SIX launches new data offering for global fixed income markets
The new offering is set to eliminate challenges of inconsistencies and errors facing clients using fixed income data.
Data
New report rebuts ‘unsubstantiated’ exchange responses as latest episode of market data cost saga unfolds
Latest report individually addresses every complaint by exchanges surrounding the original research and reaffirms original stance that the cost of data is too high.
Beyond the Data: Number of algo providers used by buy-side sees decline despite continued diversification push
There is a clear bifurcation in the industry between long-only firms who use five or more algo providers, and those who use just one, according to findings in The TRADE’s most recent Algorithmic Trading Survey, Long-only.
Goldman Sachs and FlexTrade enhance algo offering with API order status updates
New partnership makes Goldman the first broker to offer order updates via API on an EMS; launch is designed to enhance buy-side visibility on algo order performance intraday.
big xyt enters equities consolidated tape race
The launch of the first selection for the equity consolidated tape provider (CTP) is set for June 2025.
BMLL and Exegy partner on unified data stream
Specifically, the collaboration combines BMLL’s historical data with Exegy’s real-time OPRA data.
ESMA invites successful bidders to participate in next stage of EU bond tape tender
The European Securities and Markets Authority (ESMA) has communicated its decision directly to the relevant bidders, The TRADE understands.
Beyond the Data: Though buy-side largely satisfied with EMS providers there’s still considerable room for improvement
Ahead of the launch of The TRADE’s EMS Survey for 2025, Wesley Bray dives into the findings from last year’s iteration, exploring key progressions as well as which areas should be front of mind for the development of the sphere.
Broadridge’s new algo co-pilot: The first tangible use case of AI in trading?
Set to go live in March, the co-pilot aims to allow the buy-side to make more informed decisions on which algo strategy to use in a bid to reduce their implicit costs.
Data debate continues as MSP’s Niki Beattie recommends regulators pay greater attention to pricing criticisms
As market data prices continue to rise, efficiencies are not being passed on to the rest of the market, said Market Structure Partners’ Niki Beattie, speaking at a Plato Partnership event.