A-Team Insight Blogs The latest content from across the platform
SGX Reaches for Lower Latency
So, Singapore Exchange’s Reach matching engine went live today as planned. Based on Genium Inet technology from Nasdaq OMX, it matches in less than 90 microseconds, door to door, whatever that means. The new system is part of a $250 million upgrade by SGX, also including a new data centre and co-lo facilities. Apart from…
AFME Pledges Support for a Consolidated Tape, Gathers Info on Post-Trade Transparency for Non-Equity Markets
As part of its response to the European Commission’s proposals under the second iteration of MiFID, the Association for Financial Markets in Europe (AFME) has championed the cause of a consolidated tape for post-trade equity data in the region. However, although it acknowledges the need for greater transparency in the non-equity markets, the industry association…
Virginie’s Blog – The Real Cost of Recovery and Resolution in the UK?
This week, the UK Financial Services Authority (FSA) has published its proposals for recovery and resolution planning requirements, which follow on from the Financial Stability Board’s (FSB) recommendations (see more on which here) and much regulatory discussion across the globe on the subject (see the FSA’s discussions from last year here). The regulator estimates that…
Costs of Living Wills Requirements Likely to be Considerable But Are Hard to Estimate, Says Kinetic Partners’ Shrimpton
The UK Financial Services Authority (FSA) has just released a new consultation paper on its proposals for recovery and resolution planning requirements, which estimates that the direct costs of implementation will be between £4 million and £35 million for “high impact” firms and the ongoing compliance costs to the industry will be between £150 million…
Just One To Go For TradElect
With Oslo Børs moving to the LSE’s Millennium Exchange technology sometime soonish, it looks like flicking the off switch for TradElect is moving closer. The exchange has already migrated its main market and its Turquoise MTF to Millennium, so moving Oslo’s market will mean just Borse Italiana remains in the slower-latency world. It does all…
SIX Telekurs and TNS Intensify Collaboration to Target Growth in Asia
Financial information provider SIX Telekurs and Transaction Network Services, a global data connectivity provider, are intensifying their collaboration to source real-time market data from high growth financial centres in Asia. TNS will host communications between market data sources in Asia and SIX Telekurs? regional data centre in Singapore. Significant among the data sources are stock…
IMS Launches SEC Service to Help Advisers & Managers Cope with Dodd-Frank
A new service has been developed by The IMS Group (IMS), the leading regulation and compliance consultancy, to meet the needs of non-US based investment managers affected by the imminent implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act. More than three quarters of the hundred delegates at a recent IMS conference expressed…
Sifma Kicks off Industry Feedback to SEC on Proposals for Dealing with Unclaimed Securities, Further Clarity Needed
Sifma has been one of the first industry groups to raise concerns about the Securities and Exchange Commission’s (SEC) proposals regarding the introduction of new requirements for broker-dealers and transfer agents to collect data on lost or missing security holders. The association (one of around a dozen to respond initially) is asking the regulator to…
Getting to Grips with Latency for HFT in FX
There has been much discussion recently around the impact of high frequency trading (HFT) on the financial markets. There is no doubt that the concept of HFT, analysing market information such as stock prices to implement proprietary trading activity in a matter of seconds, has many advantages. This includes greater market liquidity, lower transaction costs…
XTF Data Now Available on RIMES
RIMES Technologies, the award-winning benchmark data service provider, today announced that it has become the first data integrator to offer ETF ratings and analytical data from XTF, the global research and advisory firm dedicated to helping investors harness the power of Exchange Traded Funds. XTF offers a focused range of technical and fundamental research, financial…