Fragmentation in the Fixed Income market continues, with the number of trading venues reaching 128 according to The Trade.
Blog entry from Intelligent Trading Technology about TransFICC connecting to its first 5 trading venues, proving that it works with a mix of instruments, matching and workflow models, and different protocols like binary and FIX.
Interesting to hear that FX is facing similar challenges to those faced by Fixed Income
Steve just finished 'Why Aren't they Shouting?' By Kevin Rodgers, who is recently ex Deutsche Bank FICC. If you want to understand how capital markets work, how banks have evolved and the role of technology, it’s well worth a read.
Judd discusses the benefits of using a single source tree and how to avoid the pitfalls
Steve's thoughts on the Fixed Income Leaders Summit, organised by WBR Research
Steve pitched TransFICC in the Dragons' Den at the Fixed Income Leaders Summit....and won.
Steve is pitching TransFICC in Dragons' Den at the Fixed Income Leaders Summit later this week.
TransFICC has opened a New York office and hired Sean Murphy, Bo-Yun Liu and Khagay Nagdimov.
We were delighted to be win 'Trading Initiative of the Year' at the Financial News Excellence in Trading & Tech Awards 2023
Steve speaks with The Desk about all things tech - managing fragmentation, automating workflows, the need for speed, scalability on demand, modular tech and what's next in the evolution of the market.
TransFICC has closed a Series A extension for $17 million. Led by AlbionVC, all existing institutional shareholders took part in this investment round, which follows the original Series A for $7.8 million, announced in April 2020.
Now in its 5th year, the Financial Technologist showcases leading Capital Markets FinTechs
Press Release - TransFICC has announced a new initiative to develop a Consolidated Tape (CT) for Fixed Income. As part of this initiative, TransFICC has developed a production ready pilot, for Banks, Asset Managers and Regulators to test.
Steve speaks with Kiays Khalil from The TRADE News about the need for a Consolidated Tape in Fixed Income.
A smart application of hardware, cloud and open source technology makes for efficient trading systems and reduces the inefficiency that complexity creates
Like all companies, lockdown has impacted the way we work at TransFICC. We have always championed Extreme Programming as our methodology of choice, so when we decided to close the office at the start of March, this raised some issues around how we would operate with everyone working remotely.
Steve writes for The Financial Technologist - published by Harrington Starr
TransFICC has closed its Series A investment round for £5.75 million. Led by AlbionVC, it included new strategic investments from ING Ventures and HSBC. The new investors join existing shareholders, Citi, Illuminate Financial, Main Incubator (the R&D unit of Commerzbank Group) and The FinLab.