A-Team Insight Brief
Parameta and Zema Expand Access to OTC Energy and Commodities Data
Parameta Solutions and Zema Global have expanded their partnership to provide Zema customers with access to Parameta’s OTC energy and commodities market data through Zema’s Decisioning Infrastructure.
The agreement will make Parameta’s end-of-day indicative pricing available across global markets including oil, natural gas and LNG, power, coal, environmental markets and metals. The broker-sourced data is used for functions including position valuation, risk management and the construction of pricing and forward curves.
Zema’s platform centralises market and proprietary data and automates its validation, transformation and distribution across systems including ETRM, CTRM, ERP, treasury, data lakes and analytics environments. The companies said the integration is intended to reduce the need for firms to maintain separate data ingestion processes while making independent OTC pricing data available directly within existing energy and commodities workflows.
Sterling Launches STRIDER for 24-Hour Web and Mobile Trading
Sterling Trading Tech has launched STRIDER, an AI-driven web and mobile trading platform designed to support increasingly global and extended-hours trading.
The platform provides 24/7 access to US equities and options trading through browsers and mobile devices, covering workflows ranging from straightforward equity execution to complex options strategies. It is interoperable with Sterling’s desktop environment and integrated with its OMS 360 platform.
STRIDER incorporates AI capabilities within Sterling’s back-end infrastructure, which the company says will support scalability, responsiveness and optimisation of the trading experience as markets move towards longer operating hours.
The device-agnostic platform combines execution functionality with real-time market information, charting and analytics. Its integration with OMS 360 also gives traders real-time visibility into portfolio margin, P&L, buying power and risk, allowing positions and trading activity to be managed consistently across desktop, web and mobile environments.
SIX x-clear Extends Clearing to US Equities
SIX is expanding its post-trade offering with a new clearing segment for US securities, enabling European clients to trade and clear US instruments through its interoperable central counterparty, SIX x-clear. The service will operate within a European framework, with extended clearing hours aligned with the US market close and settlement through DTCC. Initial coverage will focus on S&P 500 constituents, with scope to expand to additional securities over time.
The move extends SIX x-clear’s capabilities beyond European markets and is intended to provide clients with longer trading and clearing windows alongside streamlined access to US equities and post-trade processing.
Pan-European retail-focused exchange Equiduct is expected to become the first trading venue to launch under the framework. SIX said the initiative is partly aimed at supporting growing European retail investor participation in US equities while allowing its clients to manage those flows through existing clearing infrastructure.
ION and Coinbase Scale Infrastructure for Kalshi Event Contracts
Coinbase has selected ION’s XTP for Event Contracts to support clearing for Kalshi’s prediction market, providing automated, real-time processing for event-based contracts. The platform supports contract creation, resolution and settlement alongside real-time execution processing, with automated 24/7 operations and capacity to onboard tens of thousands of accounts per day.
ION and Coinbase began working together to support Kalshi’s event contract listings in December 2025. During the initial rollout, XTP processed its first one million trades over Super Bowl weekend.
ION said the technology enables Futures Commission Merchants (FCMs) to manage event contracts alongside existing exchange-traded derivatives and cleared OTC business within a single platform, using native reporting, automated settlement and multi-exchange connectivity.
The deployment comes as prediction markets continue to attract greater institutional interest, placing increased demands on the clearing and post-trade infrastructure supporting high-volume, round-the-clock trading.
SIX Launches API-Based European Market Data Service
SIX has launched SIX Market Signal, a new API-based marketplace providing real-time and historical European market data to institutional and retail users. Its core product, 1BBO, provides a real-time European cash equities stream showing best bid and ask prices using order-book data from SIX Swiss Exchange and BME Exchange, alongside 16 European markets covered by Aquis Exchange.
For institutions, SIX is positioning the service as a way to extend market data beyond execution desks into areas including wealth management, benchmarking and compliance. Users are also licensed to use the data for training trading models and AI agents.
The service uses viaNexus technology for real-time distribution, entitlement management and cloud API delivery. SIX Market Signal is available to institutional users and Swiss retail investors now, with retail availability in the EU and UK planned subsequently.
Trading Technologies Adds FairXchange Analytics to FX Platform
Trading Technologies (TT) has integrated FairXchange Horizon into its institutional FX platform, adding independent execution and liquidity analytics across spot FX, forwards, non-deliverable forwards and swaps. The integration gives clients access to FairXchange’s microstructural analytics directly within the TT platform, allowing them to measure execution quality, analyse trading flows and liquidity-provider performance, and assess counterparty relationships.
FairXchange, part of United Fintech, specialises in independent FX liquidity and algorithmic execution analytics. The partnership is intended to address growing institutional demand for greater transparency around execution performance and liquidity optimisation.
FIX Extends Electronic Trading Standards to Securities Lending
The FIX Trading Community has published new guidance for electronic securities lending, establishing common workflow practices designed to support greater automation across the market. The guidelines provide a standard electronic messaging framework for securities lending contracts conducted bilaterally or through trading venues. They cover quote negotiation workflows, last look and Free of Payment (FOP) lending, and build on earlier FIX practices covering US equities, corporate bonds and DTC-eligible DVP US cash collateral contracts.
Developed by a working group spanning buy- and sell-side firms, vendors and venues, the framework is intended to reduce the cost and complexity of integrating different securities lending platforms and workflows.
FIX said a common protocol should also improve operational resilience and make it easier for firms to connect to new venues and trading protocols as securities lending becomes increasingly electronic, while providing a foundation for further market structure and workflow innovation.
Daloopa Opens its AI Excel Agent Scout to General Use
Daloopa has made its artificial intelligence-powered financial modelling agent, Scout, generally available to clients. Scout enables analysts to build and update financial models directly in Excel using plain-language commands.
Models created by the software draw from a structured database containing financial records for more than 6,000 global public companies.
Thomas Li, Chief Executive at Daloopa, said: “Analysts should spend their time applying judgment, not on the manual, error-prone work of building and updating models.”
The product features custom tools to store frequent prompts, automated formatting controls, session history tracking and hyperlinked citations linking figures to original filing sources. The launch builds upon the financial data and AI automation platforms’s broader portfolio of research tools designed to reduce manual data entry during the investment evaluation cycle.
NetApp’s ONTAP Gives Access to VMware Cloud Foundation 9.1
NetApp has validated its ONTAP platform capabilities to support VMware Cloud Foundation 9.1, enabling mutual customers to lower costs, recover from cyber attacks and deploy artificial intelligence software.
First-party cloud storage services from the data infrastructure company are certified to support the cloud platform across major hyperscalers, enabling workload movement without code alterations.
Alvaro Celis, Chief Partner and Ecosystem Officer, said the new support ensures customers can operate across environments while safeguarding operational investments.
Updates include new backup tools, recovery systems and support for containerised Kubernetes workloads within the unified infrastructure. Broadcom and NetApp previously collaborated on private cloud operations, with Broadcom delivering the underlying platform to run traditional and modern software.
Vermeg and CBUAE Select MACH DLT for New Securities Depository
Technology provider Vermeg and the Central Bank of the UAE (CBUAE) have selected Delta Capita’s MACH Distributed Ledger Technology (DLT) to power a new Digital Asset Securities Depository (DASD).
This initiative is part of Vermeg’s broader mandate, awarded by the CBUAE in April 2026, to design and deliver an integrated conventional and digital Central Securities Depository (CSD) platform and unified collateral management solution for UAE government debt and Sukuk. The MACH DLT integration will enable native digital sovereign issuances, tokenisation of existing assets, and real-time T+0 settlement.