Solutions
EBS BrokerTec, a NEX Group business that provides electronic trading technology and services to the fixed income and foreign exchange (FX) markets, is to implement Nasdaq’s SMARTS Market Surveillance technology.
SMARTS Market Surveillance will be integrated within the EBS and BrokerTec platforms to monitor the US Treasuries, FX, and US and EU repo markets order submission and trading behaviour. Nasdaq and EBS BrokerTec have been technology partners since 1999.
"The EBS and BrokerTec platforms are the industry standards for the markets that we operate in and as such we have an obligation to protect the integrity of the FX and
The Singapore Diamond Investment Exchange (SDiX) and the Multi Commodity Exchange of India (MCX) have formed a strategic alliance to launch spot and derivatives contracts on diamonds in India, including using the SDiX-traded reference prices.
The goal of this strategic alliance between SDiX and MCX is to develop, design and launch, with the relevant regulatory approvals, the first diamond derivatives contract of its kind anywhere in the world. The contracts will utilise actual traded spot prices for the daily and final settlement of diamond contracts. The MoU serves as the foundation for both exchanges to collaborate in the areas of
Convergence has launched Advisor Complexity Profile (Complexity), a new service designed to address the challenge of operational and business model transparency in the alternative asset management industry.
Complexity provides insight into all the major alternative asset classes, including hedge funds, private equity, real estate, venture capital, and structured asset funds, incorporating approximately 8,300 managers in more than 50 countries, and assigns each of them a high, medium or low complexity profile. It is designed to meet the needs for improved transparency and analysis for all the major industry participants: investors and asset allocators, assets managers, and service providers.
“The
ACTIV Financial, a provider of real-time, multi-asset financial market data solutions and big xyt, a provider of cloud-based data and analytics solutions across large datasets, are to launch the ACTIV X-ray Store, allowing customers to access delayed tick data from global trading venues with a unique data quality including master data, trades, quotes and market depth.
Data is available for download, visualisation and analytics.
With the new functionality of the X-Ray Store customers now have access to: tick data for trades, BBO and market depth (market-by-price and market-by-order); convenient checkout via Paypal or Credit Card; download via http link; and coverage
Though the market data industry has operated fundamentally in the same manner for over a generation, the advent of cloud-based service delivery is bringing change for the options available to the capital markets community.
TABB Group’s latest report, “Stairway to the Market Data Cloud: As a Service Model Comes to Market Data,” reviews progress in security, operations and API suites that now enable next generation delivery of cloud based market data services.
According to report author Terry Roche, who interviewed a select group of senior executives at both buy- and sell-side firms for the study, the time is ripe
TIGF, the French natural gas system and storage operator, is to extend the operating schedule of market-based balancing operations on the Trading Region South hub via the PEGAS platform as of 15 February 2017.
TIGF’s interventions on PEGAS previously took place on weekdays only.
In order to cope with the latest regulations on balancing, TIGF has decided to extend its operations on PEGAS TRS Within-Day contract seven days a week. To limit operational risks, as well as organisational costs and constraints, TIGF decided to perform its interventions through a system of automatic algorithms. A strictly regulated and non-predictive mechanism, as
Euronext has formed a strategic partnership with AX Trading, a US-based FinTech company, to create a new block trading service for equities.
The platform will be based on AX Trading’s leading edge technology and owned and operated by Euronext. The service will cover large in scale orders in European equities from small caps to blue chips. Market participants across Europe will be able to execute blocks in a trusted environment that bridges the gap between human, high-touch trading and electronic, low-touch execution. The platform is scheduled for launch in mid-2017 pending regulatory approval.
Regulatory change, technology, best execution and
Quandl, a platform for financial, economic and alternative data, has added ICE Data Services’ US Treasury evaluated pricing and reference data to its offering.
ICE Data Services is a part of Intercontinental Exchange, a leading operator of global exchanges and clearing houses and provider of data and listings services.
The comprehensive Treasury database includes prices, yields, derived metrics and detailed metadata for Treasury bills, bonds and notes. Through Quandl, the database is available in a variety of formats, including via API or via libraries for Excel, R, Python and other tools.
“Treasury data is an essential part of
Berdon Fund Services, a New York-based fund administrator has incorporated FundCount’s accounting and investment software into its service offering.
FundCount is a Boston-based provider of integrated investment, partnership and general ledger accounting software that has been working with hedge funds, family offices and fund administrators since 1999. Berdon Fund Services’ adoption of the FundCount platform will enhance its service approach – by providing a robust solution that will enhance efficiency and overall client service – and better position the firm for growth.
Berdon Fund Services, an affiliate of New York-based Berdon LLP – Accountants and Advisors, was launched in 2015
BTL Group is working with a group of leading energy companies, including Wien Energie, Austria’s largest regional energy company, on a blockchain pilot using BTL’s Interbit platform.
As with previous projects that BTL has successfully completed in this space, the goal is to demonstrate how BTL’s technology can significantly drive down costs associated with energy trading. This revenue generating pilot will run alongside the other work BTL is continuing to undertake in the energy and finance industries.
Guy Halford-Thompson, Chief Executive Officer and Co-Founder of BTL, says: “We are very excited about working on this project with a number of
