This Week: DTCC shelves Investor Kinetics; LTX’s BondGPT; Citi HK settlement; and more

A summary of the latest financial technology news.

DTCC shelves Investor Kinetics data service amid information leakage concerns

The Depository Trust & Clearing Corp says it will indefinitely suspend its Investor Kinetics data service from July 31 in response to “ongoing client and industry concerns” about the service.

Investor Kinetics, part of a suite of “Kinetics”-branded data services, provides current and historical time-series trade data on institutional matched trades, such as volume, Vwap, number of trades, number of unique investment

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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