TradingTech Insight Brief
S&P Global Expands Dataset Availability in Databricks via Delta Sharing
S&P Global has broadened the scope of its data offerings in Databricks by making several S&P Capital IQ Pro datasets accessible through Databricks Delta Sharing. This move enables licensed users to directly query live financial, sustainability, and corporate datasets across investment, risk, and strategy functions without needing to ingest or replicate data. Delta Sharing, Databricks’ open-source data sharing protocol, supports real-time access with robust security and governance.
This initiative builds on previous collaborations between S&P Global and Databricks, including the integration of energy and commodities data and the development of the S&P Global Capital IQ Workbench. By reducing latency and data duplication, the enhanced integration aims to streamline workflows for users operating within the Databricks environment. S&P Global plans to continue expanding the range of available datasets on the platform.
ION Integrates FastTrade with Equiduct to Enhance Retail Best Execution
ION has successfully integrated and certified its FastTrade platform with Equiduct, enabling clients to access Equiduct Apex’s zero-commission Best Execution service. This development supports improved execution quality and enhances compliance with MiFID II Best Execution regulations.
The integration expands the execution venues available through FastTrade’s Best Execution Engine, a programmable tool that allows users to create tailored execution strategies. By incorporating Equiduct’s capabilities, ION strengthens its offering for clients navigating competitive, low-commission trading environments.
Trading Technologies Integrates EBS and FX Spot+ to Expand FX Offering
Trading Technologies International, Inc. (TT) has announced integration with the EBS Market central limit order book, enhancing its FX offering. The integration allows users of TT’s execution management system to access EBS Market for trading spot FX, precious metals, and non-deliverable forwards. TT also plans to support EBS Direct and CME Group’s upcoming FX Spot+ platform.
This expansion significantly broadens TT’s FX liquidity alongside its existing futures and options services. TT will be the first platform to offer the full suite of CME Group FX products across futures, options, and OTC markets. Responding to increasing client demand for platform consolidation and advanced trading tools, TT aims to facilitate seamless cross-trading and automation across asset classes, reinforcing its position in the evolving FX landscape.
Johannesburg Stock Exchange Enhances Global Trading Access with JSE-FIX and Colo 2.0 Expansion
The Johannesburg Stock Exchange (JSE), Africa’s largest stock exchange, has launched new initiatives to improve electronic trading access and infrastructure for both local and international investors. In partnership with Rapid Addition, the JSE introduced JSE-FIX, a new order routing service using FIX Community messaging standards. This service enables global investors to integrate South African equities into their portfolios with minimal system changes, supporting broader asset class trading and reducing transaction costs.
Additionally, the JSE has expanded its collaboration with cloud provider Beeks Group to launch Colo 2.0, a second co-location facility. Designed to offer low-latency, cost-efficient cloud services for brokers and institutional investors, Colo 2.0 is located close to the main matching engine and boasts a roundtrip latency of just 11 microseconds. With growing demand and enhanced resilience, this solution supports scalable trading operations in a market where AI and algorithmic trading are on the rise, reinforcing the JSE’s role as a key gateway for investment in Africa.
Baton Systems Integrates DTCC’s FICC and NSCC with Core-Collateral Network Ahead of SEC Mandate
Baton Systems has announced the integration of The Depository Trust & Clearing Corporation’s Fixed Income Clearing Corporation (FICC) and National Securities Clearing Corporation (NSCC) with its Core-Collateral network. This development provides Baton’s clients with direct access to FICC as they prepare for the SEC’s U.S. Treasury clearing mandate, which will come into effect on 31 December 2026 for cash transactions and 30 June 2027 for repo transactions.
The integration allows clients to streamline collateral management for US Treasuries cleared through FICC, offering real-time balance updates, eligibility schedules, and efficient instruction of asset movements. Baton’s solution enhances access and control, supports collateral optimisation, and facilitates compliance with upcoming regulatory changes. The first client is now live, managing collateral at FICC through the Core-Collateral network.
Trading Technologies Launches TT Strategy Studio for Multi-Asset Algorithmic Trading
Trading Technologies International, Inc. (TT) has launched TT Strategy Studio, a multi-asset algorithmic trading platform aimed at institutional trading firms, including quantitative firms, hedge funds, and energy companies. Announced during TradeTech Europe 2025 in Paris, the solution is part of TT Quantitative Trading Solutions (QTS) and is designed to allow firms to build, test, and deploy automated trading strategies while maintaining control over their proprietary code.
TT Strategy Studio supports data integration from a wide range of market sources across equities, options, futures, and foreign exchange. It offers back-testing capabilities, real-time monitoring, and compliance tools, enabling users to simulate and evaluate strategies across different market conditions. The software is certified for use on 70 global marketplaces, ensuring regulatory compliance. TT QTS staff also use the platform to develop proprietary algorithms and assist clients in strategy development and validation.
Instinet Rebrands RFQ Venue to “BlockMatch Select” to Expand Liquidity Access
Instinet, the global agency-only broker, has rebranded its BlockMatch RFQ venue as “BlockMatch Select”, in response to growing buy-side demand for improved access to liquidity. This change marks a strategic update in Instinet’s multilateral trading facility (MTF), which will now comprise three trading books: BlockMatch Dark, BlockMatch Select, and BlockMatch NT.
BlockMatch Select aims to enhance bilateral liquidity optimisation and streamline trading workflows. It offers automated access to a broad range of market participants and liquidity sources. Key features include seamless integration via Instinet’s execution platform, a configurable modular workflow for tailored liquidity targeting, and a regulated, transparent environment for risk and liquidity management. This update reinforces Instinet’s role as a key liquidity aggregator in electronic trading.
Options Technology Relaunches Integrated Desktop as AtlasWorkplace for Buy-Side IT Solutions
Options Technology has announced the relaunch of its Integrated Desktop product under a new brand, AtlasWorkplace, aimed at serving Hedge Funds, Private Equity firms, Asset Managers, and other financial services organisations. AtlasWorkplace is designed to provide a secure, scalable IT infrastructure that meets the unique operational needs of buy-side firms.
The platform combines managed services with personalised support, offering a complete Office and Desktop technology suite that includes Microsoft 365 integration and centralised identity management. It supports remote working, cloud and server environments (private, public, and hybrid), and includes 24/7 security monitoring and compliance support. Additionally, AtlasWorkplace incorporates AI capabilities, such as hosted large language models, Microsoft Copilot, and retrieval-augmented generation (RAG) tools, along with strategic services like Virtual CTO/CISO roles and cloud migrations.
Wealthsimple Adopts Eventus’ Validus Platform for Trade Surveillance
Wealthsimple, one of Canada’s fastest growing financial platforms, has deployed the Validus platform from Eventus, the trade surveillance and financial risk solutions provider, to conduct trade surveillance across asset classes. Wealthsimple manages over $50 billion in assets and serves more than three million clients, spanning trading, saving, and investing services.
The firm continues to expand its global footprint, recently securing trade surveillance, algorithmic monitoring and market risk mandates from a broad spectrum of market participants across the Americas, EMEA and APAC regions. Eventus also plans to roll out a suite of enhancements to Validus in 2025, including a new AI-driven initiative built on large language model (LLM) technology.
Kafi Securities Goes Live on Horizon Trading Platform to Drive Market Expansion in Vietnam
Horizon Trading Solutions, the electronic trading solutions and algorithmic technology provider, has announced that Kafi Securities Corporation, a financial services company based in Vietnam, has gone live on its trading platform. The deployment supports Kafi’s strategic goal of expanding into market making and advanced trading across the Ho Chi Minh and Hanoi Stock Exchanges.
Horizon’s platform, deployed on-premise and integrated with Kafi’s internal systems, provides Kafi with real-time access to Vietnamese markets, supporting its trading operations with tools for quoting, execution, hedging, and risk monitoring. Starting with market making for Warrants, Kafi now plans to extend its activity to ETF market making.