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Hosted biennially, WFIC is the only global conference focused exclusively on the issues associated with the dissemination, management and use of financial information. Two and a half days of educational sessions, meals and off-site networking events allow attendees to interact in a neutral environment to develop better communication with the major players in the market data industry. Sessions include a combination of keynotes, panel discussions, case studies and interactive presentations featuring cutting edge topics and issues.

Held quarterly in North America and Europe to update members on the status of FISD activities, provide an opportunity for member companies to report on new initiatives and allow the FISD Consumer, Exchange & Vendor Constituency groups to discuss issues of importance. A Networking Reception follows the meeting. Meetings are offered to members at no charge.

“SOFR has to become the discount model before it can do the next job of building liquidity,” says Stuart Giles, managing director for business development and strategy at Tradition.

Previously the Real Time Technology Roundtable, this program expands its scope to encompass not only the technology that underpins real time market data but also the wider enterprise data management and the technology and systems that are required – notably now including reference data issues.

The euro swaps market is beginning an experiment with exchange-style trading, after the first of 20 clients signed up to a new central limit order book (Clob) offered by interdealer broker, Tradition.

Best trading platform overall: Envision Financial Systems, MarketsFlow, MIAX Options, ParFX, Tethys Technology, TraditionSEF, Interactive Brokers, Wolverine Execution Services

According to Scott Fitzpatrick, CEO of TraditionSEF, this has been at the heart of the build out over the past two years. “Considering the scope of products across asset classes affected by the implementation of the Dodd-Frank Act, the attention to detail around how the core principles of the regulation have been implemented cannot be underestimated,” he says. “It has been at the centre of how we have built the platform and set up our business.”

The breakdown of trust in ISDAfix following allegations of collusion and manipulation in 2012 led to a complete overhaul of the benchmark. A recent report by the Financial Conduct Authority proves that the hard work is paying off, reaffirming the potential for the model to be applied to other benchmarks. By Dan Marcus, CEO of Trad-X, and member of the ICE Swap Rate oversight committee.

Scott Fitzpatrick, CEO of TraditionSEF, added: "Over the past year, our team has worked extremely hard to establish our SEF business as the pre-eminent venue in the U.S., while boosting our presence in short-dated interest rate swaps. Winning this award is testament to the efforts of our team and our commitment to providing the best service possible to our clients."