TradingTech Insight Blogs The latest content from across the platform
Trading Technologies to Acquire Abel Noser Solutions, Expanding into Multi-Asset Data and Analytics
Following its recent expansion into the foreign exchange (FX) market with the establishment of a new FX business line, TT FX, and its entry into the fixed income space with the acquisition of AxeTrading in March, Trading Technologies International, Inc. (TT), the global capital markets technology platform provider, has entered into a definitive agreement to…
TNS Partners with TRAFiX to Enhance Order Execution and Routing Management Systems in Canada
Transaction Network Services (TNS), the infrastructure, connectivity, market data and analytic services provider, has announced a strategic partnership with trading and connectivity solutions provider TRAFiX. The collaboration aims to expand TRAFiX’s order execution and routing management systems on TNS’ Dedicated Server across Canadian financial exchanges. TRAFiX will operate out of the Equinix TR2 Data Center…
A New Era of Bond Trading: Leveraging Automation and Liquidity Score Splitting
By Vuk Magdelinic, CEO, Overbond. Bond traders face a set of challenges not seen in most other markets for tradeable securities. There’s no comprehensive centralized record of fixed income trade price or size data because most bonds are traded over-the-counter. Additionally, many bond issues are small and trade infrequently or not at all. As a…
SEC Imposes $289 Million in Penalties on 11 Firms for Electronic Communications Failures
The US Securities and Exchange Commission (SEC) has taken action against 11 firms for consistent and long-standing failures in maintaining and preserving electronic communications. The 11 firms, 10 broker-dealers and one dually registered broker-dealer and investment adviser, admitted violating recordkeeping provisions of the federal securities laws and have agreed to pay a collective penalty of…
Tradeweb Partners with LSEG’s FXall to Launch FX Swap Workflow Solution for Emerging Markets Bonds
Tradeweb Markets Inc., the electronic marketplace operator for rates, credit, equities and money markets, has launched FX Swap Workflow, a multi-asset solution designed to streamline the trading of Emerging Markets (EM) products for institutional investors. The product, developed in collaboration with LSEG’s electronic global currency platform, FXall, integrates trading workflows for local currency EM bonds…
MarketAxess to Acquire Quantitative Trading Tech Provider Pragma
MarketAxess Holdings Inc., the electronic trading platform operator for fixed-income securities, has agreed to acquire quantitative & algorithmic trading technology specialist Pragma. Pragma provides broker-neutral, multi-asset trading & execution solutions across equities, FX and fixed-income, and is used by asset managers, hedge funds, broker-dealers, banks, and exchanges across the globe. It managed over $2 trillion…
TNS Introduces TNS Cloud–Server Management Suite to Streamline Trading Infrastructure
Transaction Network Services (TNS) has expanded its TNS Cloud platform with the launch of the TNS Cloud–Server Management Suite. Following the introduction of the company’s dedicated server offering designed for high-performance trading in February, the new service adds hands-on management to TNS’ bare metal servers and ultra-low latency trading connectivity, aiming to significantly reduce the…
The Journey to T+1 Settlement: An Inside Look with Xceptor
With now less than ten months to go until the proposed live date for the transition to T+1 settlement in North America, most firms are deeply embedded in projects that will enable them to achieve that deadline, with major firms beginning their first phase of testing this month (August). However, multiple challenges still exist. In…
It’s Time to Control FX Credit
By Andrew Coyne, Founder, CobaltFX. The Global Forex Exchange Division (GFXD), the industry body which focuses on improving FX industry infrastructure, has published a paper highlighting the need for Dynamic Credit management and allocation tools in the FX market. In my view, the over-allocation of static credit limits has been an issue for far too…
The Future for Trading in the Cloud
By Mike Powell, CEO, Rapid Addition. If the picture of cloud adoption by trading firms and market services providers is a little grey today, is the outlook brighter tomorrow? A survey of 20 capital markets organisations commissioned by Rapid Addition and conducted by A-Team Group suggests the mixed appetite for public cloud could change if…