TradingTech Insight Market Data The latest content from across the platform

Breakfast Briefing: Meeting the Data Requirements of FRTB London

The Fundamental Review of the Trading Book (FRTB) Breakfast Briefing, will examine how the capital markets industry is approaching FRTB data management and will look at the implications for the ways that firms source, manage and store data for FRTB compliance.

ESMA Finally Puts Its Foot Down on Consolidated Ticker Tape

The European Securities and Markets Authority (ESMA) has bitten the bullet on a real-time consolidated ticker tape for European equities, following the failure of an industry-led solution to emerge. In a review of market data pricing published today, the regulator warns that market data costs under MiFID II are still too high, confirming plans to…

Exchanges Can Justify High Fees – But Only if They are Adding Value

By Neill Vanlint, Head of Global Sales & Client Operations, GoldenSource. Across global financial markets, it is hard to think of a more contentious issue right now than the prices exchanges are charging for their trading data. Some high-profile potential acquisitions, including the London Stock Exchange’s $27 billion bid to buy Refinitiv, mean there could…

First New York Implements LiquidityBook’s SaaS Based POEM System

FNY Investment Advisers (First New York), a multi-strategy investment firm, has implemented LiquidityBook’s SaaS-based LBX Buy Side as its portfolio, order and execution management system (POEM). The firm previously used three providers for varying amounts of time, but they were unable to support the volume which First New York trades, the speed with which it…

McKay Brothers Adds Low-Latency Market Data Distribution in Mumbai

McKay Brothers International has expanded its low latency market data services to India. The company’s Quincy Extreme Data (QED) market data service now distributes select London Metals Exchange data at Mumbai’s Banda Kurla Complex (BKC) in less than 51 milliseconds one-way. In addition, McKay offers select Aurora, Illinois sourced metals, energy and FX futures data…

Kx and DataRobot Partnership Applies AI to Time Series Data, Generates Fast Actionable Insights into Market Data

Kx has partnered DataRobot, a provider of enterprise artificial intelligence (AI), to offer financial institutions a scalable high-performance solution for applying AI to time series data. By integrating DataRobot’s Enterprise AI Platform with the Kx in-memory time series database kdb+, consumers of market data can quickly generate actionable insights for agile, strategic business decisions. Rob…