The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Metamako and Velocimetrics Offer MiFID Compliant Timestamping

Metamako and Velocimetrics have developed a joint solution designed to enable capital markets firms to capture, analyse and precisely timestamp trading data in compliance with the requirements of Markets in Financial Instruments Directive II (MiFID II).

Under the partnership, Metamako’s low-latency network devices aggregate and directly route packets of nanosecond-precision timestamped data to Velocimetrics’ VMX analysis software, providing a complete data audit trail and satisfying the demands of MiFID II.

The solution will also allow VMX users to analyse raw trading data within the network, as opposed to tapped off the network. The firms say: “This will alert clients to potential problems much faster than before, provide quicker drill-down to root cause analysis of problems, and allow traders to alter strategies to optimise trading.”

Velocimetrics CEO Steve Colwill comments: “Our technologies work extremely well together. Metamako’s network approach provides the basis of a dynamic monitoring fabric required by evolving regulatory and operational demands. More prosaically, as aggregation and tapping are done on a single device, a lot of rack space can be saved. This is an important consideration in collocation as rack space is very expensive.”

Related content

WEBINAR

Recorded Webinar: The evolution of market surveillance across sell-side and buy-side firms

Market surveillance is crucial, and in many cases a regulatory requirement, to ensuring orderly securities markets and sustaining confidence in trading. It can be breached and has become increasingly complex in the wake of the Covid pandemic, Brexit, and the emergence of new asset classes. This webinar will review the extent of market abuse in...

BLOG

Why APIs Are Imperative for Systematic Trading

By Chris Jenkins, Managing Director, TORA. Systematic trading has long been a feature of the financial markets. Even in the days before computers arrived on the scene, early systematic traders would use rule-based systems designed to remove human emotion from the trading process, generating trading signals and entry/exit points from a range of technical analysis...

EVENT

TradingTech Summit Virtual (Redirected)

TradingTech Summit (TTS) Virtual will look at how trading technology operations can capitalise on recent disruption and leverage technology to find efficiencies in the new normal environment. The crisis has highlighted that the future is digital and cloud based, and the ability to innovate faster and at scale has become critical. As we move into recovery and ‘business as usual’, what changes and technology innovations should the industry adopt to simplify operations and to support speed, agility and flexibility in trading operations.

GUIDE

Regulatory Data Handbook 2021/2022 – Ninth Edition

Welcome to the ninth edition of A-Team Group’s Regulatory Data Handbook, a publication dedicated to helping you gain a full understanding of regulations related to your organisation from the details of requirements to best practice implementation. This edition of the handbook includes a focus on regulations being rolled out to bring order and standardisation to...