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BNY Mellon streamlines the hunt for liquidity with LiquidityDirect updates - Vimarsana News

BNY Mellon streamlines the hunt for liquidity with LiquidityDirect updates

The bank spent the last three years evolving and expanding LiquidityDirect to include additional asset classes, and will white label the platform to customers.

Tradeweb turns attention to automating larger trades in credit - Vimarsana News

Tradeweb turns attention to automating larger trades in credit

CEO: “In 2023, as we’re entering 2024, there are still clients that pick up the phone and do trades like it’s 1994.”

For MarketAxess, portfolio trading buoys flat revenue in Q3 - Vimarsana News

For MarketAxess, portfolio trading buoys flat revenue in Q3

The vendor is betting on new platforms like X-Pro and Adaptive Auto-X, which helped forge a record quarter for platform usage.

Quants look to language models to predict market impact - Vimarsana News

Quants look to language models to predict market impact

Oxford-Man Institute says LLM-type engine that ‘reads’ order-book messages could help improve execution

Nasdaq says SaaS business now makes up 37% of revenues - Vimarsana News

Nasdaq says SaaS business now makes up 37% of revenues

The exchange operator’s Q3 earnings bring the Adenza and Verafin acquisitions center stage.