Exchanges & Trading Venues
Waters Wavelength Podcast: Generative AI: The philosophical considerations
Steve Rubinow joins the podcast to discuss artificial intelligence and the hype cycle of generative AI.
How exchanges are becoming more than just marketplaces
Wei-Shen examines how exchanges are branching out and pursuing new ventures that could bring them fresh revenue streams.
Shall we compare thee to a multilateral trading venue?
As regulators confirm that perimeter guidance applies to tech firms, the focus shifts to enforcement.
TMX, CanDeal strike deal for Canadian benchmark transition
Canada is one of many countries moving away from opinion-based benchmarks like Libor in favor of alternatives based on observable trade data. TMX and CanDeal are working to deliver a new rate which will take over as Canada’s official loan benchmark next…
Data projects underpin Cboe’s growth strategy
APAC expansion and strong indices performance are stepping stones in the Chicago-based exchange’s development.
ICE: LLMs drove 60% increase in ICE Chat trades
The exchange revealed it has been working with LLMs for a decade to drive automation around its messaging platform. Now, it’s looking for more uses across all asset classes.
LSEG to step up AI and Fabric development, preps Eikon sunset
With Acadia integration now complete, exchange group signals next steps in its Microsoft tie-up and announces launch of new FX matching platform later this year
CME-Google cloud partnership already yielding new data analytics
CME is spending a small fortune to migrate its technology to Google’s cloud, betting on the cloud’s ability to return a large fortune from development of new data products and services.
Deutsche Börse ‘cannot afford’ to miss out on generative AI; SimCorp deal on schedule
The exchange group wants to be at the forefront of the emerging technology field and has extended its partnership with Google into AI.
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.
LSEG, Symphony vie to build a ‘LinkedIn’ for capital markets
Six months on from its Microsoft tie-up, LSEG is optimistic about creating a trusted directory for the financial services industry. But it has competition.
Integrating Pillars 1, 2 and 3: A better way to Basel IV
This Wolters Kluwer report provides actionable insights on how banks can navigate the challenges of Basel IV effectively
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.
What does it take to put a database in the cloud?
There are several ways to migrate an old legacy system to the cloud, but there's always a trade-off.
A fully cloud-hosted exchange is coming—but for now, one piece at a time
Execs from Google, LSEG and NYSE discuss how exchanges are beginning to leverage the true potential of the cloud.
Deutsche Börse seeks seat at tech leader table with SimCorp buy
With exchanges such as Cboe, Nasdaq, LSEG, and ICE leading the pack of exchanges that double as technology companies, the German exchange is playing catch up with its proposed offer for buy-side tech vendor SimCorp.
Ice exec rejects cloud for critical infrastructure
FIA Boca 2023: SVP Bland “can’t imagine” outsourcing critical infrastructure; DRW’s Wilson warns of concentration risk
High-frequency flap over CME’s Aurora data center
Exchange group’s migration to Google’s cloud could render HFT networks redundant
One-fifth of CME clearing members hit by Ion hack
Advisory committee heard CFTC believed it could “play a more direct role” in cyber security practices
Data analytics dominate M&A agenda for exchanges in 2022
While there weren’t many headline-grabbing acquisitions in 2022, the year contained a handful of deals that point to expanding trends in the exchange technology industry.
In 2022, cloud shows true potential to displace legacy data platforms
Once wary of the cloud, financial firms, their suppliers and the marketplaces where they trade are openly embracing it. And there are more signs of big tech firms accelerating buy-in by literally buying in to clients’ migration projects.
LSEG bolsters non-cleared ambitions with Acadia deal
The exchange group plans to build ‘a clearing house for the non-cleared world’, says LCH CEO Maguire.
Waters Wrap: Big Tech, exchanges and a rapidly evolving market
Following LSEG’s partnership with Microsoft, Anthony talks with some industry participants to explore what this might mean for exchange tech going forward.
Ice builds out low-latency trading connectivity in Asia
The enhancements will be completed by the first half of 2023.