Trading Tech
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.
Colt Provides Full Hosting Capability in Taiwan
It will provide rack space, hardware hosting, connectivity, and market data for investors accessing TWSE, TAIFEX, and TPEx.
Glue42 Open-Sources Web App Interoperability
The new solution uses progressive web applications, cutting out the need for containers.
TMX Forges Ahead to Offer Round-the-Clock Derivatives Trading
Despite the coronavirus, the exchange is on track with plans to offer near 24-hour derivatives trading, new interest rate contracts, and increased transparency into ESG risks.
In Expansion Beyond HFT, FPGAs Eye AI
After a decade of supercharging low-latency applications, Wei-Shen Wong explores how FPGAs are pushing into new areas of the capital markets, driven by interest in AI & ML.
Linedata Looks to Expand Public Cloud Strategy
Linedata has moved its applications to AWS and aims to have support for Microsoft Azure by the third quarter.
CLS Assembles Data Science Team to Decode FX Volatility
The information services division at the FX settlement specialist is recruiting data analysts for a special project.
This Week: SEC, SS&C, TRG Screen, Refinitiv, Rimes
A summary of some of the past week’s financial technology news.
Trading Venues Aim to Unlock Value of Green Bonds
Tech providers are looking for ways to increase liquidity in climate bonds, a tiny but fast-growing corner of the fixed-income universe.
Lazard Asset Management Looks to Reinvent Asset Classifications
The firm is developing themed asset categories for investors by finding new correlations in alternative datasets.
Alt Data Market Could Take Deep Hit Due to Coronavirus
If hedge funds and VCs tighten their spending in 2020—a likely outcome—it could be the alternative data market taking the brunt of the punishment.
Wavelength Podcast Ep. 188: OpenFin’s Mazy Dar Talks Interoperability
OpenFin’s Mazy Dar comes on this week’s podcast to discuss the interoperability movement.
ASX Reviews CHESS Replacement Timeline as Coronavirus Bites
The exchange will consult on a new schedule in June, but industry testing of the platform is still on track for July.
LSEG To Build DLT PoC for Equities Settlement
The exchange's blockchain architect says the product is being prepared for testing in the FCA's sandbox.
Thasos Group Assets Acquired By Market Service Inc.
The location data specialist has been sold after falling upon rough times last year.
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.
Weighing the Benefits: Hardware Vs Software
In the pursuit of new ways to eliminate latency from the market data distribution and trading processes, vendors have invested in hardware-acceleration technologies, such as FPGAs. But with commodity chips now giving specialist hardware a run for its…
Wavelength Podcast Ep. 187: Digital Asset on Blockchain Issues
Digital Asset’s Kelly Mathieson and Dan O’Prey talk about some of the challenges with capital market blockchains.
Lighting Up the Black Box: A Must for Investors?
Many quants contend that you must be able to interpret machine learning in order to use it.
Aegon Asset Management Partners with ACA Compliance for Surveillance
The firm is using ACA's Decryptex to identify fraudulent trading behavior.
FCA and BoE: Evaluate Your Third Parties
Consultation on new rules is set to close on April 3, but regulators are reviewing deadlines as firms are under pressure due to the coronavirus.
Industry Given CAT Relief Due to Coronavirus [UPDATE]
The SEC has released a no-action letter, delaying deadlines for the Consolidated Audit Trail until at least mid-May.
MEMX Goes with Nasdaq for Market Surveillance
The Members Exchange plans to be live with the platform by its launch date of July 24, despite market volatility.