SGX offers ultra-fast trading cloud connectivity via Beeks - The TRADE
Markets technology specialist Beeks Financial Group has launched a new cloud service to provide ultra-low latency access to Singapore Exchange (SGX) trading platforms.
Industry
Nasdaq software failure causes market blackout at ASX - The TRADE
The Australian Securities Exchange has been forced to shut down completely after a software issue on its refreshed ASX Trade system created inaccurate market data.
European financial regulatory data - Towards Data Science
Note from Towards Data Science’s editors: While we allow independent authors to publish articles in accordance with our rules and guidelines, we do not endorse each author’s contribution. You should not rely on an autho…
Cboe-Powered Index Innovation for the Modern Investor - Traders Magazine
Cboe Global Markets and the VIX Index are a well-known pairing, but the global market operator also runs a robust index services business as part of its Information Solutions arm.
IDX launches Electronic Trading Platform in partnership with AxeTrading - IBS Intelligence
Fixed income trading software provider AxeTrading has launched an electronic trading platform with the Indonesia Stock Exchange (IDX) using its AxeChange technology.
FX algos contribute to thinning of order book, BIS report suggests - The TRADE
Execution algorithms for FX trading are contributing to the thinning of order books which could impact the ability to absorb market shocks, a report published by the Bank for International Settlements (BIS) has suggeste…
CME Has Fall in Average Daily Volumes - Traders Magazine
Total average daily volume at CME Group fell in the third quarter due to low levels of interest rate volatility, although volumes rose in metals, equities, agriculture contracts and outside the US.
EU stocks traded on UK venue in GBP not subject to share trading rules in latest compromise - The TRADE
European banks and buy-side firms will be able to trade certain EU-listed stocks on UK-based platforms post-Brexit, in a move that will ease some concern for market participants.
LSEG: Refinitiv Deal to Close in Q1 - Traders Magazine
David Schwimmer, chief executive of London Stock Exchange Group, said the potential sale of Borsa Italiana group will significantly contribute to addressing the European Union’s competition concerns about its purchase o…
London Stock Exchange vs EU: Refinitiv battle reveals unease over power of modern stock markets - The Conversation
Relations between London and Brussels have been better. While Brexit dominates the headlines, another cross-channel development has recently captured the attention of financial institutions. It concerns the the London S…
Why US and European exchanges face very different landscapes - fi-desk.com
While European authorities try to push more trading back onto stock exchanges, which have entered a period of consolidation, US regulators are angling for a more competitive exchange landscape and several new exchanges …
Vela deploys market data feed in AWS cloud - The TRADE
Data and execution technology provider Vela has deployed its normalised market data feed within the Amazon Web Services (AWS) cloud environment.
European Women in Finance: Nichola Hunter, building fixed income businesses - fi-desk.com
Nichola Hunter’s career advice is to be unafraid of taking a risk. Her decision to turn down a job at a big bank and join a start-up ultimately led to her appointment as chief executive of LiquidityEdge.
What is the Value of Market Fragmentation? - Nasdaq
With 13 exchanges currently and three more on the way, it’s an interesting time to ask, “How much does fragmentation benefit investors?”
On which exchanges do Bitcoin whales show the most activity - ForkLog
The number of Bitcoin whales has approached the level seen in September 2017, when Bitcoin moved toward its all-time high around $20,000. The indicator has been rising steadily since the start of the year, suggesting th…
Why ETFs Withstood the Coronavirus Crash - Tradeweb
This piece was originally published in March 2020. It has been updated to reflect ongoing developments. Jeffrey Cheng, Tyler Powell, and David Skidmore contributed to earlier versions.
MayStreet Raises $21M for its Capital Markets Data Platform That Powers the Financial Services Industry - AlleyWatch
The Four V’s of big data are Volume, Variety, Velocity, and Veracity such that firms in global capital markets need the ability to execute on all four V’s in unison and well in order to compete. MayStreet, the capital m…
SGX to acquire remaining stake in BidFX for $128 million - The TRADE
Singapore Exchange (SGX) has confirmed it will fully acquire institutional FX trading platform provider BidFX from TradingScreen for $128 million.
INTL FCStone to rebrand as StoneX Group - The TRADE
US broker and clearing firm INTL FCStone has confirmed it will rebrand to become StoneX Group shortly after completing its acquisition of online trading services provider GAIN Capital.
CMC Markets launches Prime Derivatives platform in Australia - FX News Group
UK based FX and CFDs broker CMC Markets has announced the Australia launch of its new Prime Derivatives platform, an advanced trading system providing institutional and professional partners in Australia with enhanced a…
World’s oldest exchange is Europe’s hottest venue of stock market listings - Gulf Times
For two years in a row, Europe’s largest stock-market listings have taken place in Amsterdam, which has beguiled companies with a deep pool of international investors and corporate governance norms that tilt in favour o…
Virtu Financial launches data-as-a-service platform - The TRADE
Virtu Financial has unveiled a new data-as-a-service platform via its brokerage and analytics division that provides access to multi-asset market data to subscribers.
Are Designated Market Makers Better in Stressed Markets? - Markets Media
NYSE’s Designated Market Makers (DMMs) are marketed as a way to intervene in trading, especially on volatile days, to absorb imbalances and to reduce volatility. Data shows that in reality, NYSE DMMs and floor brokers s…
Crypto exchange spreads soared during March market meltdown, B2C2 data shows - The Block
Spreads across digital asset exchanges soared during March as anxiety gripped global markets, according to data compiled by cryptocurrency over-the-counter trading firm B2C2.