Key local challenges cited in the Trading Technologies and Acuiti report include finding the right local partners, understanding local rules and regulations and gaining access to regional markets via preferred clearing firms.
Clients of TT will now have access to TCA and regulatory services, with analytics from Abel Noser Solutions expected to be integrated into TT’s platform at a later stage.
As the buy-side increasingly seek higher quality and comprehensive data, providers are answering the call, focused on enhancing their services and increasing their scope.
Deal comes as part of Trading Technologies’ multi-asset data and analytics expansion after the vendor launched a new foreign exchange business line in June.
The past week saw appointments within the post-trade, fixed income and equities spaces.
The past week saw appointments from SIX Swiss Exchange, Outset Global, Aquis Exchange and Trading Technologies.
With an initial implementation phase scheduled for late 2023, the move becomes TT’s latest expansion into a new asset class following its acquisition of fixed income trading solutions provider AxeTrading.
Deal will give Trading Technologies full coverage of corporate, government, municipal and emerging market bonds as well as over the counter (OTC) interest rate swaps for the first time.
Integration will help reduce the time-to-market of price discovery from various participants, making use of TT’s large distribution network.
The synthetic order types now support products listed on Singapore Exchange, with plans to include products traded on Australian Securities Exchange, Hong Kong Exchanges and Clearing and Japan Exchange Group by year end.