TradingTech Insight Blogs The latest content from across the platform
MiFID II: A Little Too Much Transparency?
Has transparency gone too far under planned revisions to the reporting requirements of the 2007 Markets in Financial Instruments Directive (MiFID)? Market participants say that it will expose sensitive market activity, while creating a massive operational headache. While traders assume they will just have to deal with this pain they are in limbo until the…
DTCC Promotes Development of Distributed Ledger Technology
DTCC has thrown its weight behind distributed ledger technology as a means of modernising post-trade processes and says it is in the best position to coordinate evaluation and standardisation of the distributed ledger platform, address challenges and decide whether it is a better solution than existing technology. The company sets out its views on distributed…
All That’s New at A-Team Intelligent Trading Summit
With just two weeks to go until A-Team Group’s Intelligent Trading Summit in London, we are getting pretty excited about the event’s line up of speakers, who will address everything from the challenges and opportunities of regulation, including MiFID II, to the intricacies of high performance trading; the vendors that will showcase their smart trading…
Giving Away the Value of Reference Data
By Chris Pickles, Co-Chair of FIX Trading Community’s Reference Data Subgroup and Member of the Bloomberg Open Symbology Team Reference data is not only a foundation of data management, it is also a revenue earning commodity, particularly for exchanges and issuers of ISINs. MiFIR requires exchanges, multilateral trading facilities, organised trading facilities and systematic internalisers…
MiFID II: Putting the Clock Back
The type of trader you are will determine how you set your watch. That is the upshot of ‘RTS 25: Draft regulatory technical standards on clock synchronization’ published by the European Securities and Markets Commission in late September under the revision of the Markets in Financial Instruments Directive (MiFID II). “MiFID II moved away from…
Five Markets and Technology Predictions for 2016
By Jock Percy, CEO at Perseus Overall, 2015 was a fascinating year for the financial markets and, by extension, for financial technology solutions providers. At a macroeconomic level, the slowdown of growth in China squeezed commodity dependent markets, including commodity powerhouses such as Brazil, Australia and South Africa. Meanwhile, the Greek debt crisis unleashed a…
Creating Back Office 2.0 – Reinventing Trade Processing on the Block Chain
By Pete Harris, Principal, Lighthouse Partners Financial markets firms seem to be forever complaining about an increasingly competitive marketplace that is driving down revenues and increased compliance and operational procedures that are pushing up costs. No surprise then that many are looking at a technology called block chain in order to simplify their post-trade infrastructures…
Talking Intelligent Trading with Andrew Delaney: Talking Intelligently at ITS on February 4
With just under a month to go, we’re putting the finishing touches to the agenda for our Intelligent Trading Summit in London on February 4. I’ve waxed lyrical about the topics we’ll be discussing on our series of panels (see agenda here for a recap). But I’m also excited about the presentations we’ve lined up…
Street Contxt Plans February Launch on Back of $8M in Series A Funding Round
By Zoe Schiff Toronto-based Street Contxt, which delivers highly targeted real-time information designed to enhance communication between capital markets professionals, is gearing up for launch next month, hot on the heels of its US$8 million series A funding round secured in December. The latest funding round – supported by the likes of Formation 8 and…
What’s More Important: Latency or Determinism?
While speed was everything, latency determinism – ensuring consistent latency throughout your systems for every trade – is increasingly a critical metric for traders executing multi-venue strategies. A recent shift in exchange policy may make a focus on latency determinism even more important. “The fastest in the pack is a Lance Armstrong-type character using every…