The deal accelerates Nasdaq's strategy of growing recurring SaaS revenues.
The UK exchange-traded derivatives clearing firm will deploy the cloud-based version of Eventus Validus.
FInancial markets are increasingly reliant on electronification and collaboration tools.
DTCC said global broker-dealers spend $150m to $175m on post-trade services for cash securities.
The partnership aims to bring more efficiency to Equity and ETF execution workflows.
As cloud and data technologies shape the evolution of automation, COVID-19 has its own impact.
The buy-side owned and operated block trading destination celebrates its 5-year anniversary this month.
SEC Rule 606(b)(3) shows that transparency and collaboration can go a long way toward improving buy-side trade execution.
Clients need greater transparency on routing destination and venue analysis.
