Order book
Four years of academic study on HFT yields complicated results
A transatlantic group of researchers has examined a treasure trove of market data to see whether or not high-frequency trading is a necessary component of today’s market structure. The answer is largely ‘yes,’ but with caveats.
This Week: FlexTrade Systems, NeoXam, Eventus Systems, Substantive Research
A summary of some of the past week's financial technology news.
This Week: SimCorp/JP Morgan; SGX/TNS; Barclays/MarketAxess and more
A summary of some of the past week's financial technology news.
LSEG to replatform Matching and FXall
Migration to stock exchange’s tech platform aims to deliver faster speeds and more order types.
BMLL partners with quants for HFT regulation
Researchers from a Paris university are using the provider’s data and coding environment to build models for more efficient regulatory approaches.
CDS trading remains stubbornly human
Buy-sider traders remain skeptical of the benefits of algo execution for credit derivatives.
Machine Learning will Create New Sales Bots on Trading Desks
Technologists are working to automate indications of interest from trading desks, according to UBS’s head of machine learning.
BMLL Now Has 5 Years of Order Book Data Available
Quants and data scientists can now access five years of Level 3 data through the vendor's Data Lab platform for use in alpha generation.
Eventus Systems to Add ML-Driven Trader Profile Feature to Validus
The new functionality will help to give context to market manipulation alerts.
OneMarketData Advances on Cloud Migration and Extends Asset Class Coverage
The vendor will roll out new coverage across OTC derivatives, fixed income, and FX in the third and fourth quarters.
Trading Technologies Preps September OMS Launch
The anticipated replacement for its X_Trader platform will share a tightly integrated ecosystem with its EMS, and will debut a raft of new order handling features.
Weighing the Benefits: Hardware Vs Software
In the pursuit of new ways to eliminate latency from the market data distribution and trading processes, vendors have invested in hardware-acceleration technologies, such as FPGAs. But with commodity chips now giving specialist hardware a run for its…
Nasdaq Updates Surveillance Offering to Build Trader Profiles to Catch Spoofing
The company is combining different data sources to help users spot market abuse and manipulation.
AlgoDynamix Pulls Trigger on ‘Magnum’ Price Forecasting Tool
The new tool captures crowding and clustering effects that can help forecast large price movements.
Fundamental Interactions Launches Auto-Hedging Tool for New Exchanges
Automated hedging service aims to jump-start liquidity at start-up venues, using proprietary mechanics to minimize slippage and boost profitability.
Crypto Markets Turn Traditional for Tools of the Trade
As interest in cryptocurrency trading refuses to wither, despite a bearish year, traders are increasingly calling for institutional-grade tooling from traditional markets to further develop the asset class.
Quantitative Brokers Preps Asia Expansion
The enhanced presence and a move beyond rates are a result of new CEO Ralf Roth's plans to scale Quantitative Brokers' business beyond its core interest rate futures focus.
The Fast and the Curious: The Latency Barrier for Institutional Crypto Traders
Institutional investors want to enter the crypto space but the lack of infrastructure around guaranteed latency and access to real-time market data is hindering a wider entry into the field. By Emilia David
Lightpoint Completes Series A Financing Round
The company will use the funds to further develop its cross-asset platform and expand its distributed-ledger program.
Waters 25: A Look Back on the Last Two Decades
Waters examines some of the most important events in financial technology of the past 25 years.
Dark Trading Caps Not Responsible for Periodic Auction Growth, Study Finds
FCA report find that growth in periodic auction trading is not a result of dark-trading bans.
Bond Trading Takes Steps to Resolve Voice and Screen Conflict
With Mifid II's deadline in the rear-view mirror, Hamad Ali gives a "State of the Union" for the fixed-income market and electronic trading platforms.
Market Cops Turn to Crime-Fighting Robots
An expanding use of artificial intelligence is taking over surveillance practices, but some believe there are limits to what can be achieved.
FCA Enhances Technology Firepower and Warns on Mifid II
The regulator says that it cannot create a layer of permitted compliance below European standards.