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In the Fragmented World of Fixed Income, the Buy-build Debate Heats Up
By Ollie Cadman, Chief Product Officer, Vela. Whether firms like it or not, there is no escaping the prospect that electronic trading in the fixed income market is here to stay. For some participants it may require more adjustment than for others, but the simple fact is, e-trading rules. This has some major implications for…
McKay Brothers Extends Low-latency Services in Asia
McKay Brothers has added connectivity at what it claims is the lowest known commercial latency between the @Tokyo-CC2 data centre and trading centres in Shanghai and Hong Kong. The procured hybrid microwave/fibre service between the Shanghai Futures Exchange data centre and @Tokyo-CC2 data centre takes less than 22.86 milliseconds round trip. Service between the HKEx…
Contractual Rights Management: It’s Time to Take Control of Data Usage
Contractual rights management has become a hot topic in financial information and market data circles following a number of public instances involving high-profile financial institutions breaching licensing agreements with data vendors – and paying the price with both significant financial penalties and damaged reputations. Also known as digital rights management, contractual rights management refers to…
Contractual Rights Management: It’s Time to Take Control of Data Usage
Contractual rights management has become a hot topic in financial information and market data circles following a number of public instances involving high-profile financial institutions breaching licensing agreements with data vendors – and paying the price with both significant financial penalties and damaged reputations. A potential solution for contractual rights management is the emerging Open…
FactSet Deploys Workstation on OpenFin
FactSet has deployed its workstation on OpenFin, marking a significant step forward for the desktop interoperability operating system as the first major market data and analytics provider to join the OpenFin ecosystem. The deployment allows OpenFin users to leverage FactSet seamlessly and efficiently alongside proprietary, internally developed desktop applications. They can also integrate third-party applications…
AFME Calls for Industry Collaboration to Advance Adoption of Public Cloud Computing in Capital Markets
The Association for Financial Markets in Europe (AFME) has published a paper setting out 14 recommendations to help realise the full potential of public cloud computing across the capital markets industry. The recommendations for banks, cloud providers, regulators, and the industry as a whole aim to increase the transparency and collaboration required to build further…
Singapore-Based EDBI Becomes Pico Investor and Strategic Partner
Pico continues its global expansion plan post its acquisition of Corvil with the announcement that Singapore-based investor EDBI has become a Pico investor and strategic partner. Pico launched in APAC about a year ago and has since built presence with strategic hires, new offices and additional data centres in Singapore, Hong Kong, Tokyo, Korea and…
LSEG Technology Makes First Deployment of Millennium Exchange in the Cloud
London Stock Exchange Group’s technology solutions provider, LSEG Technology, has achieved a couple of ‘firsts’, with its Millennium Exchange matching engine being deployed in the cloud and for a digital asset exchange for the first time. The deployment, at 24/7 digital asset exchange AAX, also extends Millennium Exchange’s asset class coverage to crypto currency pairs…
Crux Hits 1,000 Data Sets as it Broadens Coverage Beyond Alternative Data
Crux Informatics has traversed the 1,000 mark in terms of data sets available through its distribution platform, illustrating the company’s embrace of traditional as well as alternative data. Having attracted over $45 million of funding since its inception in 2017 the company has moved to establish itself as a data delivery and management platform for…
SEC Contracts MayStreet to Provide Market Data for MIDAS
MayStreet, provider of a capital markets platform delivering low-latency connectivity and high-precision market data, has assumed the role of market data provider to the US Securities and Exchange Commission’s (SEC) Market Information Data Analytics System (MIDAS) following its acquisition of the Thesys Technologies business that previously supported the system. The MIDAS platform combines technology and…