Overbond, a fixed income analytics solution provider, has launched a real-time AI bond pricing product, which has the capacity to process real-time historical pricing data on over 30,000 securities with a refresh rate under three seconds.
The new service fills a gap in the market by aggregating multiple data sources on the client side across trading venues, data aggregators themselves and fundamental and settlement layer data. This provides traders with accurate bond pricing that can measure the liquidity of individual securities and enable automatic execution.
Deutsche Börse is acquiring a majority interest in Quantitative Brokers (QB), an independent provider of execution algorithms and data-driven analytics for global futures, options and interest rates.
QB's portfolio of algorithms, simulation tools and analytics is used by some of the world's largest institutional investors, with its algorithms uniquely engineered for both central limit order books and OTC liquidity streams while accessible via all major execution and order management systems used by the buy side, banks and brokers.
AFME outlines the regulatory framework needed to support banks as they adopt new technologies such as crypto-assets, artificial intelligence and cloud computing, harness the value from data, and address the challenges of cybersecurity and operational resilience.
LCH has cleared the first Israeli Shekel-denominated interest rate swaps.
ILS is the latest currency to be cleared at SwapClear, which offers clearing for interest rate derivatives in 27 currencies. Clearing brokers supporting ILS include Citi, Goldman Sachs, HSBC and J.P. Morgan.
Ideal Prediction (Ideal), has won the FX Markets award for 'Best Surveillance Provider' for the second consecutive year. The award reflects Ideal's ability to codify principles-based best trading practices in FICC.
Avelacom has won its first FX-Markets Award for the best liquidity aggregator/connectivity services.
The FX Markets awards recognise the skill and creativity in the fast growing and changing world of e-FX. 2020 turned out to be a challenging year, with extraordinary volatility and record exchange-traded volumes globally.
Capitolis enables firms to optimise their balance sheet exposures by eliminating unnecessary positions and finding the most suitable party to hold the remaining positions. Targeting equities and FX, to date Capitolis has eliminated $5 trillion in overall positions for more than 50 financial institutions.
"We are excited to have three of our trusted partners provide further support for our vision and business model focused on transforming the marketplace for the benefit of all participants," said Gil Mandelzis, CEO and founder of Capitolis.
CME Group has launched a new FX Options Vol Converter tool, which prices listed FX options liquidity in over-the-counter (OTC) terms. This helps FX traders to more monitor price relationships in OTC and listed markets and make more informed decisions about trading strategies.
The tool takes the price data that is already functionally equivalent to OTC options, with alignments in style, expiration time, and underlying price convergence and creates a volatility grid by tenor and deltas for comparison purposes.
Washington, DC – FIA today published a new policy paper in consultation with its members across the cleared derivatives industry on climate-related risks for financial markets and the global economy. The paper focuses on how the industry is already addressing this issue, and highlights potential partnerships with the public sector to help build a more sustainable economy in the long term.
SteelEye, the holistic compliance technology and data analytics firm, has appointed Rob Friend as Chief Operating Officer.
Rob's 24 years of international financial experience will be instrumental in scaling SteelEye's business operations as it prepares to support increasing global demand for holistic, data-centric compliance solutions.