TradingTech Insight Blogs The latest content from across the platform
7RIDGE Acquires American Financial Exchange to Accelerate Growth and Enhance AMERIBOR Adoption
The American Financial Exchange (AFX), an electronic exchange facilitating direct lending and borrowing for American banks and financial institutions, has announced its acquisition by 7RIDGE, a specialised growth equity firm investing in transformative technologies for financial services. The acquisition, which closed last week, aims to accelerate AFX’s growth trajectory, expand its network of members borrowing…
Behind LSEG’s Strategic Partnership with Microsoft: An Exclusive Insight
Introduction In the last 18 months, a number of tie-ups between major exchanges and hyperscale cloud providers have been announced. In November 2021, the news of CME’s $1bn investment and 10-year strategic partnership with Google was quickly followed by Nasdaq’s partnership with AWS to build a cloud-enabled capital markets infrastructure. More recently, London Stock Exchange…
Nasdaq Enhances Risk Technology Platform to Further Support Real-time Risk Management
Nasdaq has announced a series of enhancements to its widely-used risk technology platform, which helps the banking and broker-dealer community manage liquidity and market risk. The upgrades aim to assist firms in navigating extreme market conditions by providing a live view of risk across proprietary and client trading portfolios, along with detailed analytics to support…
Liquidnet Enhances Equities Trading Application with Actionable Alerts for Improved Execution
Liquidnet, the technology-driven agency execution specialist, has announced the integration of actionable alerts into its equities trading application, aiming to improve execution and alpha generation. The enhanced application is available to all US and Canadian clients and is powered by Liquidnet’s premium suite of algorithms. The new alerts enhance the application’s liquidity-seeking capabilities, offering traders…
Broadway Technology and Bloomberg: A Promising Collaboration
Last month, Bloomberg entered into an agreement to acquire Broadway Technology, LLC, a provider of high-performance fixed income trading and workflow solutions. In this exclusive interview for TradingTech Insight, Broadway Technology’s CEO, Michael Chin, discusses the background behind the deal, the synergy between the two companies, and what this partnership means for the future of…
Aquis Introduces World’s First 24×7 Regulated Market-Grade Exchange Matching Engine
Aquis Technologies, a division of Aquis Exchange PLC, has announced the launch of Aquis Equinox, the world’s first regulated market-grade 24×7 matching engine that eliminates the need for shutdown or downtime. Traditional exchange models and alternative finance exchange models often require downtime for tasks such as sequence number resets, maintenance, and software upgrades. Aquis Equinox…
TNS Implements Cloud-Based Trading Infrastructure Solution for Coinbase Derivatives Exchange
Transaction Network Services (TNS), provider of mission-critical infrastructure, connectivity, market data and analytic services for the Financial Markets community, has announced the deployment of a cloud-based financial trading infrastructure solution for the Coinbase Derivatives Exchange (CDE), bolstering the regulated futures exchange with improved network access and stability. The deployed solution features TNS’s recently unveiled Dedicated…
Parameta Solutions Gains Dual Authorisation as an ESMA-Approved Benchmark Administrator
Parameta Solutions, the global provider of over-the-counter (OTC) market data and a subsidiary of TP-ICAP, the world’s largest interdealer broker, has received approval as an ESMA-authorised benchmark administrator. This development establishes Parameta Solutions as the first data provider to administer OTC benchmarks and indices across Europe and the UK, positioning the company to deliver high…
Crédit Agricole CIB and SEB Unveil so|bond: A Sustainable, Blockchain-based Digital Bond Platform
Crédit Agricole CIB and SEB have announced the launch of so|bond, a sustainable and open digital bond platform powered by blockchain technology. The platform will allow issuers in capital markets to issue digital bonds on a blockchain network, enhancing efficiency and enabling real-time data synchronisation among participants. The blockchain network utilises a unique validation protocol…
SteelEye Integrates ChatGPT into Compliance Platform, Enhancing Market Surveillance Capabilities
SteelEye, the integrated surveillance solutions provider, has successfully incorporated ChatGPT 4 into its comprehensive compliance platform. The move comes as part of a case study aimed at assessing the AI tool’s potential in market surveillance applications. The case study findings indicate that, when implemented correctly and used judiciously, ChatGPT can substantially benefit surveillance investigations. By…