TradingTech Insight Blogs The latest content from across the platform
Simudyne Closes $6M Series A Funding Round with Plans to Expand
Simulation technology specialist Simudyne has closed a $6 million Series A fundraising led by Barclays. The new funds will help Simudyne to continue to interact with the financial services sector while expanding the applications of its enterprise-ready software beyond bank stress testing, financial risk and contagion management. Simudyne’s solutions assist organisations to harness the power…
Interxion Builds for Trading Stack Transformation at New LON-3 Facility
Interxion’s new state-of-the-art LON-3 data centre facility in London’s Brick Lane – which came onstream last year – aims to offer new space and capabilities for financial firms, liquidity providers and execution venues seeking sophisticated facilities for connectivity and trading. Interxion is stressing the new facility’s core attributes of location, regulatory compliance and latency as…
VIRTUAL ROUNDTABLE: Fundamental Review of the Trading Book (FRTB) – The when, the why and the how…?
With implementation just around the corner, FRTB should be at the top of every bank’s agenda. In advance of A-Team Group’s hotly anticipated Breakfast Briefing on May 14, we gathered together a group of experts to discuss the essential issues and top priorities that firms should be focusing on in the run-up to D-Day… One…
Refinitiv Redistributes MarketAxess Fixed Income Market Data Through Elektron
Refinitiv and MarketAxess have agreed to redistribute MarketAxess fixed income market data to Refinitiv’s customers via the Elektron Data Platform. The data made available through Refinitiv as a part of the agreement includes MarketAxess’ Composite+ and Axess All pricing tools. Composite+ is an algorithmic pricing engine for corporate bonds that leverages a range of proprietary…
Refinitiv Outlines Development of Machine Learning and Data Science
Machine learning and artificial intelligence (AI) are finding key use cases in risk management, performance analysis and trade idea generation, suggesting the technologies have moved beyond the experimental stage to become core components of business strategy and investment. Development is being driven by growing numbers of data scientists employed by financial organisations. The barriers to…
Torstone Acquisition of Percentile Delivers More than the Sum of its Parts
Torstone Technology’s recent agreement to acquire Percentile will add risk management and compliance technology to the company’s post-trade securities and derivatives processes, making its Inferno platform a full-service, cross-asset, global post-trade solution. The deal will also add a compliance solution for Fundamental Review of the Trading Book (FRTB) regulation to Torstone’s portfolio. The acquisition will…
TradeStation Crypto Prepares Next-Gen Trading Platform Powered by Deltix CryptoCortex
TradeStation Group subsidiary TradeStation Crypto will use Deltix’s CryptoCortex solution in its next crypto platform, which is designed to target traders seeking improved price discovery and deeper liquidity. TradeStation Crypto plans to leverage Deltix’s CryptoCortex solution for its crypto brokerage business and aims to deliver better execution prices for traders’ cryptocurrency orders. CryptoCortex will allow…
Broadway Acquisition of Barracuda FX Expands Product Suite
Broadway Technology plans to deliver multi-asset solutions across more parts of the investment lifecycle and help clients automate additional workflows following its acquisition of Barracuda FX. The company, a provider of high-performance fixed income and foreign exchange solutions, has taken on the full Barracuda FX team and will operate the company independently under the auspices…
SEC Rule 606 Features Highly at FIX Americas Conference
The imminent adoption of amendments to SEC Rule 606 was high on the list of hot topics when electronic trading professionals met at the FIX Americas conference in New York this week. And while speakers, panellists and delegates acknowledged the initiative represents a significant challenge in terms of technology resource, most said they believed the…
DTCC Boosts Trade Reporting Solution with New Droit Partnership
The Depository Trust & Clearing Corporation (DTCC), a pillar of post-trade market infrastructure, is joining forces with real-time transactional compliance provider Droit. The partnership will enable market participants to leverage Droit’s reporting eligibility capabilities within DTCC’s Pre-Reporting Transformation Services for supported G20 regimes, as well as the forthcoming Securities Financing Transactions Regulation (SFTR). The joint…