(FTF News recently got time with Spencer Mindlin, an Aite Group analyst who focuses on capital markets, including exchange-traded funds (ETFs). For the Q&A, Mindlin tackles market structure and related issues. At the Performance Measurement Americas event, March 11-12 in New York, Mindlin will take part in the panel, “The New Burdens of ETFs.”) Q:… Read More >>
Quest Partners Leaves Legacy Vendors for QuantHouse
Quest Partners LLC, a New York-based, quantitative trading firm, has dispensed with several legacy vendors for market data and infrastructure services, and is using solutions from vendor QuantHouse for core trading requirements. Quest is registered with the CFTC as a commodity trading advisor (CTA) and a commodity pool operator, officials say. It’s also a member… Read More >>
Firms Want More Electronic Fixed Income Trading: Survey
Electronic trading platforms that facilitate fixed income transactions are increasingly becoming the preferred execution avenues while sourcing liquidity is the most important factor when selecting a venue, according to the Liquidnet’s first Fixed Income Institutional Voice Survey with U.S. and European institutional traders. The survey finds that discussions around trading have moved toward an increase… Read More >>
ITG Expands TCA Service to Fixed Income Markets
Independent broker and financial technology vendor, Investment Technology Group (ITG) is expanding its transaction cost analysis (TCA) platform to serve the fixed income market as a way to help industry participants meet best execution and other regulatory requirements for MiFID II and other reporting regimes. The ITG’s new fixed income TCA support provides institutional investors… Read More >>
Ipreo Applies FIX to Fixed Income Workflows
Ipreo Pulls Together an Industry-Led Effort Ipreo, a market intelligence and workflow solutions vendor, is embracing the FIX Protocol to help end-users optimize and streamline fixed income deal workflow. The results of Ipreo’s efforts is the industry-led initiative, the Ipreo Investor Access platform, which has the capability to electronically submit fixed income orders directly to… Read More >>
E.U. Kills LSE-Deutsche Börse Merger
On the same day that Brexit launched, the London Stock Exchange Group (LSEG) and Deutsche Börse have definitively called it quits after the European Commission prohibited the proposed merger, citing the potential of a monopoly in the markets for clearing fixed income instruments. The E.C. investigation “concluded the merger would have created a de facto… Read More >>
Broadridge Girds Post-Trade Arsenal via Third Acquisition
Broadridge Financial Solutions has acquired for an undisclosed amount post-trade specialist Message Automation Ltd., making this the third major company purchased by Broadridge in its bid to broaden its post-trade and data analytics capabilities. Broadridge’s previous post-trade related acquisitions were: In June 2016, Broadridge expanded its global securities financing and collateral management capabilities via the… Read More >>
Linedata Admin Edge to Get New Links to Morningstar’s BondPro
Linedata Extends Morningstar Agreement Investment management systems vendor Linedata is expanding its fixed income and credit derivatives coverage for its fund services clients via an extension of its partnership with Morningstar, officials say. “The partnership will provide expanded analytics to meet the requirements of alternative funds and [separately managed accounts] and enhances Linedata Admin Edge’s… Read More >>
Buy Side Faces Many Fixed Income Woes
(Editor’s note: Buy-side firms working in the U.S. Treasury markets have been challenged by structural issues such as ongoing regulatory reforms, liquidity problems and market concentration. OpenDoor Trading is hoping that it can help firms navigate around these problems. Susan Estes is the founder and CEO of OpenDoor Trading and has more than 30 years… Read More >>
Global Markets to Brace for E.U. Regs in 2017
(FTF News is sampling the flurry of securities industry predictions that are hitting as 2017 becomes reality and 2016 starts to fade. This review of predictions will be presented in three parts this week. This is the first installment (click here for second installment and here for third installment) and it focuses on what may… Read More >>
