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Tag Archives: Thesys Technologies

CAT to boost cybersecurity threat?; FX markets stuck in low-volatility; Light trading volume in banks’ results Newsletter,Options

Lead Stories Audit Trail Could Boost Cybersecurity Threat, Exchanges Say Benjamin Bain – Bloomberg CBOE’s Concannon sees little benefit gained for greater risk; SEC facing calls to delay CAT until security can be ensured Stock exchanges could become more exposed to cyberattacks through a trade database being built to help U.S. regulators police markets, industry executives said Tuesday. jlne.ws/2ygTyNx ****SD: Not to be lost in this ongoing discussion: SROs helped write the requirements for the CAT. FX Markets Are Stuck in Low-Volatility Quicksand With No Escape Dani Burger – Bloomberg Currency markets are trapped by low volatility and only a…

Thesys vs. Goliath: That’s One Big CAT Commentary,Feature,Fintech,Regulation & Enforcement

Small company wins big with opportunity to build the Consolidated Audit Trail covering U.S. equities and options. FINRA, FIS, Cinnober, Thomson Reuters – what do they have in common? They are just a few of the 30 bidders who lost out on developing the Consolidated Audit Trail (CAT) to Thesys Technologies LLC, a subsidiary of the proprietary trading firm Tradeworx, founded in 2009. To develop and implement the CAT, Thesys partnered with IBM (which was a bidder on its own, too), as well Rosenblatt Securities and law firm Latham & Watkins. “You had some big tech companies that really understand…

Thesys Technologies vs. Goliath; OIC Outreach to Advisers; Vol bets and the VIX Newsletter,Options

Observations & Insight Thesys vs. Goliath: That’s One Big CAT Spencer Doar – JLN FINRA, FIS, Cinnober, Thomson Reuters – what do they have in common? They are just a few of the 30 bidders who lost out on developing the Consolidated Audit Trail (CAT) to Thesys Technologies LLC, a subsidiary of the proprietary trading firm Tradeworx, founded in 2009. To develop and implement the CAT, Thesys partnered with IBM (which was a bidder on its own, too), as well Rosenblatt Securities and law firm Latham & Watkins. “You had some big tech companies that really understand tech but maybe…