Los Angeles-based Wedbush Futures, one of the largest non-bank Futures Commission Merchants (FCM) in the US, is switching from legacy products to Trillium’s Surveyor platform for trade surveillance. The Surveyor software qualifies alerts using full depth-of-book market data. It also offers next-generation detection, visualisation and workflow functionality to keep up with today’s demands for surveillance.
The surge in trading volumes combined with the emergence of new digital financial assets and geopolitical events have added layers of complexity to market activities. Traditional surveillance methods often struggle to keep pace with these changes, leading to difficulties in detecting sophisticated market abuses and increased regulatory risk. To address these challenges, financial institutions are...
In May 2024, the U.S. capital markets made the long-awaited transition to T+1 settlement, with RegTech company Symphony playing a quiet but pivotal role. The integration of its platform with DTCC’s Central Trade Manager (CTM) gave firms the ability to resolve trade contract breaks in real time, reducing the risk of settlement failure. “The DTCC,...
Our TradingTech Briefing in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.
They say time flies when you’re enjoying yourself, and so it seems the industry have been having a blast with its preparations for the introduction of the global legal entity identifier (LEI) next month. But now it’s time to get serious. To date, much of the industry debate has centred on the identifier itself: its...