With a new contractor taking over the Consolidated Audit Trail project in March, the order-tracking system for all U.S. stock and option trading activity is pushing ahead with equities testing starting in December and a go-live date of April 2020.
Algorithmic trading has picked up steam in the corporate bond market as fixed income trading desks appear to follow the playbook of equities.
A FINRA working paper has raised concerns about broker order routing to affiliated alternative trading systems (ATSs), shedding light on order routing decisions and potential conflicts that can impact execution quality. Can a higher level of scrutiny by regulators be on the way?
Marco Bianchi, FlexTrade’s Head of Futures Business Development, discusses current trends and changes in the Derivatives markets for 2019.
Amid all the fire and fury of the battle over costs, there are signs that buy-and sell-side firms have shifted some of their execution needs for data over to consolidated market data feeds.
With volatility spiking in global stock and bond markets, there’s been a profound shift in market psychology from chasing higher yields to focusing on risk in the credit markets. FlexTrade’s Ivy Schmerken investigates.
Banks and investment firms have increased their consumption of alternative data sets, but there are still challenges around selecting the most relevant data for trading purposes, according to panelists at a recent industry fintech conference.
Despite a one-year delay and other missed deadlines, the order-tracking system known as the Consolidated Audit Trail is back on track as exchanges were due to begin reporting required equities and options data into the CAT on Nov. 15.
Despite some of the weaknesses in company-published ESG data, big data and artificial intelligence have enabled the construction of new data sets for analyzing investments.
In the future, analysts will consult artificial intelligence software to crunch big data, find historical precedents, and run statistics to predict what lies ahead, all within a few minutes.