SIX says it had asset managers’ needs in mind with the recent launch of global equity indices that offer more data choices and pricing options, integration via Web-based application programming interfaces (APIs), and new content packages. The SIX Global Equity Indices encompasses the SIX World and the SIX Broad & Blue-Chip Indices, officials say. “The… Read More >>
SIX Launches Crypto Reference Rates & Indices
Market and reference data provider SIX has launched the SIX Reference Rate Crypto and SIX Real-Time Crypto Indices for financial institutions and digital asset trading venue AsiaNext and its crypto derivatives transaction platform, officials say. “The SIX Reference Rate Crypto Indices are accessible for tracking and analysis through AsiaNext’s institutional crypto derivatives platform, as well… Read More >>
Exchanges & FINRA Told to Revamp NMS & Other News
SEC: Current NMS Has Too Many Conflicts of Interest Citing conflicts of interest in the current national market system (NMS), the SEC is ordering equity exchanges such as the Nasdaq Stock Market and New York Stock Exchange, and FINRA, the self-regulatory organization (SRO) for U.S. broker-dealers, to revamp and improve the governance of market data… Read More >>
Market Data Budgets to Rise by 10%: Report
Asset managers, wealth management firms, banks, and broker-dealers across the world are likely to boost their market data budgets by 10 percent or more next year in “priority areas including equities, fixed income, and alternative data, and by at least 5 percent across other asset classes,” according to a study from market research firm Coalition… Read More >>
Securities Tainted via Sanctions Up by 262% & Other News
Sanctioned Securities Creating New Woes for ETFs Data vendor SIX reports that the “number of securities tainted by sanctions has increased by 262 percent since the Ukraine war began in February 2022,” which creates a new set of operational problems for buy and sell-side firms especially those working in exchange-traded funds (ETFs). The discovery stems… Read More >>
QUODD Acquires Xignite and Other News
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 >>
CACEIS & RBC Investor Services Collaborate & Other News
CACEIS to Acquire Part of RBC Investor Services CACEIS, the asset servicing banking group of Crédit Agricole S.A. and Santander, and the Royal Bank of Canada (RBC) report that they have signed a Memorandum of Understanding (MoU) intended to result in the CACEIS acquisition of the European asset servicing activities of RBC Investor Services and… Read More >>
ICE Sells Stake in Euroclear for $825M
Silver Lake Buys ICE’s 9.85 Percent Stake American private equity firm Silver Lake likes Euroclear Holding’s growth path and has purchased Intercontinental Exchange’s 9.85 percent stake in Euroclear for €709 million ($824.8 million), officials say. Officials at ICE, the owner of the New York Stock Exchange (NYSE), say the past investment in Euroclear has been… Read More >>
Top Cloud Providers Join EDM Council Group: Q&A
(Late last month, a global trade association for data management, the EDM Council, announced that it had launched the Cloud Data Management Capabilities (CDMC) Best Practices Work Group with the mission of developing an open source CDMC Best Practice Framework that would accelerate cloud adoption and facilitate associated controls. The EDM Council, which has 10,000… Read More >>
