TradingTech Insight Market Data & Analytics The latest content from across the platform
DMALINK Surpasses Funding Target, Bolstered by Bank Partnerships
UK-based institutional trading platform DMALINK has exceeded its funding goal of £425,000 on Seedrs, achieving a pre-money valuation of £17.3 million. The platform, which focuses on FX and crypto trading, has previously raised funds on Seedrs and is in partnership with several banks including Credit Agricole, Nomura, and Danske Bank. DMALINK generates revenue through transaction…
TradingTech Briefing to Discuss Buy AND Build: The Future of Capital Markets Technology
The world of capital markets technology never stands still. Making the right technology decisions, particularly in the front office trading environment, is therefore crucial for buy side and sell side firms that wish to stay competitive, keep costs under control and maximise their efficiency. Whether this means updating trading technology stacks, adopting modern data fabrics…
The Rise of Large Language Models in Financial Markets
When OpenAI introduced ChatGPT to the public in November 2022, giving users access to its large language model (LLM) through a simple human-like chatbot, it took the world by storm, reaching 100 million users within three months. By comparison, it took TikTok nine months and Instagram two and a half years to hit that milestone….
Exegy Launches Advanced Ticker Plant for Optimised Options Market Data Processing
Exegy, the front-office trading solutions vendor, has introduced its next generation ticker plant, specifically designed for processing options market data. The new platform is capable of processing the entire OPRA feed on a single 2U server and offers a 2x reduction in latency compared to its predecessor. As options trading volumes rise and with the…
Colt Technology Services Partners with AsiaNext to Boost Digital Asset Trading in Asia
Digital infrastructure provider Colt Technology Services (Colt) has entered into a strategic alliance with AsiaNext, the global institutional-grade digital asset exchange. The partnership will allow AsiaNext to take advantage of Colt’s advanced digital infrastructure solutions, including its Multicast Market Data in the Cloud and PrizmNet, and will enable high frequency trading across a range of…
Trading Technologies to Acquire Abel Noser Solutions, Expanding into Multi-Asset Data and Analytics
Following its recent expansion into the foreign exchange (FX) market with the establishment of a new FX business line, TT FX, and its entry into the fixed income space with the acquisition of AxeTrading in March, Trading Technologies International, Inc. (TT), the global capital markets technology platform provider, has entered into a definitive agreement to…
Bloomberg Launches New FX Pricing Quality Tools for FXGO Clients
Bloomberg has introduced a new suite of FX Pricing Quality tools to clients of the FXGO multi-bank FX trading platform, through MISX, the company’s multi-asset reporting tool for electronic trading. The tools allow users to swiftly analyse and assess pricing quality and performance for any RFQ pricing requests sent over FXGO, including batch trades, The…
TNS Partners with TRAFiX to Enhance Order Execution and Routing Management Systems in Canada
Transaction Network Services (TNS), the infrastructure, connectivity, market data and analytic services provider, has announced a strategic partnership with trading and connectivity solutions provider TRAFiX. The collaboration aims to expand TRAFiX’s order execution and routing management systems on TNS’ Dedicated Server across Canadian financial exchanges. TRAFiX will operate out of the Equinix TR2 Data Center…
A New Era of Bond Trading: Leveraging Automation and Liquidity Score Splitting
By Vuk Magdelinic, CEO, Overbond. Bond traders face a set of challenges not seen in most other markets for tradeable securities. There’s no comprehensive centralized record of fixed income trade price or size data because most bonds are traded over-the-counter. Additionally, many bond issues are small and trade infrequently or not at all. As a…
Parameta Solutions and General Index Launch New LNG Pricing Service
OTC market & transactional data provider Parameta Solutions, a division of TP ICAP, has teamed up with benchmark provider General Index (GX), to introduce a new liquified natural gas (LNG) pricing service. This service will provide daily benchmarks for transparent trading between key LNG hubs. Powered by data from TP ICAP’s Energy & Commodities desks,…