The price-time requirement might not be enough anymore.
Data is harder to come by in the less liquid, off-the-run Treasury securities.
Buy-side order flow may be a poisoned chalice for digital trading venues.
Market shifts away from submission-based pricing, toward independently validated reference prices.
Firm aims to deliver top-notch, high-quality infrastructure to the capital markets industry.
New algorithms use quantitative approach to execution.
Crypto funds are not just for family offices and high-net-worth individuals anymore.
Legacy systems fight to support the novel asset class.
The aim is to lessen the burden on smaller regional banks and benefit the end users of derivatives.