TradingTech Insight Analytics The latest content from across the platform

ION Group Acquires Allegro Development

ION Group has acquired Dallas-based Allegro Development, a commodity management solutions provider. The acquisition of Allegro is designed to expand ION’s footprint in commodities and its portfolio of enterprise solutions. Allegro intends to continue to expand its suite of offerings, while its clients can benefit from ION’s additional scale and offerings. ION last year acquired…

big xyt Extends Analytics Platform to Include TCA Functionality

Following consultation with clients, independent data analytics provider big xyt has added Transaction Cost Analysis (TCA) to its platform. The company’s aim is to apply analytics to create a consolidated view of a fully automated trading environment that traders can access to assess trends. big xyt solutions specialise in normalising and storing trade data. Using…

Trading Technologies Strengthens APAC Presence though deal with Philip Futures

Trading Technologies (TT), a provider of trading software, infrastructure and data solutions, has entered into an agreement with Singapore-based brokerage Phillip Futures to distribute the TT futures trading platform. Under the agreement, Phillip Futures will provide direct access to TT’s suite of trading tools, including Autospreader, integrated trade surveillance, and charting and analytics. TT’s platform…

Virtu Financial and MarketAxess Partner to Offer ETF and Fixed Income Products

Virtu Financial and MarketAxess have partnered to provide access to global exchange-traded funds (ETFs) and fixed income securities. The partnership will provide disclosed and anonymous ETF trading via a request-for-quote (RFQ) protocol. Doug Cifu, Virtu F CEO says clients of MarketAxess will have access to Virtu’s leading RFQ hub and will benefit from the seamless…

KRM22 Deploys Irisium Market Surveillance App on OpenFin OS

KRM22 has deployed its market surveillance desktop application Irisium on the OpenFin OS, making it the first compliance vendor to run on the operating system, which supports application interoperability. Irisium provides analytics tools to help financial services firms identify and manage potential risks including market abuse, fraud and operational issues. Using the app in the…

Simudyne Raises $6 Million to Develop Simulation Technology for Financial Services Firms

Simudyne, a simulation technology company, has closed $6 million Series A fundraising led by Barclays and including Graphene Ventures, an early investor in Snap and Lyft, and Gauss Ventures, an early investor in Revolut and Tandem, bringing total capital raised since Simudyne was formed to $10 million. The new funds will help Simudyne continue to…

OpenGamma Raises $10 million in Growth Funding

OpenGamma, a derivatives analytics provider, has raised $10 million in funding led by early-stage fintech and B2B software venture capital firm Dawn. The funding round included participation from existing investors CME Ventures and ex-SunGard CEO and fintech angel investor, Cristóbal Conde. OpenGamma’s analytics solutions are designed to help global banks, hedge funds and asset managers…

Infragistics and Adaptable Tools Bring Integrated Charting to Data Grids

Infragistics, a user interface component provider, and Adaptable Tools, provider of the HTML5 data grid add-on AdaptableBlotter, have allied to offer integrated, live charting within data grids. Users will be able to switch between charting and table views, and use other features that allow them to manipulate data. Some of the key features include live…

Itiviti Sets Product Direction and Commits to Managed Services Following Ullink Merger

Itiviti has set out its solutions and services offer following the merger of Itiviti and Ullink in 2018. The resulting unified portfolio covers the trade lifecycle across all asset classes and is split into two sections: Connect, which covers connectivity including the companies’ FIX products and tools, and the NYFIX order routing network; and Trade,…

Algorithmic Trading and Smart Order Routing Post-MiFID II

A-Team Group’s London TradingTech Summit on February 27, 2019 hosted a lively discussion on Post-MiFID II use of algorithms and smart order routers (SORs). Gavin Williamson, former managing director, global head of product development and regulatory change at HSBC, moderated the debate that ranged from total cost analysis (TCA) and pre- and post-trade analytics to…