Articles by Theo Normanton
Terminal velocity: MarketAxess bets on algo trading as electronification of fixed income gathers speed
MarketAxess hopes to bring fresh ideas from other asset classes with acquisition of multi-asset algorithm provider Pragma.
Underwhelming sales dominate Broadridge earnings call
The company’s Q4 call also hinted at developments in its use of AI in fixed income markets.
What’s the market for Ion Markets?
With whispers swirling that Ion’s chief executive is looking to cash out on his tech conglomerate, big changes could be coming to the world of fixed-income software.
Gleif hopes to entice LEI laggards with new digital identifier
The vLEI has ambitions to become the backbone of digital trust.
MarketAxess looks to proprietary data and automation with new offerings
The fixed-income trading provider’s Adaptive Auto-X automation tool and new data offerings were a bright spot amid lackluster Q2 earnings.
Nasdaq’s Friedman hints at plans for Adenza post-acquisition
During Nasdaq’s earnings call, Adena Friedman explained to skeptical investors why the deal makes sense for the exchange operator.
Automation in fixed income: Sorting the bluster from the bleeding edge
Automation is gaining traction in fixed-income markets, but use cases are limited and progress is slow. Market participants must overcome some uniquely human problems before they fully embrace the machine.
Is the equities tape slipping through Europe’s fingers?
The EU has finally reached a compromise on a consolidated tape. But Theo wonders if it is too little, too late.
Nasdaq–Adenza: A look at the tech
The exchange operator announced its intention to acquire the software firm, which combines AxiomSL and Calypso, in a deal that amounts to its largest acquisition to date.
SFDR: A data project that’s becoming ‘a real headache’
SFDR mandates that asset managers must start publishing ESG data in a few weeks, but sourcing the new metrics has proved challenging, and a host of questions remain.
EU lawmakers struggle to find common ground on equities CT
The debate over a consolidated tape for European equities heated up when a second contender for the role of provider emerged during the EU’s trilogue process. But as the bloc’s three legislative bodies try to reach a compromise, commercial interests are…
French regulator turns up the heat with spot checks on market data providers
The AMF’s move has left industry observers wondering if this will lead other regulators in Europe to follow suit.
Waters Wavelength Podcast: Episode 264 (The London invasion)
Wei-Shen, Reb and Nyela invade London for a week!
This Week: Octaura, Fix/ISO, Delta Capita/Montis, and more
A summary of the latest financial technology news.
Regulation Best Ex: Investors’ ‘new bestie’ or just extra hassle?
The SEC's proposed best execution regulation has ruffled some feathers. With a host of key details still to be resolved, industry experts say the rule in its current form could represent a big change in the way orders are handled.
This Week: Bloomberg-Azure, Ice Data Services, Burton-Taylor, 7Ridge, and more
A summary of the latest financial technology news.
This Week: Competition ramps up for EU equities tape, Tradeweb-Euroclear-IGM partnership, Nasdaq, and more
A summary of the latest financial technology news.
This Week: Tradeweb, LTX/AWS, Bloomberg and more
A summary of the latest financial technology news.
Hurry up and wait: EU debates potential models for ‘essential’ consolidated tape
As the legislative debate surrounding a future European consolidated tape for equities takes on increased urgency, market participants and interested parties are beginning to weigh in with their visions of a successful tape.
This Week: Esma, Crossover Markets, SteelEye and more
A summary of the latest financial technology news.
This Week: MSCI/Alveo; Ice/Rozetta; market data pricing & more
A summary of the latest financial technology news.
Index fees fatigue: Regulators, startups move in on the big 3 providers’ $5 billion business
Users of index data often complain about the fees they have to fork out, particularly to the likes of S&P, FTSE Russell, and MSCI. WatersTechnology examines the state of the industry and what will disrupt the status quo.
This Week: Opensee/Kepler Cheuvreux, Duco, Eurex/Trading Technologies & more.
A summary of the latest financial technology news.
This Week: Finos, Cboe Global Markets, Aiviq/Alliance Bernstein & more
A summary of the latest financial technology news.