TradingTech Insight Best Execution & TCA The latest content from across the platform

A-Team Group Introduces 2021 Innovation Awards

Here at A-Team Group we have been working hard on plans to celebrate innovative projects and teams with the launch of our A-Team Innovation Awards. The awards are designed to reward teams that have found innovative ways to make use of new and emerging technologies to solve challenges at financial institutions in capital markets. The…

Eflow Pushes Performance of Trade Surveillance Platform with Refinitiv Market Data

Eflow, a London-based regulatory compliance firm, has added Refinitiv market data including tick history to its TZ trade surveillance platform. The data expands the company’s existing market data store and will increase the number of instruments and records available for testing in TZ. It will also strengthen the accuracy of any alerts generated. Refinitiv’s fast…

Recorded Webinar: Embedding AI & Machine Learning into your trading operations

It’s no secret that AI and Machine Learning are changing the landscape of the trading industry. As these tools and techniques become more mainstream, their availability to even the smallest of financial firms is becoming a more viable proposition.  From speech recognition and natural language processing (NLP) to deep learning algorithms and predictive analytics, these…

Talking TradingTech with Andrew Delaney: What’s the Real Deal on AI & Ml for Trading?

My first brush with artificial intelligence was in 1988, when the publication I was working on – the now-legendary Trading Systems Technology (I only recently broke the mug…) – ran an item on how some big Japanese bank in New York had built an ‘intelligent’ buy/sell signal engine based on neural networks. Fast forward to…

Quant House Partners with Italy’s EliData

Italian trading software developer EliData has integrated real-time market data sourced from QuantHouse’s QuantFeed API into its smart order router (SOR), arbitrage and best execution capabilities. The collaboration has already resulted in an implementation at a ‘major financial institution’ in Spain, and will be marketed jointly across Europe. Using QuantFeed, EliData is able to provide…

Societe Generale Luxembourg Taps big xyt for Execution Analysis

Societe Generale Luxembourg has deployed big xyt’s execution analytics platform at its multi-asset trading operation, which provides execution services to the French bank’s wealth management department and other investment management services aimed at high-net-worth investors. According to Mark Montgomery, head of strategy and business development at big xyt, Societe Generale’s use of the analytics platform focuses on its equity…

OMD Launches European Composite Tick Database

Tick data management specialist OneMarketData has released a European Composite Trade & Quote (ECTQ) Database, which aggregates data from 33 exchanges, multilateral trading facilities (MTFs) and dark pools. The offering is aimed at providing financial institutions with the data they need to perform transaction cost analysis (TCA) in support of the best execution and other regulatory obligations….

Tourmaline Secures Majority Investment from Copley to Fund Growth

Tourmaline Partners, which provides trading solutions to buy-side clients on an outsourced basis, has secured a majority investment from private equity firm Copley Equity Partners. The company will use the funds – terms weren’t disclosed – to finance its geographical expansion from bases in Stamford, Conn., London and Sydney, to expand its asset class coverage…

ESMA Relaxes Best Execution Reporting Requirements in Response to COVID-19

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has relaxed its requirements regarding the publication by execution venues and firms of the general best execution reports required under RTS 27 and 28 of MiFID II, in light of the COVID-19 pandemic. In a statement issued on 31 March, the regulator noted…