Trading Tools
This Week: Fidelity Digital Asset, State Street, HSBC, Instinet, INTL FCStone, Quantopian
A summary of some of the past week’s financial technology news.
Intercept: AQR’s Risk-Catching Machine
CRO Mike Patchen has helped build a system to identify risks before they grow or spread.
Ahead of Test, CAT Faces Hurdles with Reporter Agreement
Sources say broker-dealers have not yet signed an agreement allowing them access to the test environment.
Wavelength Podcast Ep. 175: Tradeweb's Billy Hult
Duncan Wood interviews Tradeweb's Billy Hult about the changing trading landscape.
Horizon Software Adds Market-Making, Hedging Algos to Library
Clients can use the algos from the libraries to connect to their existing algos and strategies.
Systematic or Discretionary: Point72’s Granade Says Lines Are Blurring
At Waters USA, the chief market intelligence officer of hedge fund Point72 discussed how tech and data are disrupting traditional ideas about investing.
OKEx Expands Crypto Derivatives Offering
The Malta-headquartered digital asset exchange has upgraded its trading architecture, with an eye on futures and options trading features.
RBC Capital Markets Seeks Analytics Vendors
The investment bank is looking to partner with companies like Pyramid Analytics for better insight.
APIs to Help with Regulatory Differences Over Dark Trading
Technologists urged to adopt a more flexible plug-and-play approach using APIs, as concerns grow about the FCA and Esma's differing attitudes toward dark trading.
Avelacom Adds Multi-Cloud Connectivity for Crypto Traders
Direct links set up in each location “jump” from points-of-presence to a cloud in under a millisecond.
The Rise of the Algo Wheel
An examination as to how the buy side is embracing algo wheels and where the challenges still remain.
LSEG Building New Algo-Testing Tool
The exchange group is developing new regtech products while looking to move these offerings to the cloud in 2020.
Asset Managers Likely Overestimating Their Alt Data Capabilities
UBS Asset Management’s CDO & Element22's founder look at some of the challenges facing the alt data space.
The API Economy’s Existential Crisis
Has the so-called ‘API economy’ been over-hyped, or is there value in recalibrating an open API strategy? WatersTechnology examines.
Bad Clocks Block FX Best-Ex
To get a good deal in fast-moving FX markets, buy-side firms need to know the time. Some of them don’t.
Banks Team Up for “Ion Replacement” Project
Consortium weighs building fixed-income software in potential threat to Ion, the dominant vendor
Qontigo to Release Index Building Platforms
The company, a merger of Axioma, Stoxx and Dax, will offer factor indices and ESG-based index creation.
Nasdaq's Lessons in Machine Learning Yield New Surveillance Tool
The offering, which took more than a year to build, combines deep, transfer and human-in-the-loop loop learning to find patterns.
3Forge Looks to Expand its Visualization Capabilities
The company also tapped an independent party to conduct speed tests on its platform.
Jupiter Asset Management Taps RPA for Manual Process Automation
The asset manager is reviewing various processes to see what kinds of automation could bring efficiency.
After Fidessa Exodus, Some Users Brace For Trouble
WatersTechnology spent three months examining Fidessa to see what has transpired inside the vendor since the Ion acquisition. During a period of great change, a lot of questions—and worry—remain.
NatWest Rolls Out Personalized Trader-Dealer Chat Bot
The digital assistant is built on Symphony’s open-source technology and integrates with existing trader-dealer workflows.
Confluence & StatPro: A Sign of the Buy-Side Times
Confluence has a big job ahead integrating StatPro’s various analytics tools.
TradingScreen Looks to Asia, New Order Management Products for Growth
The EMS provider is looking to build out its suite of solutions for the buy side, including a new algo wheel and visualization tools.