Bloomberg, MarketAxess and Tradeweb take the wheel in European fixed income tape plans
The three platforms have set out plans to apply to become the consolidated tape provider through the public procurement procedure.
Data
Deutsche Börse integrates Kaiko data to expand institutional crypto capabilities
Kaiko will provide the German bourse with tick-level trade data from all centralised (CeFi) and decentralised (DeFi) cryptocurrency exchanges.
Who remembers The Coba Project?
As the industry’s first attempt at a consolidated tape 10 years ago, The Coba Project eventually fell through due to a lack of support from participants.
Battle lines are drawn over European consolidated tape plans
Cboe, AFME, EFAMA and BVI have drafted their position on how they think a consolidated tape should be implemented in Europe; the German finance ministry is reportedly leading the opposition.
BestExHub shuts down operations after nearly five years
Following ongoing changes in the regulatory landscape, the two co-founders have decided to close operations and will cease to provide the firm’s data API offering.
Courts deny Nasdaq’s attempts to halt market data rule changes
US markets watchdog has thrown out claims from the exchange that its proposed new rules around market data put incumbent venues at a disadvantage and harm the markets.
Robeco to access Goldman Sachs pre-trade cluster analytics via FlexTrade EMS
The move is designed to help the Dutch asset manager optimise on its best execution obligations.
Kepler Cheuvreux and BMLL partner on order book analytics and algo development
The collaboration will free up Kepler’s quant researchers to spend more time on research and less time on data management.
TradeTech: AI-enabled algo developments will drive price discovery
Decisions must be based on data, but you cannot ignore the human element, finds TradeTech panel.
Johannesburg Stock Exchange is first to market with equity data analytics platform
The platform, in partnership with big xyt, provides daily online trading analytics for listed shares and ETFs.