TradingTech Insight Blogs The latest content from across the platform
IHS Markit Deal with Cobalt Delivers Innovative Post-Trade FX Service
IHS Markit is heralding a transformation in foreign exchange (FX) infrastructure following a tie-up with blockchain start-up Cobalt. The partners have integrated MarkitServ with the Cobalt platform, and trade data is already flowing from customers and trading venues via MarkitSERV to the platform. As part of the deal, which plans to accelerate delivery of innovative…
OTCXN Goes Live with LiquiMatch FX Trading Venue
OTCXN, a blockchain-based capital markets infrastructure provider, has gone live with LiquiMatch FX, an institutional-only foreign exchange dark pool that is embedded in a lit pool and designed to give users multiple trading options simultaneously. With no visible book or ticker, dark pool users are able to trade without broadcasting their activity to visible markets…
Steeleye Partners with Euronext for MiFID II Reporting
Compliance technology and data analytics firm Steeleye has partnered with pan-European capital raising centre Euronext through its connectivity partner scheme. Steeleye customers can now access to Euronext’s advanced Approved Public Reporting (APA) and Approved Reporting Mechanism (ARM) services, allowing for efficient and reliable MiFiD II reporting. The APA service is available for firms and Systematic…
Luminex Enhances the User Interface and Workflow of its Buy-Side Trading Venue
Luminex Trading & Analytics, a buy side-owned trading venue supporting low-cost block executions, has rolled out Luminex 2.0, which includes an enhanced user interface and workflow. Built on OpenFin technology, the platform works seamlessly with other trading and financial services applications. The flexible user interface in Luminex 2.0 allows traders to customise their workspace with…
big xyt Offers Visual Analysis of 2018 European Equity Trading Landscape
big xyt, a provider of high-volume data and analytics capabilities to trading and investment firms, has introduced www.250days.com, a collection of dashboards displaying annotated visual analysis of the fragmented European equity trading landscape leading up to and during 2018. Based on big xyt’s Liquidity Cockpit dashboards and developed in response to client requests, www.250days.com allows…
FIX Trading Community Sets Up Brexit Working Group, Calls for Members
The FIX Trading Community is calling for members to join a Brexit Working Group designed to help FIX members and other industry participants prepare for the challenges presented by the UK leaving the European Union. The goals of the group are to identify and review requirements for potential changes to technical or business practices that…
TNS Extends Managed Hosting and Low-Latency Services Following R2G Acquisition
Transaction Network Services (TNS) will accelerate its deployment of managed hosting services following the acquisition of Chicago-based market data, connectivity and hosting specialist R2G Services. The acquisition also allows TNS to respond to customer interest in working with a full-service managed infrastructure provider and gives R2G the opportunity to offer its customers TNS networking and…
Equities Trading Solutions: to Buy or Build?
Why you need a mix of third-party and in-house technology, and how to get it right By: Steve Grob, CMO, ION Capital Markets, Fidessa Since the global financial crisis, top-tier equities trading businesses have been contending with a mounting series of challenges. Volumes have flattened. Commissions have fallen. Regulation has tightened. Meanwhile, the rise of…
Packaging and Deployment: There is Another Way
By: Stephen Wood, Global Head of Enterprise Deployment at OpenFin Let’s say you’re running IT for a bank. You will own software. You could build software and, of course, you’ve got a choice of software-as-a-Service (SaaS) options from third-party vendors. But those vendors have to be vetted. Do they meet your firm’s security requirements? Will…
IHS Markit and AcadiaSoft Offer Compliance with Incoming Initial Margin Rules
IHS Markit and AcadiaSoft have responded to ongoing extension of initial margin rules for non-cleared derivatives through an alliance that brings together the former’s information and analytics capabilities, and the latter’s specialism in margin automation solutions. The initial margin requirement for non-cleared derivatives was introduced in 2016, with increasing numbers of entities required to meet…