TradingTech Insight Blogs The latest content from across the platform
MayStreet Adds Full-Depth-of-Book for All US Equity Options Markets to Market Data Lake
MayStreet, the market data technology and content provider, has expanded its Market Data Lake product, adding full support for all US Equity Options data feeds, to augment the company’s existing provision of the OPRA feed. US Equity Options volumes have grown significantly in recent years, with record listed option contract volumes in 2020, increasing 52.4%…
LSEG Selects FINBOURNE Platform to Power Wealth and Investment Solutions Businesses
London Stock Exchange Group (LSEG) has selected FINBOURNE Technology’s LUSID Software-as-as-Service (SaaS) investment data management platform to power its wealth and investment solutions businesses. LUSID will be an element of LSEG’s digital and cloud programme, and will provide a scalable and virtual real-time data repository that can consolidate multi-asset class data across the businesses. LSEG…
Relativity Addresses Email Thread Deduplication with AI Upgrade to Relativity Trace
Relativity has introduced new data cleansing capabilities integrated with its AI-powered Relativity Trace communication surveillance product. The new capabilities – which include the ability to address email thread deduplication – have been modelled to reduce false positives by up to 92%. According to Jordan Domash, General Manager of Relativity Trace, “Surveillance teams are overwhelmed by…
Pico Introduces Ultra-Low Latency Connectivity Across Key Global Venues
Trading technology, data and analytics service provider Pico has launched ultra-low latency venue connectivity across its key global trading venues, achieving more than 80 percent reduction in round trip latency, according to the company. Utilizing high-performance Layer 1 switching technology, Pico can now achieve one-way market data latency of 5-87ns and round-trip latency of 140ns…
Lack of Digital Skills and Maturity Restrict Transformation in Financial Markets
Data management functions in the finance sector, such as data collection, integration, and automation, are constrained by a severe lack of digital skills and maturity, despite leadership awareness of the importance of an effective data strategy. While a lack of skills is widely acknowledged across capital markets, a report from Encompass, a provider of automated…
Etrading Releases Digital Token Identifier Registration Service, Initiates Use of Standards Across Digital Token Asset Class
Etrading Software has started Digital Token Identifier (DTI) registration following go live of the DTI registry in July 2021 and recent publication of the ISO standard for digital assets, ISO 24165. With the standard in place, early work by the registry includes coverage of the top 100 cryptocurrencies by market capitalisation – ultimately, all digital…
Deutsche Bank Indonesia Teams with Xceptor to Automate Tax Processes for Post-Trade Settlement
Deutsche Bank Corporate Bank has adopted an automated workflow platform for the administration of capital gains withholding tax during the post-trade settlement process in Indonesia. The platform, based on the Xceptor Tax Solution, is aimed at streamlining manual processes and reducing the time to calculate withholding tax amounts down to seconds. Deutsche Bank will also…
Beyond Cryptocurrencies – Building a Market Infrastructure for Digital Assets
Mention digital assets, and most people will immediately think of cryptocurrencies. This is perhaps not surprising, as ownership of digital assets is currently dominated by the two leading cryptocurrencies, Bitcoin and Ethereum. The fast-evolving world of digital assets now goes way beyond the realm of cryptocurrencies, however, and has the potential to open up a…
ESG Growth Will Require Dedicated Research Teams: Stellar Data Labs’ Bansal
Financial institutions will need to create highly trained teams dedicated to properly interpreting the growing volumes of ESG data they’re receiving, a leading data executive has forecast. But the novel nature of the information will mean data professionals must give up some of their autonomy to researchers who are better equipped to incorporate it into…
Countdown to Operational Resilience Deadline Adds Pressure to UK Firms
UK financial services institutions and firms now have less than six months to identify their ‘important business services’, set impact tolerances and carry out mapping and testing ahead of the new UK Regulatory Operational Resilience Requirements coming into force on March 31, 2022. The new requirements are being ushered in by the Bank of England,…