News

In this recent Chart of the Month from IEX, the data shows that D-Limit’s unique features allow brokers to achieve an average of 28 mils of pre-trade price improvement per share, compared to 0 at all other exchanges, writes Sam Stevens, IEX’s Head of Business Analytics.

Blockchain-powered secondary markets can help expand the reach of tokenized assets, analysts at Moody’s Investors Service said in a report published Thursday. Tokenization is the representation of real-world assets on a blockchain, and financial institutions worldwide are exploring how it can improve the efficiency, cost and reach of financial markets.

Early last week, the Derivatives Service Bureau (DSB)—the body in charge of two widely used over-the-counter derivative trade identifiers—released its assessment of industry readiness for the Unique Product Identifier, the first globally mandated OTC derivative identifier.

As the AI talent market continues to heat up, senior employees become easier to hire… but also easier to lose. Goldman Sachs has just brought in a senior AI engineer with hedge fund experience, while JPMorgan has lost one of its most senior AI figures.

BMLL and Quanthouse partnership aims to combine real time and historical data to support the buy-side with understanding market behaviour and testing investment strategies in equities and futures.