Fragmentation
Choose your execution: Traders tout benefits of algos for ETFs
In a space dominated by RFQ protocols, trading desks are exploring hybrid strategies for executing ETF orders.
Competing CTPs won’t work, warn EU firms, calling for single tape provider
As the industry awaits upcoming EC proposals, some firms are voicing concerns that mandating multiple CTPs could create fresh problems around data fragmentation and connectivity costs.
Waters Wrap: Cloud, AI, Interop: The evolutions driving fixed-income progress
Anthony believes these advancements will provide the opening for Big Tech firms to created outsized influence that will change financial technology forever.
New entrants want to feed bond market’s hunger for data
In the absence of a consolidated tape for debt securities in the EU, vendors with different approaches to distributing fixed-income market data are emerging.
EU's AI Regulations Could Lay Blame With CTO
Jo wonders if the EC's approach to regulating AI could adapt existing liability laws—with implications for individuals.
Machine Learning Takes Hold in the Capital Markets: Some Examples
WatersTechnology looks at 16 projects in the capital markets that involve machine learning to show where the industry is heading.
Linedata to Tap Machine Learning for System Fragmentation Monitoring
The company plans to test machine-learning models in the coming months to automatically fix IT system fragmentation.
IHS Markit Boosts Asian Credit Liquidity Measurement with MSCI
The vendor will also expand its proxy pricing into the maturing fixed income markets outside of core regional financial centers.
Buy Side, FISD Begin Industry Push for Alt Data Standards
Alternative data holds great promise as a leading indicator of alpha. But in response to firms struggling with the data science aspects of integrating the data, various industry participants are pursuing new initiatives to make it more accessible,…
Industry Steps Up Calls for European Consolidated Tape
Traders in Europe face rising data acquisition costs and increasing regulatory reporting pressures argue that a pan-European consolidated tape is long overdue.
Wavelength Podcast Episode 162: IEX on the Transaction Fee Pilot
IEX’s John Ramsay joins to talk about the SEC’s proposed Transaction Fee Pilot and why he thinks it should move forward.
SEC’s Redfearn: US-Style Consolidated Tapes Won’t Solve Trading Data Needs
As European market participants bemoan the lack of a consolidated tape, a senior SEC executive debunks the idea that a pan-European tape, similar to the US, will resolve issues around data access and costs.
IT Advances Insufficient to Beat Compliance Challenges
Outsourcing reporting could create technological dependencies that could add to firms’ problems in the future.
Virgin Atlantic's Data Strategy: The Offense Funds the Defense
During his keynote address at EFIS, Virgin Atlantic’s head of data and insight revealed the airline’s approach to data management and innovation.
Waters 25: A Look Back on the Last Two Decades
Waters examines some of the most important events in financial technology of the past 25 years.
State Street Exec: Data Quality Poses Challenges for ESG-Conscious Investors
State Street Global Exchange’s head of research says investors still struggle to measure ESG impact on their portfolios, despite growing demand for ESG insights.
Commissions Slump as Mifid II, Algo Trading Take Bites Out of Brokers
Data shows drop in commission costs as unbundling rules take hold, furthering decline caused by electronic execution.
Industry Criticizes Equivalence Measures in Europe’s Brexit Stance
Experts welcome transitional relief but say equivalence is not an appropriate basis for free-trade agreements.
Fintech Could Demolish Europe’s Capital Markets Union Barriers
Influential lobby group urges European authorities to consider how technology could resolve outstanding issues with its single-market project.
Liquidnet Hires European Tech Chief from Deutsche Bank
Deutsche Bank veteran takes over the newly created job at Liquidnet.