Goldman Sachs has teamed up with QuantHouse to accelerate market data distribution from its SIGMA X European multilateral trading facility (MTF). The data is accessible via the QuantHouse API Ecosystem and can be used to identify auctions and find potentially untapped, addressable liquidity. SIGMA X MTF offers deep and diverse liquidity on the basis of non-discretionary crossing with flow from external participants and the Goldman Sachs franchise. A recent analysis of SIGMA X MTF auction activity by Goldman Sachs found there is often a surplus of unexecuted liquidity in periodic auctions.
A-Team Insight Briefs
Migration of financial apps and data to the cloud is well underway as financial institutions take the opportunity to cut the cost of running systems on premise, scale as and when required, and spin up test environments quickly and inexpensively. Moving the trading technology stack to the cloud is a different and more difficult proposition....
An interesting win for Pico, which has been selected by Nomura to build, host and manage a new platform supporting its latest innovation programmes in foreign exchange (FX) and rates trading businesses. The Nomura FX trading platform is colocated in data centres based in New Jersey (NY4), London (LD4) and Tokyo (TY3). With more efficient...
Now in its 4th year, the RegTech Summit in NYC explores how the North American financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.
They may be complex and burdened with a bad reputation at the moment, but derivatives are here to stay. Although Bank for International Settlements figures indicate that derivatives trading is down for the first time in 10 years, the asset class has been strongly defended by the banking and brokerage community over the last few...