Weeden, BES, FSA, GAIN

WEEDEN, PRAGMA DEBUT LIFEGUARD

Agency broker Weeden & Co. and Pragma Financial Systems announced today, June 7, the release of OnePipe Lifeguard, second-generation anti-gaming logic available through OnePipe Optimal Liquidity Management System. By monitoring trades and quotes across markets over a rolling adjusted time window, the system dynamically estimates a fair, manipulation-free price and sets trading limits to prevent adverse crosses. After trading, it uses the complete high-frequency data

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Crypto exchange EDX takes its tech into its own hands

The crypto exchange and clearinghouse, founded in 2022 by industry heavyweights, has built out its technology to meet the needs of the institutional market. In the process, it has learned important lessons about partnering with vendors, building in-house, and, ultimately, control.

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