Kaiko is pleased to join forces with Cboe Digital to provide reference rates for the settlement of margined Bitcoin (BTC) and Ether (ETH) futures contracts. Set to launch on January 11, 2024, this offering addresses the growing demand for regulated crypto investment products in U.S. markets.

View the full announcement here and learn more about Kaiko’s Rates and Indices here.

Today, we announced that we improved the Amazon Time Sync Service to microsecond-level clock accuracy on supported Amazon EC2 instances. This new capability adds a local reference clock to your EC2 instance and is designed to deliver clock accuracy in the low double-digit microsecond range within your instance’s guest OS software. This post shows you how to connect to the improved clocks on your EC2 instances. This post also demonstrates how you can measure your clock accuracy and easily generate and compare timestamps from your EC2 instances with ClockBound, an open source daemon and library. Read the full update here.

The market data landscape is constantly evolving, with the volume, diversity and cost of market data growing and shifting year by year. This rapid expansion has introduced new challenges for financial firms of all sizes, leading them to reevaluate how they manage this crucial information from a commercial standpoint. This is the fourth and final article in a series on the future of market data subscription management by TRG Screen. Read more. 

Transaction Network Services (TNS) today announced the acquisition of West Highland Support Services, a financial market data solutions provider based in Danbury, Connecticut.  

The acquisition will enable TNS to deliver market data services across the entire trading infrastructure stack, making TNS the only Infrastructure-as-a-Service (IaaS) provider to combine a vendor-neutral approach to market data application management. The combination of TNS and West Highland services into one stack will offer connectivity, monitoring and consulting to professional traders, institutions and financial services vendors worldwide. All West Highland employees, products and services will integrate into TNS.  Read the full press release here.

There is a growing call in the market data industry for a common data taxonomy and granular data product identification in the form of a data catalog that can serve both vendors and consumers of data. The aim of the data catalog is to provide a standardized, normalized, and neutral platform where vendors can control their data specifications, and consumers can search, access, and use data product identification and information effectively. Read VendEx Solution’s new white paper.