Derivatives
Bank-backed futures utility criticized as too ambitious
Osttra’s Joanna Davies is urging industry leaders to look for “quick wins”.
People Moves: Canoe Intelligence, Transcend, Clear Street, Gresham Technologies, and more
A look at some of the key "people moves" from this week, including Vishal Saxena (pictured), who joins Canoe Intelligence as chief technology officer.
Ion expands into OTC markets with Clarus deal
With the deal, the tech titan adds real-time swaps margin analytics to its post-trade services for listed derivatives.
This Week: CME/IHS Markit, Bloomberg, OpenExchange, Equinix, and more
A summary of some of the past week’s financial technology news.
IM phases five and six collide as buy side delays readiness
More than 1,000 segregated accounts for uncleared margin may still need to be opened post-deadline.
This Week: Azentio, TriOptima, Equinix, TNS, and more
A summary of some of the past week’s financial technology news.
This Week: SmartStream, DTCC, Ion, State Street, and more
A summary of some of the past week’s financial technology news.
T+1—A Step in the Right Direction
Next-day or T+1 settlement of fixed income trades might seem a pipe dream, but there are few insurmountable operational or technology reasons why such a move cannot happen. As is invariably the case with the capital markets, the regulators hold the key,…
Capitolis to acquire LMRKTS
Deal for multilateral compression provider latest in wave of post-trade tie-ups, as SA-CCR bites
Show your workings: Lenders push to demystify AI models
Machine learning could help with loan decisions—but only if banks can explain how it works. And that’s not easy.
Holding Pattern: As Trading Technologies awaits new owner, the vendor adjusts development strategy
The Chicago-based futures trading platform recently rolled out a new OMS offering, while other projects, like its Echo Chamber market data platform, have been put on pause until a sale goes through.
This Week: FactSet, Six, Nordic Capital, State Street, SmartStream, and more
A summary of some of the past week’s financial technology news.
Waters Wrap: Broadway Technology, Symphony, and new beginnings (And other new CEOs)
Anthony takes a look at some major CEO changes from the last year, and what those moves might mean for clients of those vendors.
Deep XVAs and the promise of super-fast pricing
Intelligent robots can value complex derivatives in minutes rather than hours
This Week: Symphony, Digital Asset/Nasdaq, State Street, Finos & more
A summary of some of the past week's financial technology news.
EC drafting proposal for derivatives consolidated tape
Commission official says beta version ready for testing in 2023 will also include equities, bonds and ETFs
Broadway Technology 2.0: Post-Ion split, the vendor reimagines its future
Broadway will look to build out its fixed income trading workflows, grow its as-a-service offering, lean into the low-code movement, while considering new asset classes to expand into—all while once again competing with Ion.
This Week: BlackRock/Cassini Systems, Standard Chartered, and more
A summary of some of the past week's financial technology news.
Four years of academic study on HFT yields complicated results
A transatlantic group of researchers has examined a treasure trove of market data to see whether or not high-frequency trading is a necessary component of today’s market structure. The answer is largely ‘yes,’ but with caveats.
One step closer: How exchanges are seeking tighter relationships with clients
Increasingly, exchanges are trying to get closer to their customers, in a bid to better understand how they use market data. This move may come at the expense of data vendors that are being gradually squeezed out of the exchange-client relationship.
People Moves: Rimes, LCH, LSEG, ACA
A look at some of the key people moves from the past week, including Brad Hunt (pictured), who joins Rimes Technologies as its new CEO.
In fake data, quants see a fix for backtesting
Traditionally quants have learnt to pick data apart. Soon they might spend more time making it up
People Moves: BNY Mellon, State Street, Citadel Securities and more
A look at some of the key people moves from this week, including Laide Majiyagbe (pictured), who has been appointed head of financing and liquidity at BNY Mellon Markets.
This Week: Bloomberg, Ice, DTCC, & More
A summary of some of the past week's financial technology news.