TradingTech Insight Blogs The latest content from across the platform
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…
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,…
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…
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…
Horizon Opens Gateways to Cryptocurrency Exchanges
Horizon Software has extended its trading platform to provide users with the option of trading Bitcoin as well as other cryptocurrencies such as Ether, Ripple and Litecoin. The company offers native gateways for connecting to the main cryptocurrency exchanges, including Kraken, Bitstamp, Bitfinex and GDAX, and will be adding access to other exchanges in the…
Deutsche Börse Reaps the Benefits of Implementing Metamako Network Devices
Deutsche Börse Group is reaping the benefits of Metamako FPGA-based network devices in its colocation network, including the ability to gain greater insight into the network and use precisely timestamped packet capture data for analyses that were not previously possible. The exchange deployed 60 Metamako K-Series devices running MetaWatch, an ultra-precise tapping and timestamping application,…
The Governance, Risk and Compliance Trends Set to shape 2018
By: Doug Morgan, Group Chief Executive, Cordium The past few years have been challenging for the compliance teams of financial firms and 2018 will be no different – if anything, the pace of evolution is set to accelerate on a number fronts. From input gathered from clients and industry contacts, Cordium has pulled together a…
EarlyBird Harnesses Twitter for Unique Trading Data Sets
The ubiquity of real-time financial information means that it’s difficult for traders to find unique market opportunity that gives them gives them a competitive advantage. As a result, trading firms are increasingly turning to so-called Alternative Data to seek out undiscovered data niches that may yield a market-winning deal. As with the broad consumer market,…
Synechron Completes Integration of Cityfront
Synechron has strengthened its systems integration business through the completion of its combination with Cityfront Group, a systems integrator for enterprise capital market platforms such as Murex, Calypso and Summit, which it acquired in 2016. The transition of Cityfront to the Synechron brand allows Synechron to offer the market a combination of end-to-end services including…
Virtu Targets MiFID II SI Liquidity via Partnerships with Vela, QuantHouse, Exegy
Electronic market-maker Virtu Financial has staked its claim as a Systematic Internaliser under MiFID II, announcing several distribution partnerships for its SI-related data feeds as the regulation came into effect last week. Virtu – whose SI aspirations will be led by its Virtu Financial Ireland operation – plans to provide bilateral liquidity in European cash…