Protocol
People Moves: LedgerEdge, Broadridge, Talos, Liquidnet, and more
A look at some of the key people moves from this week, including Jason Mendez (pictured), who joins Bitvore as vice president of partnerships.
Six partners with BMLL for best execution analysis
The Swiss exchange is using the vendor's data and analytics to provide insight to brokers around Swiss EBBO liquidity.
Charles River, Wave Labs team up for enhanced OEMS
The strategic partnership will involve a three-part integration including system connectivity, combined visualization and the creation of client feedback loops.
Waters Wrap: On outages, teamwork & greed (And ESG innovation & consultants)
Anthony examines a proposed protocol in Europe that would help keep liquidity flowing if there’s a major exchange outage. He also discusses innovation in the realm of ESG, and Esma’s new data analytics platform.
Broadridge’s LTX bond trading platform faces uphill battle
Entering a saturated market of electronic trading technology this summer, the new AI-powered platform must clear several hurdles before it can declare success.
LME overhauls tech, data stack amid calls for trading floor closure
The London-based commodities exchange has embarked on an ambitious technology and data infrastructure modernization strategy as it takes steps to close its open-outcry floor.
MarketAxess Eyes Predictive Capabilities for Fixed Income Liquidity
The trading platform is working to develop its pre-trade automation capabilities to predict a bond’s likelihood of execution, and helping buy-side clients navigate fixed income trading protocols.
Machine Learning will Create New Sales Bots on Trading Desks
Technologists are working to automate indications of interest from trading desks, according to UBS’s head of machine learning.
Covid-19 Disrupts Innovation in US Treasuries Market
The pandemic has caused setbacks in electronification and streaming in the US government bonds market.
Trust Issues: As Zero-Trust Architectures Mature, Bank Infrastructures Face 'Growing Pains'
Coronavirus has heightened the need for IT and data security, exposing areas for potential improvement. One option is to lock down sensitive areas using a practice called Zero-Trust Architecture, which offers a host of benefits, but brings with it some…
Multicast: The ‘Holy Grail’ for Getting Exchanges to the Cloud
Cloud providers are hunting for a way to bring multicasting to the cloud for low-latency market data distribution, unlocking the gateway for traditional exchanges to shift core infrastructure to the cloud without negatively impacting high-speed trading.
Banking Regulator: Beef Up Security in Covid-19 Remote Working Era
The OCC security controller warns that cybercriminals are exploiting the wider attack surface created by remote working.
IHS Markit Builds Out Alt Data Library for Research Signals
The data service provider is widening its coverage of alt datasets for signals in cyber risk and controversy data.
FactSet, OpenFin Pairing Marks Major Step in Interoperability Movement
FactSet's deployment on top of OpenFin and vote of confidence in the FDC3 standards paves the way for next evolution of desktop interoperability.
Blockchain’s Standards Dilemma
An examination into how the industry is trying to create standards around blockchain development.
Digital Asset and Isda Create Rosetta Stone for Derivatives Smart Contracts
The event specification module will allow for a common DAML library that references machine-executable trade lifecycle events.
ASX Offers Free Blockchain Settlement to Lure Early Adopters
ASX plans to release the CHESS replacement in 2021 and the hope is to cut into Swift settlements.
MarketAxess' Dutch Approval Gives Greenlight for EU Expansion
The firm will be authorized to operate its trading and reporting businesses from the Netherlands post-Brexit, enabling it to expand its footprint in the European markets.
5G Networks: Information Overload
Despite what some wireless carriers say, we’re still a few years away from a mass rollout of true 5G networks. While they will be revolutionary, right now it’s more hype than reality. WatersTechnology tries to look ahead to see how capital markets firms…
Top Stories 2018: The Crypto Round Up
The crypto space dominated headlines over the past 12 months and WatersTechnology looks at some of the top stories.
Banks and Buy Side Ally for Desktop App Interoperability
Led by OpenFin, FDC3—which includes the likes of RBC, JPMorgan, AllianceBernstein, Citadel and Barclays—aims to create a common language for desktop app interoperability.
FIX Releases Cybersecurity Guidelines
The guidelines recommend authentication methods to use TLS protocols with FIX.
Algomi Expands into Custody Market with BNY, HSBC Deals
After a rocky finish to 2016, the London-headquartered fintech firm appears to have stabilized and is looking to the future.
Nasdaq Phases Out ‘Insecure' ISE FTP Protocols
Nasdaq is recommending that ISE members upgrade to a different form of file transfer protocol to address security concerns.