TradingTech Insight Market Data & Analytics The latest content from across the platform
Corvil Readies Artificially Intelligent Cyber Security Service
Financial analytics service provider Corvil plans to take its new Cara virtual cybersecurity service from beta mode to fully operational at the end of June, according to David Murray, chief business development officer at the company. Cara is designed to meet security needs of electronic trading operations, to protect trading business against cyber attacks, and…
FRTB’s First Steps and Stages
The Fundamental Review of the Trading Book (FRTB) regulation being instituted by the Basel Committee on Banking Supervision (BCBS) in January 2019 is the de facto successor to the global banking supervision organisation’s Basel III guidelines on market risk and capital adequacy. Financial services firms are beginning to consider the demands FRTB makes on their…
Portware AI System Growth Leading To ‘Bionic’ Trading
Building on the expansion of its Alpha Pro artificial intelligence agent for trading, begun in November, trade execution management system (EMS) provider Portware is moving toward what its CEO, Alfred Eskandar, calls a “bionic trading desk.” From March 2009 to March 2017, Portware’s Alpha Pro technology has delivered 133 basis points in return on micro…
xCelor, CIARA Pair Servers and Market Data Feeds
Low-latency trading solutions provider xCelor has partnered with high-frequency trading technology server company CIARA to integrate xCelor market data feed handlers with CIARA Orion HFT servers. The partnership and the integrated technologies, which are live in production, provide low-latency trading to user firms so that they need not spend resources on IT engineering to achieve…
Recorded Webinar: Learning from MiFID II for CAT reporting and data management
Compliance with the SEC’s Consolidated Audit Trail (CAT) regulation is just over 18 months away, meaning broker dealers within the scope of the regulation need to get started on their response. Like Markets in Financial Instruments Directive II (MiFID II), CAT reporting presents significant – and similar – data management challenges, particularly around customer, account…
Data Processing Strides Pave The Way To More TCA Capability
Squarepoint Capital’s expansion of its use of Kx Systems technology for investment research capitalises on the provider’s strength at normalising data, tying together data sources and increasing the speed of its data processing — in a manner that sets the stage for more effective transaction cost analysis (TCA). Squarepoint uses Kx Systems’ Kdb+ time-series database…
Rival Systems Extends Reach Into Equities
Trading and risk management software provider Rival Systems’ partnership with the Lime Brokerage unit of Wedbush extends Rival Systems’ reach beyond its core constituency in futures and options, into equities trading in US markets and dark pools, according to Robert D’Arco, CEO, Rival Systems. Lime Brokerage and Rival Systems have launched an integrated service combining…
Industry Doubts Urgency Of US CFTC’s Reg AT
The industry’s sense of urgency concerning Reg AT is dropping, because little action is expected to put its rules in effect in the US following the May 1 ending of the comment period on the regulation. Reg AT, the US Commodity Futures Trading Commission’s Regulation Automated Trading, contains risk and transparency provisions for automated trading….
Fixed-Income Trading Operations Catch Up
Fixed-income trading operations may be as much as 15 years behind equities trading operations, but they are catching up quickly, according to executives in the field who spoke at the FIX Trading Community’s Americas Trading Briefing in New York on April 26. “All the advancements in technology, the transfer of information and the execution of…
MDX Technology License Helps MarketAxess Users Get Liquidity
Real-time data distribution solution provider MDX Technology’s addition of MarketAxess as a provider of market data through its platform will help users attract liquidity from buy-side clients, according to Paul Watmough, CEO of MDX Technology (MDXT). “We can, from the same secure channels and mechanisms, attract liquidity back on to [MarketAxess] trading platform, so we…