The options exchange operator hopes to make it easier for participants to translate data into context and insight, and to broaden participation from new market sectors.
Jo ponders some of the important pieces of the regulator’s National Market System modernization that remain obscure.
The Chicago-based futures trading platform recently rolled out a new OMS offering, while other projects, like its Echo Chamber market data platform, have been put on pause until a sale goes through.
Retiring Oats is a milestone on the long and winding road to Cat implementation, but the SEC must make some major decisions in a very short timeframe before the Cat journey is over.
Oats reporting could be fully migrated to the Consolidated Audit Trail and the Oats system retired as early as June 30.
Impacted users will have to pay extra costs to retain communications data for longer than two years.
Futures market participants say standardizing trade allocations through a post-trade utility could prevent a repeat of the chaos seen in March 2020, when back-office systems fails resulted in thousands of trade breaks.
The share of electronic trading in the market remains low, but a host of factors promise to change that for good.
Anthony takes a look at the Consolidated Audit Trail and concerns over its security. He also touches on the rapidly changing face of the regulatory reporting marketplace.
Regulators will need biographical information to get the most out of the Consolidated Audit Trail, advisor said, as broker-dealers and exchanges argue over liability for breaches.
Ion Group has acquired Dash Financial. Whether or not this ends up being a good marriage will come down to the people making the tech platforms, Anthony says.
The deal will allow Ion to pair Dash alongside Fidessa as it looks to “own the sell-side technology space.”
The new offering will provide flexibility for firms who want front-, middle-office staff, and clients to use the same analytics, but where vendor services would be prohibitive.
The bank’s recent moves signal what could become a managed services offering, as Goldman further embraces cloud, open source, and APIs.
Use cases for quantum computing are piling up—from CVA to VAR. But so are the obstacles
Anthony explores some of the questions raised by Refinitiv's plan to move away from Eikon and Thomson One. He also looks at data governance trends, and asks why the FIGI is having such a tough time gaining acceptance.
A summary of some of the past week’s technology news
The new functionality will help to give context to market manipulation alerts.
The vendor is streamlining its platform for reporting to the consolidated audit trail.
While many firms have enforced hiring freezes during the pandemic, the regulatory reporting vendor has plans to aggressively grow its staff count.
Blaze 7 will feature an enhanced, integrated suite for options volatility traders.
The custodian bank will receive and transmit European listed options and derivatives orders from buy-side clients.
A summary of some of the past week’s financial technology news.
As CAT reporting activity picks up, error rates have somewhat surprisingly been well below what was expected in the testing and production environments.