PEGAS, the pan-European gas trading platform of EEX Group, operated by Powernext, has introduced spot and futures contracts for the Spanish Virtual Balancing Point (PVB). Physical spot products (Within-Ahead, Day-Ahead and Week-End contracts) and physically delivered futures contracts (Month, Quarter,
The financial services industry’s top priority for AI applications is data mining, according to the second annual AI Outlook Survey from Broadridge Financial Solutions. The survey, which explores the state of AI adoption and readiness among US financial services companies,
The Securities and Exchange Commission has charged a former bitcoin-denominated platform and its operator with operating an unregistered securities exchange and defrauding users. The SEC has also charged the operator with making false and misleading statements in connection with an
Predata, a predictive analytics company for anticipating geopolitical risk, has released a new suite of signals for US equities. The signals quantify online attention and concern to each of the eleven S&P equity sectors, as well as constituent companies and
Capital markets and banking technology specialist Sensiple is bringing its Regtech product SETREGA for MiFIDII, SFTR and EMIR compliance and reporting to the FR2 data centre in Frankfurt as part of a new agreement with Transaction Network Services (TNS). Sensiple
Refinitiv has made a strategic investment in alternative data platform and marketplace BattleFin forming a partnership which will provide customers with access to alternative datasets across its data platforms, including quantitative data management platform QA Direct in the Cloud. Quants
End to end systematic trading solutions firm, QuantHouse, has added Jane Street Financial’s systematic internaliser (SI) to its qh API Ecosystem. Liquidity provider Jane Street trades USD5.6 trillion across equities, ETFs and options. The firm commits its own capital and
When reviewing middle-office outsourcing proposals, this comment is not uncommon. However, the inclination to evaluate outsourcing by extrapolating in-house operating budgets and comparing them to outsourcing proposals is an insufficient method for determining the total value of a proposed outsourcing
Confluence is teaming with ICE Data Services to help asset managers meet their compliance obligations with respect to SEC Modernization and other regulatory reporting requirements. With the implementation of SEC Modernization, the increased frequency and depth of reporting required by
IHS Markit’s ClearPar service is now delivering syndicated loan trade settlement and trade funding information directly to custody systems using electronic messaging. The advance improves accuracy at custodians and reduces the risk of penalties that arise when buyers are late
