrator using PostSig’s technology to manage the firm’s data.
Mind the stack: the foundation markets run on
Exchange data is an underappreciated component of the AI era, writes Jeff Kimsey.
Bankers question value of round-the-clock trading
BNY and State Street execs predict the arrival of extended-hours trading will come with a hefty price tag for industry firms.
After funding boost, Databento preps data expansion
After recently announcing $97 million in funding, the vendor is pressing ahead with global expansion plans.
SIX launches market data platform designed for accessibility
SIX Market Signal aims to bring price transparency, ease of use, and reduced administrative burden to the maddening world of market data.
Photonics: time for trading tech to see the light
The Waters Wrap: While the sector is dominated by Big Tech, photonic-based solutions could one day help trading firms take more control over their AI ambitions, Anthony says.
Navigating the MarketAxess ICE storm
The Waters Wrap: Most of the discussion surrounding ICE’s MarketAxess buy has focused more on benefits for the front office than the data possibilities.
CTA, UTP to merge into single Consolidated Tape Plan under DataCT
Randall Hopkins, former head of market data at Nasdaq, will join the new company to build and run it.
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.
LSEG–MayStreet lawsuit may have precedent in Delaware court
Lawyers for Patrick Flannery argue that a recently settled case in Delaware sets precedent for his ongoing battle with the exchange group.
LSEG caps free prompts as it moves to increase AI revenues
New AI tools were the main focus of the exchange group’s mid-year progress update.
Bloomberg acquires Canoe Intelligence, expanding private markets prowess
In a rare acquisition, the data giant is looking to add to its established private markets intelligence and add more functionality for client workflows.
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