Fixed income
Ion Forced to Split Broadway, Keeping FX
The remedy will satisfy the UK competition watchdog—but “a big defeat” for the acquisitive tech giant.
This Week: IHS Markit, Vela, Euronext, ASX, Essentia & More
A summary of some of the past week’s financial technology news.
OneMarketData Advances on Cloud Migration and Extends Asset Class Coverage
The vendor will roll out new coverage across OTC derivatives, fixed income, and FX in the third and fourth quarters.
MayStreet Ramps Up Fixed Income Data in Major 12-Month Expansion Plan
After acquiring a raft of US Treasuries market data, the vendor plans to round out its fixed income coverage, then turn its attention to other asset classes over the coming year.
Multicast: The ‘Holy Grail’ for Getting Exchanges to the Cloud
Cloud providers are hunting for a way to bring multicasting to the cloud for low-latency market data distribution, unlocking the gateway for traditional exchanges to shift core infrastructure to the cloud without negatively impacting high-speed trading.
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.
Investors Turn to Raw Data Over Ratings in ESG Alpha Hunt
Quants are using data on product returns and employee welfare to pick winners.
MarketAxess Looks to Give Dealers Additional Axe Control
The tool allows dealers to stream axes to clients with customizable control over visibility.
Buy-side Firms Reject EMS Brokerage Charges
Some users favor a licence fee over per-trade charging—and have forced vendors to make the switch.
UK Watchdog Has Competition Concerns Over Ion-Broadway Deal
The trading tech giant has five days to address issues, or face a months-long investigation.
This Week: HKEX, ICE, Clearstream, Broadridge, IHS Markit and more
A summary of some of the past week’s financial technology news.
Tora Adds Fixed Income to Trading Platform
The new capability will make the provider's offering a multi-asset trading platform.
MayStreet Gets $21M Funding to Support Cost of Data Expansion
The vendor will use the funding to expand its data collection activities worldwide and hire resources to staff the effort.
Scrutiny and Frictions Follow EMS Vendors into Fixed Income
Aggregators are facing resistance from venues and attracting the attention of regulators.
JP Morgan AM to Add Chinese, Japanese to Proprietary NLP Tool
The asset manager could one day make its Textual Analytics tool, which reads millions of documents to derive insights, available to the market at large.
Eventus Systems Uses $10.5m Funding to Advance AI, Double Workforce
The trade surveillance technology provider plans to expand over the next 12 months.
This Week: S&P Global/Intapp/DealCloud; Rimes; Stifel/Nasdaq & More
A summary of some of the past week's financial technology news.
NatWest Markets to Expand Chatbot for IRS Trade Execution
The investment bank is upgrading its chatbot in response to user demand for more capabilities.
NatWest Markets Restarts Rollout of Axe Data Add-In After Covid-19 Disruption
The bank has partnered with ipushpull to develop an Excel bolt-on for clients with axe data who do not have access to Symphony.
This Week: ICE, Nasdaq/R3, BMLL/OpenFin, DASH
A summary of some of the past week’s financial technology news.
Calculating Fair Valuations for Securities—The Underlying Complexities of Trading Fixed Income
While some things have changed significantly over the past two decades across the capital markets, others have ostensibly remained the same. But, when it comes to the world of fixed income, where the investable universe is appreciably larger—in the…
Four Asset Managers Explain How They Incorporate ESG Data
Execs From UBS AM, Lazard AM, DWS, and East Capital look at incorporating ESG data into their investment practices for more holistic views of risk and opportunity.
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.
Morningstar Wades Further into ESG Space with Sustainalytics Acquisition
The ESG data space has seen a fair amount of M&A activity in recent years, and that is likely to continue, sources say.