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Cloud increasingly the primary choice of deployment for post-trade workloads and trading, as market readiness accelerates

The TRADE

The Cloud is increasingly the primary choice of deployment for post-trade workloads and trading, a new Nasdaq paper has found, with market readiness one of the factors driving the adoption.

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Aquis Stock Exchange first to adopt cloud-based matching engine

The TRADE

This week the Aquis Stock Exchange has become the first recognised investment exchange (RIE) to run a cloud-based matching engine, having achieved a full migration. All Aquis Stock Exchange trades are now being matched and executed successfully while running on Amazon Web Services (AWS) as of 27 November.

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Wood Group suitor pulls out of takeover, blaming market turmoil

The Guardian: Mergers & Acquisitions

Shares in FTSE 250 company slump 37% in early trading after Dubai-based Sidara cites geopolitical risk The share price of the British oil services company John Wood Group has plunged by more than a third after a Dubai-based suitor pulled out of a purchase amid global market turmoil. Continue reading.

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Digital asset exchange Bullish taps Adaptive and Google Cloud to enhance trading

The TRADE

Adaptive Financial Consulting has collaborated with regulated digital asset exchange Bullish to increase trading capacity and boost throughput as it looks to scale and meet growing business demand. The post Digital asset exchange Bullish taps Adaptive and Google Cloud to enhance trading appeared first on The TRADE.

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New study of post-trade ecosystem shows pain of legacy systems

The TRADE

A third of post-trade firms are operating with legacy platforms more than a decade old, with budgets being dominated by maintenance and upgrades over investments in replacements and transitions, new research has found. The post New study of post-trade ecosystem shows pain of legacy systems appeared first on The TRADE.

Trading 64
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AI? Patience young grasshopper

The TRADE

But what does the persistent evolution of AI mean for capital markets specifically? The world of trading, and investment generally, is littered with the remnants of now-redundant solutions once thought to be the ‘future’ of the industry. A reminder perhaps that caution is our best friend when it comes to technological innovation.

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BMLL secures investment from Snowflake Ventures as it enters into partnership with the firm

The TRADE

Previously, high-quality engineered Level 3 data was the preserve of only the world’s most sophisticated quantitative firms,” Paul Humphrey, chief executive of BMLL, told The TRADE. “It It takes a non-trivial amount of engineering to take big data and make it into usable, relevant data.