TradingTech Insight Brief
OSTTRA Enhances Network to Provide Real-Time Visibility of Eurex ETD Trades
OSTTRA, the global post-trade solutions company, is enhancing its network to give market participants a real-time view into the status of Exchange Traded Derivative (ETD) trades cleared through Eurex.
The enhanced connectivity, scheduled to go live in March 2023, will enable Eurex to send investment managers booking confirmations for their allocations via OSTTRA ClientLink for ETD, delivering live status updates on which trades have been given up, claimed and cleared.
Broadridge Builds Unified Trading Interface Using Glue42
Broadridge Financial Solutions has announced that clients can now access unique functionality from multiple Broadridge solutions via a single user interface, built using technology from Glue42, the integrated desktop technology vendor.
The new technology, available now in the United Kingdom and launching soon in the European Union and the United States, will deliver interoperability to users via a single login, providing clients with a framework for linking interfaces from multiple Broadridge products, including the Ullink OMS and Tbricks.
Pico Partners with BSO to Expand Global Crypto Access
Pico, the managed services, software, data and analytics provider, has expanded its partnership with BSO, the infrastructure and connectivity provider, to offer clients access to global crypto exchanges through the combination of BSO’s Crypto Connect service and Pico’s PicoNet.
BSO’s Crypto Connect offers global, low-latency, cloud-to-cloud connections into leading digital asset exchanges. The expanded partnership will provide clients access to over 35 such exchanges in addition to more than 300 global venues currently available on PicoNet.
swXtch.io Integrates Timebeat’s Precision Time Protocol into cloudSwXtch
Following the recent launch of its cloudSwXtch high performance networking product for the cloud, swXtch.io, a wholly-owned subsidiary of IEX Group, has deployed and integrated Timebeat’s Precision Time Protocol (PTP) into the cloudSwXtch technology, enabling clock synchronization across hybrid cloud networks.
The integration of the Timebeat PTP into cloudSwXtch adds standard PTP access to the hybrid cloud and hybrid networks, bringing cloud capabilities in line with on-premises networks.
oneZero Adds Cboe FX & State Street to Liquidity Network
Multi-asset enterprise trading technology solutions provider oneZero has expanded its ecosystem by adding Cboe FX and State Street to its network of FX liquidity providers and venues.
Cboe FX will take advantage of custom liquidity pools to meet participants’ execution criteria, with configurable firm and non-firm streaming quotes for tailored liquidity needs. State Street will utilize both shared and tailored streams via direct relationships with their liquidity consumers, in order to be able send clients a customized blend of liquidity.
Anadolubank Goes Live on Murex’s MX.3 with MXGO
Turkish bank Anadolubank has gone live on Murex’s MX.3 platform using MXGO, its pre-packaged treasury and trading solution designed for fast-growing local banks. MXGO is a modular front-to-back-to-risk business solution based on the MX.3 cross-asset platform, which can be deployed on-premises, on the cloud or via a fully managed SaaS approach.
Anadolubank targeted a multiple asset class platform – including FX, FXD, MM, FI, IRD and SecFin – to grow its treasury and capital markets activity. The bank selected MXGO to optimize time to market and total cost of ownership while upscaling its pricing, risk-monitoring and position-keeping capacities and laying solid foundations for future evolutions.
Avelacom Launches One-Stop Access to Cboe Europe Derivatives (CEDX)
Avelacom, the low latency connectivity, IT infrastructure and data solutions provider, has launched a one-stop shop for low latency connectivity, IT infrastructure and market data solutions for pre-trade and execution on Cboe Europe Derivatives (CEDX), the pan-European equity derivatives marketplace.
Avelacom’s point-of-presence (PoP) in Equinix LD4 is now directly connected to CEDX’s infrastructure. Avelacom’s PoP is also connected to 80+ trading venues through its global low latency network.
FIA Launches Online ETD Tracker
FIA, the global trade organization for the futures, options and centrally cleared derivatives markets, has launched the FIA ETD Tracker, a new interactive tool on its website that provides insights on trends in the trading of futures and options on exchanges worldwide.
The ETD Tracker, based on data collected from approximately 80 exchanges around the world, consists of visualizations that allow users to view monthly volume and open interest data, including filters based on instrument, region and jurisdiction as well as asset group and product type, allowing users to focus on particular segments of the global exchange-traded derivatives markets.
Trading Technologies Adds Support for Four Major APAC Exchanges to TT Premium Order Types
Trading software, infrastructure & data solutions provider Trading Technologies is extending the market coverage of its TT Premium Order Types to include four major APAC exchanges. Singapore Exchange (SGX) is available now, and Australian Securities Exchange (ASX), Hong Kong Exchanges and Clearing Limited (HKEX) and Japan Exchange Group (JPX) will be available by the end of this year.
TT Premium Order Types are powered by proprietary technology to enable users to optimally manage orders and improve trade execution by using built-in, product-specific market intelligence that clients can employ across a range of global marketplaces.
Alveo Expands Data Coverage with New Content from SIX
Alveo, the cloud-based market data, analytics and Data-as-a-Service (DaaS) solutions provider, has expanded its global data coverage and feed integrations by adding new content from SIX, including sentiment indicators, tax, and regulatory risk data.
By directly integrated the new content into is DaaS offerings to support critical customer workflows and databases, Alveo aims to help customers self-serve and quickly realise the value of SIX data sets, including its global security master and historical pricing data already available via Alveo.