Consolidated Audit Trail (CAT)’s Claws Begin to Sink in

The Securities and Exchange Commission (SEC)’s mandated Consolidated Audit Trail (CAT) requires FINRA and the national exchanges to develop and maintain a database that collects and identifies every order, cancellation, modification, and trade execution for all exchange-listed equities and options in all US markets. Recognizing the complexity of a project of this size and scope,... Read more »... More

Connamara Systems: The proof is in the testing

Built in Chicago  – How Engineers at Connamara Systems Build for Quality   Connamara Systems doesn’t just build for quality, they prove it.   The financial tech company writes software for the trading industry, a world where one mistake could cost millions of dollars. For that reason, business analysts are given the time to build tests... Read more »... More

FreightWaves Named Innovator of the Year at FIA Expo 2018

FreightWaves – Maria Baker  –  Forty five companies applied for a spot in the annual Innovators Pavilion at the FIA Futures & Options Expo, fifteen finalists were chosen, five were selected by a panel of judges to present at the at FIA Innovator of the Year pitch competition, but only one came out on top.Designed... Read more »... More

American Financial Exchange (AFX) Announces Record Transaction Volume

American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American financial institutions, announced a record day of trading, with $1.043 billion outstanding across all products. The week of July 23 was also a record week with $4.66 billion traded. AFX facilitates the determination of Ameribor®, a transaction-based interest rate benchmark for financial... Read more »... More