Canadian Advisory Firm CFSI Signs MDA, Quartet to Vendor Partner Ecosystem

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Chris Sparrow, a former director of institutional at RBC Capital Markets, who has also held senior trading and research roles at Liquidnet, ITG and TD Securities, and served as a consultant to the Investment Industry Regulatory Organization of Canada, set up Market Data Authority (MDA) a year ago to provide market participants with analysis of market activity, liquidity provision and routing strategies.

MDA provides a cloud-based database of tick data on Canadian markets that can generate static

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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