Report from FMSB emphasises limitations and challenges in adopting algorithmic trading in less liquid markets.
Formerly known as Velocity, the buy-side trade group’s FinTech initiative has been renamed Engine.
New Cloud Data Service from US exchange group Nasdaq will provide industry players around the world with real-time data.
Known as Striker, the algorithm will initially support execution of options in CME treasury futures.
Go-live projects for Charles River are expected to be lengthened, as State Street rethinks revenue expectations for the business this year.
BlackRock onboards new Aladdin clients as platform processes record volumes despite COVID-19 disruption
Seven new clients have been onboarded to Aladdin in recent weeks despite most of the BlackRock workforce working remotely.
Consortium has teamed up with Urvin.Compliance to establish a central repository platform for due diligence and a record of communication between counterparties.
Industry veteran and co-founder of Pellucid Analytics joins financial operating system OpenFin in senior role.
Partnership will see mutual clients of Cassini and AcadiaSoft benefit from front-to-back margin optimisation.
Charles River said last year it would use Microsoft Azure to boost its computing capacity to serve clients.