Tag: time stamping

time stamping

Metamako and Velocimetrics Collaborate for MiFID II Timestamping; Analytics

Specialist FPGA-enabled high-performance networking platform provider Metamako, and Velocimetrics, a provider of business flow tracking and performance analytics, have announced a collaboration to deliver analytics and time stamping “beyond what is required by MiFID II”.
The firms say Metamako’s low-latency, FPGA-enabled network devices will deliver lossless data capture and nanosecond-precision time stamping, while Velocimetrics’ VMX monitoring software will consume and analyse the ‘raw’ data to enable financial institutions to measure, monitor and gain deep insight into their business/trade flows with unprecedented speed, accuracy and flexibility.

Cürex Unveils Time Stamp Functionality

Cürex Group has unveiled plans to introduce additional time stamp functionality to its pre-trade analytics platform.
The new capability will allow Cürex’s customers to prove their compliance with the upcoming MiFID II’s mandated pre-trade market check through a time stamp provision, which provides recorded proof that the market check took place before an FX trade was executed.
The time stamp will be included both on each client’s FX trade confirmation and in end-of-day trading reports that Cürex provides to its customers.