More than 50% of the market contributed to the launch of the service, with participation expected to increase to over 80% in the coming weeks.
Incoming senior business development managers bring considerable experience to TraditionDATA, having previously served at SmartStream, Thomson Reuters, Broadridge and Bloomberg.
Ray Bencheikh joins BGC’s Fenics Market Data division to lead data operations globally after previously working at CME, NEX Group and ICAP.
Vela has added Fenics US Treasury to its direct market access platform offering clients access to cash and derivatives trading venues.
A data feed for the Fenics US treasuries trading platform will be available via MayStreet as market data vendor expands portfolio.