Forget trading. Market and trade surveillance technology has proven itself as one of the best appropriators of cutting-edge technology—artificial intelligence (AI), machine learning and big data have all made meaningful impacts in the trade-...

In our role as market analysts, we are lucky enough to attend some of the most interesting industry events in capital markets and fintech. In that vein, Symphony asked us if we could attend their Innovate conference in New York this past fall and...

The fragmentation of the FX market structure is legendary, so consolidation within it is always of interest. Indeed, earlier this year we wrote a summary of all the mergers that have happened in the FX platform industry in the course of...

Over the years trading desks at the largest banks and broker-dealers profited not just from executing client trades, but because they had the pulse of the market. It was their job to know who was trading what, who held what, who had an interest...

With Bitcoin topping $11,000 this weekend for the first time since March 2018, the crypto winter is definitely over. The same cannot be said for enterprise blockchain initiatives. To be fair, the term more commonly used to describe the current...

Over 60% of trading in the U.S. Treasury market is done via electronic trading venues. Many market observers believe this means that the relationships between dealers and bond investors are eroding and that the marketplace has become devoid of human...

For most people, cryptocurrency is synonymous with Bitcoin. Bitcoin was the original and is the largest and most successful. Today however there are almost 1,000 other cryptocurrencies and tokens in circulation, according to CoinMarketCap. For the...

Last week I attended the sold-out Empire Startups FinTech conference in NYC. From the moment I walked in I realized this was not your typical stop on the conference circuit. The venue was Webster Hall – a downtown nightclub venue repurposed for...

In my first blog post on the evolving blockchain technology landscape I wrote about how, following the hype of 2015, this year would see technology companies and financial services firms explore different ways to use the blockchain technology in...

I recently participated in a great panel discussion with James Jockle from Numerix and Kazu Yokokawa from the Nomura Research Institute. I look forward to getting an update from Kazu on the POCs they are working on!