Editor’s pick
What to Expect at A-Team Group’s Second Buy AND Build Summit
On September 19th, Buy AND Build: The Future of Capital Markets Technology returns to London at the Marriott Hotel, Canary Wharf for its second year. This A-Team Group event offers a timely exploration of how financial institutions and technology providers can collaborate more effectively to modernise trading platforms and drive innovation. As firms increasingly transition...
Top Blogs
FIA EPTA Outlines Five-Year Policy Recommendations to Enhance EU Capital Markets
The Futures Industry Association European Principal Traders Association (FIA EPTA), representing Europe’s leading Principal Trading Firms, has released its policy recommendations for 2024-29 under the title Tide of Change: Enhancing Liquidity Provision to the European Economy. The association emphasises the urgent need for the EU to strengthen its capital markets to achieve its strategic objectives...
Johannesburg Stock Exchange Launches Cloud Marketplace in Partnership with DataBP
The Johannesburg Stock Exchange (JSE), Africa’s largest exchange, has partnered with data licensing and subscription management platform DataBP, to launch a new cloud-based marketplace aimed at transforming the JSE’s data offerings. The digital platform will serve as a central hub for all of the JSE’s data products and services, marking a significant step in the...
The Promise of Automation and the Perils of Standing Still
By Roger Golesworthy, Trading Director, Infront. For firms all over the UK in the trading business, speed and efficiency are essential. These set the base for providing clients with better returns. Behind the curtain, though, firms have a patchwork of systems and software that sit in-between humans and financial instruments. Systems which must meet a...
Latest briefs
FESE and Oxera Publish New Analysis on Market Data Fees in EU Equity Trading
The Federation of European Securities Exchanges (FESE) has commissioned Oxera to conduct an analysis of market data fees and revenues since the implementation of MiFID II, building on previous studies from 2019 and 2022. This analysis is timely, aligning with the ESMA’s recent consultation on the Regulatory Technical Standards (RTS) on Reasonable Commercial Basis. The…
LTP Partners with Avelacom to Enhance Low Latency Network Services for Crypto Trading
Low latency network solutions provider Avelacom has been chosen by LTP, a prime broker for digital assets in the Asia Pacific region, to deliver advanced network services. The collaboration aims to enhance trading speeds and reliability for LTP’s diverse client base, including hedge funds, high-frequency trading firms, funds of funds, and family offices, across global…
Amberdata Achieves SOC 2 Type II Compliance for Enhanced Data Security
Amberdata, the provider of digital asset data and analytics for institutional clients, has achieved SOC 2 Type II compliance in line with the standards set by the American Institute of Certified Public Accountants (AICPA) under SSAE 18. This achievement underpins Amberdata’s commitment to providing enterprise-level security for customer data. The audit was conducted by Prescient…
3forge Secures Investment from Morgan Stanley
3forge, a provider of high-performance code solutions for business-critical applications, has announced its first external funding since its founding in 2011, with an investment from Morgan Stanley. The 3forge platform enables developers to build enterprise applications with a strong emphasis on real-time data integration, virtualisation, processing, and visualisation. Since 2014, its technology has been utilised…
DiffusionData Releases Diffusion 6.11 with Enhanced Developer Features
DiffusionData has announced the release of Diffusion 6.11, introducing several developer-focused enhancements aimed at accelerating development, reducing operational costs, and ensuring efficient real-time data delivery. Key improvements include a major boost in distributed update performance, aligning clustered environment speeds with single-server operations through asynchronous processing. The release also introduces a new usage monitoring feature that…
Murex Completes MX.3 Implementation for Collateral Management and SIMM at Mediobanca
Murex, the provider of trading, risk, and processing solutions for capital markets, has successfully implemented its MX.3 platform for collateral management and Standard Initial Margin Model (SIMM) at Mediobanca. The Milan-based bank aimed to enhance operational efficiency, streamline processes, and optimise capital usage through this go-live. The implementation integrates Mediobanca’s front-to-back operations, including accounting and…
TS Imagine Unveils Platform 3.0
TS Imagine, the trading, portfolio, and risk management solutions provider, has launched Platform 3.0, a comprehensive upgrade developed over three years of research, development, and investment. This new platform represents a significant modernisation of TS Imagine’s offerings, designed to position its users at the forefront of innovation in global capital markets. Platform 3.0 integrates a…
ICE Subsidiary IBA Partners with Space Intelligence to Launch Commodity Traceability Platform
ICE Benchmark Administration Limited (IBA), a subsidiary of Intercontinental Exchange, Inc., is collaborating with Space Intelligence, a nature mapping data provider, to introduce the ICE Commodity Traceability Service (ICE CoT). This is a new technology platform designed to streamline the trade of physical cocoa and coffee by automating the submission, storage, validation, and sharing of…
CJC Achieves ISO 27001:2022 Certification Upgrade
Crown Jewels Consultant Ltd (CJC), the market data professional services and commercial management provider, has upgraded its ISO 27001 certification to the latest 2022 standard, underscoring the company’s ongoing commitment to upholding the highest information security standards and compliance with international protocols. The updated ISO 27001:2022 certification reflects a more rigorous approach to managing sensitive…
Johannesburg Stock Exchange Expands Colo 2.0 Service with Beeks and IPC Support
The Johannesburg Stock Exchange (JSE) is advancing its Colo 2.0 service through an extended collaboration with Beeks Group and IPC. In response to rising demand for dual-location disaster recovery solutions, Beeks’ Exchange Cloud service has now been deployed at Teraco’s secondary data centre, aiming to strengthen the JSE’s resilience, ensuring robust infrastructure for the future….
Baton Systems Launches Advanced Treasury Management Tools for Real-Time Intraday Liquidity Optimisation
Baton Systems, the global capital markets technology provider, has introduced new treasury management tools designed to enhance intraday liquidity management, reduce buffers, and mitigate real-time risk. The tools are designed to help firms to lower financing costs, address increasing regulatory scrutiny, and better navigate volatile market conditions. Baton’s latest offering provides treasury managers with a…
QUODD Partners with Infosel to Enhance Market Data Solutions in Latin America
On-demand market data provider QUODD has partnered with Latin American investment intelligence fintech Infosel, to integrate QUODD’s QX Marketplace content into Infosel’s market data platform, enhancing the analytics and insights available to financial institutions across Mexico and Latin America. Infosel now leverages QUODD’s comprehensive market data to support banks, investment advisors, and traders through both…
Eventus Partners with ANCORD to Offer Validus Trade Surveillance Platform to Brazilian Brokers
Eventus, the trade surveillance and financial risk solutions vendor, has entered a partnership with ANCORD, Brazil’s National Association of Securities, Foreign Exchange and Commodities Brokers and Dealers. Through the collaboration, Eventus’ Validus platform will be accessible to ANCORD members, enabling them to implement a comprehensive trade surveillance solution tailored to their specific needs. The partnership…
S&P Global and Accenture Collaborate to Advance GenAI in Financial Services
S&P Global and Accenture have announced a strategic collaboration to drive generative AI (GenAI) innovation within the financial services sector. Central to this partnership is a comprehensive gen AI learning program, set to launch in August, aimed at equipping S&P Global’s 35,000 employees with essential AI skills. The program will utilise Accenture LearnVantage services, offering…
ICE Bonds and MarketAxess to Connect Liquidity Networks for Enhanced Fixed Income Trading
ICE Bonds, a division of Intercontinental Exchange, and fixed-income electronic trading platform operator MarketAxess Holdings Inc., are collaborating to integrate their liquidity networks. The partnership aims to boost efficiency and access to deeper liquidity in the fixed income markets, for the benefit of both the institutional and wealth management sectors. The integration, establishing connectivity between…
Latest people
DTCC Welcomes Four New Directors to Board of Directors
The Depository Trust & Clearing Corporation (DTCC), has added four new members to its Board of Directors. Brian Gallagher, Global Head of Markets Operations at JPMorgan Chase, brings over 23 years of experience in various leadership roles within the firm. Christopher Gelvin, Chief Operating Officer of Group Operations and Technology Office at UBS, has been…
Delta Capita Appoints Bradley Szu-Tu as Head of Client Lifecycle Management in APAC
Delta Capita, the Capital Markets consulting, managed services, and technology provider, has appointed Bradley Szu-Tu as the Head of Client Lifecycle Management (CLM) in the APAC region. Based in Singapore, Szu-Tu will oversee the expansion and management of Delta Capita’s CLM business across consulting, services, and technology for financial services clients, which currently number over…
London Stock Exchange Group Appoints Pascal Boillat as Chief Operating Officer
The London Stock Exchange Group plc (LSEG) has appointed Pascal Boillat as Chief Operating Officer, effective 1 July 2024. Reporting to CEO David Schwimmer, Boillat will be based in New York and will lead LSEG’s global operations division, supporting both internal and customer services. He will also join the Group’s Executive Committee. Boillat brings over…
CLS Appoints Five New Directors to Board at 2024 Annual General Meeting
CLS, the financial market infrastructure group, announced the appointment of five new directors to its Board of Directors at the CLS Annual General Meeting on 4 June 2024. The new board members are Teddy Cho (BNY Mellon), Scott Lucas (JP Morgan Chase), Akila Raman (Goldman Sachs), Peter Whitelaw (National Australia Bank), and Michael Lawrence (Independent)….
IPC Announces Leadership Transition: Kurt Adams Named CEO, Stuart C. Harvey, Jr. Appointed Chairman
As part of a planned leadership transition at IPC, the trading communications and infrastructure solutions provider, Kurt Adams will succeed Bob Santella as CEO, bringing over 25 years of experience in the financial and technology sectors. Adams previously served as CEO of Optum Financial and held executive roles at Fleetcor Technologies, U.S. Bank, and other…
IEX Group, Inc. Appoints Bryan Harkins as President, Ronan Ryan as COO, and Florian Seifferer as CSO
IEX Group, Inc. (IEX) has announced the appointments of Bryan Harkins as President, Ronan Ryan as Chief Operating Officer (COO), and Florian Seifferer as Chief Strategy Officer (CSO). Harkins brings extensive experience in multi-asset exchange trading, fintech, and capital markets, having held senior roles at Cboe Global Markets, BIDS Trading, BATS Global Markets, Direct Edge,…
Zayo Group Names Colman Deegan as CEO of Zayo Europe
Zayo Group, the global provider of network infrastructure, has appointed Colman Deegan as the new CEO of Zayo Europe, effective April 16, 2024. The strategic hire aims to accelerate the company’s expansion in response to the increasing adoption of cloud services and artificial intelligence across Europe. Deegan brings a wealth of experience to the role,…
Alex Grinfeld Joins Liquidnet to Co-Head Expanding Futures Division in the Americas
Alex Grinfeld, an 11-year veteran of Morgan Stanley, has been appointed as co-head of Liquidnet’s futures business in the Americas, reflecting the firm’s strategic expansion in global listed derivatives. Grinfeld, who previously served as Executive Director at Morgan Stanley and Vice President at Goldman Sachs, will lead alongside Brian Cashin, a recent hire from Bank…
Broadridge Appoints Frank Troise as President of Trading & Connectivity Solutions
Broadridge Financial Solutions has announced Frank Troise as the new President of Broadridge Trading & Connectivity Solutions and Vice Chairman of Broadridge Capital Markets, effective April 29, 2024. Succeeding Ray Tierney, Troise will lead the division into a new phase aimed at simplifying and enhancing multi-asset and multi-workflow trading across global markets. This strategic appointment…
Rob Kirby Rejoins QuantHouse as Head of Sales and Business Development for EMEA
QuantHouse, an Iress company, has announced the appointment of Rob Kirby as its new Head of Sales and Business Development for the EMEA region. Kirby, returning to QuantHouse after roles at Thomson Reuters, Refinitiv, and the London Stock Exchange Group, brings a wealth of experience from the financial data and trading systems industry. During his…
Appital Hires Former HSBC Trader John Coules Amid Growth Surge
Appital, the technology platform for peer-to-peer price discovery and liquidity sourcing, has recruited John Coules as part of its business development team. Previously a high-touch sales trader at HSBC, Coules’ appointment comes during a period of substantial growth for Appital, highlighted by achieving $4.0bn in buyside liquidity since the introduction of Appital Insights in September…
TradingHub Bolsters Leadership Team, Appoints New CFO and Global Head of Sales Amid Strong Growth
TradingHub, the trade surveillance software provider, has appointed Stephen Bergin as Chief Financial Officer (CFO) and Shayne Ganeson as Global Head of Sales and Relationship Management. The move aims to bolster the company’s market position and sustain its impressive trajectory of growth, underscored by a 30% increase in annual recurring revenue. Bergin, who joined as…
Sharon Biran Appointed as DTCC’s New Chief Client Officer
DTCC has announced Sharon Biran as its new Managing Director and Chief Client Officer, effective from March 25. Biran, succeeding Timothy Keady, joins DTCC’s Executive Committee and will report directly to President and CEO Francis J. La Salla. Her responsibilities encompass overseeing the firm’s global client management and engagement strategy, which includes sales, relationship management,…
SIGMA Financial AI Appoints Rachel Przybylski as Chief Product Officer
AI-driven trading solutions vendor SIGMA Financial AI has announced the appointment of Rachel Przybylski as the company’s new Chief Product Officer. With a career spanning over two decades in global financial markets, Przybylski has an extensive background with leadership positions at Saxo Capital Markets, Nasdaq, and Nomura. Her expertise includes managing complex trading and regulatory…
BMLL Appoints Former HSBC Executive Niall Cameron as Non-Executive Director
Historical market data and analytics provider BMLL has announced the appointment of Niall Cameron as a Non-Executive Director to support the company’s strategic development. Cameron, who’s career spans over three decades and has included executive roles at HSBC, IHS Markit, and ABN Amro, also joins BMLL’s group of investors. The appointment of Cameron, who comes…
Featured
FEATURED WEBINAR
Upcoming Webinar: Smart Trader Desktops: Placing UX at the front and centre of the trading workflow
Date: 15 October 2024 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Trading strategy is in place, the technology stack is optimised and the trading team is highly skilled – but what about the user experience? Whatever the stack, the desktop, the trading apps and their functionality, a trading platform is…
FEATURED EVENT
AI in Capital Markets Summit London
The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.
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
Interoperability and AI in Trading Workflows
Emerging capabilities in AI and interoperability are transforming trading workflows, with the promise of heightened levels of collaboration and personalisation resulting in greater efficiency and performance. The potential of these new technologies is encouraging financial firms to modernise their trader desktops and streamline operational processes. With AI and generative AI (GenAI) in particular still nascent...
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...
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
Meet the winners in 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.
