Refinitiv reinforced its commitment to the wealth management industry with the launch of a proprietary data set MarketPsych Indices (RMI) via a new cloud-based feed for brokerages, investment advisors, wealth managers, and their clients. The new tool provides the capability to visualize media perceptions – buzz, themes, emotions – and make assessments in correlation to asset prices. The RMI were developed in conjunction with MarketPsych Data LLC, a developer of quantitative behavioral economics tools. The RMI analyze news and social media in real-time, converting the volume and...

FIF will be moderating a panel discussion on SEC Rule 606 at the 86th annual STA Market Structure Conference in Washington, D.C. on Friday, October 4.

Please join us on Tuesday, October 22, 2019 at Cboe Global Markets (400 South LaSalle Street, Chicago) for a luncheon and panel discussion on upcoming options initiatives. The event will begin with a keynote presentation from Manisha Kimmel, Senior Policy Advisor to SEC Chairman Jay Clayton, on the current status of CAT.  The keynote presentation will be followed by a panel discussion focusing on: the OCC Actionable Identifier Initiative, CAT Options Reporting, Options Exchange Initiatives, and OCC Initiatives.  FIF would like to thank Cboe Global Markets for sponsoring this...

FIF Regulatory Notice 19-27 - Financial Exploitation of Seniors - FIF reviewed the rules under FINRA's retrospective rule review designed to protect senior investors from financial exploitation and solicited industry member feedback regarding the effectiveness of the current rules in place.  FIF Back Office Committee Meeting - FIF reviewed several notices, rule proposals, and updates focusing on potential impacts to back office trading technology. Please find this month's agenda here.  FIF CAT Committee - Operations Focus - FIF gave an update on the...

Bloomberg has made its real-time market data feed B-PIPE available in the cloud through Amazon Web Services (AWS) for its clients globally, shortly after rolling out the cloud service for clients in the US. According to a story in The Trade news. The move gives clients in Europe, Asia, as well as North America, access to the same real-time market data available through the Bloomberg Terminal. With the feed hosted in the cloud via AWS and other major cloud providers, users can choose their preferred deployment method for data delivery. B-PIPE allows users to simultaneously stream data from...

AcadiaSoft Inc., an industry provider of risk and collateral management services for the non-cleared derivatives community, announced a new initiative with BNY Mellon that will allow buy-side market participants to manage margin calls, calculations, reconciliations and instruct the movement of collateral through a single interface according to a story in MarketsMedia news. The firms previously announced a joint offering around outsourced initial margin calculations. This iteration adds significant new functionality that will enable buy-side clients to concentrate their...

A foreign exchange data start-up founded by two former hedge fund managers has launched its analytics platform, with Goldman Sachs, UBS and XTX Markets among the first major institutions to use it. Tradefeedr uses data science to aggregate, analyze and disseminate trading information between capital market participants seeking data-driven decision making. The firm said it is looking to level the trading analytics playing field by allowing liquidity providers to submit data on behalf of buy-side clients. The platform’s users are also able to share analysis with their counterparties and...

Nasdaq and Wilmington Trust announced the first-ever tickers for Collective Investment Trusts (“CITs”) on Nasdaq Fund Network (NFN), according to a story in MarketsMedia news. NFN is a global dissemination service whose mission is to bring greater retail investment transparency to the world’s financial markets. NFN and Wilmington Trust have collaborated to provide searchable tickers for more than 200 CITs. CITs are low-cost investment vehicles similar in structure to mutual funds, but available only to 401(k) and other qualified retirement plans. NFN now enables...

Bloomberg LLP is teaming up with Goldman Sachs Group Inc. to feature some of the investment bank’s trading analytics on a new service the financial information company launched for foreign exchange trades made using algorithms. Goldman is the first bank to have such a partnership with Bloomberg, and the tie-up will make its analytics visible on Bloomberg’s terminal in FXGO, a global foreign exchange trading platform. Trading clients are demanding greater access to decision-making tools like Goldman’s analytics, as the industry faces increasing pressure to cut costs,...