License
JP Morgan fast-tracks market data licensing tools
The bank is developing solutions to help internal teams understand compliant usage and entitlements.
Nordea: Licensing changes could make RPA too expensive
The Nordic bank is looking for ways to mitigate costs as software vendors define new policy categories to capture robotic workers.
One step closer: How exchanges are seeking tighter relationships with clients
Increasingly, exchanges are trying to get closer to their customers, in a bid to better understand how they use market data. This move may come at the expense of data vendors that are being gradually squeezed out of the exchange-client relationship.
Despite client concerns, LSE’s new Sedol fees take hold
Under the new fee policy, some of the largest users of the LSE’s identifier codes could see their Sedol spend more than double, though the exchange says the “vast majority” of clients will see no increase.
Esma: Firms struggled with trade data porting after CME wind-down
The EU regulator had to coordinate efforts with local NCAs to clamp down on failures made by counterparties to meet Emir guidelines for porting data.
This Week: Refinitiv; State Street/BlackRock; SteelEye; SimCorp; FEX Global/TT
A summary of some of the past week’s financial technology news.
Digital Rights Project for Data Usage Faces Legal, Operational Hurdles
Keen to trim the resources they expend on interpreting licenses, investment firms are exploring how they can turn data agreements into machine-readable code. Doing so is fraught with challenges.
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.
Aquis Plans Tech Transformation at NEX Exchange
License to list allows Aquis to challenge established players like LSE as it makes plans to introduce a “hybrid model” for trading.
Investec: For Alternative Data, Learn How to Fail Fast
Investment firms have the upper hand when dealing with expensive data vendors, says Investec’s Nico Smuts.
Cboe Gains Approval for Dutch Base
US exchange group receives regulatory nod for Amsterdam operations, and appoints a new head to run the EU entity.
Startup Fincross to Onboard Clients, Launch Crypto Custody in Q2
Subject to regulatory approval, the newly created digital asset investment bank plans to launch a custody solution in April.
No-Deal Data Pacts Fail to Quell Hard Brexit Fears
UK and EU regulators agree to share data post-Brexit, but trading firms say this doesn’t go far enough.
DTCC Trade Repository Receives Swiss Green Light
The trade reporting provider will have authorization to serve Switzerland's derivatives market.
Established Exchanges Eye Crypto Swaps, Futures
ErisX will be launching a derivatives exchange and clearing organization, while trueDigital is releasing a bitcoin swap contract.
Cinnober and BitGo Collaborate on Crypto
Stockholm-based vendor inks a new partnership to extend its offerings to cryptocurrency exchanges.
After Arbitration Deal, SGX’s Indian Products Survive—For Now
The final outcome of the arbitration award is expected to be announced by the first quarter of 2019.
SGX-NSE Battle Could Become a Long War
The exchanges are currently undergoing arbitration regarding the launch of SGX’s new futures contracts meant to succeed the outgoing SGX Nifty 50 suite of products.
GreenKey Files Patent for Automatic Transcription Process
The patent covers a process that determines an audio language before being run through a transcription engine.
India’s Data Takeaway Leaves Index Derivatives in a Pickle
Investors with exposure to India via index futures are reeling from a decision by the country’s exchanges to end data licensing agreements that allow overseas markets to create derivatives based on its indexes. Wei-Shen Wong investigates whether the move…
TRG Debuts Index Commission Management in FITS
The new module arose from a "groundswell" of demand from clients to manage their index costs alongside the costs of index data.
Ground Zero: Digital Currencies in Asia
As cryptocurrencies gain interest from investors around the globe, Wei-Shen Wong examines the splintered Asian marketplace to see how regulators are adopting different strategies when it comes to overseeing these complex instruments.
FISD Unveils ‘Level 2’ of FIA Certification Program
The first Level 2 module will focus on data licensing, aimed at a broad range of industry professionals, especially developers, who need to be aware of the limitations and costs associated with the data they use.
A Very Data Christmas Carol: Silent Night
Max delivers his rundown of the top themes of the year... in verse!