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Equinix Takes Platform Approach to Solving Client Problems
Equinix is developing a platform-based approach to solving client problems. The platform will host next-generation services and continues the company’s journey, which started in 1998 with the offer of data centres and moved on to provide solutions including interconnection and cloud services, as well as a focus on developing a capital markets ecosystem. The modular…
BMLL Offers Access to Normalised Level 3 Data and Advanced Analytics at Scale
BMLL Technologies, a cloud-based data-engineering-as-a-service company, has released a derived data service that provides access to normalised, highly granular Level 3 data and advanced analytics. Typically, the company’s derived data capability can process 225 billion messages in a matter of hours rather than days at a significantly reduced cost, allowing market participants to consume bespoke…
Vela Extends List of Systematic Internaliser Data Feeds with Addition of IMC Electronic Liquidity Providing SI
Vela has expanded its provision of access to systematic internalisers (SIs) through its SMDS software-based feed handler with the addition of the IMC Electronic Liquidity Providing (ELP) SI. IMC is a technology-driven market maker that develops innovative technology and algos to trade multiple asset classes on more than 100 trading venues worldwide. The ELP SI…
Refinitiv Shareholders Agree Merger Deal with LSE, David Craig Remains CEO of Refinitiv
Following our review of the London Stock Exchange Group’s (LSEG) proposed acquisition of Refinitiv through a transaction valued at $27 billion, Refinitiv today announced that its shareholders have agreed definitive terms with LSEG on the acquisition. The approval of LSEG shareholders will be sought at a general meeting to be held before the end of…
Bloomberg Embeds Dow Jones News in Terminal Service
In a move once considered unthinkable, Bloomberg has begun distributing Dow Jones News and other Dow Jones publications for free as part of its Bloomberg Terminal offering. The Dow Jones news content will run alongside Bloomberg’s own news service, which comes bundled with the Bloomberg Terminal. Under the arrangement, which started this week, Bloomberg Terminal…
Redline Trading Extends RedlineFeed Market Data to Cloud Solutions
Redline Trading Solutions, a provider of high-performance market data and order execution systems for automated trading, has announced availability of RedlineFeed for access to real-time and delayed exchange market data for customer solutions deployed in the cloud. The initial release includes support for US equities top-of-book streams at Amazon Web Services (AWS) data centres. RedlineFeed’s…
Pico Reaches Agreement to Acquire Corvil, Plans Corvil-as-a-Service
Pico has reached a definitive agreement to acquire Corvil, a deal that will create a powerhouse providing managed trading technology services underpinned by sophisticated real-time performance analytics. The acquisition will combine Pico’s trading technology services with Corvil’s performance monitoring and analytics products to help clients gain greater insight into Pico’s managed electronic trading environments. Existing…
Johannesburg Stock Exchange Partners CME Group
The Johannesburg Stock Exchange (JSE) has partnered CME Group, a derivatives marketplace, to offer its first cloud solution. The move modernises JSE’s market data offering that now includes historical equity, equity derivatives, and currency derivatives in the cloud. The historical tick data will enable clients, traders and investors to assess trading opportunities, strengthen their market…
MarketAxess Develops Portfolio Trading Solution to Automate Workload
MarketAxess, operator of an electronic trading platform for fixed income securities and provider of market data and post-trade services for global fixed income markets, is developing a platform designed to reduce the manual workload of portfolio trades and improve competitive pricing. As a result of feedback from clients performing portfolio trades, an uptick in portfolio…
Seed CX Selects Corvil to Support Service Performance
Digital asset exchange Seed CX has selected Corvil to deliver trusted and timely intelligence to assure the performance of its platform. Built for institutional investors, Seed CX’s execution and settlement ecosystem seeks to establish a new standard for reliability and performance. Corvil provides visibility across the company’s client access options and proprietary binary protocol. This…