TradingTech Insight Blogs The latest content from across the platform
Eze Software Extends Collaboration with NEX to MiFID II Trade Reporting
Eze Software has extended its Markets in Financial Instruments Directive II (MiFID II) reporting capability through collaboration with NEX Regulatory Reporting, an Approved Publication Arrangement (APA) under the regulation that meets client needs to publish pre- and post-trade data and reports as soon as possible after trade execution. The collaboration bolsters Eze Software’s MiFID II…
Bloomberg Plans Addition of Chinese Securities to Global Aggregate Indices
Bloomberg intends to add Chinese RMB-denominated government and policy bank securities to the Bloomberg Barclays Global Aggregate Index. The addition of the securities will be phased in over a 20-month period starting in April 2019 and subject to planned operational enhancements being implemented by the People’s Bank of China (PBoC) and Ministry of Finance. When…
NetXpress Deploys Metamako Switches for Low-Latency Native Market Access
NetXpress, a provider of market connectivity and managed services, is rolling out Metamako ultra-low latency Layer 1 and FPGA-enabled switches to deliver native market access to trading clients including banks, hedge funds and proprietary trading shops. The company will also use the Metamako technology to support additional functionality that results in time and cost savings,…
Liquidnet Offers High-Touch Solution for Best Execution Analysis
Liquidnet has introduced Best Ex Replay, an addition to its Virtual High Touch suite that is powered by data and analytics from OTAS Technologies. The solution allows traders to recall precise market conditions to explain the context of execution decisions, investigate orders that experienced exceptional market conditions, and achieve regulatory reporting compliance. Natasha Shamis, global…
Data Management Summit Innovation Showcase Presents The Investment Data Utility
Join us tomorrow at our London Data Management Summit to find out how to make data an opportunity rather than a risk, what still needs to be done to ensure Markets in Financial Instruments Directive II (MiFID II) compliance, how to make the most of alternative data and next generation analytics, the latest technologies adding…
Options Completes 40Gb Backbone Upgrade, Plans Further Upgrade to 100Gb
Options has completed a 40Gb backbone upgrade of all its managed wide area network (WAN) circuits across New York (NY) metro data centres. The infrastructure expansion is designed to allow clients to connect to high volume exchange data feeds at Mahwah, Carteret, NY4 and NJ2, without bandwidth restrictions. All clients connecting to NYSE data have…
Itiviti CEO Torben Munch Named to Lead Combined Firm of Itiviti and ULLINK
The merger of Itiviti and ULLINK was completed yesterday, with Itiviti CEO Torben Munch named to lead the combined entity. ULLINK CEO, Didier Bouillard, has elected to leave the company. The intention to combine the companies, both of which are owned by Nordic Capital, was put forward in November 2017 and with the transaction now…
Rosenthal Collins Group Selects Eventus Platform for Trade Surveillance
Rosenthal Collins Group (RCG), an independent futures brokerage and clearing firm, has selected Eventus Systems’ Validus platform for trade surveillance. RCG chose the cloud version of the platform for its compliance officers to monitor trading activity and any regulatory issues. RCG considered several trade surveillance vendors before selecting Eventus and the Validus platform, which has…
ICE Benchmark Administration to Publish Test Data for ICE LIBOR this Saturday
ICE Benchmark Administration (IBA) will publish results of a three-month test of ICE LIBOR on the ICE website this Saturday March 17, 2018. The test is part of the evolution of the benchmark and ran from September 15 to December 15, 2017, during which time all 20 LIBOR panel banks were required to make additional…
FIX Release of Orchestra Supports Standardisation of Rules of Engagement
The FIX Trading Community has published Release Candidate 3 of FIX Orchestra for public review. FIX Orchestra supports machine readable rules of engagement between counterparties and enables firms to define their service offerings in a systematic way, certify flows faster and with greater accuracy, and reduce manual intervention. It is designed to help the financial…