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London Stock Exchange Rejects $37 Billion Acquisition Bid from Hong Kong Exchange
The London Stock Exchange Group (LSEG) has rejected the $37 billion conditional acquisition proposal made by Hong King Exchanges and Clearing (HKEX) to acquire the entire share capital of the London exchange last week saying it has ‘fundamental concerns about the key aspects of the conditional proposal’. These include the strategy, deliverability, form of consideration…
Bloomberg Extends Availability of B-PIPE in the AWS Cloud to Europe and Asia
Bloomberg is replicating the US release of its B-PIPE real-time market data feed in the Amazon Web Services (AWS) cloud in Europe and Asia. While a few clients are in production and others are working to get up and running in the US, Bloomberg is testing B-PIPE in the cloud in Tokyo and London with…
Vela Expands on Plans to Extend Reach of SuperFeed and Add New Data Types
Vela’s investment in its SuperFeed market data feed will extend the feed’s reach and add new data types, but what is the rationale behind the roadmap? We caught up with Vela CEO Jen Nayar to find out more. While SuperFeed already delivers high-quality normalised real-time market data and offers a blend of fast delivery and…
EOSE Responds to Financial Firms’ Growing Interest in Monetising Data
EOSE, a specialist services firm set up a year ago to help financial institutions commercialise their market data, has clocked up its fifth client, the Dubai Gold and Commodities Exchange (DGCX), the largest derivatives exchange in the Middle East. EOSE will support the exchange in enhancing the market data segment of its business, while the…
Responses Split on ESMA Consultation Paper on a Consolidated Tape and Market Data
Responses to the European Securities and Markets Authority’s (ESMA’s) July consultation paper on the establishment of a consolidated tape (CT) for equity instruments are starting to surface, and the views they express diverge greatly. While some industry participants are very much in favour of a CT, others are strongly against the idea. The road to…
Glue42 Extends into Asia Pacific
Glue42, provider of a simplified desktop experience and interoperability for financial institutions, has made a reseller agreement with Chelmer to extend the connectivity of the desktop and its footprint into Asia Pacific. As part of its latest release, the company’s desktop users’ apps can now interoperate with third-party websites and web apps through browser extensions,…
Goldman Sachs Distributes TT Platform to Clients
Goldman Sachs has contracted with Trading Technologies International (TT) to distribute the TT platform to its client base. This gives Goldman Sachs’ clients access to the TT platform’s range of trading tools, including Autospreader and TT’s advanced options analytics functionality. Clients can also access Goldman Sachs’ suite of internally developed execution algorithms via the TT…
Hong Kong Exchange $37 Billion Bid for London Stock Exchange Scuppers Latter’s Merger Plan with Refinitiv
The Hong Kong Exchange’s $37 bid for the London Stock Exchange (LSE) came out of the blue this morning, but has since rattled cages and raised questions about the LSE’s proposed $27 billion merger with Refinitiv, whether a deal of this sort would be acceptable to regulators, and how LSE shareholders will react to the…
RavenPack Deploys AI to Detect Relationships Between Securities and Market-moving Events
RavenPack has built on its commitment to make Artificial Intelligence (AI) practical for quantitative and fundamental investors looking for alpha with the release of RavenPack Connections, a service that automates finding relationships between securities and market-moving events. The service provides real-time research to expose business relationships and interconnections among thousands of entities including companies, organisations,…
QuantHouse Adds Goldman Sachs SIGMA X MTF Data to API Ecosystem
Goldman Sachs has teamed up with QuantHouse to accelerate market data distribution from its SIGMA X European multilateral trading facility (MTF). The data is accessible via the QuantHouse API Ecosystem and can be used to identify auctions and find potentially untapped, addressable liquidity. SIGMA X MTF offers deep and diverse liquidity on the basis of…