Laying the Cornerstone for Cross-Asset Trading

DWT: How close are firms to deploying truly cross-asset trading platforms? Are they close to supporting advanced capabilities, such as multi-leg trades?

Steve Grob, Fidessa: Firms have been trading across different asset classes for a number of years now. This process has been accelerated by the consolidation that has taken place between the large primary exchanges, which has had the effect of collapsing different asset classes onto a single platform. For example, NYSE Euronext is in the final

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

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