Financial systems connectivity vendor Centroid Solutions reports that it is offering retail brokers new, cost-effective market data connections by integrating a key Centroid offering with application programming interfaces (APIs) from software and systems provider Iress. The new links bring the real-time pricing of exchange-traded products and related transactions to Centroid’s client base, officials say. The… Read More >>
Prime Trading Taps Iress to Cut Data Latency
Proprietary trading firm Prime Trading has implemented solutions from Iress — formerly QuantHouse — to access key data feeds and transaction support services via application programming interface (API) links that boost data quality, cut data latency, and bring down costs, officials say. “Previously, during peak moments of high market volatility, Prime Trading experienced data latency… Read More >>
SEC Reveals Geeky Side via APIs for EDGAR
Wow. Who knew that the Securities and Exchange Commission (SEC) had a seriously geeky side? It’s no secret that the SEC and its documentation constitute an endless well of legal gobbledygook that will cure insomnia for many, instill zombie-like behavior in others, and force some individuals into an existential crisis. It is news, though, that… Read More >>
RJO Expands MENA Presence via Acquisition
RJO Acquires Lombard Forte Securities R.J. O’Brien & Associates, a Chicago-based futures brokerage and clearing firm, is expanding its presence in the Middle East via its acquisition of Lombard Forte Securities Ltd. (LFS), a Dubai-based interdealer broker (IDB). RJO, which acquired LFS through its affiliate RJO MENA [Middle East & North Africa] in Dubai, is… Read More >>
Nasdaq Data Now Available via Cloud Service
Exchanges operator Nasdaq recently hit a COVID-19 speed bump as it was preparing to launch its Nasdaq Cloud Data Service (NCDS), which uses application programming interfaces (APIs) to provide access to real-time exchange data, indexes, and fund data. Before a full launch, Nasdaq had to find out if the implementation of the new offering would… Read More >>
Goldman Sachs MTF Data Available via QuantHouse
SIGMA X MTF Debuts on QuantHouse Market data provided by a multilateral trading facility (MTF) operated by Goldman Sachs is available via QuantHouse, a vendor of systematic trading solutions including market data services, algorithmic trading support, and infrastructure products. The SIGMA X MTF market data flow from Goldman Sachs will be available as part of… Read More >>
Crypto-Currency Exchange Loses $40M via Hackers
Major crypto-currency exchange Binance recently shocked financial markets with the news that it suffered a “large-scale security breach” on May 7 that led to the theft of 7,000 bitcoins (BTC), valued at $40 million in total. The security breach comes as market interest in crypto-currency trading appears to be hitting its stride, according to a… Read More >>
IPC Extranet Links to Crypto-Trading Gateway
IPC Systems, a voice-trading, electronic communication and networking solutions vendor, is launching a partnership that facilitates extranet access to a platform from newcomer Omniex that supports the trading of digital assets via cryptocurrency exchanges and over-the-counter (OTC) venues. With this move, IPC is targeting buy- and sell-side firms that want to start trading digital assets,… Read More >>
Buy Side Can Access Fenics UST via QuantHouse
New API & QuantLink Access via QuantHouse QuantHouse, a provider of market data services, an algo trading platform and infrastructure solutions, can now offer its buy-side clients “quick and streamlined access to normalized real-time and historical data to trade the U.S. cash treasuries market” via a new link to the Fenics USTreasuries platform. The… Read More >>
AI & ML Will Jolt Back Offices: Report
While there has been a lot of hype over disruptive technologies and trends, artificial intelligence (AI) and machine learning (ML) could have the biggest impacts upon securities operations, according to a survey of asset managers, conducted by vendor Eagle Investment Systems and the Hegarty Group, a market research firm. The report’s authors acknowledge that while… Read More >>
