Broker
GLMX Looks to Sec Lending and Swaps for Electronification
The platform provider is looking at opportunities in securities lending and swaps, as it pursues expansion in Europe.
People Moves: LSEG, BNY Mellon, Matthew Nelson, Jennifer Grancio and LiquidityBook
A look at some of the key 'people moves' from last week, including Arne Staal's move to LSEG and BNY Mellon's new global FX COO, Paresh Shah.
California's New Privacy Rule Will Impact Financial Institutions
The CCPA came into force on Jan 1, and while it exempts some consumer data from its scope, firms that have business data on state residents will be pulled in.
Biofuels Broker SCB Eyes More Data Partnerships in 2020
After setting up a dedicated market data function last year, the broker plans to enlist more vendors to increase distribution of its data,
SEC Democratic Commissioner Slams CAT Delays
Robert Jackson dissented from a new proposed order to modernize exchange data.
This Week: Fidelity Digital Asset, State Street, HSBC, Instinet, INTL FCStone, Quantopian
A summary of some of the past week’s financial technology news.
Wavelength Podcast Ep. 175: Tradeweb's Billy Hult
Duncan Wood interviews Tradeweb's Billy Hult about the changing trading landscape.
The Rise of the Algo Wheel
An examination as to how the buy side is embracing algo wheels and where the challenges still remain.
NatWest Rolls Out Personalized Trader-Dealer Chat Bot
The digital assistant is built on Symphony’s open-source technology and integrates with existing trader-dealer workflows.
Brokers Tackle Pro v. Non-Pro Data Cost & Compliance Challenges
Max Bowie digs deep into how firms are making sure they classify data consumers correctly to avoid paying unnecessary fees.
People Moves: Calastone, MarketAxess, Lime, Azul Systems
A look at the some of the week's key people moves, including Steve Wilcockson (pictured), who joins Azul Systems.
SEC, FIF Seek End to Rule 606 Compliance Confusion
At an SEC meeting Thursday, September 12, the regulator and association attempted to clarify the correct interpretations of guidance surrounding the new rule.
SEC Cites Broker Systems Complexity in Rule 606 Delay
The delay pushes quarterly reporting requirements and reporting of self-routing activity to Jan. 1, 2020.
Outsourcing Takes to the Front Office
Fee compression and regulations have forced some asset managers to rethink what is core to their business, including the trading desk. Enter the outsourced trading desk.
TP Icap Digs for Data Treasure on Faraway Shores
TP Icap is expanding its coverage of region- and asset class-specific data.
As Blockchain Projects Sputter, Capital Markets Firms are Having Second Thoughts
WatersTechnology examines some of the disillusionment permeating the capital markets when it comes to blockchain.
Tradition Preps New Data Platform, Hires Broker Data Vet McGuigan
After putting new management in place for its data unit over the past year, the broker is targeting further growth from data sales.
Regulators Need to Get More Involved for Wider Institutional Crypto Adoption
Caspian's Chris Jenkins says the crypto space is still struggling to attract institutional clients, who want greater regulatory guidance.
Microsoft Sees Trade Finance, Bond Issuance as Ripe for Blockchain Growth
Marc Mercuri of Microsoft explains where the tech giant sees room for blockchain solutions in the future.
Citco Integrates Blacklight for Treasury Management
S3 Partners' Blacklight will be integrated into Citco's Æxeo Treasury platform.
Wavelength Episode 163: Tony Amicangioli on Cloud, Race to Zero
The founder and CEO of HPR joins the podcast to talk about lessons learned and where the industry is heading.
'Next Act: A Profile of Euronext's Alain Courbebaisse
The last decade has seen Euronext chewed up and spun out following a series of mergers & acquisitions. Once again independent, Courbebaisse is writing the exchange’s IT roadmap.
INTL FCStone Mulls Outsourced Trading Offering
The company also launched its new prime brokerage division aimed at small to mid-sized funds.
TP Icap Nabs Ex-Nex Exec as Data CTO
London-based Anderson will be responsible for overseeing construction of a pipeline of new data and analytics products.