Waters Wrap: Dash Financial gets nabbed by Ion (And monetizing data)

Ion Group has acquired Dash Financial. Whether or not this ends up being a good marriage will come down to the people making the tech platforms, Anthony says.

Let the consolidation continue. Not only did WatersTechnology break the news (pats self on the back) that Ion Group is acquiring Dash Financial (which I’ll write about in just a bit), but buy-side-analytics specialists MackeyRMS and InsiderScore have merged, and Tradeweb bought eSpeed from Nasdaq.

It will all depend on how efficiently the nations of the world get the pandemic under control in 2021 (please let it be 2021), but as jabs go into arms, hopefully, some semblance of normalcy 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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