Trading technology
Crypto exchange EDX takes its tech into its own hands
The crypto exchange and clearinghouse, founded in 2022 by industry heavyweights, has built out its technology to meet the needs of the institutional market. In the process, it has learned important lessons about partnering with vendors, building in-house, and, ultimately, control.
How exactly does a private-share trading platform work?
As companies stay private for longer, new trading platforms are looking to cash in by helping investors cash out.
Waters Wavelength Ep. 309: FIA Boca
This week, Tony and Nyela discuss Nyela's week spent in Boca Raton, Florida, covering the FIA Boca conference as well as the current developments around 24/7 trading in US equity markets
Is overnight equities trading a fad or the future?
Competition is heating up in US equity markets as more venues look to provide trading from twilight to dawn. But overnight trading has skeptics, and there are technical considerations to address.
IEX, MEMX spar over new exchange’s now-approved infrastructure model
As more exchanges look to operate around-the-clock venues, the disagreement has put the practices of market tech infrastructure providers under a microscope.
Pre- and post-trade TCA: Why does it matter?
How CP+ powers TCA to deliver real-time insights and improve trade performance in complex markets.
As NYSE moves toward overnight trading, can one ATS keep its lead?
An innovative approach to market data has helped Blue Ocean ATS become a back-end success story. But now it must contend with industry giants angling to take a piece of its pie.
An asset manager’s guide to choosing a managed services provider: Seven key criteria in selecting a provider
Managing IT infrastructure can take valuable time away from your core business. For asset managers, keeping up with technology, security and compliance is a constant challenge. That is why many are turning to managed services providers.
Northern Trust adds fixed-income capabilities for outsourced trading in Asia-Pacific
The custodian bank now offers 24/6 fixed-income trading coverage with desks in Chicago, London, and Sydney.
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.
CP+ unveiled: Accurate, real-time pricing for global credit and rates markets
Bond markets lack transparency, making it difficult for investors to value bonds and compare prices. This can lead to overpaying or missed opportunities.
Market and reference data management: Challenges abound
The findings in this paper illustrate just how much firms can improve managing and optimizing market and reference data spend and usage.
Adaptive’s Aeron goes live on Microsoft Azure Marketplace
The messaging software used for building bespoke trading platforms is now available on Microsoft’s marketplace, making it accessible through major cloud providers.
Connecting the office: Breaking down technology silos to optimize investment operations
Many asset and wealth management firms have grown their operational platforms organically, acquiring specialized systems over time to suit specific needs, resulting in a proliferation of disparate, fragmented applications.
Nasdaq reshuffles tech divisions post-Adenza
Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.
After contentious Opra upgrades, vendors brace for a faster future
Upgrades to the datafeed widely used to gauge the current market price for options contracts went into effect in February after three separate delays, which market participants say were caused by persistent bandwidth issues at some important recipients.
The IMD Wrap: No more turf wars, or why CDOs should heed the Voice of the CTO
Max reviews how our recent Voice of the CTO series has implications for those beyond a firm’s technology function, and how communication and collaboration between tech, data, and leadership will deliver better results.
The power of three: How technology, service and expertise can transform investment operations
Investment and wealth managers are investing more in technology these days, but not necessarily with an optimal strategy that reaps expected efficiency gains and cost reductions. Technology alone only gets you so far.
Driving strategic transformation of investment operations
Managing operations as a seamless, front-to-back process is difficult, if not impossible, when a firm has disparate platforms for each of the functions that make up the investment process—often with different technologies that do not easily interoperate.
Real-time and historical market data: Priorities, preferences and the cloud
This paper focuses on firms’ current market data priorities, the asset classes and geographies they are looking to focus on in the near future, and the benefits they expect moving their historical market data storage and consumption to the cloud
Finding the investment management ‘one analytics view’
This paper outlines the benefits accruing to buy-side practitioners on the back of generating a single analytics view of their risk and performance metrics across funds, regions and asset classes.