TradingTech Insight Blogs The latest content from across the platform

LSEG Technology Makes First Deployment of Millennium Exchange in the Cloud

London Stock Exchange Group’s technology solutions provider, LSEG Technology, has achieved a couple of ‘firsts’, with its Millennium Exchange matching engine being deployed in the cloud and for a digital asset exchange for the first time. The deployment, at 24/7 digital asset exchange AAX, also extends Millennium Exchange’s asset class coverage to crypto currency pairs…

Nasdaq Adds AI and Transfer Learning to Enhance Market Surveillance

Nasdaq has enhanced market surveillance of its US stock exchange following the introduction of artificial intelligence (AI) and transfer learning to improve detection of malicious activity. Transfer learning is a machine learning method where a model developed for a task is reused as the starting point for a model on a second task. The company…



Crux Hits 1,000 Data Sets as it Broadens Coverage Beyond Alternative Data

Crux Informatics has traversed the 1,000 mark in terms of data sets available through its distribution platform, illustrating the company’s embrace of traditional as well as alternative data. Having attracted over $45 million of funding since its inception in 2017 the company has moved to establish itself as a data delivery and management platform for…

SEC Contracts MayStreet to Provide Market Data for MIDAS

MayStreet, provider of a capital markets platform delivering low-latency connectivity and high-precision market data, has assumed the role of market data provider to the US Securities and Exchange Commission’s (SEC) Market Information Data Analytics System (MIDAS) following its acquisition of the Thesys Technologies business that previously supported the system. The MIDAS platform combines technology and…

Options Deploys Latest Arista Switches to Offer Ultra-low Latency at Sub-5 Nanoseconds

Options, a provider of colocation services for capital markets, is meeting client demand for ultra-low latency switching capability with the deployment of Arista 7130 series ultra-low latency switches in 20 colocation environments globally. The company selected the switches after a successful deploying of Arista 7150 switches and plans to have 12 fully managed 7130 switches…

DASH Adds Dark Liquidity Aggregation Algo

DASH Financial Technologies continues to innovate with SENSOR Dark, a next-generation dark liquidity aggregation algorithm designed to provide traders with optimal levels of transparency, performance and control as they attempt to minimise footprints when seeking dark liquidity in a fragmented market. The algo sources dark liquidity from significant venues across the US equity market, including…

Digital Realty and Interxion Combine to Create Dominant Provider of Data Center Solutions

San Francisco-based Digital Realty has won the recent bidding war for European provider of carrier and cloud-neutral colocation data centre services, Interxion, entering into a definitive strategic agreement to acquire the firm for an estimated $8.4 billion – heralded as the biggest data centre transaction on record. The stock-swap deal will propel Digital Realty into…

Intercontinental Exchange Launches ICE Hub to Support ETF Growth

Global exchange and clearing house operator Intercontinental Exchange, which also provides data and listing services, has launched the ICE ETF Hub: a new platform designed to support growth and improve standardisation within the ETF primary trading market. The Global ETF market has witnessed substantial growth over the last decade, with assets under management exceeding $5.7…

TP ICAP Signs Multi-Year Strategic Data and Technology Agreement with Refinitiv

Refinitiv is has signed a multi-year strategic agreement with TP ICAP, the world’s largest interdealer broker, to support its data needs for both its brokers and technology platforms. The firm will meet TP ICAP’s application data needs via the Refinitiv Data Platform, and on the desktop via Eikon. Refinitiv will work alongside TP ICAP to…

QuantHouse Offers Historical Data on-Demand to Algo Traders

QuantHouse has released Historical Data on-Demand, a service designed to speed up the research, development and back-testing phase of any trading strategy, and allow clients to implement new trading ideas within days rather than weeks or months. The company is offering up to 10 years of historical data on-demand for the US, European and Asia-Pacific…