Matching
New equity trading protocols want traders to show their hand
A new generation of trading venues has emerged with the goal of unlocking liquidity and improving the efficiency of trades.
European firms prime for lopsided settlement in North America and at home
With T+1 imminent in North America and increasingly likely to traverse the Atlantic, operations and trading professionals in Europe are fighting on two fronts.
‘When, not if’: EU plots course for T+1 transition
Not everyone saw eye to eye at a European Commission roundtable discussing how to shorten settlement cycles, but most participants recognized the need to make the transition to T+1.
Bulletproof building: DTCC, AWS debut app resiliency prototype
The cloud provider and industry utility have jointly released a prototype and guidelines for building resilient financial services applications.
Has cloud cracked the multicast ‘holy grail’ for exchanges?
An examination of how exchanges—already migrating to the cloud—are working to solve the problem of multicasting in a new environment.
Waters Wrap: ICE, Nasdaq and differing views about cloud
As exchanges continue to embrace cloud, the decisions they make today will have long-lasting implications.
Shall we compare thee to a multilateral trading venue?
As regulators confirm that perimeter guidance applies to tech firms, the focus shifts to enforcement.
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
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.
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.
AI proves helpful for banks facing new cash penalties for settlement failures
According to one report, banks have been hit with penalties of up to €5 million per month under new CSDR settlement rules. As a result, banks are turning to AI to help.
Retooling repo: How Broadridge, Bloomberg, Tradeweb, and JP Morgan are modernizing repurchase agreements
From brokers to trading platform providers, players in the repo market are focused on initiatives around reducing settlement fails, increasing automation, and streamlining operations.
Waters Wrap: The Big Tech cloud providers are coming for your toys
Anthony thinks that the fintech community should be looking over their shoulders as the major cloud providers are going to disrupt financial markets even more than they do today.
This Week: KPMG/Volante Technologies, LiquidityBook, Northern Trust & more
A summary of the latest financial technology news.
Limiting fat-finger errors: Using AI, the ESA and Mosaic aim to make traders more efficient
The European Space Agency is looking to apply space technology and AI to help financial firms better manage risk and find alpha-generating signals. Mosaic Smart Data is now four years into a partnership with the organization and is taking aim at…
This Week: Bloomberg/Goldman Sachs, Broadridge, Rimes, and more
A summary of some of the past week's financial technology news.
Six partners with BMLL for best execution analysis
The Swiss exchange is using the vendor's data and analytics to provide insight to brokers around Swiss EBBO liquidity.
This Week: SmartStream, LSEG/Finbourne, FactSet/Cobalt, DTCC, BNP Paribas, and more
A summary of some of the past week’s financial technology news.
Sell side pushing for bilateral connectivity for fixed income
Fixed-income liquidity providers, battling tighter margins, want to execute directly with clients, but are buy-side and tech firms willing to absorb the connectivity costs?
Brown Brothers Harriman continues AI ‘transformation’ of fund accounting unit
A new tool that helps business users test and validate their own POCs is set to join the bank’s ranks alongside its other AI projects implemented over the last two years: Linc, Guardrail, and Ants.
JP Morgan fast-tracks market data licensing tools
The bank is developing solutions to help internal teams understand compliant usage and entitlements.