Chicago’s avantgarde electronic trading industry leaders: The full montage from FinTech Exchange 2016

Chicago, Illinois. FinTech Exchange 2016 by Barchart. The Mid West’s capital which evokes nostalgic nuances of post-colonial America, its resource-rich, raw-materials trading pre-constitutional history conjuring up images of the hopes of the future brought by the railroad to the sun belt, and the export of grains, foodstuffs, roadstone and what are now considered to be very valuable […]

theater-eero

Chicago, Illinois. FinTech Exchange 2016 by Barchart.

The Mid West’s capital which evokes nostalgic nuances of post-colonial America, its resource-rich, raw-materials trading pre-constitutional history conjuring up images of the hopes of the future brought by the railroad to the sun belt, and the export of grains, foodstuffs, roadstone and what are now considered to be very valuable commodities to the old world in order to power the industrial revolution.

Chicago’s illustrious trading history paved the way for it to become the exchange-traded commodities and futures center of the world, carving out an identity which has lasted 240 years, the city now being at the leading edge of electronic derivatives trading, and home to vast institutions including CME Group, CBOE, IntercontinentalExchange and Cantor Futures Exchange.

Today, with the advancement of the electronic trading environment in North America being at a global high, a new dynamic is emerging once again, this time the angling of electronic futures exchanges toward ever more discerning retail customers, via highly advanced dedicated platforms which connect to centralized venues.

Some of the large institutions are reinventing their product range to follow the Amazon-style shopping experience in the case of CBOE LIVEVOL which launched its new Data Shop service, with an entirely new website last week, with retail traders absolutely in mind.

Others include technology providers, such as Trading Technologies, one of America’s most prominent trading software vendors, which reinvented itself after 20 years in order to innovate rather than institutionalize.

One thing is for sure. America represents the very forefront of sophistication, and to go with it, so do its industry leaders, who convened in Chicago in April at the FinTech Exchange 2016 event, hosted by Barchart.

Here are some anecdotes from our perspective, and a display of those who continue to make such engaging discussion and interesting developments happen.

Read this next

Retail FX

Banxso announces 8.7% interest rate on deposits in South Africa

“With Banxso, they can enjoy the benefits of both worlds – earning competitive interest and having the freedom to trade, all within the same platform.”

Industry News

FINRA to publish transaction details in U.S. Treasury securities

“Consistent with our longstanding practice, FINRA is introducing greater transparency in a calibrated and careful manner, benefiting liquidity and resilience in this critical market while also mitigating potential information leakage concerns.”

Institutional FX

OpenYield launches “cheap and easy” fixed income trading for brokers

“We’re on a mission to make bonds cheap and easy to trade, and are excited about the opportunity to build generational capital markets infrastructure.”

Digital Assets

Sumsub and Mercuryo publish a guide for VASPs: “Mastering Travel Rule Compliance”

“At Sumsub, we’ve concentrated our efforts on filling the gap in understanding the complexity of Travel Rule regulation and helping organizations find the best solution to stay safe and compliant while minimizing costs and avoiding potential risks of non-compliance. This guide we created with Mercuryo, our trusted partner, is the ultimate navigation tool all VASPs can consult.”

Digital Assets

Bitget Wallet Leads with Record Swap Volume & New Crypto Innovations

This week, Bitget Wallet achieved a milestone by surpassing Metamask with a record 388,757 Swap order transactions, securing the global lead. The significant 7-day trading volume, almost 68,000 more than its rival, underscores its liquidity and user trust. This robust activity signals Bitget Wallet’s prominent role and reliability in the dynamic crypto market.

Digital Assets

Embarking on a Digital Currency Journey

Imagine you’ve stumbled upon a treasure map, leading you to untold riches hidden in the vastness of the internet. Instead of gold coins and jewel-encrusted goblets, this treasure comes in the form of digital currencies, the modern-day loot coveted by many.

Reviews

Traders Union Experts Share The Trading Analyst Review For 2024

Navigating options trading in rapidly shifting markets poses a considerable challenge. This is where options trading alert services become invaluable. They aid traders in keeping abreast of evolving opportunities and market trends. In this assessment, Traders Union experts scrutinize The Trading Analyst alert service to ascertain its efficacy. 

Digital Assets

BlockDAG’s Presale Achieves $9.9M: Aiming For A 5000-Fold ROI As Cardano’s Price Rises And Fantom Launches Sonic

Explore Cardano’s surge, Sonic’s efficiency, and why BlockDAG’s growth makes it the top crypto choice. A deep dive into the future of blockchain investments.

Digital Assets

US, UK probe $20 billion Tether transfers tied to Russian exchange.

U.S. and UK authorities are investigating the movement of $20 billion in the USD-pegged stablecoin tether (USDT) through Moscow-based exchange Garantex.

<