Reading Time: 3 minutes The US securities trading industry recently transitioned to a T+1 settlement cycle from T+2, marking a significant change aimed at increasing market efficiency and reducing risk. Canada transitioned to the T+1 settlement cycle for equity and long-term debt market trades on May 27, 2024, ahead of the US market. The Read more…
Reading Time: 4 minutes The capital markets have always been a lucrative target for cybercriminals, and the past few years have only intensified these threats. A stark reminder of this vulnerability was the ransomware attack on CNA Financial Corporation in March 2021, one of the largest insurance companies in the United States. This incident, Read more…
Reading Time: 5 minutes The capital markets industry is facing disruptions from ongoing regulatory changes, higher interest rates, and geopolitical tensions, among other things. In 2023, the SEC has reported a 15% increase in enforcement actions, while FINRA has seen a 20% rise in fines related to trading practices; highlighting increased regulatory scrutiny. To Read more…
Reading Time: 5 minutes Open banking is rapidly reshaping the financial landscape, shifting the monopoly of financial data from traditional banks to a more inclusive ecosystem. A financial technology practice that allows third-party financial service providers to access consumer banking, transactional, and other financial data from banks and non-bank financial institutions, open banking uses Read more…
Reading Time: 3 minutes On last week’s edition of TradersMagazine’s Tech Tuesday, I read the interview with Mike O’Rourke, Head of AI and Emerging Technology at Nasdaq. Packed with great insight, I found his forward-thinking stance on AI particularly interesting because, as early as 2016, he identified its potential and proactively built a center Read more…
Reading Time: 3 minutes Social learning suggests that people learn from one another through observation, imitation, and modeling. It has emerged as a powerful educational tool in the FinTech sector, particularly in trading, where community interactions and shared experiences are vital for skill acquisition. Examining how various elements of these platforms influence user behavior, Read more…
Reading Time: 4 minutes The dynamic nature of capital markets today brings a host of post-trade processing challenges, from increased costs and margin pressures to more stringent risk, compliance demands, and regulatory interventions. Right from trade confirmation to clearing and settlement, post-trade processes often suffer from high complexity and error rates, directly impacting transaction Read more…
Reading Time: 5 minutes Blockchain technology shows considerable potential in reshaping the finance industry, offering new pathways for innovation and efficiency. As financial systems evolve towards more digitized and decentralized frameworks, there is a growing interest in solutions that are secure, transparent, and efficient. Many FinTech companies are exploring the capabilities of blockchain to Read more…
Reading Time: 5 minutes Bitcoin halving events are a core part of its protocol, designed to control the supply of coins gradually approaching the total cap of 21 million. As we explore the significance of Bitcoin halvings, their mechanics, and the potential outcomes of the most recent one, it becomes clear that these events Read more…
Reading Time: 6 minutes Cryptocurrencies like Bitcoin and Ethereum, have puzzled traditional investors with their promise of high returns and significant market fluctuations. However, the technical barriers of buying and selling—navigating wallets, understanding private and public keys, and dealing with crypto exchange interfaces—have often deterred potential investors, particularly those not deeply embedded in the Read more…
Reading Time: 4 minutes Market abuse is a growing concern and several recent incidents have highlighted the critical need for stronger trade surveillance to combat market abuse and meet compliance standards within the trading sector. The most recent example is JPMorgan Chase & Co. being fined $348 million over its inadequate program to monitor Read more…
Reading Time: 5 minutes In the ever-evolving landscape of financial technology (fintech), the role of data visualization for fintech cannot be overstated. Fintech companies thrive on data-driven decision-making, leveraging insights to optimize processes and deliver exceptional user experiences. However, the sheer volume and complexity of financial data can often pose a challenge, making it Read more…