Transaction Network Services (TNS) and BornTec today announced TNS’ acquisition of BornTec’s managed hosting and colocation business. This acquisition continues TNS’ expansion of its global connectivity footprint and builds on previous acquisitions. For BornTec, the move was strategic. “This divestiture allows us to sharpen our focus on our industry-leading CrossCheck trading data analytics platform, bringing...
Month: April 2023
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FLASH FRIDAY: T+1 to Cause Complications for Global Traders
Laurence Jones, Americas regional director at FIX Trading Community, speaks with Anna Lyudvig at Traders Magazine about the move to T+1 settlement for transactions in US cash equities, corporate debt and unit investment trusts, and how the FIX Trading Community is helping its members prepare for the new settlement cycle. //bit.ly/3KnShcs
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Optimism Grows for European Consolidated Tape
Investors have been calling for a consolidated tape in Europe, which gives them aggregated data on trading volumes and prices throughout the region in one place, for more than a decade without success. However, there is now optimism that a useful consolidated tape will be developed in the coming years as regulators have been pushing...