TradingTech Insight Blogs The latest content from across the platform
Q&A: TMX Datalinx’s Eric Sinclair on Global Expansion
In the wake of a called off merger with the London Stock Exchange, the acquisition this summer of Atrium Networks by Canada’s TMX Group gives it a global distribution network for its data services. IntelligentTradingTechnology.com found out more from Eric Sinclair, president of TMX Datalinx and group head of information services. Q: Can you explain…
MiFID II Proposals: Perspective from MarketAxess
MarketAxess Holdings, the operator of a leading electronic trading platform for U.S. and European high-grade corporate bonds, emerging markets bonds and other fixed income securities, reiterates its views on the range of proposals outlined in the Markets in Financial Instruments Directive II (MiFID II), which is scheduled to be finalized in October. MarketAxess believes that:…
Virginie’s Blog – Things Keeping the Industry Awake at Night (About the LEI)
Standards are tricky beasts, they may be developed for one purpose and misused, and they are also often appropriated for purposes for which they were not initially intended. So choosing the right standard for something as important as legal entity identification (LEI) is obviously not a decision to be taken lightly and it is one…
NYSE Technologies Rolls Enterprise Ticker Plant
Based on several component products, NYSE Technologies has introduced its Enterprise Ticker Plant, designed to deliver market data to a wide variety of applications across a trading firm, from low-latency algorithmic trading systems to desktops running Microsoft Excel spreadsheets. Says Brian Doherty, global product manager for Data Fabric, the offering is essentially a productisation of…
Virginie’s Blog – MiFIR: A New Breed of Data Requirements
Rather than opting for an all in one directive to herald the second coming of MiFID, the European Commission has split the update into two parts: a regulation and a directive. The Markets in Financial Instruments Regulation (MiFIR) should be of particular interest to the data management community due to its focus on all aspects…
Virginie’s Blog – To Share or Not to Share?
As expected, the issue of data sharing across regulatory borders has proved to be a particularly controversial issue over recent months. A case in point is the recent response to the Financial Stability Board (FSB) by the Global Financial Markets Association (GFMA) on the subject of recovery and resolution planning, which suggests that home country…
Speed Bumps Ahead for FAST?
That might be the case for the FIX Adapted for Streaming (FAST) protocol, should a little known company with a litigious streak win the day. According to information that recently came to light, Realtime Data – which also does business as IXO – is in patent litigation with a number of banks, exchanges and market…
UK FSA Provides More Derivatives Transaction Reporting Data Details, Including Cleared Derivatives Reporting Requirements
Last month, the UK Financial Services Authority (FSA) launched its Zen transaction reporting and market surveillance system for the collection of Alternative Instrument Identifier (AII) codes and has opened a four month window for firms to adopt the codes ahead of the November deadline. Accordingly, this month’s FSA Market Watch newsletter is focused on providing market…
Virginie’s Blog – Reference Data @ Sibos
Ahead of Swift’s annual conference later this month, here’s a quick roundup of the reference data related sessions on the agenda for those heading to Toronto (and a preview for those of you who will be waiting for A-Team coverage of the event). In keeping with Swift’s extended ambitions in the reference data standards space…
Developing a Benchmark for Latency
FIX Protocol Limited (FPL) is the non-profit, global industry organisation focused on driving increased efficiencies and cost savings for the trading community. FPL is a membership-driven organisation that works closely with firms across the globe to develop standards that address the real business challenges impacting trading capabilities. The organisation has recently turned its attention to…