Special report

Users Seek Tighter Control on Data Spend

The practice of building centralized functions to run market data procurement has emerged as a key tactic for firms seeking tighter control over their data spend as the financial crisis continues, according to a panel of executives from end-user firms at…

European Trading Firms Go Loco for Co-lo

Co-location facilities remain in demand, not only as firms seek to reduce the latency of data delivery by locating their trading engines in the same physical premises as exchanges and multilateral trading facilities, but also as a means to cut back on…

Rethink Architecture or Risk Drowning in Data

Increasing volumes of data resulting from the growth of high-frequency trading could overwhelm markets unless firms review their infrastructure requirements, and find new ways to improve their data architectures beyond simply adding hardware or…

Data Costs Rise, Despite Exchange-MTF Competition

The emergence of new multilateral trading facilities as alternative venues to traditional exchanges in Europe since the introduction of the MiFID regulations has seen increased competition and more available liquidity, but has also led to an increase in…

Vendors Focus on Value to Combat Downturn

The difficult economic conditions of the past year have led providers of market data to focus on initiatives that can yield cost savings for their clients, to help them through the financial crisis, according to vendor panelists at last week's European…

Evolving Demands Lead Wedbush to Diversify

Automated trading has been constantly evolving over the past decade as trading technology progresses, but its overall effect on the cash equities markets has not changed: Trading margins continue to come under increasing pressure as more firms want to…

Carbonn's Copy - Data Challenges of Olympic Proportions

In 2012, London will host the Olympic Games. Aside from feeding a well-loved British national pastime of complaining about the cost and botched delivery of every large-scale project deemed worthy, or not, of public funds, the games have provided a much…

European Data Dilemmas: Navigating Fragmented Liquidity

The end of concentration rules brought about by the European Commission's Markets in Financial Instruments Directive has heralded a new age of competition between exchanges and multilateral trading facilities. But what are the implications for the market…

NYSE Tech's SuperFeed Flies into Europe

NYSE Technologies, the trading technology and data vendor subsidiary of exchange group NYSE Euronext, is preparing to launch a beta version of its SuperFeed low-latency consolidated feed service in Europe.

Handling the Growing Buzz

High-frequency trading is at a crossroads. The barriers to entry for high-frequency trading have never been this low for buy-side firms. At the same time, sell-side brokers are facing a low-latency arms race trying to make sure they can deliver the…

The Future of High-Frequency Trading

The popularity of high-frequency trading is growing by leaps and bounds within the financial services industry, despite the growing political pressure to further regulate it. High-frequency trading adds liquidity to the market, tightens spreads while…

Fidessa Adds OTC Data to Liquidity Analytics

UK-based trading technology and market data vendor Fidessa is planning to incorporate data from over-the-counter trade reporting venues and dark pools into its Fidessa Fragmentation Index (FFI) liquidity analytics service, which traditionally focused on…

Wiener Börse Preps Prague Data for ADH

Austrian exchange Wiener Börse is preparing to make market data from the Prague Stock Exchange available via its Alliance Data Highway (ADH) feed by the end of September, and is currently testing the data with vendor clients, officials say.

Changing equity markets test buy-side traders

Market volatility, counterparty risk and other issues are posing significant challenges to buy-side equity traders at the same time that their brokers are having to rethink their own business models. A new Tabb Group report, Equity trading in transition:…

Executive action

Cynics would have argued that the buy and sell side would be too busy looking for the green shoots of economic recovery to attend the July 1 Best Execution 2009 (London) event, hosted by Buy-Side Technology and DWT. But an impressive turnout on the year…

Real-time risk: a mandate for trading in volatile markets

Not long ago financial services firms had to run their Monte Carlo simulations overnight. But with the advent of faster processors and new technology, firms can now manage their risk in real time or near to real time. Buy-Side Technology and DWT hosted…

Pricing priorities

After the global credit crisis exposed weaknesses in methods investment managers and other financial institutions employ to price and assess the risks in their portfolios, a new Aite Group report predicts firms will double their technology spending on…

Supplementary solution

When Metzler Asset Management opted to implement the Charles River IMS, it chose to supplement its existing front-office applications with the system, rather than use it as a replacement. For an asset manager with an historically strong in-house bias,…