TradingTech Insight Post-Trade The latest content from across the platform

Trading Ecosystems and Liquidity

Liquidity is King Liquidity is a vital, if nebulous,  conundrum. For a securities exchange, it is of the essence. Traders love it. Corporate issuers consider it crucial when choosing where to list. Yet at times it can depend on nothing more substantial than market sentiment. It is proverbially ‘sticky’ – liquidity attracts liquidity, yet it…

FIX Protocol Proposes Standards to Support a European Consolidated Tape

FIX Protocol Ltd. (FPL) has recommended standards to support the consolidation of trade reports and market data in European equity markets. It suggests the standards could play into the European consolidated tape mandated by MiFID and accelerate discussion about similar standards for fixed income and derivatives markets. The recommended standards are the result of work…

Tibco Taps Pluribus for FTL Message Switch; Adds Appliance for Enterprise Messaging

Tibco Software has added to its messaging arsenal with the introduction of the Tibco FTL Message Switch and the Tibco Enterprise Message Service Appliance. Both new products were announced at the company’s annual Tucon user conference, held this week in Las Vegas. For the FTL Message Switch, Tibco is partnering with Pluribus Networks, a startup…

Considerations for Low Latency in Asia Pacific – Part 2 – Infrastructure Development

In the not too distant past, Asia was thought to have a lower quality infrastructure than developed nations in North America and Europe. However, widespread government investment in infrastructure projects in the region has seen significant improvements in core underlying infrastructure critical to stable trading platforms. [Before you continue, you might want to read Part…

Q&A: OneMarketData’s Louis Lovas on TCA, Latency and Big Data

Transaction Cost Analysis (TCA) is of increasing importance to trading success and while it is very much a business imperative, implementing it and putting it to effective use relies on a combination of low-latency technologies and big data approaches. IntelligentTradingTechnology.com got the TCA low down from Louis Lovas, director of solutions at OneMarketData. Q: To…

Cloud Platforms Gain Traction in Low-Latency Trading

Cloud platforms – once viewed as suitable only for middle- and back-office operations – are being increasingly adopted to support the front-office. While cloud remains a much overused buzzword, true cloud technologies are now delivering the kind of performance required for low-latency trading, and offer mechanisms to marry business return to technology investment. This topic…

A Flexible Approach to Market Infrastructure

he growing speed and complexity of today’s financial markets are placing all but the most technologically well-resourced participants at a strategic disadvantage. Buy- and sell-side firms, the execution venues they use, and the wide range of post-trade, market data and other service providers whose offerings they consume, are all struggling to keep up with the…

ISE and Hanweck Team for PhD Historical Tick Data

The International Securities Exchange, in partnership with Hanweck Associates, has launched the ISE Premium Hosted Database, a hosted database of historical tick data with full OPRA coverage –  quotes and trades from all U.S. options exchanges – plus U.S. equities level one data, pre-computed implied volatilities and Greeks, full corporate action histories, and ISE Open/Close…

McObject Adds Partners in U.K. and India

McObject, developer of the eXtremeDB in-memory database, is extending its sales reach and integration capability by partnering with Spreadbrokers in the U.K. and NSE.IT in India. Spreadbrokers based in London specialises in low-latency technology for financial markets, and will target buy-side and sell-side firms, with a focus on the data management aspects of portfolio optimisation,…

Data Growth Causes Increase in Financial Infrastructure Externalisation

After President Obama passed the Dodd-Frank Act last year, in an effort to avoid another financial crisis like the one in 2008, Europe is following suit with MiFID 2. While both of these regulations aim to increase transparency into financial markets and, specifically, over-the-counter (OTC) derivatives, the impact of MiFID 2 isn’t likely to be…