Latest Market data distribution News: Finextra Research

Wall Street big beasts go all in on OpenFin

Some of Wall Street's biggest firms have participated in a $15 million financing round for capital markets software house OpenFin.

16 February 2017

News/Market data distribution

Deutsche Bourse turns to fintech partners to build 'Exchange 4.0'

Deutsche Bourse is promising to cooperate with fintech firms and tap new technologies such as big data, AI and, above all, blockchain as it moves toward the creation of an 'Exchange 4.0', says CEO Carsten Kengeter.

18 January 2017

News/Market data distribution

TD Ameritrade lets users 'Ask Alexa' for stock quotes

TD Ameritrade has launched an app that lets investors ask Amazon's Alexa virtual assistant for financial market updates and securities quotes.

16 December 2016

News/Market data distribution

Competition Bureau closes market data investigation into TMX Group

Canada's Competition Bureau has closed its investigation into allegations that exchange operator TMX Group abused its dominance in relations to securities market data.

22 November 2016

News/Market data distribution

Google's big chance to disrupt the market data industry

Google has a great opportunity to disrupt financial services using a freemium model for the delivery of market news, insights and communications direct to professional desktops, says Adam Honore, founder of consultancy MarketsTech.

07 November 2016

News/Market data distribution

Thomson Reuters to cut 2000 jobs

News and data giant Thomson Reuters is axing around 2000 jobs, mainly at its financial and risk business and the recently created enterprise, technology and operations group.

01 November 2016

News/Market data distribution

Barclays and Citi test blockchain tech for equity swaps processing

A group of five major banks, working with Thomson Reuters, IHS Markit and Axoni, have carried out a successful test of blockchain technology and smart contracts to manage affirmations and post-trade lifecycle processing for OTC equity swaps.

18 October 2016

News/Market data distribution

Thomson Reuters to build new Toronto tech centre

Thomson Reuters is to build a new technology centre in downtown Toronto, creating 400 IT jobs.

07 October 2016

News/Market data distribution

Thomson Reuters boosts buy-side capabilities with Redi acquisition

Thomson Reuters has agreed to buy trading technology firm Redi Holdings in a bid to boost its buy-side offering. Financial terms of the deal were not disclosed.

22 September 2016

News/Market data distribution

Thomson Reuters delves deeper into Ethereum

Thomson Reuters is partnering with Ethereum, Imperial College of London, UCL, and tech partners Oraclize, Crypto Compare and Ethcore to host a weekend-long blockchain hackathon in Canary Wharf, London.

08 September 2016

News/Market data distribution

Thomson Reuters joins R3 blockchain consortium

The bank-backed R3 blockchain consortium has expanded its partnership network to the market data business, recruiting Thomson Reuters as a new member.

02 August 2016

News/Market data distribution

Thomson Reuters and Imperial College form fintech and regtech research partnership

Thomson Reuters and Imperial College London are pooling their expertise for joint research projects into the big data challenges facing the fintech and regtech industries.

20 July 2016

News/Market data distribution

IHS and Markit agree mammoth merger

Data firm IHS is to merge with Markit in a $13 billion deal that creates a global information powerhouse with leading positions in energy, financial services and transportation.

21 March 2016

News/Market data distribution

Citi leads $4.2 million Selerity funding round

Selerity, a startup that monitors unstructured data and delivers personalised alerts to investors and traders, has raised $4.2 million in a funding round led by Citi, which is also using the firm's algorithms to provide recommendations to clients through its Citi Velocity platform.

08 March 2016

News/Market data distribution

Whistleblower says SEC awarded him $750,000 for Nyse tip

The founder of market data outfit Nanex says that he has been awarded $750,000 for a whistleblowing tip that resulted in the New York Stock Exchange getting slapped with a $5 million SEC fine.

03 March 2016

News/Market data distribution

Goldman Sachs invests in big data insights firm Zoomdata

Goldman Sachs has led a $25 million Series C equity financing round in Zoomdata, a supplier of fast visual analytics for real-time streaming and historical data.

16 February 2016

News/Market data distribution

Xignite raises $20.5m

American cloud-based data supplier Xignite is setting its sights on the Asian market after raising $20.5 million in a Series C funding round led by a unit of Japan's biggest financial information provider, Nikkei.

08 February 2016

News/Market data distribution

JPMorgan looks to save millions from Bloomberg switch

Bloomberg's second-largest client, JPMorgan, is reportedly preparing to pull the plug on the market data firm's expensive proprietary terminals in a move that would save the bank up to $36 million per year in charges.

12 January 2016

News/Market data distribution

Thomson Reuters brings FX transaction venues onto single desktop

Thomson Reuters has put all of its foreign exchange transaction venues onto one platform in a move it says creates a single point of access to the largest collective independent pool of FX liquidity.

09 November 2015

News/Market data distribution

ICE to buy Interactive Data for $5.2bn

Intercontinental Exchange (ICE) has agreed to buy Interactive Data Corporation (IDC) from its private equity owners for $5.2 billion in cash and stock.

26 October 2015