Waters/News
LSEG makes final case for dismissal of MayStreet lawsuit
Lawyers for both LSEG and MayStreet founder Patrick Flannery have argued the lawsuit’s merits through various legal filings for almost a year.
People Moves: ING, ClearToken, HKEx, Trading Technologies, and more
A look at the past month’s people moves in the capital markets tech and data space.
FactSet and JP Morgan’s new tool, Broadridge’s proxy voting play, Fitch’s new MCP, and more
A recap of the major tech and data news from the past week in the capital markets.
Pimco replaces Bloomberg EMS with TS Imagine
Fixed income giant is shrinking its Bloomberg EMS footprint, though not removing it completely, sources say.
Capital markets’ demand for Google’s chips buoys cloud business
Google will begin delivering its TPUs to a select group of clients in their own datacenters later this year.
24X says requested SIP exemption won’t break the market
In a new letter to the SEC, the startup exchange says data infrastructure that operates like the SIP is available as it looks to launch overnight trading this summer.
Cboe sells to TMX, TT links to NZX, Broadridge and Digital Asset invest in HQLAX, and more
A recap of this week’s major tech and data news in the capital markets.
CME sees progress in cloud migration, gains in market data revenue
Two agricultural products will be the first to move to cloud this year. The exchange group is also testing tokenization with banks and clearing members.
Euronext eyes bigger audience with new market datafeed
The European exchange is debuting a new cloud-based offering aimed at banks and mid-size asset managers that don’t need low-latency data.
Northern Trust details its AI strategy
CEO Michael O’Grady says the firm’s strategy is anchored in hyper-personalization, AI-generated alpha, and infinite scalability.
NYSE files with SEC to join DTC’s tokenization pilot
Proposal mirrors one filed by Nasdaq last fall to allow investors to choose whether a security is cleared and settled in tokenized form.
Deutsche Börse invests $200M in Kraken, DTCC advances cloud strategy, and more
A recap of this week’s major tech and data news in the capital markets.
Data industry spend hits $50B for first time in new report
A new product by BCG Expand will track market data vendor size and market share as it seeks to show data users where the market is heading.
Morgan Stanley participating in Anthropic’s Claude Mythos testing
The bank is one of the select few granted access to the hyperscaler’s latest model.
TNS integrates Radianz, Exegy reduces latency, BondXN allies with BlackRock, and more
A recap of this week’s major tech and data news in the capital markets.
Blue water rafting: How RBC’s AI Group is navigating the AI rapids
After forming its new AI Group, RBC is building a governance layer to help minimize risks posed by agentic AI.
People Moves: MSCI, DTCC, Aquis, Broadridge, and more
A look at the past month’s people moves in the capital markets tech and data space.
SFC lifts lid on new Hong Kong FIC trading platform
Regulator sheds light on venue that could rival Bloomberg, Tradeweb in CNH market
Tata’s ‘self-healing network,’ 24X’s uphill battle, Gresham’s new ‘Opus’ and more
A look at some of the biggest stories and news from the past week.
The public market data formula is coming to private markets
As interest in private markets grows, S&P Global, Bloomberg, and ICE are including increasingly valuable data in their offerings.
ExeQution Analytics aims to reduce agent hallucinations with new tool
The five-year-old company is launching an agentic tool to help trading, quant, and IT teams get more value from their data.
Nasdaq and Talos partner for tokenized collateral management, new prediction markets offerings, and more
The Waters Cooler: Allvue adds private markets performance benchmarking and Equinix scales datacenter talent program in this week’s news roundup.
Tradefeedr pairs with BMLL to expand FX offering into equities, futures
Tradefeedr will also use BMLL’s historical data to help build out an LLM-powered chatbot.
Equity data plans eye Dec. 6 for overnight trading launch
The US SIPs are looking to launch near 24-hour operations as exchanges seek to extend their hours.