Reuters and Bloomberg Under Threat From Bank Web Sites, Says Study

VENDOR UPDATE

LONDON--Reuters’ and Bloomberg’s dominant position in the market for the electronic delivery of financial services for foreign exchange is under threat, says a recent study.

As the banks increasingly provide their own e-commerce services on the Internet, investors and corporations are turning to them for the information and services previously only available from the market data vendors, according to the latest research from Clientknowledge.com, a research and analytics consultancy.

"There is

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

Once a blockchain cheerleader, Axoni changes its playbook

The fintech, whose origins can be traced back to the genesis of capital markets’ complicated flirtation with DLT, has largely ditched the tech as the foundation of its data synchronization offering, opting for more familiar territory.

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