Commodities
OTC FX options market gears up for faster electronification
The share of electronic trading in the market remains low, but a host of factors promise to change that for good.
LME overhauls tech, data stack amid calls for trading floor closure
The London-based commodities exchange has embarked on an ambitious technology and data infrastructure modernization strategy as it takes steps to close its open-outcry floor.
S&P/IHS Markit: OPIS Faces Spin-Off; Cappitech Beefs Up Regtech Frontline
Commonalities between the two firms' commodities pricing units bring them under regulatory scrutiny as they move closer to an acquisition deal. At the same time, it appears that IHS will lean into the regulatory reporting space.
Asia at the Forefront of Innovation—A Look at Tech Projects in the Region
WatersTechnology looks at some of the major projects coming out of Asia that are leading the way for firms around the globe.
Startup Hedge Fund Turns to Quantamental Analysis for ESG Products
Boston-based Changebridge Capital is using a hybrid approach to find investment opportunities in misunderstood small- and mid-cap companies.
Platts Unveils Trade Vision API for Natural Gas Price Submitters
The latest release builds off of lingering automation needs within last year's phase-one Trade Vision database launch.
Citi Readies Price-Shock Detection System
Once the bot is in production, the D10X team will start scaling it beyond the oil trading team to other trading desks.
Slow Road to Consensus: CFTC's Behnam Talks Climate Risk
As CFTC commissioner Rostin Behnam’s report on climate risk to the financial system is published, WatersTechnology speaks to Behnam about data, greenwashing, and gaining support in Washington.
This Week: Northern Trust, HKEX, Digital Asset, SimCorp, and more
A summary of some of the past week’s financial technology news.
Platts Advances API, Data Delivery Strategy for Digitizing Commodities Markets
The company is rolling out two new APIs centered on oil as part of a broader push to bring commodities trading on par with cutting-edge equities markets.
Lazard Asset Management Implements ESG Mapping Tool
The investment manager has developed frameworks to better understand how ESG issues impact individual company performance and sectors.
Ion’s Wrists Slapped in Probe of Broadway Deal
The competition watchdog extends its initial investigation after Ion failed to comply with a call for info.
S&P Global Platts Taps Kensho's AI to Solve Commodities' Big Data Woes
Following initiatives with S&P Global Market Intelligence, Kensho Technologies is tackling new projects for sibling department S&P Global Platts.
Swap Data Proposals Raise Existential Questions
Regulators around the world collect massive amounts of data, but Jo wonders if there’s any point to these efforts if they can’t use it?
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.
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,
People Moves: Refinitiv, State Street, DTCC, Liquidnet & More
A look at some the key "people moves" from last week, including Mike Hill (pictured), who joins Compliance.ai.
Nasdaq's Lessons in Machine Learning Yield New Surveillance Tool
The offering, which took more than a year to build, combines deep, transfer and human-in-the-loop loop learning to find patterns.
After Fidessa Exodus, Some Users Brace For Trouble
WatersTechnology spent three months examining Fidessa to see what has transpired inside the vendor since the Ion acquisition. During a period of great change, a lot of questions—and worry—remain.
Lawyer: Don’t Punish the Programmers
Smart contract developers should not be responsible for violations of regulation perpetrated on the blockchain, says Katten special counsel.
AI’s Next Phase – Thriving Through Implementation
Many in financial services are trialing artificial intelligence (AI) applications, with projects increasingly sophisticated in methodology and ambition. WatersTechnology, in partnership with SmartStream, recently convened a Chatham House-style discussion…
DLT-based Trading Platform Tradewind Looks to Enter the Buy Side
Tradewind is also considering covering assets other than precious metals.
Nasdaq Eyes Blockchain Project for OTC Markets
Technology provider's effort to track the lifecycle of a digital asset moves beyond the proof-of-concept phase.
People Moves: SSGA, GLMX, AcadiaSoft, CAIS, DriveWealth
A look at some of the key "people moves" from the week of Sept. 9 to Sept. 13.