Nasdaq taps valantic to develop new Nasdaq Rates Trader interface
Beta testing for the new interface is expected to begin in February 2025; go-live is expected in October 2025.
Technology
SpectrAxe and OSTTRA partner to streamline FX options trading
The offering works from price discovery through to execution, booking, and risk management within the FX options market – combining SpectrAxe’s price discovery and execution CLOB with OSTTRA’s post-trade network.
Clear Street set to pick up Instinet’s Fox River algo trading business
The deal, once approved, will see Clear Street enhance its equity trading capabilities for the buy- and sell-side; transaction expected to close in Q3 2024.
Wintermute integrates spot and CFD liquidity into oneZero
The development will offer oneZero’s network of banks and institutions access to liquidity for over 350 spot and CFD crypto trading pairs.
Growth of US electronic equities trading sees interest in expanding team headcounts increase
Algo sales and desk coverage headcounts expected to be expanded the most in the next 12-18 months, according to a report from Coalition Greenwich.
Liquidnet enhances bond deal speed through incorporation of Boltzbit’s AI solution
Through the collaboration with Boltzbit, Liquidnet is now able to receive, process, and display newly announced bond deals at a significantly faster rate.
StoneX unveils new platform to increase efficacy of loan market
The offering, named StoneX LoanMatch, is aimed at the loan market and provides increased transparency and liquidity, as well as lower transaction costs.
BNY and BlackRock collaborate on front-to-back mandate with AIA
Hong-Kong headquartered insurance giant AIA will implement BlackRock’s Aladdin alongside BNY’s investment operations and data management solutions.
Beyond the Data: Higher speed and lower latency fastest growing priorities for algo users
Wesley Bray dives into the latest data from The TRADE’s Algorithmic Trading Survey – Hedge Funds, delving into the shifting motivations behind algorithm usage across the buy-side, including key areas of focus for hedge funds going forward.
C8 Technologies enhances FX hedging platform with carry strategies
Users of the platform will benefit from improved returns and strategy diversification when using its active hedging solution.