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Keeping the engine behind your market data running

Keeping the engine behind your market data running

Independent21-05-2025

CJC is a Business Reporter client
Financial data is more than just information; it is the backbone of the global markets. From stock exchanges and investment banks to asset managers and central banks, financial institutions depend on accurate, real-time data to operate, compete and comply. Market data – pricing, trade volumes, company announcements, news and economic indicators – flows through every aspect of the financial system, guiding decisions worth billions.
CJC, a British-headquartered market data technology consultancy, has spent 25 years ensuring that this flow of information remains fast, secure and reliable. Founded in London in 1999 as a three-person consultancy, CJC now operates across three continents, with more than 130 employees supporting some of the world's largest players in global finance. Alongside its UK headquarters, CJC maintains major offices in Hong Kong, Singapore, New York and, most recently, Tokyo.
CJC is unique in its ability to combine deep technical expertise with a vendor-neutral, client-first approach. The firm designs, builds and supports the infrastructure that enables institutions to receive, process and act on market data without disruption. In a world where microseconds matter, even the smallest outage or delay can carry serious financial and reputational consequences.
CJC offers everything from high-performance infrastructure design to proactive managed services, analytics and automation. Its ITILv4-aligned service model, backed by ISO/IEC 27001 certification, enables round-the-clock support for mission-critical systems. For Tier 1 banks, CJC provides consulting and innovation support. For smaller firms, it delivers complete, end-to-end solutions tailored to their specific needs.
A key part of CJC's success lies in its commitment to developing talent. Through its Academy programme, experienced professionals mentor and train new specialists, filling an industry-wide skills gap and ensuring a pipeline of future-ready experts.
With a constant eye on transformative technologies such as AI, cloud and blockchain, CJC continues to evolve. But one thing remains constant: a relentless focus on helping clients navigate the ever-growing complexity of financial data.
In a fast-changing world, market data isn't just a competitive advantage – it's essential infrastructure. And CJC, proudly headquartered in Britain and powered by a trusted global team, is the partner keeping that engine running.

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Families in seaside town dubbed Chelsea-on-Sea celebrate after developer loses bid to scrap rule new builds should be sold to locals only
Families in seaside town dubbed Chelsea-on-Sea celebrate after developer loses bid to scrap rule new builds should be sold to locals only

Daily Mail​

time11 minutes ago

  • Daily Mail​

Families in seaside town dubbed Chelsea-on-Sea celebrate after developer loses bid to scrap rule new builds should be sold to locals only

Families in a seaside town dubbed Chelsea-on-Sea have celebrated after a developer lost its bid to scrap a new rule that new builds should only be sold to locals. The Planning Inspectorate ruled this week that Valentine London can only sell its four new luxury apartments in Salcombe, Devon, to people planning to live there full-time. The developer had appealed South Hams District Council's 2019 rule that any new homes in the coastal resort town must be primary residences. The firm said this strict condition made its £1.2million flats 'unsellable' - but its pleas were rejected by the national planning body on Monday. Salcombe earned its nickname, punning on the affluent London area of Chelsea, as almost half its dwellings are owned by outsiders. They often use their properties as second homes or holiday lets. It means property prices in the town have soared to an eye-watering average of £826,000, pricing locals out of the market and forcing many out of the area. So, natives of the picturesque sailing town are overjoyed at this latest decision - which they said sets an important precedent for all coastal areas affected by second home ownership. Salcombe's mayor, town coucillor Jasper Evans, said: 'Salcombe's housing stock is under pressure from the number of second homes which is absolutely not a criticism of second home owners. 'They have invested massively in the town and we are tremendously appreciative of everything they contribute. To be clear - we welcome everyone who loves Salcombe. 'In Salcombe, the permanent resident population has been in decline. We don't want that to continue. 'We want young people to stay in the town, work here, be part of the local economy and community. 'The town's year-round vitality depends on its permanent residents of all ages. So, the policy is that if you buy a new house, it has to be your main home. 'That doesn't apply to houses already built. 'This policy is certainly well-supported in Salcombe. It is in our Neighbourhood Plan and it's been introduced in many coastal towns, especially in the south west, who have also been closely watching this appeal. 'It was very important for us and I am sure other communities who adopted the principal residence condition will be equally pleased with this decision.' The properties are no longer listed for sale and the estate agents said they could not comment on why. MailOnline has contacted Valentine London for comment but the company appears to have gone into receivership as of May last year. Its directors are listed on Companies House as Andrew and Samantha Manning-Smith, with both appointed in May 2016. Mr Manning-Smith's LinkedIn page reads: 'Currently developing 15,000 sq ft on the water in Salcombe.' Meanwhile, Mrs Manning-Smith's describes her as a 'property owner in Salcombe' with the development 'now concluded and in the sales phase' - and her profile picture bearing the tag 'open to work'. Their accounts also show them both also currently working as co-founders of Targa Club as of August 2019, a private members' club for car lovers. Mrs Manning-Smith has regularly featured as a 'panellist on political and current affairs' on Radio 4, Radio 5 and Channel 4 with Anita Anand and Cathy Newman. She was asked to speak at the Conservative Party Conference by then-Prime Minister David Cameron in 2009. And she was put forward to stand as a candidate for the party in London's Richmond Park in 2007, missing out to Zac Goldsmith, who was MP from 2010 to 2016 and from 2017 to 2019. He served as Minister for Overseas Territories from September 2022 to June 2023 and is now a life peer. Mrs Manning-Smith has also won various business accolades, as a finalist in Business Woman of the Year 2006, invited to Buckingham Palace to meet the late Queen in 2007 as one of the 100 Most Influential Women In Business. Planning inspector Oliver Marigold said the drawbacks of letting Valentine London sell the flats without the primary residence condition would 'significantly and demonstrably outweigh the benefits'. South Hams District Council brought in this rule in its 2019 Salcombe Neighbourhood Plan as the town reached breaking point over the second homes issue. Salcombe had become the second most expensive seaside location after Sandbanks. This was no mean feat, given the Dorset seaside town has long been the playground of celebrities like football manager Harry Redknapp and chef Rick Stein. Permission for the four flats in Salcombe and a commercial unit at ground level below them - known collectively as the Brewery Quay scheme - was granted in 2020. The council says the developers were aware of the primary residence restriction throughout. Developers managed to flog the commercial space to a marine business. But the white elephant flats have still not sold, despite efforts to variously market them off-plan, after completion and at 25 per cent under market value. Valentine London has claimed this is because buyers see it as a risky investment, fearing the principal residence rule would make it hard to sell the flats on. But Mr Marigold did not agree: 'The main reason that the flats are not occupied is because of the marketing strategy, which I have found has not sufficiently explored all potential opportunities.' He said as far as he was aware, new dwellings granted permission in the South Hams area since the rule was implemented in 2019 have sold without any problems. The inspector added a lower price may yet pull potential buyers in. He also remarked: 'I do not accept the contention that the planning system entitles developers to expect a reasonable return from development or that the need for a return justifies non-compliance with planning policy.' Mr Marigold also said not upholding the rule would undermine its function - to 'redress the balance of an unquestionably high proportion of second or holiday homes in Salcombe'. 'Tourism is important to Salcombe, but the level of second homes and holiday lets is harming its vitality', Mr Marigold wrote. 'Policy H3 clearly sets out that new unrestricted market homes will not be supported, to meet the housing needs of local people and to strengthen the community and economy.' District councillor Mark Long has previously said, after the appeal was submitted: 'We need people living here full time. 'What we're looking for is to try and balance things out so that we actually have a vibrant, viable community.' If Valentine London won, all areas with principal residence conditions would be at risk 'right across the South West and around the country', he warned. 'And so I think it's important that we try and hold the line here.' Salcombe Town Council has previously echoed this sentiment: 'Nothing in any document submitted persuades us to waver from upholding the principal residence Policy SALC H3 which is and has been very clear: "New unrestricted market homes will not be supported at any time"... 'Many other parishes are protected by similar policies and any deviation would set a dangerous precedent in and beyond Salcombe. This policy must be vigorously upheld.' Salcombe is one of 12 parishes in the South Hams district, on Devon's south coast, which have adopted principal residency conditions 'to achieve sustainable communities'. Such policies have been adopted in other parts of the country too, like the coastal town of St Ives, Cornwall. A spokesperson for Salcombe Town Council has now commented, after this week's decision: 'This is more than just a planning decision. It's about keeping Salcombe a lived-in town throughout the year... 'We want our streets to stay alive all year round, the school well-used, neighbours sharing a coffee and local shops and services supported by residents who call Salcombe home. 'Other coastal communities which have a substantial visitor economy and many houses not permanently occupied have been closely watching this appeal. 'This decision helps reinforce the shared importance of protecting space for permanent communities in areas under intense second-home demand.' It added: 'We welcome everyone who loves Salcombe, whether you're here all year, some of the year or just visiting. 'What matters is that we work together to ensure Salcombe stays vibrant, resilient, and inclusive. 'Supporting principal residence new homes is not about exclusion - it's about keeping the heart of Salcombe beating year round and for generations to come.' Valentine London co-director Mr Manning-Smith, has previously been quoted as refuting the council's claims developers knew about the restriction when the homes were built. He said: 'This was the first primary occupancy restriction in Devon. 'When we applied for preplanning and planning the primary occupancy restriction did not exist. 'It also did not exist in the statement of common ground agreed with the council a month before the appeal. 'The point we were aware the restriction was requested to be applied by South Hams Council was on the day of the appeal. 'We have applied to remove the condition as the apartments are unsaleable at a proper price with the condition, which we told the inspector on the original appeal, and highly unlikely to be mortgageable. 'Despite numerous reductions in price and offers of incentives, the apartments have failed to find a buyer in the last three and a half years due to the condition on this site.'

Home Bargains shoppers are clearing shelves of £12.99 POOL that you can set up in less than 10 mins
Home Bargains shoppers are clearing shelves of £12.99 POOL that you can set up in less than 10 mins

The Sun

time25 minutes ago

  • The Sun

Home Bargains shoppers are clearing shelves of £12.99 POOL that you can set up in less than 10 mins

SHOPPERS have been clearing a bargain store's shelves of a £12.99 pool that you can set up in less than 10 minutes. The Avenli Prompt Inflatable Pool from Home Bargains is perfect for keeping cool in the hot weather – if you can find one. The pools are currently sold out on the store's website but some wily shoppers have managed to beat the crowds. One shopper posted on Facebook: "£19.99 in Home Bargains! Selling fast. Had to go to 3 different stores to find one! 8ft in size." The pools came in three different sizes, starting at just £12.99 for a 6ft pool. This rises to £19.99 for the 8ft version and £34.99 for the 10ft model. A statement on the Home Bargains website reads: "Dive into summer fun with the Avenli Prompt Inflatable Pools, available in 6ft, 8ft, and 10ft sizes! "Easy to set up in under 10 minutes and built from durable materials, it's the perfect garden accessory for family enjoyment and hassle-free relaxation." If you've missed out on one of the pools you can log on to the Home Bargains site and request a notification when they are back in stock. It comes as several stores – including Aldi, Lidl and Tesco – fill their shelves with summer items to enjoy during the current run of hot weather. My dream pool was £40,000 so I DIYd my own 18ft version in February all for this summer heatwave - it's saved me £37,000 This includes everything from pet products – including sun shades for dogs – to festival favourites such as camping chairs and tents. Aldi 's Specialbuys launch every Thursday and Sunday, with the budget store's middle aisle flooded with a whole host of bargains, from garden gadgets to beauty dupes. Some of the more unusual items landing in stores today include a game of giant wooden toppling blocks, providing endless hours of fun for just £26.99, and a stand up paddle-board. With durable construction and hand-pump included, the paddle board, which costs £129.99, weighs 130kg and has a detachable seat with back and footrest so it can easily be converted into a kayak. Other items in the sale include a basketball hoop, priced at £39.99, while an outdoor table tennis set, pickleball top and a giant play parachute, all cost just £8.99 each. Today's bargains also include a Giant Sprinkler. The huge kids toy is priced at £19.99 and comes in either an octopus or a unicorn design. The inflatable product shoots water out of jets, meaning your kids will be having a whale of a time, while keeping cool, providing the perfect alternative to the Avenli Prompt Inflatable Pool if you missed out on one.

Campaigners look to Historic England to save Black British site Bridge Park in London
Campaigners look to Historic England to save Black British site Bridge Park in London

The Guardian

time27 minutes ago

  • The Guardian

Campaigners look to Historic England to save Black British site Bridge Park in London

The future of London's Bridge Park complex, a prominent location for Britain's Windrush generation, hangs in the balance as campaigners hope Historic England will save it from councillors' decision to close it within weeks. Bridge Park community leisure centre in Stonebridge, north-west London, was Europe's largest Black-led community enterprise when it opened in the 1980s and is cherished for its part in Black British history. But last Monday, days before Windrush Day on Sunday, which celebrates the postwar history of UK Black communities, Brent council, which took over the day-to-day running of Bridge Park in the mid-90s, decided it would close on 31 July as part of proposals to 'radically transform' the area. Lawrence Fearon, one of Bridge Park's founders, said: 'Bridge Park is not just a building. It's a testament to the dreams of the Caribbean diaspora and the legacy of my generation, who dared to build a better future against the odds.' Campaigners are looking to Historic England for a lifeline. The Save Bridge Park campaign applied to the heritage body earlier this year to have the building listed to save it from development, a move backed by the Labour MP Dawn Butler, Paul Boateng, the UK's first Black cabinet minister, and the broadcaster Trevor Phillips. In the years since Bridge Park was taken over by the local authority, the focus has shifted from enterprise to sports, leisure and events, but it remains well used, with a powerful legacy. Until 1981 it was the Stonebridge bus depot, where staff from the Windrush generation worked. When the site became disused, local young people formed a cooperative – the Harlesden People's Community Council – to transform it into a space for Black-owned businesses, with funding from Brent council and the former Greater London Council, amid high unemployment and discrimination in Margaret Thatcher's Britain. Founders included the community leader Leonard Johnson, whose philosophy – 'let's build and not destroy' – prevented disorder from spreading to Harlesden on the night of Brixton's uprising in 1981. Bridge Park was inaugurated by King Charles, then the Prince of Wales, in 1988. At its peak it had 32 business units, a sports hall, theatre, training centre, recording studio, restaurant and bar. The Royal Shakespeare Company's Ray Fearon, 51, and the Premier League footballer Raheem Sterling, 30, spent formative years there, and are backing plans to save it. Brent council said it acknowledged 'the part Bridge Park had in an important chapter in Black British history', but spending £1.5m to bring it up to 'suitable safe standard' was 'not a good use for public funds'. Sign up to The Long Wave Nesrine Malik and Jason Okundaye deliver your weekly dose of Black life and culture from around the world after newsletter promotion Muhammed Butt, the leader of Brent council said: 'I understand the deep affection that local people have for Bridge Park, but … it's simply not financially sustainable to keep it open. Instead, we want to get on with building a brand new leisure centre for the community, which will be more than double the size and purpose-built. 'Our plans are all about transforming the area for the benefit of local people – much-needed new homes, more green spaces and new jobs.' Rebecca Markus, a researcher and co-lead of Save Bridge Park, said: 'It's a really amazing, early example of adaptive reuse. There's an idea that for a building to be of architectural merit it needs to be designed by a star architect and subscribe to a specific style, but if our heritage is actually going to reflect the nation then we have to be inclusive in the way we think about these things. 'Buildings hold a tangible connection to the past that can't be captured by words or photographs.' Historic England is expected to make a decision this summer. It was approached for comment.

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