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RIP Trading Technology

Trading Technology is dead, long live FinTech!

MiFID III pooled trade data tape may shine a light on EU markets

Asset managers, brokers and market makers could get more market transparency as European Union regulators expedite long-considered plans to create an electronic system that collates trade data from trading venues and data aggregators – a consolidated tape – with MiFID III proposals due by end of Q3. LOGr-App.comLOGr-Research.com - Search Your Way - Category Engine (Targeted Selection: News/Financial/Shop/Style), Saved Searches, Fast Updates, Take Notes, Export with Citation, In the App Store https://apps.apple.com/us/app/logr-research-app/id1456324753

BuySide

Equiti Selects FlexTrade’s MaxxTrader Foreign Exchange Solution for their Prime of Prime Liquidity Services Offering

Sell-side FX broker dealers are now more than ever looking for single source FX trading solution that allow them to stay ahead of the game in the fast moving and competitive FX markets. MaxxTrader will enable Equiti to provide their prime of prime customers with seamless global FX liquidity aggregation, trade execution management, and institutional trading capabilities. https://www.businesswire.com/news/home/20210706005817/en/Equiti-Selects-FlexTrade%E2%80%99s-MaxxTrader-Foreign-Exchange-Solution-for-their-Prime-of-Prime-Liquidity-Services-Offering LOGr-App.comLOGr-Research.com - Search Your Way - Category Engine (Targeted Selection: News/Financial/Shop/Style), Saved Searches, Fast Updates, Take Notes, Export with Citation, In the App Store https://apps.apple.com/us/app/logr-research-app/id1456324753

FrontOffice

CME Group’s FX Link now integrated with Bloomberg

http://www.hedgeweek.com/2021/06/24/302391/cme-groups-fx-link-now-integrated-bloomberg 24/06/2021 - 9:48AM CME Group has made market data and order entry functionality for FX Link available on the Bloomberg Terminal to enable market participants to electronically access pricing, liquidity and trading for FX swaps in G5 currency pairs. LOGr-App.com LOGr-Research.com - Search Your Way - Category Engine (Targeted Selection: News/Financial/Shop/Style), Saved Searches, Fast Updates, Take Notes, Export with Citation, In the App Store https://apps.apple.com/us/app/logr-research-app/id1456324753

BuySide

Cowen Outsourced Trading chooses TORA OEMS for fixed income

Cowen Outsourced Trading has selected TORA’s Order and Execution Management System (OEMS) for Fixed Income across USA, Europe and Asia. https://www.institutionalassetmanager.co.uk/2021/05/05/299705/cowen-outsourced-trading-chooses-tora-oems-fixed-income

FrontOffice

Fidessa plays nice

There’s a way to finally get Fidessa data out of that machine. But you know it’ll cost ya.

Data

The New Tape Deal

Looks like the consolidated tape is an issue again.

Data

The Tape is 45 years old and very immature

When the stock market tape technology is older than my parents.

CryptoTrading

Bakkt Cash App aka NewAge Barter

Bakkt plans to wrap loyalty points, cryptocurrencies, gift cards, in-game digital assets and other forms of virtual rewards into one seamless user interface.

Data

Is Starlink HFT for all?

More satellites connecting more places may put HFT-type connectivity in the hands of retail investors.