Fixed income
LSEG-Tora: A tale of crypto, Asia expansion and (more) integration burdens
When LSEG acquired Refinitiv, it added Eikon, FXall, and AlphaDesk to its portfolio of execution platforms. In February, the exchange also bought Tora, which has a stronghold in Asia, as well as a presence in crypto. While sources say there are clearly…
This Week: SS&C; DTCC; LPA & More
A summary of the latest financial technology news.
People Moves: Tradeweb, Rimes, CME, LiquidityBook, and more
A look at some of the key people moves from this week, including Renaud Larzilliere (pictured), who joins Rimes as COO.
SEC sets its sights on fixed-income platforms with Reg ATS revamp
US regulator’s mammoth January proposal has something in it for most US trading systems, but Jo suspects it will be the definitions of exchanges that hit the hardest.
Waters Wrap: Data ownership & storm clouds brewing
Thanks to technological advancement, firms are finding new ways to monetize data. While the question of “who owns the data” was never a pressing one in the past, Anthony says that there are reasons to believe that will soon change.
People Moves: MarketAxess, FCA, Cowen, IQ-EQ, and more
A look at some of the key "people moves" from this week, including Nash Panchal (pictured), who joins MarketAxess as chief information officer.
People Moves: Digital Asset, Coalition Greenwich, NZX, Symphony, and more
A look at some of the key "people moves" from this week, including J. Christopher Giancarlo (pictured), who joins the board of directors of Digital Asset.
People Moves: BSO, Saxo Markets, MSCI, LPA, and more
A look at some of the key "people moves" from this week, including Michelle Shanley (pictured), who has been appointed global head of strategic and key accounts at MSCI.
In the race to institutionalize crypto, participants eye familiar tech ‘wrappers’ for new assets
Despite the development of digital assets overall, and interest in cryptocurrencies remaining strong among individual investors and niche firms, widespread institutional adoption remains muted. Wei-Shen Wong looks at the tools being developed to support…
An EU Consolidated Tape: Advancements made in 2021, but still far to go in ’22
The second half of the year saw some long-awaited progress in the mission to fill the void of a consolidated tape in the European Union.
People Moves: NYSE, Broadway, FactSet, Tourmaline, and more
A look at some of the key "people moves" from this week, including James Bunch (pictured), who joins TRG Screen as chief technology officer.
Disrupting data delivery: AWS Data Exchange gains ground with addition of FactSet content
Leveraging AWS’s presence on Wall Street, Data Exchange has the potential to shake up traditional financial data delivery and contracts, if it can add relevant content and overcome challenges like real-time streaming and connectivity in the cloud.
Waters Wrap: An EU consolidated tape—a story of market data costs & reality
After the European Commission released its proposal for an EU consolidated tape last week, Anthony explores some of the unanswered questions that still linger and what the greatest roadblocks appear to be.
FactSet EMS adds fixed-income trading capabilities
Portware is already integrated with fixed-income electronic trading platform Trumid, as well as Tradeweb, MarketAxess, and Bloomberg.
Nasdaq rolls out new fixed-income trade surveillance alerts
The vendor is introducing additional alerts for trade surveillance to help tailor its solution for OTC fixed income.
Top venues mull offering joint EU consolidated tape for bonds
Market participants worry a venue-led CT could be of low quality, with CT data used to create expensive additional products.
Patchy data thwarts consolidated tape hopefuls in Europe
Vendors grapple with unstandardized data reporting and data gaps in their push to develop a consolidated tape, as the EU prepares to unveil its latest legislative plans.
People Moves: Rimes, Broadridge, TP Icap, Sifma, and more
A look at some of the key "people moves" from this week, including Justin Brickwood (pictured), who joins Rimes as head of benchmark data services.
This Week: Trading Technologies, Goldman Sachs/Digital Asset, SimCorp/Citi and more
A summary of some of the past week’s financial technology news.
Vendors push voice data across the trade lifecycle
Through partnerships and acquisitions, communications vendors are integrating voice data into different parts of the trade lifecycle to offer more sophisticated analytics and easier user interfaces.
Competing CTPs won’t work, warn EU firms, calling for single tape provider
As the industry awaits upcoming EC proposals, some firms are voicing concerns that mandating multiple CTPs could create fresh problems around data fragmentation and connectivity costs.
Waters Wrap: Examining Digital Asset’s DLT strategy (and its broader implications)
Digital Asset has slowly expanded its influence with exchanges in the APAC region, and this year has made additional inroads in the US and Europe. Anthony examines the company's wins and losses over the last seven years.
SimCorp makes push into managed services
The Danish vendor is in the early stages of moving into accounting services. In later phases, it plans to expand services across the back and front office.
This Week: Deutsche Borse; State Street; IHS Markit; MSCI; & more
A summary of the week's financial technology news.