Liquidity
Coronavirus Crisis Highlights Need for More Informed Risk Calculations
Calculating risk sensitivities—the main point of FRTB—took on new importance as the markets dropped amid the Covid-19 global pandemic.
BondCliQ 9 Dealers Away From Operating Full-Scale SIP for Bonds
Tier-1 corporate bond dealers are still holding out from contributing their quote and pricing data to the two-year-old platform.
This Week: Charles River, Broadridge/IBM, Dash, TT, GAM/SimCorp
A summary of some of the past week’s financial technology news.
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.
AI and Cloud Remove Barriers to Entry for Real-Time Intraday Liquidity
As increased regulatory reporting obligations add to the pressure financial institutions are under to manage intraday liquidity, centralizing siloed legacy systems into a single automated solution can offer an enterprise-wide, real-time view of liquidity…
SmartStream Goes to Market With Fresh Air
Sibos 2019 was a significant event for SmartStream Technologies, marking the official launch of SmartStream Air, the firm’s cloud-native, AI-enabled reconciliations platform that is set to shake up the reconciliations industry. Victor Anderson caught up…
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.
Liquidnet Targets Long-Term Investors with New Business Unit
The new business unit will unify Liquidnet's last three acquisitions: Prattle, RSRCHXchange, and OTAS.
Consolidated Tape Will Not Make Data Cheaper
Market data consumers will still have to buy feeds from the providers, says FIX co-chair.
NYSE President Sees Tech as Key to Big Board's Next Evolution
A look at the massive tech projects (and legal battles) underway at the NYSE, which are being led by Stacey Cunningham.
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.
Goldman Sachs Exec: Markets Still Too Complex for AI Trading
Humans, and not robots, will still be required for the foreseeable future, say trading vets.
ParFX Plans Push into Derivatives
The trading platform has snapped up a MIC code as it ponders whether the growing market segment needs a ParFX model.
Crypto at the Crossroads as Exchanges Weigh Traditional Market Structures
Questions of price discovery and centralized infrastructure point to an asset class that may have to lose its rebellious luster to become more widely accepted.
MarketAxess' Dutch Approval Gives Greenlight for EU Expansion
The firm will be authorized to operate its trading and reporting businesses from the Netherlands post-Brexit, enabling it to expand its footprint in the European markets.
CLS Sees Growing Buy-Side Demand for FX Settlement Risk Solutions
Buy-side participants are now more aware of the risks associated with FX settlement, and are getting more involved in managing them.
Fundamental Interactions Launches Auto-Hedging Tool for New Exchanges
Automated hedging service aims to jump-start liquidity at start-up venues, using proprietary mechanics to minimize slippage and boost profitability.
Crypto Markets Turn Traditional for Tools of the Trade
As interest in cryptocurrency trading refuses to wither, despite a bearish year, traders are increasingly calling for institutional-grade tooling from traditional markets to further develop the asset class.
New Big XYT Data Shows Appetite for Equity Spreads
Big XYT's new website, 250days.com, provides user-driven trade data analytics on European market dynamics over the past year.
GMEX Adds Digital Custody and Vault Capabilities
The company's CEO says central security depositories are well-placed to offer new digital services in tandem with current traditional services.
Tradeweb, Bloomberg Gain Dutch Approval Ahead of Brexit
The green light will enable the firms to continue serving their EU27 clients following Brexit.
Challenging US Exchanges Will be Uphill Battle for MEMX, Experts Warn
An industry initiative to start a new US exchange promises much, but it may struggle to deliver without a clearer purpose.