TradingTech Insight Market Data & Analytics The latest content from across the platform
Symphony Adds Levy as President as Usage Surges due to Covid-19
Symphony has bolstered its leadership team with the addition of Brad Levy, who joins the collaboration platform as president and chief commercial officer. Levy, who was most recently a partner at IHS Markit, will focus on expanding the company’s commercial offering in the capital markets segment. The announcement comes as Symphony reports significant growth in…
SIX Partners with Xignite for Strategic Cloud Initiative
SIX Financial Information’s announcement last month of a strategic partnership with Xignite marks a significant step-up in the relationship between the two companies and signals SIX’s intention to embrace cloud delivery for its universe of financial information. The arrangement allow clients access to SIX content via Xignite’s API and cloud distribution infrastructure, opening up opportunities…
Vela and IPC Expand Market Data Partnership
Vela, an independent provider of trading and market access technology for global multi-asset electronic trading, has expanded its strategic partnership with financial markets communications giant IPC, to boost access to market data. The partnership will give IPC customers access to Vela’s market data solution, SuperFeed, via Connexus Cloud, IPC’s flagship financial ecosystem, which interconnects more than 6,600 capital market…
Cloud9 Partners with comitFS on Real-Time Voice Trading as Industry Adjusts to Virtual Landscape
New York’s Cloud9 Technologies has partnered with comitFS, a UK-based provider of voice middleware and API abstraction capabilities for financial service organizations, to work on improving real-time call control capabilities for voice trading within the institutional marketplace. The joint venture will combine comitFS’s mix of trader voice applications and API’s combined with Cloud9’s advanced solutions…
OpenFin Opens Up Appital Application to the Buy-side
The Google Cloud-hosted Appital platform is designed to help deal participants uncover and unlock liquidity, while providing deal originators with the opportunity to execute large volumes, often in excess of 5 days of Average Daily Volume (ADV), with minimal market impact or risk of price erosion. The platform is targeted towards transparency, in a bid…
Will a Consolidated Tape Make Best Execution Better?
By Tom Healey, Founder-Director, FINXIS LLC. In ICMA’s MiFID II Consolidated Tape Task Force Report, published in April 2020, the Task Force made it clear that while MiFID II accomplished many goals it failed to achieve the market transparency that regulators had envisioned. By most measures, MiFID II cost the industry over $2 billion, but…
Quant House Partners with Italy’s EliData
Italian trading software developer EliData has integrated real-time market data sourced from QuantHouse’s QuantFeed API into its smart order router (SOR), arbitrage and best execution capabilities. The collaboration has already resulted in an implementation at a ‘major financial institution’ in Spain, and will be marketed jointly across Europe. Using QuantFeed, EliData is able to provide…
Verint and Cloud9 Partner on Voice Compliance Solution
Verint has teamed up with cloud-based communications specialist Cloud9 Technologies to launch a new compliant, cloud-enabled communications solution supporting traders both on the trading floor and remotely. Designed to provide increased flexibility as the industry continues to move to cloud-based platforms and work-from-home environments during and beyond the COVID-19 pandemic, the offering combines Cloud9’s C9…
McKay Brothers Forges Fastest Link to Korea Markets
Microwave-based low-latency market data specialist McKay Brothers International has raised the bar for connectivity to the Korean Stock Exchange with the launch of what it claims is the fastest links between Busan and Tokyo and Illinois. The rollout of the company’s hybrid microwave / fibre private bandwidth services will be a boost to firms in…
Why Is Now the Time for the Financial Markets to Focus on Collaboration Compliance?
By Phil Fry, VP of Financial Compliance Product Strategy at Verint. The seismic impact of the pandemic has seen many banks and financial institutions ramp up their use of next-generation communication solutions, to assist their employees to work from home and alternative locations. During lockdowns, trades and client orders, that were traditionally executed at corporate sites, moved…