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Recorded Webinar: Moving the trading technology stack to the cloud

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….

London Stock Exchange Rejects $37 Billion Acquisition Bid from Hong Kong Exchange

The London Stock Exchange Group (LSEG) has rejected the $37 billion conditional acquisition proposal made by Hong King Exchanges and Clearing (HKEX) to acquire the entire share capital of the London exchange last week saying it has ‘fundamental concerns about the key aspects of the conditional proposal’. These include the strategy, deliverability, form of consideration…

Bloomberg Extends Availability of B-PIPE in the AWS Cloud to Europe and Asia

Bloomberg is replicating the US release of its B-PIPE real-time market data feed in the Amazon Web Services (AWS) cloud in Europe and Asia. While a few clients are in production and others are working to get up and running in the US, Bloomberg is testing B-PIPE in the cloud in Tokyo and London with…

Vela Expands on Plans to Extend Reach of SuperFeed and Add New Data Types

Vela’s investment in its SuperFeed market data feed will extend the feed’s reach and add new data types, but what is the rationale behind the roadmap? We caught up with Vela CEO Jen Nayar to find out more. While SuperFeed already delivers high-quality normalised real-time market data and offers a blend of fast delivery and…

Glue42 Extends into Asia Pacific

Glue42, provider of a simplified desktop experience and interoperability for financial institutions, has made a reseller agreement with Chelmer to extend the connectivity of the desktop and its footprint into Asia Pacific. As part of its latest release, the company’s desktop users’ apps can now interoperate with third-party websites and web apps through browser extensions,…

Hong Kong Exchange $37 Billion Bid for London Stock Exchange Scuppers Latter’s Merger Plan with Refinitiv

The Hong Kong Exchange’s $37 bid for the London Stock Exchange (LSE) came out of the blue this morning, but has since rattled cages and raised questions about the LSE’s proposed $27 billion merger with Refinitiv, whether a deal of this sort would be acceptable to regulators, and how LSE shareholders will react to the…

QuantHouse Adds Goldman Sachs SIGMA X MTF Data to API Ecosystem

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…

Credit Suisse Securities Migrates from Outsourced Post-trade Solution to Torstone’s Inferno

Credit Suisse Securities (Canada) has selected Torstone Technology’s Inferno post-trade processing platform to replace its existing third-party outsourced solution and service. The project to migrate to Inferno is underway and focused on the firm’s institutional equities business. A key driver for the change was to move away from an outsourced operation and increase efficiency across…

genesis Adds Post-Trade Products, Plans Platform-as-a-Service Solution

genesis has brought its microservices framework, business component library and development acceleration tools to post-trade operations with a view to helping both sell-side and buy-side firms automate workflows and improve operational efficiency. The post-trade portfolio adds to other trading products built by genesis with anchor clients and then made available to the market, and will…

DTCC and Accenture Deliver Governance Operating Model for Distributed Ledger Technology

DTCC and Accenture have introduced a distributed ledger technology (DLT) governance operating model to manage the risks and consequences of the technology, ensure the safety and soundness of the network for the benefit of all participants, and better enable DLT to reach its full potential. The model is also a critical component of DTCC’s Trade…