TradingTech Insight Brief
Quant Insight Rolls Out RETINA 2.0, Enhancing Real-Time Notifications and Alerts
Quant Insight (Qi), the macro analytics provider for institutional investors, has rolled out the latest version of its AI-powered RETINA solution, which uses data science and analytics to process and macro and market information to identify key shifts in global financial markets.
The latest version offers added interactivity, with push notifications into Symphony or Slack, volatility alerts, and a performance table, summarising performance over the previous period.
The Broker Club and ACI UK Collaborate on Programme of Education and Community Activities
The Broker Club, the industry network for broker firms within capital markets and ACI UK, the community for individuals involved in FX markets, have agreed to collaborate on a programme of education and community events, for the mutual benefit of their respective member communities. The industry associations will also offer discounted membership to individuals and firms that join both clubs.
JamLabs to Launch Online Data Selling Platform
Toronto-based JamLabs Data Science, a full-stack data science solution and advanced analytics provider, is launching jShop, a cloud-based product management platform that will enable companies to monetise their valued data by creating online white-labelled stores.
jShop’s adapters will allow customers to quickly load and publish their data catalog from major platforms like AWS, Snowflake, and Databricks, reducing onboarding time from weeks to days, according to the company. Clients will be able to create licenses that charge according to gigabyte accessed, or based on slices selected by customers.
CQG Rolls Out New Cloud-Based Trading and Analytics Platform
Trading technology solutions provider CQG is conducting a phased roll-out of its new cloud-based trading platform, CQG One. The platform is designed for professional traders and institutional investors, and combines design features of the firm’s retail-oriented CQG Desktop platform with market data, charting, visualization and advanced analytics features of CQG Integrated Client, its professional trading platform.
The multi-asset, multi-broker platform will be available through futures commission merchants (FCMs) beginning in April, with new functionality added throughout the year. Institutional clients will be able to utilize a Windows-installed version of CQG One in the future.
Bloomberg Launches All-to-All Bond Trading Service
Bloomberg has launched Bloomberg Bridge, a new global all-to-all service that supports intermediated trading for corporate and emerging market bonds. Users of the service will be able to launch Request for Quote (RFQ) tickets for applicable securities or respond to an RFQ to seamlessly execute a trade, supported by dedicated Goldman Sachs intermediation desks.
The service, which is designed to offer users the ability to source a deep pool of liquidity from Bloomberg’s global network of institutional investors and dealer firms, is scheduled to go live in Europe in Q2 2022, followed by the US and APAC.
BidFX Integrates with Finastra, for Automated Trading Workflow
BidFX, the FX execution management system (EMS) vendor, has integrated its platform with Finastra’s Fusion Confirmation Matching Service (CMS), providing combined front office to back office workflow capabilities for mutual clients, from execution to settlement.
The end-to-end workflow provided by the combined BidFX/CMS solution aims to increase straight-through processing and reduce operational risk for clients.
Integral Deploys FX Workflow Technology at Singapore SG1
Integral, technology provider to the buy-side, has announced that the IntegralFX service is now available in Singapore’s SG1 data centre, enabling local clients in Singapore to deploy pricing engines, algos, connectivity and distribution tools, as well as making prices, obtaining liquidity and hosting algorithms in a low latency configuration.
Integral’s platform provides banks, brokers and other market participants with a complete eFX sytem for their internal traders and external customers, and is the first complete cloud-based FX workflow SaaS platform in SG1, according to the company.
Pico Expands RedlineFeed to APAC with the Addition of Two Chinese Exchanges
Following its acquisition of Redline Trading Solutions earlier this year, Pico has expanded RedlineFeed’s global coverage beyond European and US markets into APAC, with the addition of normalised market data for Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE).
The service is available at Pico’s colocation facility at the Hosting Services Data Centre of Hong Kong Exchanges and Clearing Limited (HKEX), where Pico delivers SSE and SZSE market data over PicoNet, for receipt and consumption across global regions.
Horizon Adds Gateway to Binance Crypto Trading Platform
Automated trading solutions and algorithmic technology vendor Horizon Software has added crypto exchange Binance to its list of its cryptocurrency gateways, providing connectivity for its clients to trade crypto spot and futures contracts on the exchange. Through its algo framework and principal trading features, Horizon now enables users to trade a range of crypto strategies 24/7 on Binance, as well as other crypto platforms such as Coinbase, Kraken, Bitstamp and Bittrex.
Refinitiv Teams with Microsoft, ModuleQ to Launch AI Alerts
Refinitiv has launched a market-data powered intelligent assistant, Refinitiv AI Alerts, designed to provide personalized, timely and actionable market insights for financial professionals. The product is powered by AI specialist ModuleQ, and is the latest solution to be launched as part of Refinitiv’s collaboration with Microsoft, announced in 2020. User-specific content suggestions and alerts are driven by ModuleQ’s proprietary algorithms and Refinitiv’s Intelligent Tagging service, and are linked back to Refinitiv Eikon and Workspace for deeper analysis and action.