A-Team Insight Author: A-Team
Thomson Reuters in Talks to Sell 55% Stake in Financial and Risk Business to Blackstone
Thomson Reuters’ board is expected to meet today to discuss Blackstone Group’s offer of over $16 billion for a 55% stake in the company’s financial and risk business – a move that would take the business into the private sector, allow for a restructure out of the public eye, and create a standalone financial data...
Duco Plans to Add Products, People and Markets Following $28m Investment
Duco plans to expand its cloud data engineering solutions and extend its global footprint following a $28 million investment round. The investment reflects interest in the fintech’s Duco Cube software-as-a-service solution and growing uptake of cloud technology across the industry. The company provides technology that enables banks, brokers, asset managers and exchanges to normalise, validate...
Best Practice Approaches to GDPR Compliance
Compliance with General Data Protection Regulation (GDPR) is an extensive undertaking for financial services firms, but it also generates benefits including reduced risk and cost, improved data security, new business cases, and the availability of trusted information for analytics. The challenges and opportunities of GDPR were discussed during a recent A-Team Group webinar moderated by...
Trading Technologies Partners Coinbase to Provide Market Access to GDAX
Trading Technologies (TT) has partnered Coinbase, operator of the Global Digital Asset Exchange (GDAX), to provide cryptocurrency trading functionality and market access for the institutional trading world. Beginning in March 2018, TT users will be able to view market data, submit orders, and use the company’s charting and automated trading tools to trade cryptocurrencies on...
Ullink Confirms Compliance with FIX-over-TLS Security Standard
Ullink has followed the FIX Trading Community’s release of the FIX-over-TLS (FIXS) standard, which is designed to help users of the FIX protocol meet security requirements, with confirmation that its NYFIX marketplace FIX network is 100% compliant. Ullink’s compliance includes support for the recommended versions of Transport Layer Security (TLS), certificate configurations, ciphers, and different...
UBS MTF Selects Aquis Technology for MiFID II Surveillance and Reporting
UBS MTF (Multilateral Trading Facility) has selected Aquis Technology, the regtech services arm of Aquis Exchange, to provide market surveillance and RTS 27 reporting software as required by Markets in Financial Instruments Directive II (MiFID II). UBS selected the Aquis Market Surveillance solution on the basis of its strong and comprehensive market monitoring and surveillance,...
FIX Trading Community Releases Response to Cybersecurity Challenge
The FIX Trading Community has released the FIX-over-TLS (FIXS) standard and guidelines to help users of the FIX protocol meet security requirements. FIXS is part of a larger programme of work that the FIX Trading Community initiated in response to the cybersecurity challenge. The issue for members of the community is how to understand the...
Sponsored Blog: Ullink Considers How Low-Touch and High-Touch Trading are Playing Out in a Changing Economic Environment
The global trading landscape is changing, driven by regulation, automation, cost pressure and the search for alpha. In response, sell-side firms are rebalancing their high-touch order management and low-touch direct market access (DMA) trading, and considering new approaches to achieving accurate and efficient electronic trade execution at speed and scale. On the buy-side, firms continue...
MiFID II – Why ISINs for OTC Derivatives are Bad for Transparency
By: Amir Khwaja, CEO of Clarus Financial Technology One of the goals of MiFID II is to improve transparency of price and volume in financial markets and the implementation date of January 3, 2018 finally gave me an opportunity to look at the post-trade data made publicly available by trading venues and Approved Publication Arrangements...
Exactpro Concludes Buyout from London Stock Exchange Group
Exactpro Systems has been bought out of the London Stock Exchange Group (LSEG) by a company incorporated by the former’s founders. Deals of the acquisition were not disclosed and the LSEG is expected to remain a customer of Exactpro, which will provide an independent software quality assessment of LSEG’s core platforms based on a multi-year...