Bernstein unveils ETF execution algorithm

Comgest is currently in discussions with multiple outsourcing providers to potentially delegate its portfolio trading activities, as confirmed by the firm in a statement to The TRADE.

ION has introduced ETF RFQ functionality to its Fidessa platform, integrating with Tradeweb to enhance trading capabilities for institutional investors. This new feature aims to facilitate access to global liquidity pools, increase automation, and improve risk management in ETF trading.

Ediphy has agreed to lift the automatic suspension of the FCA UK bond tape contract while continuing its claim for damages in the High Court. This decision follows the company's appeal regarding the bond consolidated tape mandate, which has been a significant point of contention in the financial sector.

BlackRock has announced a partnership with Amazon Web Services (AWS) to integrate its Aladdin platform onto AWS's cloud infrastructure, aiming to enhance flexibility for users in adapting to their operational and technological needs.

A new structured permutation scheme for two-sample testing has been introduced, focusing on restricted permutations to single cross-swaps between block-selected representatives. This method enhances the validity of statistical tests and provides closed-form identities for variance scaling, leading to smaller critical values and improved statistical power.