Price
Regulators, startups eye transparency efforts for private companies
When it comes to private companies, data transparency still lags its public market equivalents, and a lack of data quality and availability is a barrier to increased investor participation. But an alliance between a startup and niche brokers is aiming to…
2021 saw market data’s quiet revolution
This year, the SEC pulled the trigger on competing consolidated tapes and a new market data governance plan. In 2022, we will know if some of it can go ahead, or remain stymied by legal battles.
Cloud promises cost savings, but users still overspend
Cloud overspending and overprovisioning is a pervasive problem as cloud usage is poised to grow in 2022.
Fee filings cloud hopes for cheaper NMS data
Aspirant ‘competing consolidators’ were hoping for a lot more leeway than they got in an important fee filing, Jo says. By Jo Wright
Six partners with BMLL for best execution analysis
The Swiss exchange is using the vendor's data and analytics to provide insight to brokers around Swiss EBBO liquidity.
Murky road ahead for consolidated tape plan administrator in the US
The business unit of the new equities data plan could revolutionize pricing and accessibility in the public feeds of NMS data, say hopefuls to the role, but litigation and lack of clarity obscure the path forward.
Charles River, Wave Labs team up for enhanced OEMS
The strategic partnership will involve a three-part integration including system connectivity, combined visualization and the creation of client feedback loops.
UBS AM builds model for quantifying greening of heavy industry
The asset manager's quant research arm, QED, has published a framework for valuing companies in industries like cement or steel that transition to more sustainable tech.
Deep XVAs and the promise of super-fast pricing
Intelligent robots can value complex derivatives in minutes rather than hours
Nordea: Licensing changes could make RPA too expensive
The Nordic bank is looking for ways to mitigate costs as software vendors define new policy categories to capture robotic workers.
Esma to ink deal for big data capabilities
The regulator is ditching its legacy architecture to cope with massive volumes of reported data and new supervisory responsibilities.
Inside RBC’s Aiden project: 5 years of deep learning
Aiden, a trading platform launched last year, is the product of five years of experimentation with deep learning by RBC Capital Markets on top of an additional five years of hypothesizing about what best execution would one day require.
Standard Chartered, Bloomberg develop electronic workflow for Korean Treasury bonds
The workflow shortens the time it takes for investors to trade KTBs, and can be tweaked to suit other emerging bond markets.
Bloomberg RHub fee hike reflects cost pressures of regulatory reporting industry
Market participants say the price hikes reflect the struggle among regulatory reporting service providers to run sustainable and profitable businesses.
Broker data policies stoke fears of ‘exchange-style’ fees and audits
Interdealer brokers are looking enviously at the way exchanges have been able to grow data revenues, providing a stable stream of profits as other business lines have declined. But following the exchange model has its own challenges.
Back-office automation key to breaking open private markets
Trading in large, privately-held stocks has hitherto been the domain of large private equity investors. A new technology platform aims to make these markets more accessible to broker-dealers by integrating with the back-office processes that firms…
Pictet Asset Management enlists Finsemble to overhaul fixed-income, FX workflows
The Swiss bank’s asset management division has been working with Cosaic for a bit over a year, and has used Finsemble to automate heavy workflows in FX pricing, money market yields, and credit.
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.
Not so Fast: SEC’s SIP Rule Speeds Ahead, But Faces Bumpy Road
Jo is skeptical that the SEC’s finalized market data infrastructure rule will make the public market data feeds faster.
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.
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.
Synechron Develops Differential Privacy Tech to Leverage Internal Data
The solutions are designed to allow firms to query data and build models more effectively without breaching global privacy rules.
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.
Industry Still at Odds Over Use Case for an EU Consolidated Tape
Market participants say they want a high-quality, centralized source of market data for EU equities. But who and what is it actually for?