The profusion of accessible data, and the advance of computing power and machine learning, have transformed TCA from a check the box exercise meant to satisfy the regulators to something else. TCA has reached a level where it can see...
In December, Nasdaq announced they intended to acquire Quandl, an alternative data company. The early adopters of alternative data were the most sophisticated quantitative hedge funds who had the expertise and resources to take in the...
On Tuesday this week Nasdaq announced they were buying Quandl – an alternative data company. This follows a previous initiative within the global exchange and data company to organically build their own alternative data business.
U.S. Treasury volumes in October hit their highest level since May 2018, with an average daily volume of $554 billion. The equity market's precipitous decline drove a drop in Treasury yields that brought with it the market volatility...
With this bull market feeling like it will never end, market chatter is increasingly focused on the flattening – or inverting – of the yield curve.
On Friday the Federal Reserve posted a blog in which it gave the public a fresh glimpse into what the official sector is seeing in the “TRACE for Treasuries” data.
The SEC recently announced that the Tick Size Pilot program will expire on September 28th. After two years, various studies have estimated that the cost to investors of this experiment to range from $350mm to $900mm and these costs do not include...
Planning your CX Program for 2019? You should focus on these 3 best practices...
Two years after the controversial approval of the IEX exchange, we look at the performance of speed bumps in the US and Canada, and argue that an asymmetric speed bump with a displayed quote, would enhance liquidity provision and improve market...
Libor rates were manipulated. Given the $9 billion in fines paid by many of the banks that contributed to its daily calculation. As a result, Libor will be officially dead come 2021 after what will ultimately have been an impressive 35 year run...
