There are now 24 banks on the fixed Income network for real-time “axe” indications.
DTCC ensures a smooth and orderly back office for more than 100 million trades per day.
Participants need new data to navigate expected changes in market structure.
MiFID II prompts asset managers to assess the true value of research.
Under MiFID II the buy side needs to know which firms are systematic internalisers for individual securities.
High-profile changes at brokers highlight this week's personnel moves in the securities space.
Asset managers just need to know where to look.
"There are fewer things that can break," one Wall Street CTO says.
Vela Trading Technologies is one firm on the acquisition trail.