QUODD to Get 500 Market Data APIs from Xignite QUODD, a cloud-native provider of market data on demand, has acquired Xignite, a San Mateo, Calif.-based provider of financial market data application programming interfaces (APIs), which will allow QUODD to offer more than 500 market data (APIs), encompassing millions of instruments across all asset classes, officials… Read More >>
Iress & Centroid Craft Market Data Links for Brokers
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 >>
FTF & the VX Launch the FTF Research Institute!
FTF officially launched the FTF News service on Valentine’s Day 2011, and I’m happy to say that 12 years later, we are still going strong. Perhaps for the sake of inviting good luck, on Valentine’s Day 2023, FTF and the ValueExchange (the VX) officially launched the FTF Research Institute, formed through a new partnership with… Read More >>
UBS Securities Hit With Another FINRA Fine
UBS Securities, a subsidiary of the world’s largest private bank, is in trouble with FINRA, the brokerage industry’s self-regulatory organization (SRO). It’s not the first time. From the regulatory authority’s customary Letter of Acceptance, Waiver and Consent (AWC), FINRA alleges: “From September 2015 through January 2019, UBS-S published inaccurate monthly statistics regarding execution of covered… Read More >>
CFTC Picks a New IT Infrastructure Contractor
The Commodity Futures Trading Commission (CFTC) reports that it has transitioned core IT infrastructure and operations support services to GovCIO, an IT and digital solutions provider to the federal government, replacing General Dynamics IT (GDIT), which had been serving the regulator since 2015. The CFTC’s $139 million, 10-year contract with GovCIO is not an outsourcing… Read More >>
Northern Trust Consolidates Firefighter Pension Funds & Other News
300 Pension Funds Rolled into FPIF Northern Trust played a key role in a pension consolidation project that pulled together the assets of 300 firefighter pension funds across Chicago and other parts of Illinois and led to the creation of the Illinois Firefighters’ Pension Investment Fund (FPIF), officials say. The Northern Trust Transition Management team… Read More >>
Bloomberg Debuts ETF List-Trading Function & Other News
ETF Function Stretches Across 100 Liquidity Providers Bloomberg has launched a list-trading service for exchange-traded funds (ETFs), dubbed the ETF Request for Quote (RFQe), that helps traders with pricing and liquidity searches across multiple-asset ETFs via “more than 100 liquidity providers,” Bloomberg says. RFQe builds upon current functions to help clients trade multiple securities with… Read More >>
Coinbase Europe Fined $3.6M by Dutch Central Bank
It’s been a tough year for Coinbase and we haven’t even reached Valentine’s Day yet. If you’re so inclined, you can trace the troubles of the present-day cryptography movement back to Japan in 2010 and the rise of Mount Gox, the original bitcoin power. It was a quick rise and a fast fall: by 2014,… Read More >>
State Street to Use AWS & Azure for Overhaul & Other News
Two State Street Data Centers to Move to AWS State Street Corp. has picked Amazon Web Services (AWS) as a cloud services and data center provider while simultaneously expanding a current contract with Microsoft’s Azure cloud services in order to give clients real-time data access across State Street tools and third-party services thus streamlining investment… Read More >>
Should Banks Disclose Climate Targets of Portfolio Companies?
As global climate instability rocks regions and countries, we know what Greta Thunberg would say. Young people may not have any future at all, the famous Swedish teen eco-activist and climate sybil would exclaim, because “that future was sold so that a small number of people could make unimaginable amounts of money.” Presumably, Ms. Thunberg… Read More >>
