House Members Grill Regulators Over Fintech Efforts
At a House Financial Services Committee hearing last week, members spent their time venting their frustrations and wondering out loud whether these agencies’ oversight of the rapid technological advancements in financial markets and services is working as intended.
Technology and Innovation Spur Rapid Growth in Outsourced Trading
Whether a move towards full outsourcing or a supplement to the trading desk, outsourced trading is a trend on the rise, driven in part by the desire to leverage extended technology capabilities. As a result, firms must carefully assess the strategic advantages of entrusting their trading desks to external providers.
Facing the Rising Cost of Market Data
The relentless pursuit of data accuracy has given rise to a resilient market for data despite continued rising costs, and the buy-side sees no relief in sight..
The Quest for T+0 Settlement: A Transformation of the U.S. Financial System
As the May 2024 deadline for T+1 (next-day) settlement approaches, the possibility of achieving same-day settlement, known as T+0, has captured the attention of industry stakeholders and regulators.
Capitalizing on Complexity: The Renaissance of Options Trading Fuels Data Solution Demand
The rapid increase in options contract trading volumes is igniting a demand for data management services by trading desks and operations seeking to better handle the growing influx of data flows. How are vendors taking on the opportunity.
SEC Opens Door for AI Exchange Execution Technology
Nasdaq’s revolutionary AI-driven exchange order execution tool, Dynamic Midpoint Extended Life Order (M-ELO) heralds a transformative era of AI-powered advancements in trading practices across the financial sector.
Private Credit Offers Opportunity for Digital Lenders to Expand Market
Digital lending is a small but growing sector for fintechs, but a much bigger market beckons: the private credit market, which has grown to over $1 trillion.
Competitive Differentiation Remains the Focus in Online Retail Trading Wars
The convenience, accessibility, and global connectivity offered by discount and mobile-based online trading firms continues to attract a broad range of retail investors, helping to further fuel the ongoing discount brokerage wars.
This Week’s Crossword Puzzle – Algorithmic Trading
This week’s crossword puzzle is about algorithmic trading. These trading solutions are widely used to process orders using pre-programmed and automated trading instructions to account for variables such as timing, price, and volume.
Citi’s Digital Custody Technology Holds Potential to Reshape the Bond Market
In a watershed moment poised to reshape the bond market, Citi Securities Services has seized the mantle as the pioneer and potential catalyst for revolutionary changes in bond trading.