TSE Preps Revamped Historical Data

The Tokyo Stock Exchange will launch a new historical data product by year-end that is designed to provide more granular data, enabling firms to more accurately test their algorithmic trading strategies.

The exchange will provide two options based on the Flex datafeed from its high-speed Arrowhead trading system, which it rolled out at the start of this year—Flex Standard Historical, which provides just cash equities data and is priced at ¥95,000 per month, and Flex Full Historical, which will

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‘Feature, not a bug’: Bloomberg makes the case for Figi

Bloomberg created the Figi identifier, but ceded all its rights to the Object Management Group 10 years ago. Here, Bloomberg’s Richard Robinson and Steve Meizanis write to dispel what they believe to be misconceptions about Figi and the FDTA.

Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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