Why Packet Capture Matters For MiFID II Compliance
Firms are catching on to the importance of packet capture for the real-time trade surveillance that MiFID II will require when it takes effect at the start of 2018, according to trading technology and regulation experts who spoke in a webinar hosted by Intelligent Trading Technology on June 27. The definition of network packet capture...
MiFID II Drives Widespread Market Data Operations Changes
As the largest European exchanges, along with many other European trading venues, change or update systems to be compliant with MiFID II provisions concerning best execution, firms are finding they must also update the way they interact with these exchanges and venues. Market data and automated trading order execution systems provider Redline Trading Solutions has...
Singapore Firm Adds Ullink Post-Trade System
Singapore-based asset management company Village Capital, which invests mainly in Japanese equities, recently began using Xtrain, a Ullink system which addresses post-trade functions including trade reconciliation, reporting and performance data management. Village Capital chose Xtrain, after already using Ullink’s Xilix execution management system, to stop performing post-trade functions completely manually, as it had been. Taking...
Quantave Debuts Blockchain Liquidity Infrastructure
Trade life-cycle infrastructure provider Quantave has begun beta testing of a digital assets infrastructure that aims to improve access to liquidity available in digital currencies such as Bitcoin and Ether, according to Paul Gordon, CEO of the company. The volume of digital assets trading can be as much as $2 billion daily worldwide. “Accessing available...
Using High-Frequency and Automated Trading Wisely
The difficulties of making high-frequency trading profitable – or its absolute importance — may be exaggerated, and automating trading may be more useful than industry observers would think, according to trading operations executives who spoke in a panel discussion on “Trading in the New Normal Environment,” at the Intelligent Trading Summit held in New York...
KYC/AML Innovation Waits On MiFID II
Efforts to conduct know-your-customer (KYC) and anti-money laundering (AML) operations more efficiently are more likely to begin after the financial services industry is better prepared for regulatory deadlines coming at the beginning of 2018, like MiFID II, said William Hartnett, managing director for market infrastructure investments at Citi, who spoke on a panel about the...
Trading Execution Concerns Shift From Latency To Proactivity
The ground on which market participants walk is shifting from a foundation of latency and performance concerns to a playing field where being proactive is their best asset, according to trading technology experts who spoke in a webinar hosted by Intelligent Trading Technology on June 1.
Tuning Up Symphony
The Symphony communications service, which provides a self-contained messaging protocol for financial services firms, is finding that its openness can be a double-edged sword. Intelligent Trading Technology spoke with Barry Raskin, managing director, management consulting at Jordan & Jordan, who is currently managing the implementation of Symphony for a major firm, about how Symphony’s openness...
Metamako Links Multiple FPGAs
FPGA networking platform provider Metamako has launched capability to run different FPGAs [field programmable gate arrays] at once, saving its users the costs of data center rack space and freeing resources for use with other applications and functions, according to officials at the provider. “One of those FPGAs could be used for the watch application...
Partnership Readies Regulatory Compliance Service For October US Launch
With their partnership begun in January, Scandinavian based compliance solutions company TM Group, and UK-based archiving provider Arkivum, have put their capabilities together for an end-to-end solution that can collect customer data for regulatory compliance, communicate it within units of a firm, and, lastly, save and store the data, according to officials of both companies....