TradingTech Insight Blogs The latest content from across the platform
Luminex Teams with LeveL for ATS Matching Engine Upgrade
Buy-side block trading platform operator Luminex Trading & Analytics has launched a new, faster matching engine using technology provided by erstwhile competitive platform LeveL ATS. The new platform represents what Luminex calls a “dramatic speed upgrade” to the matching engine behind its dark pool, which is available only to buy-side institutions. Luminex launched in 2015…
Time for Exchanges to Overcome Longstanding Barriers to Fair Pricing
By Sylvain Thieullent, CEO of Horizon Software. From Euronext beating off stiff competition for the Milan stock exchange, to Cboe agreeing to purchase block trading venue BIDs, October was quite the month for exchange deal making. But given how so many post-2008 regulations aimed to increase exchange competition as opposed to reducing it, this recent…
QuantHouse Boosts Backbone Capacity to 100G Using Arista
Iress’s QuantHouse market data and infrastructure subsidiary has upgraded its data centre backbone connections globally to 100 Gigabit capacity to address the rigours of the ongoing market volatility. The upgrade is part of a wider infrastructure enhancement aimed at meeting three business objectives designed to enhance performance and resilience while adding customer self-service capabilities. As…
ION to Spin Off Broadway’s Bond Platform in CMA Deal
ION Investment Group will spin off the fixed-income operations of acquisition target Broadway Technology to an investor group led by Broadway CEO Tyler Moeller, under a deal forged with the UK Competition & Markets Authority. The arrangement paves the way for regulatory approval of the transaction. The CMA deal leaves ION to focus on Broadway…
What AAPL and TSLA Taught Us About Market Data Quality
By Stephane Dubois, Founder and Chief Executive Officer, Xignite. Over the last two to three years, several vendors have come into the market data space focused on selling financial data cheap. This is not a new phenomenon. We have seen it happen time and time again. After all, Xignite’s first API sold for as little as…
BCC, Push and Baker Team Up to Offer Cloud Market Data Solution
The ongoing buzz around cloud-delivered market data continues with news of a partnership between BCC Group, Push Technology and Baker Technology. The collaboration is aimed at offering an end-to-end solution to optimize, control and accelerate market data delivery in cloud environments. The initiative brings together three solution providers specialising in distribution, integration and presentation of…
Itiviti Seeks First-Mover Advantage through Shift to Cloud
Nordic Capital-owned trading technology provider Itiviti is seeking first-mover advantage from its plans to make its entire electronic trading platform available through the cloud. The company last month announced a collaboration with data specialist Data Canopy and tech consultant Ingram Micro to adopt a hybrid private-public cloud strategy for its suite of trading technology services,…
VoxSmart Launches Markets Segment to Focus on Trading Clients
Following on the heels of its recent partnership with Eventus Systems, and a $7 million Series B investment from NatWest earlier in the year, communications surveillance specialist VoxSmart has created a new Markets division to focus on serving the financial markets segment. The new segment will be dedicated to strengthening VoxSmart’s products and services for…
Citihub Acquired by New York’s Synechron
New York-based financial technology consultant Synechron has acquired UK consulting firm Citihub Digital. Terms of the transaction weren’t disclosed. Between them, the two companies count as clients nine of the top 10 global banks. Synechron’s specialization in digital transformation work will be complemented by Citihub’s capabilities in application modernization, cloud enablement, cybersecurity and operating model transformation….
SteelEye Joins Forces with Refinitiv on RegTech Suite
SteelEye, the compliance technology and data analytics firm, has incorporated Refinitiv market data on its RegTech platform in a bid to help its clients enhance their compliance and analytics capabilities. Refinitiv provides one of the widest ranges of cross-asset data available, with 7.3 million price updates per second for over 84 million instruments and 2.5…