For years, brokers have offered suites of algorithms, each geared toward a certain strategy and outcome. Now, firms are compressing these into multifaceted algorithms that can switch between different strategies or markets in response to trading…
Founded with the principles of “transparency and academic rigor,” some say Proof’s model and technical approach is a test case for a new generation of cloud-native broker startups.
Budget reallocation may not be the only factor stalling standardization progress, say market participants.
Algorithm development specialist BestEx Research is making a play to address inefficiencies in futures trading algorithms.
In this profile of the Intercontinental Exchange, Lynn Martin explains how the company’s ICE Data Services unit is creating a unified offering with fixed income data at its core, after a series of acquisitions that began with its purchase of IDC in 2015.
The vendor has been adding members to its team with buy-side and wholesale broking backgrounds.
Vendor firm will release enhancements to allocation, pre-trade compliance, and reporting and analytics in September.
A summary of some of the past week’s financial technology news.
Traders should have real-time voice modules in trading systems and the ability to add detailed notes to replicate trading floor experience.
State Street will also integrate BestX equity TCA into its outsourced trading desk.
An examination as to how the buy side is embracing algo wheels and where the challenges still remain.
The Swiss best execution and TCA provider is set to open an office in New York, and co-locate with the CME.
Traders in Europe face rising data acquisition costs and increasing regulatory reporting pressures argue that a pan-European consolidated tape is long overdue.
As European market participants bemoan the lack of a consolidated tape, a senior SEC executive debunks the idea that a pan-European tape, similar to the US, will resolve issues around data access and costs.
The exchange group is launching a separate technology arm for capital markets focused on blockchain, cloud and artificial intelligence.
The vendor's first local office outside the US is London, with plans for regional presences elsewhere in Europe and Asia.
Independent validation and ease of distribution to clients are among the factors for the partnership.
Officials say the service provides a comprehensive view of European fixed income trade data published by APAs and MTFs for best execution monitoring.
The vendor uses a microservices framework to deliver solutions to a wide range of capital-markets firms.
Waters examines some of the most important events in financial technology of the past 25 years.
Tech provider integrates OneTick tools for transaction-cost analysis in futures.
AlgoWheel will use machine learning to determine best method of execution.
New tool aims to enhance connectivity and trading infrastructure to achieve delivery of best execution services.
Financial firms commonly review trading activity after the fact to improve their execution strategies. But what they’d really love to do is perform that in real time, pre-trade. Max Bowie looks at how far along market participants are in pursuit of this…