TradingTech Insight Blogs The latest content from across the platform
T+1 Accelerators Showcased at Symphony Innovate 2024
With less than 30 days until the May 28 T+1 implementation for US markets, collaboration platform operator Symphony last week used the occasion of its annual Symphony Innovate event to highlight three innovations that promise to significantly accelerate the resolution of post-trade exceptions. The new capabilities, which build on the company’s foundational secure communication platform,…
Rapid Addition and Chainlink Bridge TradFi and DeFi with FIX-Native Blockchain Adapter
Rapid Addition, the provider of FIX connectivity solutions, has collaborated with Chainlink, the infrastructure for tokenised assets, to create a FIX-native blockchain adapter for institutional digital asset trading, built using Chainlink’s Cross-Chain Interoperability Protocol (CCIP). The strategic partnership aims to enhance interoperability between the traditional finance (TradFi) world of banks and financial institutions and the…
Unpacking the FCA Wholesale Data Market Study: Insights from Industry Insiders
Market participants were left scratching their heads in response to the UK Financial Conduct Authority’s (FCA) decision not to act to address the high cost of data following the February 29 release of its Wholesale Data Market Study. The study was the end result of a process launched in March last year amid concerns that…
New FIA EPTA Study Reveals Unreported Liquidity in EU and UK Equity Markets
A recent study by the FIA European Principal Traders Association (FIA EPTA), ‘Mind the Transparency Gap,’ has highlighted a significant underreporting of equity trading volumes in both the EU and UK markets, which has led to misconceptions about the actual market liquidity available in these regions. According to the report, a large volume of equity…
Why Automation is Going to Dominate in the Race to T+1
By Vikas Srivastava, Chief Revenue Officer, Integral. Tick-tock tick-tock, the clock is ticking down to one of the most pivotal moments in financial markets this decade. This coming May will mark the transition to T+1 settlement for equities and bonds transactions in North America. To add to the complexities, CLS confirmed last week it will…
QuantHouse Enhances Data Offering with BMLL Historical Order Book Data
QuantHouse, the API Data and Trading Solutions business of Iress, has entered into a new global partnership with BMLL, the independent provider of harmonised Level 3, 2 and 1 historical data and analytics for the equity and futures markets. This collaboration aims to merge QuantHouse’s real-time data services with BMLL’s comprehensive historical order book data,…
Bridgewise Raises $21M to Expand AI Financial Intelligence Platform for Global Securities
Bridgewise, the AI-powered investment analysis platform, has successfully completed a $21 million funding round, increasing its total capital raised to $35 million. The investment was spearheaded by SIX Group and included contributions from Group11 and L4 Venture Builder, along with other global financial institutions. The company provides advanced AI-driven solutions that serve a diverse client…
Build and They will Come: Accelerating Market Efficiencies for Tokenised Securities with Institutional-Grade Infrastructure
By Fernando Luis Vázquez Cao, CEO, SBI Digital Asset Holdings. The emergence of tokenised securities heralds a transformative shift much like the advent of the internet. Just as the world wide web transformed how we exchange information globally, tokenisation holds the potential to revolutionise how we transact and invest in financial markets, unlocking new opportunities…
Kyte Broking Limited Enhances Client Communications to Include WhatsApp and Telegram
Futures and Options broker Kyte Broking Limited, part of the Market Securities Group, has announced the introduction of WhatsApp and Telegram as approved customer communication channels, significantly enhancing client interaction capabilities. This development comes as a solution to the previous challenges posed by strict regulatory demands for broker-client communications. Previously classified as ‘off-channel’ by the…
CTM Debuts New Tri-Party Matching Workflow for Prime Brokers with Société Générale as First to Go Live
The Depository Trust & Clearing Corporation (DTCC), the leading provider of post-trade market infrastructure for the global financial services industry, has announced Société Générale as the first Prime Broker to adopt the Central Trade Manager’s (CTM) automated tri-party trade matching workflow. This development comes as the financial services sector worldwide braces for T+1 and more…