Editor’s pick
Aquis Becomes First Recognised Investment Exchange to Run Cloud-Based Matching Engine
Aquis Exchange PLC has successfully migrated the primary and secondary markets of Aquis Stock Exchange to Amazon Web Services (AWS), marking it as the first recognised investment exchange (RIE) to run a matching engine in production on the cloud. Since 27th November 2023, the group’s Aquis Stock Exchange division has been matching trades on all...
Top Blogs
As Good as it Looks: Why UI/UX Design Has Become a Crucial Ingredient in Retail Platforms’ Success
By Matt Barrett, CEO of Adaptive. We are told not to judge a book by its cover. Yet we are naturally drawn to content and platforms that, on the surface, stand out from the crowd. When quality design is the norm, as is increasingly the case in our digital world, customers’ expectations of exceptional user experience...
Overbond and interop.io Partner to Enhance Fixed Income Trading Workflows
Overbond, the fixed income data, analytics and trade automation solutions provider, has partnered with interoperability specialist Interop.io, to improve fixed income trader workflows through FDC3 interoperability. The partnership aims to address the prevalent challenges of data silos and liquidity fragmentation in the credit markets, by enabling clients to integrate various applications and features into one...
Crédit Agricole CIB Implements Opensee’s Advanced Market Risk Management Platform
Opensee, the specialist data analytics platform for financial institutions, has successfully rolled out a new market risk management solution for the front office users of Crédit Agricole Corporate & Investment Bank (CACIB). The new solution consolidates multiple data sets from varied sources into a single repository, rather than the previously segregated systems used for each...
Latest briefs
BMLL Completes China Data Offering, Expands APAC Market Coverage
BMLL, the Level 3 data and analytics provider, has completed its China data offering, integrating data from all major mainland China Equity Exchanges, including Shanghai, Shenzhen, and Hong Kong, in a consistent format via the BMLL Data Lab. This complements BMLL’s APAC equities and ETF data coverage by building on existing data from CBOE Japan,…
Avelacom Enhances Global Trading with Latency Improvements in Backhaul Network
Connectivity & IT infrastructure solutions provider Avelacom, has significantly upgraded its backhaul network to offer reduced latency between European and US exchanges and major financial hubs in Asia and the Middle East. The upgrade, which shortens fibre optic path lengths by up to 140 kilometres, aims to enable more efficient market data feeds and order…
FlexTrade Systems Partners with BTON Financial to Integrate AI-Driven Broker Selection
FlexTrade Systems, the execution management systems (EMS) vendor, and BTON Financial, the data collaboration and order routing technology provider, have collaborated to enable FlexTRADER EMS users to access AI-driven broker selection recommendations to optimise best execution performance. The integration allows traders using FlexTRADER EMS to easily send order parameters to BTON’s cloud-based, AI, and data-driven…
interop.io Launches Desktop Interoperability Maturity Model
Interoperability provider interop.io has released its desktop interoperability maturity model, a framework that helps financial institutions progress desktop interoperability through workflow and UI integration. The model defines a pathway to optimising business processes, uncovering data-driven insights, and reducing operational risk. Developers can expect to reduce development, testing, and release times by 50%, according to the…
TNS Offers Colocation at B3, Brazil’s Largest Stock Exchange
Transaction Network Services (TNS) has established colocation services with B3 S.A., Brazil’s largest stock exchange and the world’s third largest derivatives exchange, based in Sao Paulo. This strategic move not only strengthens TNS’s offerings but also positions it as a key player in connecting global markets with Brazil’s financial trading systems. The partnership provides TNS’s…
TNS Acquires West Highland Support Services
Transaction Network Services (TNS) has acquired Danbury, CT-based market data solutions provider West Highland Support Services for an undisclosed sum. The combination of TNS and West Highland services into a single trading infrastructure stack and an integrated offering, will offer connectivity, monitoring and consulting to professional traders, institutions and financial services vendors worldwide. The acquisition…
IPC Enhances Trading Network with Connectivity to Europe’s Leading Derivatives Exchange
Trading solutions and infrastructure provider IPC has expanded its network by integrating a leading European derivatives exchange into its Connexus Extranet platform, enabling customers to access a wide range of market data across multiple asset classes. Firms requiring ultra-low latency data delivery and distribution can also also co-locate within IPC’s Equinix FR2 data centre facilities….
Amberdata Integrates with Google Cloud’s Analytics Hub for Digital Asset Data Access
Amberdata, the digital asset data and analytics provider, has partnered with Google Cloud, to offer its crypto market, blockchain, and DeFi datasets via Google Cloud’s Analytics Hub. The integration aims to enable institutional customers to manage data more easily, and gain actionable insights for applications in research, trading, and compliance, leveraging their preferred visualization tools….
XFA Partners with Genesis Global to Automate FLEX Options Quoting
Execution broker X-Change Financial Access (XFA) and Genesis Global, the low-code application development platform vendor, have partnered to introduce FLEX-FA, a new solution designed to automate the quoting process for flexible exchange options (FLEX options). This new platform significantly improves the speed and efficiency of quoting by standardising and automating request-for-quote (RFQ) processes, aiming to…
Stratos Group Launches Multi-Asset Trading Platform Tradu
Stratos Group International, a wholly owned subsidiary of Jefferies Financial Group, has launched Tradu, a multi-asset trading platform aimed at retail traders and investors. The new platform offers trading in listed equities, cryptocurrency markets and CFD trading, with the ability to apply leverage on stocks, indices, commodities, forex and cryptocurrencies. In addition to multi-asset trading,…
Grupo Financiero Banorte Integrates Murex MX.3 Platform to Enhance FX Derivatives Trading
Mexican bank Grupo Financiero Banorte has upgraded its FX derivatives trading services for corporate clients by integrating Murex’s MX.3 platform, as part of its digitalisation strategy. This enhancement allows clients to execute FX derivatives transactions through the bank’s internal portal, Cambios Banorte en Línea (CBL), with the support of MX.3’s self-service functionality. The implementation of…
CQG Announces Senior Executives’ Buyout; Continues Growth Under New Leadership
CQG, the financial markets technology solutions provider, has announced a significant ownership change with its senior executives set to acquire the company. The buyout marks a new chapter for CQG, which has been owned by founder Tim Mather since its inception in 1980. The details of the transaction, expected to finalise this month, have not…
Genesis Global Unveils Genesis Platform Version 7, Accelerating Software Development
Genesis Global has launched Genesis Platform version 7 (G7), a significant update to its low-code application development platform for the financial markets sector, introducing multiple enhancements aimed at streamlining the development process. G7 focuses on enabling quicker and more efficient building, testing, and deployment of robust full-stack applications, particularly beneficial for developers in banking, asset…
Bloomberg Introduces Intra-Firm Chatbots for Enhanced Digital Collaboration
Bloomberg has launched a new service, IB Connect: Intra-Firm Chatbots, designed to enhance digital collaboration for Bloomberg Terminal users. The add-on allows users to integrate proprietary chatbots into Instant Bloomberg (IB) chat rooms, facilitating the sharing of internal system information and improving in-house business intelligence discovery. The new service supports two types of chatbots. Q&A…
TD Securities Integrates with Paxos for Automated Commodities Settlement
Paxos, the regulated blockchain infrastructure platform, has partnered with TD Securities, to enable fully automated and simultaneous settlement of cash and commodities for the first time in the precious metals market, enhancing the efficiency of operations for trading both traditional and digital precious metals. Aiming to set a new standard in the industry for reducing…
Latest people
Trading Technologies Strengthens Leadership Team with Three Key Appointments
Trading Technologies International, Inc. (TT) has appointed Justin Llewellyn-Jones as Chief Operating Officer (COO), Christopher Heffernan as EVP of Fixed Income, and Alun Green as EVP of Futures & Options. These strategic appointments, with Llewellyn-Jones and Heffernan operating out of New York and Green in London, underscore TT’s commitment to expanding its global footprint and…
FlexTrade Systems Appoints Michael Kovach as Head of Fixed Income Sales in Americas
FlexTrade Systems the multi-asset execution & order management systems vendor, has announced the appointment of Michael Kovach as Head of Fixed Income Sales in the Americas. Kovach, an experienced professional with a 20-year tenure in the FinTech sector, will focus on enhancing FlexTrade’s market position in Fixed Income Electronic Trading Solutions. He previously served as…
Exegy Appoints Brian Pomraning as Chief Revenue Officer
Trading and market data systems vendor Exegy has appointed industry veteran Brian Pomraning as Chief Revenue Officer. With 25 years of leadership experience in the financial services industry, including product management, technology, sales, and marketing, Pomraning has a proven track record of transforming and growing global businesses and cross-functional teams. During his career, Pomraning has…
Trumid Appoints Jason Quinn as Global Head of Sales Amid Platform Growth
Fixed income electronic trading technology company Trumid has appointed Jason Quinn as its Global Head of Sales. Quinn, a founding member of Trumid’s leadership team and its Chief Product Officer, will now oversee the company’s commercial division, merging product and sales into one strategic unit. The move is intended to further integrate technology, product, and…
Vista Equity Partners Invests in TRG Screen for Strategic Growth; Leigh Walters Steps Up as New CEO
TRG Screen, the provider of enterprise subscription spend and usage management software, has received a strategic growth investment from Vista Equity Partners (“Vista”), a global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses. TRG Screen will use the capital to accelerate product innovation, talent acquisition, and go-to-market functions. Leigh Walters has been…
DTCC Appoints Brian Steele as President of Clearing & Securities Services
DTCC has appointed Brian Steele as the Managing Director, President, Clearing & Securities Services. Starting from October 2, 2023, Steele will oversee all DTCC Clearing and Securities Services areas, such as Equity Clearing, Fixed Income Clearing, and Wealth Management Services. In the new role, Steele will report directly to Frank La Salla, DTCC’s President and…
LSEG Appoints Charlie Walker as Deputy CEO of London Stock Exchange
London Stock Exchange Group (LSEG) has appointed Charlie Walker as Deputy CEO of the London Stock Exchange plc. He will also join the LSE plc Board, subject to regulatory approval. Walker will continue to report to Julia Hoggett, CEO of LSE plc to support the daily running of the exchange while continuing to oversee the…
Adaptive Appoints Dave Clack as Chief Product Officer
Adaptive Financial Consulting has appointed Dave Clack as its new Chief Product Officer, a strategic role focusing on the innovation of Aeron, Adaptive’s cloud-native messaging infrastructure for the capital markets. Clack will be responsible for driving growth, overseeing product development, and shortening the time it takes for financial firms to deploy trading architectures into the…
DiffusionData Appoints Former CME Group Executive Scott Fink as Managing Director for the Americas
DiffusionData, a company specialising in real-time data streaming and messaging solutions, has appointed Scott Fink as its new Managing Director for the Americas. Fink, formerly an Executive Director of Site Reliability Engineering at CME Group, will oversee customer and partner engagements across the US, Canada, and Latin America. During his tenure at CME Group, Fink…
Delta Capital Names Alan Philpot as Chief Product Officer and DLT Lead
Delta Capita, a capital markets consulting, managed services and technology provider, has appointed Alan Philpot as chief product officer. Philpot brings more than 30 years’ experience in operations and strategy across financial markets and joins from SETL where he was head of custody and market infrastructure. He has also held senior roles in post-trade and…
Global Relay Promotes Sahar Kayhani and Alex Viall to Key Leadership Roles
Global Relay, a provider of electronic communication compliance and archiving solutions, has promoted Sahar Kayhani to Chief Product Officer and Alex Viall to Chief Strategy Officer. Kayhani most recently spent two years as product director overseeing Global Relay’s data capture and archiving solutions, while Viall served as director of regulatory intelligence for the company. Kayhani,…
LSEG Appoints Irfan Hussain as Chief Information Officer
The London Stock Exchange Group (LSEG) has announced the appointment of Irfan Hussain as its new Chief Information Officer, with effect from January 2024. Based in New York, Hussain will lead LSEG’s technology division and will be part of the Executive Committee, directly reporting to CEO David Schwimmer. Before joining LSEG, Hussain held prominent positions…
Broadridge Names Mike Sleightholme as President of Broadridge International
Broadridge Financial Solutions has appointed Mike Sleightholme as president of Broadridge International. Sleightholme, who is based in London, will be responsible for delivering the company’s capital markets technology and data solutions throughout the EMEA and Asia Pacific regions. Sleightholme first joined Broadridge in 2022 as president of its Asset Management Solutions business where he was…
BNP Paribas Appoints New Co-Heads of Data & Digital Services
BNP Paribas’s Securities Services business has named Jean-Marc Friess and Thomas Durif as joint heads of its Data & Digital Services department, to advance the company’s data and digital services strategy, in line with BNP Paribas’s 2025 strategic plan. Friess, the new Chief Digital Services Officer, will lead digital channels and services and take charge…
TS Imagine Appoints Simarjit Johal as Head of Asia Pacific
TS Imagine, the global cross-asset class provider of trading, portfolio, and risk management solutions, has announced the promotion of Simarjit (Sim) Johal to Head of Asia Pacific (APAC). Currently serving as Co-Head of Professional Services & Account Management, Johal will assume the new role in September 2023, relocating to Hong Kong and joining TS Imagine’s…
Featured
FEATURED WEBINAR
Upcoming Webinar: Best practice approaches to trade surveillance for market abuse
Date: 5 March 2024 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Breaches of market abuse regulation can lead to reputational damage, eye-watering fines and, ultimately, custodial sentences of up to 10 years. Internally, market abuse triggers scrutiny of traders and trading behaviours; externally it can undermine confidence in markets and…
FEATURED EVENT
Buy AND Build: The Future of Capital Markets Technology, London
Buy AND Build: The Future of Capital Markets Technology London on September 21st at Marriott Hotel Canary Wharf London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.
FEATURED GUIDE
Institutional Digital Assets Handbook 2023
After initial hesitancy, interest in digital assets from institutional market participants has grown over the past three to four years. Early focus inevitably centred on the market opportunities presented by bitcoin and other cryptocurrencies. But this has evolved into a broad acceptance of a potentially meaningful role for digital assets in institutional markets. It’s now…
Top White Papers
Trading in the Public Cloud: Attitudes to Cloud Adoption in Capital Markets
Capital markets have been slow to embrace cloud technologies and in particular the public cloud. Practitioners have been wary of issues around speed/performance, privacy and cost, all of which can dampen the appeal of cloud technologies for trading firms. But broad acceptance of cloud beyond finance is highlighting some compelling benefits, primarily in terms of...
How Banks Harness the Value of Cloud for Scale and Agility
Financial services are recognizing the benefits that data-led processes can bring and are undergoing digital transformations that are putting data at the heart of their operations and decisions-making processes. They are seizing on data as an asset whose value can be unlocked through technology to increase revenue and reduce costs across the entire enterprise. With...
Getting Control of Access to Key Market Services
Use of single dealer portals that allow banks to trade assets on behalf of their clients is growing rapidly, particularly among firms in the fixed income and foreign exchange markets in particular. But while trading portals offer great benefits in terms of broader market reach and enhanced client functionality, they bring risks too. Firms are...
Events and webinars
Recorded Webinar: Trading Beyond the Horizon
You can listen to the recording of this webinar by registering on this page. Click below to watch the recorded webinar, or download the white paper–for free! In 2010, financial markets participants will continue to expand their trading activities as liquidity increasingly becomes fragmented, seeking alpha in new markets, best execution in dark pools, arbitrage...
Recorded Webinar: Building Low Latency Trading Systems in Low Latency Time
This webinar has passed, but you can view the recording here. Click below to watch the webinar (recorded Nov. 9, 2010). In today’s ultra-competitive electronic trading marketplace, having lower latency than the rest is the only way to succeed. But there’s more to success than just the lowest latency system – your firm also needs...
Recorded Webinar: Mission Possible – Turning Data Deluge into Opportunities for Financial Trading
This webinar has passed, but you can view the recording here. As financial markets firms face the challenge of managing huge volumes of extremely high frequency data, the opportunity exists to transition from just managing this data to strategically leveraging it for new trading and investment opportunities. What was once the impossible is now a...
Awards
TradingTech Insight Awards USA
The call for entry/nominations are open for the TradingTech Insight Awards – USA 2024!. These awards recognise excellence in trading solutions and services for capital markets and focus on vendors providing exceptional trading infrastructure, trading technology, and data solutions.
