Trading Tech
Nomura’s Head of Digital Warns of AI’s Predictive Limitations
The investment bank’s deputy chief digital officer says machines cannot predict markets, as the bank consolidates trading operations and builds an AI trading platform for fixed income and FX.
People Moves: SEC, FCA, FDIC, Frankfurt Stock Exchange and Transcend
A look at some of the key people moves from the past week, including major roles at regulators.
This Week: Refinitiv; Broadway; BMO/Clearpool; Skytra/Nasdaq & More
Catch up on some of the past week's financial technology news.
SteelEye to Monitor Social Media for Trade Reconstruction
Compliance vendor says upcoming automatic trade reconstruction will slash processing times and allow users to monitor news feeds to detect insider trading.
Wavelength Podcast Ep. 179: Deepfakes and the Capital Markets
Josephine joins to discuss her feature on deepfakes.
EU Consolidated Tape: Support Wanes With Lack of Answers
With regulators slow to answer industry questions relating to how a CT should be built and what it's for, development has slowed.
Colt Cuts Japan–Hong Kong Latency to Sub-41ms
Beyond new latency reductions between Tokyo and Hong Kong, Colt will continue to optimize its routes and expand its network coverage.
MEMX Builds Out Infrastructure as it Waits on Regulatory Approval
The exchange’s CEO and COO discuss its matching engine, Intel partnership, cloud strategy and plans for the future.
Euroclear to Roll Out Fixed Income Data Services
The post-trade firm and custodian will launch new data services for fixed income liquidity and APIs for its reference data offerings.
GLMX Looks to Sec Lending and Swaps for Electronification
The platform provider is looking at opportunities in securities lending and swaps, as it pursues expansion in Europe.
This Week: Charles River, Broadridge/IBM, Dash, TT, GAM/SimCorp
A summary of some of the past week’s financial technology news.
Proliferation of Fake Information: Deepfakes & the Capital Markets
As the spread of false information online threatens our view of the world, Josephine Gallagher examines how this phenomenon has evolved with technology.
Oracle Leverages Deep Learning To Detect Financial Crime
Oracle is using deep learning to find matching patterns for graph analytics within its compliance platform.
Brown Brothers Harriman To 'Transform' Its Fund Accounting Service by 2021
The bank is in the throes of a hefty transformation project within its Investor Services division, which began with machine-learning efforts last year.
Cboe Plans Comeback in Crypto Markets
The US exchange is again planning to offer crypto derivatives, while after previous attempts to gain regulatory approval to list crypto ETFs were thwarted.
Wavelength Podcast Ep. 178: MEMX’s CEO & COO
Jonathan Kellner and Tom Fay join to discuss the Members Exchange.
APIs: Frontier of a New Threat
APIs are becoming more important as firms digitize and adopt microservices architectures, but they come with unique security threats. By Joanna Wright
Nasdaq Updates Surveillance Offering to Build Trader Profiles to Catch Spoofing
The company is combining different data sources to help users spot market abuse and manipulation.
This Week: SimCorp, Nasdaq, FactSet/Snowflake, IBM
A summary of some of the past week's financial technology news.
FIS Acquires Virtus to Expand Managed Services in Credit Space
FIS is looking to integrate Virtus technology platforms into its back-office solutions.
Isda Wants Regulators to use its Model to Draft Rules
The trade association is looking to offer its Common Domain Model to rulemakers.
SEC Democratic Commissioner Slams CAT Delays
Robert Jackson dissented from a new proposed order to modernize exchange data.