The BARX platform harnesses the bank's data science capabilities for better trade analytics.
TradingScreen notes that for hedge funds, equities 'electronification' is only one piece of the puzzle.
The initial focus will be on ultra-low latency market data solutions.
Post-crisis regulation has pushed markets toward centralised clearing.
It´s about lowering the overall cost of trading.
Technology, quant research and onboarding are among key areas, says Cantor's Kathryn Zhao.
About 80% of the cost structure comes from reconciling data.
Influence of the buy side as price makers varies across product and venue.
The surge in corporate bond electronification may be over, but innovation in the space is not dead.