Editor's pick
The Always-On Exchange: Rebuilding Market Infrastructure for 24/5 and Beyond
US equity markets are moving towards a much longer trading day. Major exchanges are preparing for 23-hour trading, five days a week, while the Securities and Exchange Commission (SEC) recently devoted a roundtable to the operational, resilience, clearing and market-structure implications. Overnight trading remains relatively small – accounting for less than 1% of NMS stock...
Top Blogs
Nasdaq Backs One Trading’s Push to Rethink Derivatives Market Infrastructure
Nasdaq Ventures’ strategic investment in One Trading, announced last week, could open the door to a different approach to derivatives market infrastructure, bringing technologies developed for digital asset trading into more traditional financial markets. The European regulated derivatives venue has built a platform that integrates execution, risk management and settlement, with an architecture designed to...
Is AI Changing the Market Data Business and Opening the Door to New Competition?
Artificial intelligence is prompting financial institutions to reassess how they source, consume and manage market data, potentially creating new opportunities for providers seeking to challenge established vendor relationships. As AI-driven workflows become more prevalent, data quality, governance and delivery flexibility are emerging as increasingly important considerations alongside traditional requirements for coverage, performance and cost. These...
Pyth and Exa Explore New Market Data Model for AI Agents
Pyth Network and AI-native search provider Exa are collaborating to explore how AI agents can combine financial market data with web-based research, potentially opening up new approaches to data distribution, licensing and consumption as agentic AI becomes more widely adopted in financial services. The collaboration, currently in an early testing phase, brings together Exa’s search...
Latest briefs
Exegy Launches Hardware-Timestamped Market Data Capture Service
Exegy has partnered with packet capture specialist FMADIO to launch a new end-of-day PCAP service, providing hardware-timestamped raw market data through its Axiom consolidated feed infrastructure. Available across all Axiom points of presence, the service enables trading firms to access high-precision market data captures without deploying and maintaining their own packet capture infrastructure. The offering…
Plus500 Acquires Hedge to Expand US Securities Offering Ahead of Multi-Asset Platform Launch
Plus500 has conditionally agreed to acquire Hedge Capital Markets, expanding its US operations into SEC-regulated securities trading ahead of the planned launch of a unified multi-asset trading platform in Q1 2027. Hedge, founded in 2021, operates an SEC-registered, FINRA-member broker-dealer providing US retail investors with access to exchange-listed securities, including stocks and ETFs. The acquisition…
LSEG and CMC Markets Sign Multi-Year Financial Data Agreement
LSEG and CMC Markets have entered into a multi-year strategic agreement expanding CMC’s access to financial data, news and analytics to support the growth of its multi-asset trading and investment businesses. Under the agreement, CMC will gain broader access to LSEG’s real-time and delayed pricing, reference data, corporate actions information, news and analytical content. The…
CME Group Introduces Baseball Futures Based on Team Performance Indexes
CME Group has announced the launch of what it describes as the world’s first baseball futures contracts, extending its derivatives offering into professional sports. The contracts were scheduled to begin trading on 12 October, subject to regulatory review. Developed with FutureSports, the contracts track CME FutureSports Performance Indexes (FSPI), which use official league statistics to…
FactSet Expands Partnership with Scotia Wealth Management
FactSet has expanded its partnership with Scotia Wealth Management, part of Scotiabank, to provide broader access to investment research, market data and portfolio analytics across the Canadian wealth management business. Under the expanded agreement, financial advisers, investment professionals and support teams will gain access to FactSet’s unified research and intelligence platform, bringing together investment research,…
Lynx Asset Management Selects xyt for Global Equities Liquidity Analytics
Stockholm-based systematic investment manager Lynx Asset Management has selected xyt to provide independent volume and liquidity analytics across global equities markets, supporting the development of its systematic trading strategies. The partnership will give Lynx a more granular view of intraday liquidity across trading venues, execution mechanisms and different times of day, moving beyond aggregated or…
Clearstream and Brookfield Partner to Expand Private Markets Access
Clearstream has partnered with alternative asset manager Brookfield to expand access to private market investments through its global fund distribution platform, targeting private banks, wealth managers and fund distributors. The agreement will make Brookfield’s Luxembourg-domiciled evergreen private market funds, spanning infrastructure, private credit and private equity, available through Clearstream’s existing distribution and order-routing infrastructure. The…
PhillipCapital Extends Eventus Trade Surveillance Partnership
Phillip Capital Inc. has extended its long-standing relationship with Eventus, continuing to use the vendor’s Validus platform for trade surveillance across its expanding range of markets. The US-based futures commission merchant and broker-dealer uses Validus to monitor activity across US equities, options, fixed income and global futures, as well as the rapidly developing prediction markets…
Rothera Automates High-Volume Derivatives Reconciliations with Smartstream
Rothera has deployed Smartstream’s Air platform to automate high-volume reconciliations across its CFTC-regulated event contract exchange and clearinghouse operations. The implementation uses Air’s Cash and Data modules to replace manual processes and support reconciliation of around 1.7 million transactions each day within an automated, fully audited environment. The initial deployment covers two reconciliation processes, Exchange-to-Clearing…
Liquidnet Launches SuperBlock TI for Large Block Liquidity Discovery
Liquidnet has launched SuperBlock Targeted Invitations (TI), extending its liquidity discovery capabilities to help buy-side traders source counterparties for exceptionally large equity orders while controlling how trading interest is distributed. The new functionality builds on Liquidnet’s existing Targeted Invitations capability, allowing traders to share SuperBlock interest with a broader group of potential counterparties while limiting…
Bloomberg Automates Market-on-Close Trading for Japanese Government Bonds
Bloomberg has introduced an automated Market-on-Close workflow for Japanese Government Bonds (JGBs), completing the first fully automated trade using the new functionality. Available through Bloomberg Electronic Markets, the workflow aligns execution with BB3P (Hikene Trading), the Market-on-Close reference rate for JGBs, giving traders greater certainty of execution at a specified close time while helping minimise…
Bruce Markets Plans 24/7 US Equities Trading with Robinhood and PEAK6
Bruce Markets has announced plans to introduce continuous weekend trading in US equities, potentially establishing the first round-the-clock, seven-day trading environment for US stocks, subject to regulatory review. The expansion is backed by strategic investments from PEAK6 Investments, Bruce Markets’ majority shareholder, and Robinhood Markets. Existing investors include Apex Fintech Solutions, Fidelity Investments, Nasdaq Ventures,…
J.P. Morgan Automates US Listed Options Matching with DTCC’s CTM
J.P. Morgan is now using DTCC’s CTM automated trade matching workflow for US listed options, targeting greater efficiency in commissions reconciliation and post-trade processing. The workflow is designed to increase straight-through processing by standardising trade matching and reducing manual reconciliation. CTM can automate the handling of commission breaks, removing the need for customised reports and…
Options Partners with ZutaCore on Liquid-Cooled Trading Infrastructure
Options Technology has partnered with ZutaCore to deploy high-density, waterless liquid-cooled compute infrastructure across its global financial services platform. The agreement gives Options clients access to ZutaCore’s HyperCool technology, a two-phase, direct-to-chip cooling system designed to support high-power processors while keeping water out of the IT environment. The companies say this can enable higher compute…
Your Bourse Introduces Virtual Groups for Multi-Platform Routing
Your Bourse has introduced Virtual Groups, a new capability designed to simplify routing management for brokers operating across multiple connected trading platforms. The functionality allows brokers to combine native client groups from different trading servers into a single virtual grouping, enabling them to manage common routing requirements more centrally. Initial routing rules are configured on…
Latest people
Caplin Systems Appoints Steve Charlesworth as Chief Technology Officer
Caplin Systems has appointed Steve Charlesworth as Chief Technology Officer, taking responsibility for the company’s technology strategy as it expands its institutional trading solutions into new asset classes and markets. Charlesworth brings nearly 20 years of experience in electronic FX trading technology, having held positions at UBS, BBVA, Morgan Stanley and Crédit Agricole CIB, alongside…
Tokenovate Appoints William L’Heveder as Chief Revenue Officer
Tokenovate has appointed former BMLL executive William L’Heveder as Chief Revenue Officer, with responsibility for expanding the company’s commercial pipeline and driving institutional adoption of its post-trade and programmable settlement technology. L’Heveder spent more than seven years at BMLL, where he helped scale the historical market data and analytics provider through to its acquisition in…
Connamara Technologies Promotes Daniel Davis to President
Connamara Technologies has promoted Daniel J. Davis to President as the trading infrastructure provider targets further expansion across new markets, geographies and asset classes. Davis was previously Chief Revenue Officer and has been with Connamara since 2022, initially joining as Head of Growth. He has played a central role in developing the company’s commercial strategy…
Valstro Appoints Chris Valpone as Head of Sales
Valstro has appointed Chris Valpone as Head of Sales as the cloud-native order management system provider expands its US operations and moves into its next phase of commercial growth. Valpone joins from Quod Financial, where he served as Head of Sales for the Americas. He brings 25 years of financial services experience, including senior sales…
DTCC Appoints Samir Pandiri as Chief Client Officer
DTCC has appointed Samir Pandiri as Managing Director and Chief Client Officer, joining the company’s Executive Committee and reporting to President and CEO Frank LaSalla. Pandiri will oversee DTCC’s Global Client Management organisation, including client leads, relationship management and growth, partnerships and strategic alliances. His remit also covers DTCC Consulting Services and Marketing & Communications,…
Trading Technologies Names Maxime Jeanniard du Dot to Lead Margin Business
Trading Technologies (TT) has promoted Maxime Jeanniard du Dot to EVP, Margin Analytics, giving him responsibility for the TT Margin business created following the company’s acquisition of OpenGamma in December. Jeanniard du Dot spent 10 years as Chief Operating Officer of OpenGamma before its acquisition by TT. The firm’s margin analytics technology is used by…
Broadridge Appoints Alex Duggan to Lead International BPO Growth
Broadridge Financial Solutions has appointed Alex Duggan as Head of BPO International, with responsibility for expanding its business process outsourcing operations across EMEA and Asia-Pacific. Duggan will also oversee the continued development of Broadridge’s Glasgow hub, which the company is positioning as a strategic UK centre for client service, operational innovation and technology-led delivery. The…
Trading Technologies Appoints Katie Price to Lead Data, Analytics and Compliance
Trading Technologies (TT) has appointed Katie Price as EVP, Global Head of Data, Analytics and Compliance, bringing its previously separate data and analytics and compliance businesses under a single leadership structure. The combined business includes TT TCA and TT Trade Surveillance, reflecting what the company sees as growing convergence between data-driven analytics, regulatory reporting, oversight…
BMLL Appoints Brad Hunt as Board Chairman Following Nordic Capital Acquisition
BMLL, the provider of harmonised historical Level 3, 2, and 1 market data and analytics, has appointed Brad Hunt as Chairman of the Board. Hunt succeeds Lee Hodgkinson, who will remain on the board as an independent Non-Executive Director (NED). Hunt brings 30 years of experience in financial data businesses, having most recently served as…
Dr Lisa Cameron Joins Stablecoin Standard to Lead Government Relations
Stablecoin Standard has appointed Dr Lisa Cameron to support its government relations and policy engagement across the United Kingdom and United States. In her new role, she will focus on convening global policymakers and members through a series of dedicated initiatives, including roundtables, networking dinners, and international trade missions. Dr Cameron brings extensive legislative and…
Genesis Global Announces Key Leadership Appointments to Propel AI-Driven Capital Markets Growth
Genesis Global has announced five senior leadership promotions to support increasing client demand for efficient, compliant software delivery in capital markets. The appointments are strategically positioned to help financial institutions integrate artificial intelligence into their development processes. By combining AI capabilities with a library of established capital markets workflows and components, the Genesis platform ensures…
BMLL Appoints Michael Chiappinelli as Chief Revenue Officer to Drive Global Growth
Capital markets data and analytics provider BMLL has appointed Michael Chiappinelli as Chief Revenue Officer. Based in the United States, Chiappinelli will lead the company’s international commercial strategy and global sales function, reporting directly to Chief Executive Officer Paul Humphrey as part of the executive management team. His appointment follows the company’s acquisition by Nordic…
Eventus Expands Leadership Team With New Chief Technology Officer and Chief Customer Officer
Eventus, provider of trade surveillance and financial risk solutions, has announced two major additions to its leadership team. Eric Litz has been appointed as Chief Technology Officer (CTO) and Sarah-Jane McColl joins as Chief Customer Officer (CCO). Both executives report directly to CEO Cameron Routh as part of the company’s focus on enhancing client compliance…
Eventus Appoints Cameron Routh as Chief Executive Officer
Eventus, a global provider of trade surveillance and financial risk solutions, has announced the appointment of Cameron Routh as its new Chief Executive Officer. The transition follows a majority investment in the company by Terminus Capital Partners (TCP), a private equity firm specialising in B2B AI and software. Routh succeeds founder Travis Schwab, who led…
Zema Global Strengthens Leadership Team to Drive Long-Term Growth Strategy
Zema Global, the data and analytics provider for the energy, commodities, and financial sectors, has announced three senior executive appointments to its leadership team. Tina Morris joins as Chief Operating Officer to oversee operational excellence and the integration of AI-driven efficiencies. Frederick Winston has been appointed Chief Financial Officer to manage strategic scaling, while Javed…
Featured
FEATURED WEBINAR
Upcoming Webinar: The Vanishing Close: Rethinking Trade Surveillance for Always-On Markets
Date: 2 December 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Global markets are moving steadily towards longer and increasingly continuous trading. Extended-hours initiatives in US equities, the growth of overnight venues and the emergence of new markets and instruments are challenging assumptions that have underpinned trading and surveillance systems…
FEATURED EVENT
Buy AND Build: The Future of Capital Markets Technology
Buy AND Build: The Future of Capital Markets Technology London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.
FEATURED GUIDE
AI in Capital Markets Handbook 2026
AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied…
Top White Papers
Generative and Agentic AI in Financial Markets: From Pilot to Platform
Financial markets are at an inflection point in their relationship with artificial intelligence. The question is no longer whether to invest, it is how quickly institutions can move from experimentation to operational deployment, and what separates the firms that are scaling from those still stuck in extended pilot phases. The gap is wider than most...
The economics of modernising equities trading infrastructure
Equities markets are becoming more fragmented, interconnected and continuously available. Liquidity is spreading across venues and geographies, trading hours are extending, and firms are processing more market data and supporting increasingly complex execution workflows. These changes are placing new demands on trading infrastructure. Many traditional platforms continue to deliver excellent latency and throughput, but were...
From volatility to visibility: The fixed income intelligence shift
Fixed income markets are undergoing a fundamental structural shift, transforming how institutions price risk, govern data and make decisions at scale. The convergence of cloud-based delivery, AI-enabled analytics, expanding private credit markets and heightened regulatory scrutiny, is redefining what ‘confidence’ means in fixed income workflows. Access to third-party pricing and valuations alone is no longer...
Events and webinars
Upcoming Webinar: Modernising Equities Trading Infrastructure: Architecture, Resilience and the Economics of Change
Date: 14 October 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Equities markets are entering a more distributed, always-on phase. Liquidity is fragmenting across venues and geographies, trading hours are extending toward 24/5 and beyond, and market data volumes, investor expectations and competitive pressure are all rising at once. Many...
Upcoming Webinar: Generative and Agentic AI in Financial Markets: What the Data Really Shows
Date: 15 October 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Artificial intelligence is reshaping financial markets – but the reality on the ground is more nuanced, more uneven, and more instructive than the headlines suggest. A new A-Team Insight research programme, drawing on responses from senior AI decision-makers at...
Digital Assets & Tokenisation Briefing, New York
A-Team Group’s Digital Assets & Tokenisation Briefing assembles an exclusive group of CxOs and senior technology innovators. These leading market practitioners and infrastructure providers are collectively building the digital rails and decentralised networks that will power Wall Street 2.0.
Find out moreAwards
Capital Markets Technology Awards APAC
A-Team Group is proud to unveil the winners of this year’s Capital Markets Technology Awards APAC. Now in its second year, this program highlights the exceptional technology providers and financial institutions driving the next wave of innovation across the Asia-Pacific financial ecosystem.
