Outage
Trading Venues Face Resilience Test in Covid-19 Pandemic
Software testing and monitoring keeps market infrastructure a step ahead amid market volatility.
NYSE Eyes 'Safe' NY Floor Reopening as Research Shows Value of Open Outcry
NYSE COO Michael Blaugrund looks ahead to a potential reopening of the exchange's iconic New York trading floor, and describes why NYSE believes it's appropriate to reopen the Arca Options floor earlier, and the role of DMMs in reducing volatility.
Nasdaq, Cboe Fix Feeds Hit by Options Overload
Recent market volatility overwhelmed the Nasdaq BX and Cboe market depth feeds with so much activity that the exchanges did not have enough physical numbers to accurately represent it.
Sluggish Back-Office Systems Added to Margin Pressures
Systems supplied by FIS struggled to handle a massive spike in March trading volumes, according to multiple sources.
On the Rise of SaaS, Cloud & Chaos: BCP in an Unknown World
It’s business as usual—except when it’s not. Traders, investment bankers, asset managers, and the vendors who serve them will operate using their business continuity plans indefinitely. Tech innovations over the last decade have made these plans better,…
This Week: Philippine Stock Exchange, IBM, Cboe, Esma & More
A summary of some of the past week’s financial technology news.
Robo-raters Help Banks Vet Vendors for Cyber Risk
These specialists are touting services for monitoring third parties amid tougher rules on outsourcing risk.
The Cloud Breach Blame Game
As cloud computing becomes an ever more critical component of any modern financial technology infrastructure, cloud deals are coming under increased regulatory scrutiny.
Banks Forge Cloud Agreements to Split Accountability
Banks are trying to split responsibility for their operating environments with the major cloud providers. Regulators are having none of it.
The Hard, Human Lessons of RPA
Robotics’ promise to revolutionize operations by automating tasks and accelerating processes is hitting implementation roadblocks.
UK Regulator Deepens Partnership with Sopra Steria
Although there were reported glitches after Mifid II went live with the Market Data Processor (MDP), the FCA signed on for bigger projects with the company that built the platform.
FCA: Bad Tech Leads to Cyberattacks
UK regulator warns of firms' inability to manage system failures and cyber attacks as reports in incidents are on the rise.
Bitfinex Joins Market Synergy’s Crypto Connectivity Infrastructure
The network will provide the crypto exchange with access to institutional clients and co-location services.
Code Red: Trading Firms Turn to AI for System Stability
As IT systems are buckling under the pressure of modern day trading volumes and regulatory requirements, some firms are turning to AI to predict and minimize outages.
Bad Blood: Regulators Lose Patience with Mifid II’s Dirty Data
Problems and bad practices continue to plague Europe's vision of a new transparency regime. An inside look.
Wavelength Podcast Episode 124: Exchange Outages and Blockchain Developments
The LSE suffered a major outage this week while blockchain was very prevalent in this week's headlines.
Auction System Glitch Led To LSE's Morning Blackout
London bourse's trading delay was the first such disruption in years.
ITRS Upgrades Big Data Monitoring and Analytics
ITRS integrations offer full visibility of commonly used open-source data technologies and applications.
Eurex Glitch Delays Deutsche Börse Trading
Technical problems with Eurex’s T7 system delayed trading on the day of a big listing for Deutsche Börse.
NYSE Fined $14 Million by SEC for Reg SCI Violations
The exchange settles after multiple investigations conducted into outages and systems issues over past several years.
Nasdaq Blames Network Issues for Friday Options Data Outages
Following the days' outages and failing over its network switch, Nasdaq said its systems were operating normally.
Mifid Data Runs Aground with Issues at European Regulators
Glitches and halts mark first few weeks of transparency requirements at systems operated by regulators.
West Highland Bows V2 of Monitoring Dashboard
The new version of West Highland's Dashboard features an improved design and tools for monitoring exchange outages and for identifying the impact of price changes.
The Backup Plan
Wei-Shen Wong investigates business continuity procedures in a region especially prone to natural disasters.