Tuesday, May 30, 2023


Flash Friday
FLASH FRIDAY: Focus on Pre-Matching Trades for T+1

FLASH FRIDAY: Focus on Pre-Matching Trades for T+1

U.S. implementation date is one year away.


Traders Feature

Best Equities Trading Platform: Instinet

The firm's platform is developed and supported around client workflow needs.


Joint Financial Services Trade Associations Comment on Debt Ceiling Agreement

Industry groups including ICI and SIFMA "respectfully urge our public leaders to finalize the debt ceiling deal."

COO of the Year: John Palazzo, IntelligentCross

IntelligentCross's COO talks about his career and disruptive technologies.

ON THE MOVE: Darrin Sokol Leaves Lazard; Roman Chwyl Returns to IBM

The weekly recap of new hires, promotions and job changes in capital markets trading and technology.

IEX Improves Protection Against Adverse Price Moves

The update allows IEX to effectively cover 60% more adverse moves in the BBO.

J.P. Morgan Launches 24th-Annual Summer Reading List

To curate the list, J.P. Morgan Client Advisors worldwide submitted hundreds of non-fiction titles.

Cboe Launches 1-Day Volatility Measure

The VIX1D Index aims to provide real-time insights into market dynamics.

FIA Tech Expands Reference Data-Sharing with LSEG

LSEG is part of the FIA Tech Databank Network, which unifies reference data from over 80 exchanges and CCPs.

SIFMA Statement on HFSC Vote to Extend MiFID II No-Action Relief

Industry group says without an extension, buy-side firms will lose access to important research services.

Best OEMS: Charles River Development

Vidya Guruju, Director of Product Management, speaks about the firm's recent accomplishments.


TECH TUESDAY: Assessing the Fight Against Financial Crime

SIFMA event covered the industry’s most pressing topics in AML and AFC.


The Difficulty of Implementing Revolutionary Changes

The Difficulty of Implementing Revolutionary Changes
By Laurence Hamilton, Chief Commercial Officer, Consilient



Sanctioned Securities More Than Triple Amid War in Ukraine

Sanctioned Securities More Than Triple Amid War in Ukraine
About 7% of all ETFs contain securities tainted by sanctions, SIX data shows.

Mizuho to Acquire Greenhill 

Mizuho to Acquire Greenhill 
Following completion of the transaction, Greenhill will operate globally from its 15 locations around.

Best Buy-Side Fixed Income Trading Desk: Parametric Portfolio Associates

Best Buy-Side Fixed Income Trading Desk: Parametric Portfolio Associates
Parametric's Executive Director speaks about fixed income trading trends and innovative technologies.

Best New Product: GlobalLink Digital, State Street

Best New Product: GlobalLink Digital, State Street
Head of GlobalLink Digital discusses trading needs and gives outlook for buy-side trading technology.


SEC Proposes Rule Amendments And New Rule For Clearing Agencies

The proposal would require that a covered clearing agency have policies and procedures to establish a risk-based margin system.

Eventus Report Details Global Regulatory Priorities for Broker-Dealers in 2023

The report includes recommendations for compliance leaders.

FINRA Expels SW Financial

The broker-dealer made misrepresentations to customers and violated Reg BI.


Schwab Makes Digital Trading Enhancements

New tools include SnapTicket and streaming market data.

Binance Launches AI-Driven Education Tool

The platform aims to transform how users explore and interact with educational content.


TMX, Clearstream to Launch Canadian Collateral Management Service

Exclusive domestic tri-party repo capability will increase liquidity and minimize exposure risk.

TradeStation, Plaid Partner on Financial Account Connectivity

Integration enables customers to link their account data from their financial institution through Plaid’s API into TradeStation.

Taskize, Symphony Integrate to Enhance Real-Time Post-Trade Issue Resolution

Users can stay on their platform of choice with no need to copy/paste from one system to another. 

Best Algorithmic Solutions Provider: Pragma

Pragma's CEO speaks about the firm's approach to execution quality and recent accomplishments.

Lee Olesky to Retire from Tradeweb

Olesky co-founded Tradeweb in 1996.

Digital Assets

LMAX Digital, Zodia Custody to Provide Infrastructure and Custody for CoinShares

The separation of exchange execution from custody, clearing and settlement functions is at the forefront of customer demands.

AIMA Publishes New Guide on Digital Asset Trading

The guide highlight some key enterprise risks and due diligence considerations.

Enclave Markets Launches Spot Trading Platform

New platform will have the performance of a centralized exchange with protections of a decentralized platform

GCEX Extends Partnership with Komainu

The partnership enables GCEX to offer staking services to its clients.

Bosonic Approved as Broker-Dealer & ATS for Digital Assets

The ATS plans to commence operations in May 2023.


[activecampaign form=12]