Securities and Exchange Commission (SEC)
Covid Re-Exposed Bond Market’s Liquidity Problems—Is Change Finally Here?
Three fixed-income experts look back on the bond market’s liquidity crisis spurred by the pandemic’s early days, and ponder where regulation and data-quality efforts might next lead the space.
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.
SEC’s Market Data Infrastructure Rule Not Easily Said or Done
The finalized equities market infrastructure reforms will make a difference, but some market participants are calling for additional clarity.
Startup Hedge Fund Turns to Quantamental Analysis for ESG Products
Boston-based Changebridge Capital is using a hybrid approach to find investment opportunities in misunderstood small- and mid-cap companies.
Bloomberg Enlists NLG to Write News Summaries
The data provider is using natural language generation to summarize news articles and write automated stories.
EU Regulators Spill More Ink Tackling Market Data Costs
The latest consultation on the market data obligations under Mifid II looks to provide better, cheaper, and more uniform access to market data. But will it be enough to standardize policies?
People Moves: BNY Mellon, big xyt, Temenos, SEC, Gresham, First Derivatives
A look at some of the key "people moves" from this week, including Fangfang Chen as (pictured), who has been appointed Asia Pacific chair and Asia Pacific head of asset servicing and digital at BNY Mellon.
IEX Makes Expansion Bid as New Limit Order is Approved
The Investors Exchange is now looking to propose a second new order type for NBBO non-mid liquidity.
Bloomberg's FIGI: A Case of Red Light, Green Light
After the route toward accreditation via the ISO petered out, Bloomberg is vying to establish its reference data standard as a system of record in the US, following a win in Brazil.
Covid Could Cause US Regulators to Rethink Surveillance
Not having specific requirements and procedures for firms to refer to ended up putting some funds in a tough place during the pandemic’s early days.
Waters Wrap: The NEX Brand Slowly Disappears (Plus Market Data Fights & AI Integrations)
Anthony looks at what's become of NEX since the CME acquisition, as well as discussions over odd lot reform and S&P's Kensho implementation.
Exchanges, SEC At Odds Over Odd Lots
Industry insiders warn that the regulator’s attempts to modernize equities data by redefining trading lots will fall short of the mark if odd lot orders remain unprotected.
Waters Wrap: The Problem with Big Ideas (and Some Ramblings on Virtual Desktops & Tech's Blurred Lines)
Isda's CDM leaves banks questioning the way forward; the rise of virtual-desktop infrastructures; generic business intelligence tools become more popular.
As June Deadline Looms, Broker-Dealers Begin Reporting to the CAT
As CAT reporting activity picks up, error rates have somewhat surprisingly been well below what was expected in the testing and production environments.
Stevens Institute, Capco Lay Out Commercialization Efforts for New Artificial Exchange
The platform will initially target the HFT crowd, as well those looking to better understand market microstructure in equities.
This Week: MEMX, Sifma, Bloomberg, State Street, Digiterre, Infosys
A summary of some of the past week’s financial technology news.
Despite New Approaches, Industry Still Divided Over Data Licensing
Data licensing agreements remain a source of contention for the industry, as suppliers look to differentiate offerings via disruptive pricing structures.
Start-up Fund Manager Hunts for ‘Joy’ During Pandemic
Infusive Asset Management is blending traditional and alternative datasets to find companies and services that bring “joy” to consumers.
This Week: MEMX, Bloomberg, Finos, BNY Mellon, IHS Markit & More
Highlights from the past week's financial technology news.
SEC, Exchanges Clash Over Revised Consolidated Tape Plans
US equity exchanges have pushed back aggressively against an SEC order directing them to submit a revised plan for operating the consolidated tapes of US equities quote and trade data.
Amid Public Market Volatility, Emerging Technologies Boost Investor Confidence in Private Markets
As the private markets grow, so does investor appetite for them, particularly as public markets hurt. Emerging technologies are helping.
This Week: ICE, Nasdaq/R3, BMLL/OpenFin, DASH
A summary of some of the past week’s financial technology news.
SEC Issues Another CAT Reprieve as Monday’s Milestone Passes Quietly
While the CAT is now live, few—if any—are reporting. Additionally, there are still concerns among large broker-dealers about the CAT Reporter Agreement.
This Week: SEC, SS&C, TRG Screen, Refinitiv, Rimes
A summary of some of the past week’s financial technology news.