Novig Deploys Eventus Validus Platform for Trade Surveillance Ahead of Nationwide Expansion

Novig, the American sports prediction market, has deployed the Eventus Validus platform to provide trade surveillance for its exchange. This partnership follows Novig’s recent approval by the US Commodity Futures Trading Commission (CFTC) as a Designated Contract Market (DCM). This regulatory designation allows the company to operate as a federally regulated prediction market and launch a nationwide expansion this summer.

Novig selected the Validus platform for its ability to customise surveillance scenarios, such as wash trading and spoofing, to suit its specific market mechanics. The system offers cross-account and cross-market analysis to detect coordinated manipulation, alongside real-time and post-trade monitoring for clean forensic auditability.

Additionally, the platform provides straightforward integration with Novig’s internal systems and includes built-in case management workflows to streamline investigations. Eventus was chosen to support Novig’s long-term growth, offering the necessary scalability to handle increasing trade volumes and an expanding regulatory surface area.

SoftSolutions Integrates AI Capabilities Into nexRates Fixed-Income Trading Platform

SoftSolutions has integrated production-ready artificial intelligence into its nexRates fixed-income trading platform. The new tool allows traders to use plain language to automatically generate context-dependent Request for Quote (RFQ) layouts, workflow rules, and custom interfaces, eliminating the need for developer or vendor intervention.

The AI operates strictly within a predefined catalogue of platform fields and actions. Every configuration is schema-validated, previewed, and requires final confirmation from the trader. Crucially, the AI functions solely for decision support and desk configuration; it does not price, quote, or execute trades. All risk limits, compliance gates, and supervisor approvals apply throughout, preserving MiFID II and RTS 6 alignment.

Furthermore, the system analyses counterparty behaviour to propose concrete strategy adjustments based on client history and tiering. By bringing historical patterns into a single view, the AI facilitates faster calls while ensuring the trader retains complete command over every decision.

Trading Technologies Upgrades TT Trade Surveillance Platform with Market Replay Tool

Trading Technologies International (TT) has upgraded its TT Trade Surveillance platform, introducing a Market Replay tool and an enhanced enterprise case management user interface. The update improves the workflow, speed and scope of compliance investigations across equities, fixed income, foreign exchange, cryptocurrencies, futures and options. Live demonstrations of the system will begin tomorrow at the XLoD Global – London 2026 conference.

The Market Replay module functions as a forensic auditing tool, providing a tick-by-tick visual playback of the order book over a 90-day lookback window. Meanwhile, the upgraded cloud-based case management system enables global compliance teams to collaborate on historical data and manage investigations within a single workspace.

The hosted platform minimises false-positive alerts using user-configurable and core models. This includes a machine learning-powered spoofing model trained on regulatory data, which scores alert risks from 1 to 100 to help staff prioritise tasks. The system ingests and normalises multi-asset trading data from both TT and external platforms.

Plus500 Launches Sports Event-Based Prediction Contracts in the US

Plus500, the global multi-asset fintech group, has expanded its product suite in the US by launching CFTC-regulated sports event-based financial contracts. Enabled by the group’s proprietary technology, these contracts allow retail customers to trade on sporting outcomes using prediction markets. The offering combines Plus500’s institutional-grade execution, clearing, and risk management infrastructure with an intuitive user experience.

The launch utilises contracts from Kalshi, the authorised prediction market platform, integrated directly into Plus500’s proprietary futures trading platform. This addition significantly broadens Plus500’s next-generation prediction markets portfolio. By entering sports-based contracts -the highest-engagement category in prediction markets – the group aims to substantially expand its total addressable market within the US retail trading sector.

Waypoint Trading Solutions Enables Day-One Connectivity to Texas Stock Exchange

Waypoint Trading Solutions, a TNS business, has announced it will provide immediate connectivity to the Texas Stock Exchange (TXSE) from its launch day. This addition allows Waypoint clients to access the new platform alongside other exchanges and alternative trading systems, including all 22 US equities venues and overnight markets. Headquartered in Dallas, TXSE is a fully electronic national securities exchange backed by major global financial institutions, aimed at expanding access to US equity capital markets.

The integration leverages Waypoint’s established infrastructure, which is designed to streamline and secure global trading environments. The company’s capabilities are delivered through three core service areas: Radianz, which operates the world’s largest financial extranet for global connectivity; Xpress, a managed low-latency platform for high-performance market access; and Sentinel, a fully managed service supporting large-scale, complex market data operations.

Avelacom Completes Network Optimisations for Low-Latency Trading from Shanghai

Avelacom has completed a series of network optimisations from the Shanghai Tonglian Data Centre, to improve connectivity between Shanghai and major global financial hubs, including Hong Kong, Tokyo, Singapore, and Chicago.

The newly optimised routes deliver round-trip delays of under 16.5 milliseconds to Hong Kong, less than 50 milliseconds to Singapore, and under 24 milliseconds to Tokyo, which also supports onward connectivity to CME Group markets. These improvements facilitate latency-sensitive trading strategies, including onshore and offshore China trading, FTSE China A50 trading, and cross-market commodities trading between global derivatives markets.

As Shanghai maintains a key role in Asian trading infrastructure, these network upgrades address the growing demand from trading firms requiring deterministic, low-latency connectivity to deploy cross-market and cross-region strategies.

GTN and Koscom Partner to Build Global Order Hub for Korean Securities Firms

Global fintech provider GTN has signed an agreement with Koscom, the IT infrastructure provider for Korea’s capital markets, to develop a ‘Global Order Hub’. Signed on 16 June in Seoul, the partnership creates a next-generation order-routing infrastructure, offering Korean securities firms a single gateway to international markets. Under the deal, GTN will act as a single counterparty providing market access, while Koscom will deliver the underlying infrastructure.

Koscom, which is majority-owned by the Korea Exchange, the Korea Securities Depository, and local securities firms, selected GTN due to its multi-asset coverage and institutional network. Alongside this agreement, Koscom and GTN have signed a memorandum of understanding with Korean fintech QV Labs Inc. This separate collaboration aims to introduce value-added services, including global investment data for local investors and transaction cost analysis for overseas orders.

The agreement further expands GTN’s footprint in the Asia-Pacific region. It follows the firm securing a Type 1 licence from Hong Kong’s Securities and Futures Commission in March 2026, establishing a regional dual-hub alongside its existing operations in Singapore.

Mackenzie Investments Implements Bloomberg Multi-Asset Class Factor Model

Mackenzie Investments, a Canadian investment firm managing approximately $265 billion in assets, has adopted Bloomberg’s Multi-Asset Class Factor Model (MAC3). The implementation aims to strengthen the firm’s portfolio risk forecasting, factor exposure analysis, and fixed-income portfolio construction. MAC3 provides a unified view of factor exposures across equities, fixed income, commodities, and alternatives.

By adopting MAC3, Mackenzie Investments enhances its ability to identify factor-driven risks, detect unintended exposures from allocation shifts, and conduct forward-looking risk forecasting. The system also supports systematic back-testing, quantitative strategy validation, and portfolio optimization. Calculated daily across more than 3,000 factors, the model delivers precise forecasting and integrates smoothly into Mackenzie’s existing technology infrastructure via machine-readable formats and APIs.

The adoption builds on Mackenzie Investments’ existing relationship with Bloomberg. The firm already utilizes Bloomberg AIM for order management, Bloomberg PORT Enterprise for portfolio analytics, Bloomberg’s ESG Manager for data management, and Bloomberg Indices as benchmarks for its fixed-income funds.

AIQ Markets and MarketAxess Partner to Launch AIQ Insight for Fixed-Income Traders

New York-based AIQ Markets has partnered with electronic trading platform MarketAxess to develop AIQ Insight, an AI-native tool specifically designed to help fixed-income traders and portfolio managers analyse U.S. corporate bond market data and analytics more efficiently.

The platform allows users to search bond data, evaluate relative value, and build portfolios using natural language queries. To securely support investment decisions, the tool provides auditable answers backed by transparent data sourcing and strict governance controls.

As part of the collaboration, MarketAxess is piloting an exclusive version of the tool that integrates its own proprietary data feeds, including CP+ pricing information and Tradability scores. The launch signals an initial step in AIQ Markets’ broader strategy to deploy practical AI technologies that meet the increasing demand for efficiency and transparency in the fixed-income sector.

Trading Technologies and ICE Data Services Partner to Enhance Fixed Income EMS

Trading Technologies International, Inc. (TT) has entered into an agreement with ICE Data Services, a subsidiary of Intercontinental Exchange (ICE), to integrate ICE’s foundational evaluated prices and reference data into its new buy-side Fixed Income execution management system (EMS). As part of the partnership, TT will also offer its clients access to ICE’s Continuously Evaluated Price (CEP) market data feed

The new buy-side fixed income EMS is scheduled to launch later this year. Built natively within the TT multi-asset platform, the system will initially focus on USD Rates and Credit products. This integration enables clients to use their existing trading widgets and post-trade services, which are already established for futures, options, and foreign exchange (FX) markets.