Emerging Technologies
Ion Forced to Split Broadway, Keeping FX
The remedy will satisfy the UK competition watchdog—but “a big defeat” for the acquisitive tech giant.
Waters Wrap: The NEX Brand Slowly Disappears (Plus Market Data Fights & AI Integrations)
Anthony looks at what's become of NEX since the CME acquisition, as well as discussions over odd lot reform and S&P's Kensho implementation.
NERD Alert: S&P Taps Kensho to Add IDs, Data Links to Mentions in Historical Transcripts
The move marks the start of plans to expand the distribution of Kensho's entity and individual recognition and tagging system.
Bloomberg Adds New NLP Capabilities to TOMS
The tool allows traders to search their own data to find trade information specific to them.
Exchanges, SEC At Odds Over Odd Lots
Industry insiders warn that the regulator’s attempts to modernize equities data by redefining trading lots will fall short of the mark if odd lot orders remain unprotected.
ActiveViam Embraces Python for its In-Memory Database
The vendor is building off its April release of an enrichment tool for Python notebooks.
People Moves: BME, Qontigo, OTC Link, Finastra
A look at some of the key "people moves" from this week, including Jos Dijsselhof (pictured) who has been appointed chairman at BME.
Sterling TT Improves Trading Display for Work-From-Home Traders
Sterling has improved the way data is displayed in its platform, to account for traders needing to display the same content and graphics on fewer and smaller screens.
Waters Wrap: Exchanges Look to the Cloud (And More on ESG, M&A, and Vaccine Tracking Data)
As exchanges partner with cloud providers to move more functions to the cloud, Anthony wonders if these partnerships could become competitive in the future.
Wavelength Podcast Ep. 206: Liquidnet's Simon Maughan
Simon joins to discuss some of the challenges that buy-side firms are facing in today's trading environment.
After Acquisitions, Broadridge Looks to Expand Continental Europe Fund Comms Business
The financial services firm aims to branch out beyond the UK and Ireland with its fund communication solutions business.
Platts Advances API, Data Delivery Strategy for Digitizing Commodities Markets
The company is rolling out two new APIs centered on oil as part of a broader push to bring commodities trading on par with cutting-edge equities markets.
Causality Link Building Next-Gen ESG Dashboard
The research provider will release a dashboard that decouples and drills down into the E, S, and G factors of ESG.
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.
Confluence Completes StatPro Integration, With Cloud Push on Horizon
The combined entity is pushing toward becoming a fully cloud-native, cloud-enabled platform.
Bloomberg to Build Out ESG Indices Offering
The data giant is looking to seize on growing ESG demand in the APAC region.
NovaSparks Gets New Backer in MBO Deal, Eyes Options Data & FPGA Trading Capabilities
With the support of new majority owner Peninsular Capital, NovaSparks plans initiatives to expand the use cases for its FPGA market data technologies into the trading and risk sectors.
People Moves: Eventus Systems, Hudson Fintech, Cutter Associates, Beeks & More
A look at some of the key "people moves" from the past week, including Veronica Augustsson (pictured) who has joined Doconomy's board.
Waters Wrap: What’s This ‘ESG’ You Speak Of? (And Thoughts on Cybersec & Cloud Delivery)
As ESG becomes more popular, Tony believes that a great decoupling needs to happen.
Wavelength Podcast Ep. 205: Just Talkin'
This one is more of a therapy session for Wei-Shen and Tony. No tech on this one, folks.
This Week: Bloomberg, Isda, Wolters Kluwer, Refinitiv, Aquis, DTCC, and more
A summary of some of the past week's financial technology news.
London Support HQ to Serve as ‘Beachhead’ for 3Forge Expansion
The support center will allow the vendor to better support key client locations as it looks to expand further into new markets around the world.
BSO to Launch Millimeter Wave Connectivity In Toronto
The vendor is growing its millimeter wave services after its 2018 acquisition of Apsara Networks.
People Moves: IHS Markit, REGIS-TR, SimCorp, AlgoDynamix, MetricStream, Enterprai, BTIG
A look at some of the key "people moves" from this week, including Igor Kaplun (pictured) who has been appointed executive director of MarkitSERV’s Integrated reporting business