TMX Group
TMX’s indexing pivot bears first fruit
The acquisition of index provider VettaFi has boosted revenues in the exchange’s analytics division, but further growth could mean taking on the heavyweight data providers like S&P, FTSE Russell, and MSCI.
TMX advances plans to launch US equities ATS
New trading solutions and market data sources underpin the Canadian exchange group's growth strategy.
The IMD Wrap: Exchange, data vendor audits continue to rankle end-users—what will change in 2024?
While the data auditing process has been contentious for a long time, Max looks at some of the positive improvements made in 2023 and explains why more improvements need to be made in the New Year.
This Week: Danske Bank/Netdania, Tradeweb/BlackRock, TMX, and more
A summary of the latest financial technology news.
Waters Wrap: Examining ASX’s CHESS do-over
The Australian exchange was the first exchange to be all-in on DLT—and the project failed. Anthony speaks with ASX’s Tim Whiteley to discuss the lessons learned and why he thinks the second attempt will succeed.
This Week: Tradeweb, LSEG, TMX Group, SimCorp
A summary of the latest financial technology news.
TMX, CanDeal strike deal for Canadian benchmark transition
Canada is one of many countries moving away from opinion-based benchmarks like Libor in favor of alternatives based on observable trade data. TMX and CanDeal are working to deliver a new rate which will take over as Canada’s official loan benchmark next…
This Week: BNP/AccessFintech, Broadridge/Glue42, Omega/TNS and more
A summary of the latest financial technology news.
TMX embarks on data diversification and expansion play with WSH buy
The Canadian exchange is the latest to acquire a data vendor business, bringing non-exchange content to help it grow its data assets.
This Week: Numerix/Genstar, Overbond/TMX, Six and more
A summary of the latest financial technology news.
In the world of financial data, context—not content—is the new king
For years, the mantra of the market data world has been ‘content is king.’ But with trading strategies now more dependent on being able to see the big picture, the value of context could quickly overtake the data itself.
MarketAxess rolls out DataBP's self-service portal to simplify market data licensing
MarketAxess is looking to scale its business and launch new offerings by leveraging DataBP's platform, which utilizes API and cloud-based technology, to optimize its management of post-sales relationships and market data.
This Week: Finos, Northern Trust, DTCC, and more
A summary of some of the past week's financial technology news.
Waters Wrap: ESG’s growing influence on market data consolidation (And exchange data)
Anthony explains why he thinks ESG will play a major role in the anticipated market data consolidation that’s to come. He also looks at moves made by some exchanges to cut out the data vendor middleman.
One step closer: How exchanges are seeking tighter relationships with clients
Increasingly, exchanges are trying to get closer to their customers, in a bid to better understand how they use market data. This move may come at the expense of data vendors that are being gradually squeezed out of the exchange-client relationship.
Broker data policies stoke fears of ‘exchange-style’ fees and audits
Interdealer brokers are looking enviously at the way exchanges have been able to grow data revenues, providing a stable stream of profits as other business lines have declined. But following the exchange model has its own challenges.
This Week: State Street/Simcorp, Bloomberg, ACA, Broadridge & More
A look at some of the past week’s financial technology news.
People Moves: HKEX, TMX Group, ICE, TP ICAP, and Financial Information Forum (FIF)
A look at some of the key 'people moves' from this past week, including Brian Lee (pictured) who has been appointed group head of tech risk at HKEx.
BSO to Launch Millimeter Wave Connectivity In Toronto
The vendor is growing its millimeter wave services after its 2018 acquisition of Apsara Networks.
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.
Due North: Inside TMX Group's Bold Data Audit Overhaul
Toronto's TMX Group is looking to revolutionize the way that it conducts data audits with users. While the early feedback is positive, will others follow suit?