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A kick in the privates: In-demand unlisted stock trading faces tech, transparency challenges


A kick in the privates: In-demand unlisted stock trading faces tech, transparency challenges
A kick in the privates: In-demand unlisted stock trading faces tech, transparency challenges
Private stocks are opaque, illiquid, behave differently from public markets, and lack the same infrastructure as public marketplaces, creating back-office integration challenges for firms that want to trade these stocks in a more liquid manner. But as interest grows, that’s starting to change.
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The news that stock trading platform Robinhood may be building a platform to enable ordinary investors to participate in IPOs potentially including its own upcoming IPO alongside institutions has heightened existing excitement over the prospect of trading pre-IPO stock in private companies. While this may appeal most to investors fed up with volatile stock markets, or dreaming of acquiring stock in the next Apple or Microsoft before it goe ....

Aca Compliance Group , Indus Valley Partners , Mt Newswires , S Ampp Global Market Intelligence , Otc Markets Group , Nasdaq Omx Nordic , Illuminate Financial Management , Anduin Transactions , Ava Labs , Alpha News Stream , Liquid Stock , Jp Morgan , New York , North America , San Francisco , Trading Technology , Market Data , Private Equity , Back Office , Data Integration , Distributed Ledger Technology , Block Chain , Clearing And Settlement , Crowd Funding , Data Management , Trade Processing ,

Jumping Ship: Concerns raised over LSEG's 2022 Docklands datacenter move


WatersTechnology.com
Jumping ship: Concerns raised over LSEG’s 2022 Docklands datacenter move
The project comes at a time when Euronext is considering a datacenter move, and sources speculate that Six might also be another candidate to migrate. Market participants are split on the news of the LSEG migration, with some calling it “frustrating,” while others believe the current location is unfit to house the exchange’s growth plans.
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Firms that co-locate inside the datacenters of some of Europe’s largest exchanges are looking at a potentially busy period of datacenter migrations ahead whether they know it’s coming or not. ....

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So long, Sseoms: Vendors vie to onboard Bloomberg clients ahead of April sunset


WatersTechnology.com
So long, Sseoms: Vendors vie to onboard Bloomberg clients ahead of April sunset
Sseoms competitors are stepping into the breach left by Bloomberg’s move to sunset the sell-side focused suite of services. This could be a chance for a new premier provider to snap up some business, while leaving others to reevaluate their standing in the space.
It was 2019, and Rajiv Kedia felt as if the stars were aligning.
The principal and associate founder and global head of sell-side technology at US-based FlexTrade Systems, a provider of multi-asset execution (EMS) and order management systems (OMSs), had ambitions to expand the business globally, having just appointed two new London-based heads of sell-side OMS business development for Europe, the Middle East, and Africa (Emea). ....

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Neal Pawar Joins Qontigo as Chief Operating Officer


Neal Pawar Joins Qontigo as Chief Operating Officer
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NEW YORK, March 15, 2021 /PRNewswire/  Qontigo announced today that Neal Pawar has been named Chief Operating Officer. Pawar most recently served as Group Chief Information Officer at Deutsche Bank and, before that, as a Partner and Chief Technology Officer at AQR Capital.
(PRNewsfoto/Qontigo)
Sebastian Ceria, Chief Executive Officer of Qontigo, said, I am delighted to welcome Neal Pawar to Qontigo. Neal was a client and we enthusiastically collaborated for many years. We share a common vision that modern technology the cloud, open architectures and platforms is the pathway to revolutionizing this business. And I am confident that Neal s broad industry experience, not to mention his track record as a pioneer and transformative innovator, will accelerate our efforts to deliver unprecedented value and competitive advantage to clients, by enabling them ....

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