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.
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.
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.
Increasing data pricing now outpacing firms’ budgets, with some firms paying up to 12 times more than peers for some products, a joint whitepaper from Substantive Research and Expand Research finds.
BlackRock, Barclays and SocGen among the ten signatories who are endorsing an equity consolidated tape (CT) wherein data is “disseminated to users with an end-to-end latency of 100 milliseconds or faster,” among other points.
The two prototypes consist of a ‘blotter’ each, comprised of the trade reports published on a given day.
The move with LSEG’s Yield Book business is set to enable SimCorp to complement its Axioma Risk models and portfolio construction capabilities.
LSEG’s Trade Discovery offering aggregates data across: rates, credit, FX and equities; compliance solution is set to help with Fundamental Review of the Trading Book (FRTB) regulation.
Through the deal, Autochartist’s cloud-based analytics and data engine is set to be integrated into oneZero’s offering.
The expanded coverage pertains to LSEG’s Tick History PCAP, and Real-Time-Direct solutions.
Specifically, level three order book data for ASX 24’s XSFE and JSE’s XSAF and ZFXM are now available in the BMLL Data Lab.