TradingTech Insight Market Data & Analytics The latest content from across the platform
Rimes Technologies: Will They or Won’t They Sell?
Rimes Technologies won’t comment on a media report that it’s for sale. But a recent news item – published, surprisingly, by Dow Jones’ Barron’s investor newspaper – has sparked speculation on possible acquirers of this benchmark and reference data services provider. Industry executives contacted by Data Management Insight suggest that Rimes could garner interest from…
TAIFEX Plans Real-time Market Data Feed
The Taiwan Futures Exchange (TAIFEX) is planning to provide a real-time market data feed from March 23, 2020. The feed will be introduced at the same time as continuous trading on Taiwan’s stock market, which currently uses the call auction trading method during trading hours. TAIFEX’s existing data feed disseminates a snapshot of prices and…
Clearpool Aims to Democratise Electronic Trading with Algo Management System
Clearpool, a New York based provider of electronic trading solutions, is building out technology designed to democratise electronic trading through the provision of transparency, trust and control. The company’s flagship product is Algorithmic Management System (AMS), which allows all brokers, large and small, to access algorithms that can help them compete on a level playing…
Plato and BMLL partner to deliver market quality metrics tool Platometrics
Plato Partnership, a not-for-profit company working to improve the European equities market, and BMLL Technologies, a data analytics firm, have released Platometrics, a market quality metrics tool providing market participants with a picture of trading data and trends from European venues, free of charge. The solution provides a consolidated overview of liquidity, European best bid…
genesis Plans Further Development of Low-code Application Platform with Second Funding Round
genesis, provider of a low-code application platform built for capital markets, has closed a second funding round of $1.8 million. The funding will be invested in further development of the platform’s core technology, sales and marketing, with the aim of positioning genesis as a leading low-code platform for capital markets software development. The company has…
State Street collaborates with Gemini on digital asset pilot
State Street has started a digital asset pilot with Gemini, a cryptocurrency exchange and custodian. The pilot builds on ongoing research and development to combine Gemini Custody with State Street’s back office reporting, and performs reporting scenarios on a user’s holdings within Gemini Custody. Initially, the pilot reports holdings of two cryptocurrencies chosen for liquidity…
SteelEye Extends Reach with Office in Paris
SteelEye, a compliance technology and data analytics firm, has taken the next step in its international expansion with the opening of an office in Paris. The office supports SteelEye’s rapid growth and positions the company closer to regulated financial markets in France, as well as the Benelux region, Switzerland and many of its existing clients….
Digital Asset Raises $35 Million Funding
Digital Asset, a distributed ledger technology solutions provider and creator of the open source DAML smart contract language, has raised more than $35 million in Series C funding from new and existing investors. The latest financing round brings the total amount raised by Digital Asset since its establishment in 2014 to $150 million. The funds…
S&P Global Extends Knowledge of Emerging Technology with Acquisition of 451 Research
S&P Global, a provider of credit ratings, benchmarks and analytics, has acquired 451 Research, a privately-held research and advisory firm that provides intelligence, expertise and data covering high-growth emerging technology segments. 451 Research will be operated by S&P Global Market Intelligence, the S&P division that provides data, insights and powerful analytics to help navigate financial…
Real-Time Market Data in the Cloud Moves Closer to Reality
This week’s report from the FSB warning of the perils of cloud deployment for financial institutions doubtless will give cause for serious consideration of whether and how to shift certain activities to commercial public cloud platforms. But the fact remains that practitioners will continue in their quest to push what they can off-premises and onto…