Commentary

Ivy Schmerken
Traders Magazine Online News

Ethical FX via the Global Code

With the release of the FX Global Code for the wholesale foreign exchange market last month, the FX industry is counting on a single set of guidelines to prevent bad behavior in currency trading.

Traders Poll

Do you think the market regulators are doing enough to help improve the equity market structure?

Yes

14%

No

41%

They should leave things alone

24%

Let Trump and Congress have a crack at things

22%

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Technology Channel

News

Instinet and Virtu Enter into Liquidity Streaming Partnership Ahead of MiFID II

Instinet and Virtu Financial launch liquidity streaming relationship Providing buy and sell side clients with aggregated liquidity in anticipation of MiFID II regulations

IHS Markit and Deloitte to Address MiFID II Compliance for Outreach and Repapering

IHS Markit announced a strategic alliance with Deloitte to address MiFID II regulatory challenges.

Eze Software Launches MiFID II Commission Management Platform

Eze Software, a provider of investment technology, is rolling out a new cloud-based commission management platform designed to help the buy-side manage MiFID II requirements.

Charles River and Luminex Partner Up On Liquidity Sourcing

The integrated offering enables the firms’ mutual clients to improve access to liquidity while reducing trading costs and minimizing market impact.

Shining a Light on Market Data Costs

IEX's John Ramsay discusses that there is remarkably little light in the form of data about rising data costs. Throwing more light on this issue, he contends, is one good way to make progress on resolving it.

Sapient Creates Cloud-based Regulatory Compliance Solutions Via Azure

Sapient Global Markets, a global provider of business technology and consulting services for the financial and commodity markets, announced it will deliver highly scalable, reliable and secure business services powered by a financial trade data hub using Microsoft Azure.

OTC Markets Says CAT Fees Are Catastrophic

What an abuse of power. That’s the reaction of OTC Markets to the proposed fee schedule put forth by the Consolidated Audit Trail (CAT) Plan Operating Committee in recently submitted comment letter to the Securities and Exchange (SEC), OTC voiced its opposition to schedule.

The Alternative Data Vendor Survival Guide

Fans of alternative data, see it as the “secret sauce” that can give investors a richer, more nuanced view of markets than standard market data quotes and benchmarks. But, according to MayStreet, no matter how many successes alternative vendors log, their path to survival is fraught with pitfalls.

Not Your Father’s NYFIX

In this sponsored article, connectivity provider Ullink reviews the origins of FIX and examines what makes a successful network in the current market microstructure.

Vela to Acquire OptionsCity

Vela Trading Technologies LLC (Vela), a trading and market data technology, has entered into a definitive agreement to acquire OptionsCity Software, a global provider of futures and options trading and analytics solutions.

Misys and D+H Combine to Create Fintech Firm Finastra

Misys and D+H have joined forces to create a diversified global financial software provider, unmatched in terms of depth and breadth of solutions.

Trax and Bats Europe Connect for MiFID II Equities Trade Reporting

By linking directly to Trax, firms can reduce technical burdens through a single reporting connection and improve flexibility in reporting designation by routing reports to either the cross-asset class Trax Approved Publication Arrangement (APA) or the Bats APA for equities.

FINRA Launches Fintech Outreach Initiative

The Financial Industry Regulatory Authority (FINRA) announced it has established an Innovation Outreach Initiative to foster an ongoing dialogue with the securities industry.

MackeyRMS Launches Mobile Broker Vote Platform, BrokerBallot

BrokerBallot allows investment managers to easily aggregate and organize real-time feedback from broker-organized events.

Axioma Partners with Omega Point on ‘Quantamental’ Fundamental Investing

Omega Point clients can now access Axioma’s suite of factor models via their existing workflow.