big xyt secures €10 million capital injection
The investment from European growth investment firm Finch Capital is earmarked to facilitate big xyt’s global expansion.
Data
SIX could withdraw from EuroCTP consortium following Aquis deal
EuroCTP was first announced in the third quarter of 2023 and is backed by 14 exchanges as its shareholders and would be competing with Aquis and Cboe’s own consolidated tape initiative.
S&P Global Market Intelligence and MarketAxess partner to improve fixed income transparency and efficiency
The combination of S&P Global’s evaluated bond pricing with MarketAxess CP+ is expected to lead to more consistent pricing and greater efficiencies across the trade lifecycle.
BNY bolsters iFlow’s fixed income and equities data
“The new indicators are designed to provide transparency into unexpected market moves and show how markets have acted historically, helping to determine the potential vulnerabilities around shock events,” explained BNY.
The 20 greatest trading innovations
In celebration of The TRADE’s twentieth birthday, editor Annabel Smith rounds up the 20 greatest trading innovations of the last few decades, exploring the solutions that have overhauled and reimagined the processes that traders depend on day in and day out to execute in the markets.
Automation and TCA must go hand in hand
Fixed Income Leaders Summit 2024 panellists explore the need for in flight TCA as execution methods across the street are being enhanced by automation.
Charles River and Glimpse Markets unveil partnership
Glimpse describes the partnership as being a “game-changer” for its network and a step forward on its journey to democratising data access for the buy-side.
BMLL secures $21 million injection from Optiver-led investment round
The latest funding round also saw continued backing from existing investors Nasdaq Ventures, FactSet and IQ Capital’s Growth Fund.
ESMA to pick bond CTP by July 2025
The selection procedure for the bond consolidated tape provider (CTP) and the CTP for shares and exchange traded funds ETFs will launch in January 2025 and June 2025 respectively.
The TRADE announces Leaders in Trading awards shortlists for London event
Algorithmic Trading, Execution Management Systems, and Editors’ Choice Awards announced today with Buy-Side Awards set to follow later this week.