The US Bureau of Labor Statistics has restricted the pre-release of Labor Dept. economic data announcements to prevent pre-loading of potentially market-moving data into accredited news organizations’ clients’ trading algorithms, giving them an unfair advantage. According to the Office of the Inspector General, these news organizations were “are able to profit from their presence in the lock-up by selling, to traders, high speed data feeds of economic data formatted for computerized algorithmic trading. Because these news organizations have pre-release access, they are able to pre-load the data … allowing their clients to get this information faster than the general public.”
A-Team Insight Briefs
Date: 3 November 2020 Time: 10:00am ET / 3:00pm London / 4:00pm CET The Covid-19 pandemic has created new demand for financial information delivery infrastructure to accommodate the many trading and support personnel now working from home (WFH). For many firms, new cloud delivery and hosting capabilities offer a viable solution for supporting these staff,...
Altair has simplified the deployment and expansion for users of its Panopticon visualisation tool with a major new version release. Panopticon 2020 for the first time offers users a singular view into the full application lifecycle, allowing them more easily to create user-generated content, dashboards and analytical applications. The Panopticon platform is used by financial...
The TradingTech Summit in London brings together European senior-level decision makers in trading technology, electronic execution and trading architecture to discuss how firms can use high performance technologies to optimise trading in the new regulatory environment.
The Global LEI System – or GLEIS – has been in development since the middle of last year. Development has been patchy at times, but much has been done, leaving fewer outstanding issues, but also raising new questions. What’s emerging is a structure for the GLEIS going forward, complete with a mechanism for registering and...