Buy-side becoming more reliant on TCA, with 85% of traders viewing it as an essential tool
Third-party TCA systems are the buy-side’s preferred choice when selecting a platform, according to a Coalition Greenwich report.
Data
Broadridge partners with BMLL to bring pre-trade analytics to its global sell-side OMS and Japanese buy-side EMS
The offering will see BMLL’s pre-trade analytics integrated into Broadridge’s global OMS, and Xilix EMS in Japan.
FIX Trading Community publishes updated MMT ahead of upcoming European consolidated tape
The new offering, MMT 5.0, is set to provide an industry data standard to help firms understand published transactions in European capital markets and maintain market data transparency.
Beyond the Data: Hedge funds’ use of dark liquidity seeking algos dips for the second consecutive year
Natasha Cocksedge delves into The TRADE’s 2025 Algorithmic Trading Survey – Hedge Funds, which revealed that despite a continued decline in the use of dark liquidity seeking algos, the strategy still remains a firm favourite amongst hedge fund managers for the time being.
TNS adds six Latin American exchanges to its network to expand data and connectivity offering
The firm has said that the expansion is driven by an increasing demand for simple market data delivered straight into the US.
Ultumus selects BMLL to enhance data and analytics for the ETF market
The offering combines Ultumus’ analytics with BMLL’s historical market data to provide greater insight into ETF trading efficiency for global clients.
IEX partners with DataBP to optimise market intelligence
Deal follows similar collaborations by MarketAxess and JSE in previous years.
EuroCTP submits EU equities consolidated tape bid
The group is currently the only confirmed bidder in the process and follows recent news that Bratislava Stock Exchange had become the company’s latest shareholder.
LSEG introduces Workspace addition for PowerPoint and Excel
Technological expansion showcases growth derived from LSEG and Microsoft’s partnership.
The rebundling conundrum
As regulators’ to and fro between research bundling and unbundling comes to an end with the recent joint payment option news, Claudia Preece rounds up the current state of play when it comes to the payment for research discussion and delves into the market reaction following the UK watchdog’s recent decision.