Overbond and Rapid Addition form strategic alliance to bring interoperability and market connectivity to bond trading automation The collaboration gives fixed income traders around the globe the ability to harness the precision analytics, industry-leading speed, and extensive market coverage of Overbond AI alongside Rapid Addition’s high performance electronic messaging platform to automate up to […]
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When it comes to capital markets, realising the promise of Public Cloud seems to have been a long time coming. Over the last decade it’s felt like there’s been an endless stream of conference panels discussing the benefits of Cloud, C-level execs proclaiming that their organisation will adopt a ‘cloud first’ strategy, and large Cloud vendors forecasting how investment banks were about to become the new Netflix. Yet at times actual adoption seemed […]
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Thinking about how integral FIX protocol has become to electronic trading, it’s interesting to reflect on the long journey that has brought us to where we are today. FIX started out as an experiment between Salomon Brothers and Fidelity in the fledgling days of electronic trading with the aim of automating the sending of execution reports […]
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What does competing order flow mean to you? The economics of providing sell-side execution services have become increasingly challenging since the financial crisis of 2008. High costs and commission compression are driving an unhealthy level of industry consolidation. And while the increasing prevalence of white label business models and improved off-the-shelf technology have helped address […]
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Rapid Addition CEO Mike Powell explores how the traditional barriers to platform modernisation can and need to be broken down Even before the recent Covid-19 crisis, many firms were already assessing their electronic trading platform strategy against the developing needs of their clients and the evolving patterns of liquidity provision. Established electronic asset classes, […]
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Rapid Addition is delighted to confirm its Executive Chairman, Kevin Houstoun, has been appointed as a Director of FIX Protocol Limited following a recent membership ballot. Kevin is appointed along with Emma Quinn, SVP, Global Co-head of Equity Trading, Alliance Bernstein, and Lou Rosato, Director at BlackRock. Kevin has had a long association with […]
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Best-Execution speaks to Rapid Addition CEO, Mike Powell about market trends and the launch of their new trading technology platform. Posted by: Best Execution , April 27, 2020. Rapid Addition (RA) has been providing electronic trading technology to the market for over a decade, what have been the major trends over that period and what does the current […]
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Rapid Addition balances the trade-offs between buy versus build with the launch of its next generation trading technology platform. RA Platform 3.0 takes performance, control and configurability to a new level and gives customers the flexibility to rapidly deploy and adapt electronic trading workflows. The latest offering from Rapid Addition was designed in close collaboration […]
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Standing on the Shoulders of Giants Europe’s institutional sell-side firms have had a tough time in recent years. As well as the costly overhead of implementing and complying with MiFID II, the industry continues to grapple with a deteriorating economic outlook (compounded by the Covid-19 outbreak) and shrinking commissions, while structural changes have made equity […]
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Last week’s TradeTech FX event at Miami Beach brought together buy-side, sell-side, trading platforms and technology providers for two days of discussion on the current state of the FX market. This year saw a major focus on the impact of electronification of buy-side FX trading. The limited attention paid to crypto currencies perhaps reflected the […]
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