Thursday, April 18, 2024

FLASH FRIDAY

Flash Friday
FLASH FRIDAY: The Matrix is Everywhere

FLASH FRIDAY: The Matrix is Everywhere

Was Agent Smith correct in saying you should never send a human to do a machine's job?

FEATURED

Traders Feature

2024 Markets Choice Awards Finalists

The event will be held at Central Park Boathouse in New York on May 9.

LATEST NEWS

Athena, BTON Financial Launch AI-Powered Solution

Traders will be able to select orders in their blotter and specify various parameters.

SEC Issues Second Fee Rate Advisory For Fiscal Year 2024

The rates are determined in accordance with Section 31 of the Securities Exchange Act of 1934.

GoldenSource Partners With AWS Marketplace

The solutions are designed to support the evolving data needs of the financial services industry.

Canadian Securities Regulators Update On Interim Approach To Value-Referenced Crypto Assets

The CSA is extending the April 30 deadline to October 31, 2024.

Banks Navigate UPI Implementation Challenges

Financial firms need to consider several changes following the UPI implementation.

FIA Calls On International Regulators To Continue Progress On Margin Transparency

Proposed recommendations will help reduce liquidity risk during market stress.

Schwab Reports First Quarter Results

Active brokerage accounts increased 3% year-over-year to end March at 35.3 million.

Webull Canada Launches Desktop Platform

The platform launch follows the mobile app launch in January.

EquiLend Launches Orbisa Securities Lending Data on Bloomberg Terminal

Bloomberg Terminal users can now subscribe to global securities lending data from the Bloomberg App Portal.

TECH TUESDAY

TECH TUESDAY: Standardization, Automation Needed to Help Voluntary Carbon Markets Scale

Nasdaq survey reveals transparency limitations, market inefficiencies, and infrastructure fragmentation need to be addressed and that registries may lead the way.

Commentary

How Technology is Weaving African Markets Into the Global Fabric

How Technology is Weaving African Markets Into the Global Fabric
By Merlin Rajah, Head of Equities Electronic Product at Absa CIB.

Trading reimagined

AI in Financial Services Presents Bifurcation Risk

AI in Financial Services Presents Bifurcation Risk
Treasury report highlights data as a primary challenge for smaller firms’ AI models.

ON THE MOVE

BUYSIDE

Canadian Investment Regulatory Organization Releases Three-Year Strategic Plan

Canadian Investment Regulatory Organization Releases Three-Year Strategic Plan
The Strategic Plan covers the period of April 1, 2024, to March 31, 2027, and has six strategic objectives.

Interactive Brokers Adds High Touch Prime Brokerage, Outsourced Trading

Interactive Brokers Adds High Touch Prime Brokerage, Outsourced Trading
The service provides dedicated support and resources for US hedge funds.

Brightwell Selects Bloomberg to Streamline Investment Workflow

Brightwell Selects Bloomberg to Streamline Investment Workflow
The use of EMSX and BTCA helps optimize execution and trade analysis.

Investor Demand Trends for Alternative Investment Strategies 

Investor Demand Trends for Alternative Investment Strategies 
By Don Steinbrugge, CFA, Founder and CEO, Agecroft Partners

REGULATION

DTCC Collaborates with REGnosys to Support ISDA Digital Regulatory Reporting

The first phase included testing and support for firms looking to leverage the ISDA DRR for trade reporting requirements.

Keynote Remarks By CFTC Commissioner Kristin N. Johnson At NYU AI Convening

The keynote covers the potential, promise, and limitations of Integrating AI In financial markets.

U.S. Bank Strategies to Minimize the Impact of Basel III Endgame Capital Charges

Banks can take several steps to enhance capital efficiency.

RETAIL REPORT

TradeStation Securities, OptionsPlay Collaborate on Cross-Platform Integration 

TradeStation brokerage clients will be able to trade options directly from the OptionsPlay platform.

Webull Launches Futures Trading

The product will initially focus on futures outrights in a select group of highly liquid futures markets.

Brokerage

BNY Mellon Teams Up With Accenture

The companies aim to bring the newly developed services to market in the future.

Schwab Introduces Futures, Forex and Portfolio Margin on thinkorswim

Additional capabilities mark a significant expansion for the firm's trading platform.

TransFICC Launches Automated Customer Trading

The bank provides the customer price and TransACT manages all other aspects of the RFQ negotiation.

Firstrade Launches Fractional Share Trading

New service will allow investors to trade fractional shares of over 4,000 stocks and ETFs.

FX ‘Dead Zones’, CLS Cut-Off Times are T+1 Concerns

Buy-side firms cited issues around Continuous Linked Settlement (CLS).

Digital Assets

Archax Partners with Talos

The broker will also integrate its exchange and custody services.

‘No Real Progress’ on Consolidated Supervision of Crypto Intermediaries

Acting Comptroller of the Currency Michael J. Hsu updated an FSB working group last week.

FIX Trading Sets Objectives of Digital Assets Committee

The focus will be on integration and interoperability; regulatory guidance; and the efficient use of DLT and smart contracts.

FINRA Publishes Crypto Asset Communications Sweep Update

Findings show potential violations In 70% of materials reviewed.

Spot Bitcoin ETF Trading Volume Exceeds $10bn

However, inflows were just a fraction of trading volume.

SUBSCRIBE FOR TRADERS MAGAZINE EMAIL UPDATES

[activecampaign form=12]