Trading Floor Technologies

SunGard Debuts Brass Successor

JERSEY CITY, N.J.-As part of a global rollout of a new integrated software and execution services suite, Valdi, SunGard officials announced today, April 19, the general availability of the vendor's next-generation multi-asset order management system (OMS…

Naked Exposure: Getting the Full Picture

NEW YORK-While the industry waits for the U.S. Securities and Exchange Commission (SEC) to review all of the responses it received during the 60-day comment period on proposed changes to sponsored unfiltered, or "naked," access to exchanges, brokers are…

Abel/Noser Launches Algo Customization Platform

NEW YORK-Building on its post-trade analytics product, Trade-Zoom, agency broker Abel/Noser recently launched its Signature Algorithms application, which will customize algorithms based on the trader's past trading behavior and lower their trading costs.

Trading Firms Zero in on Nanoseconds

BARCELONA-The time it takes a beam of light to travel approximately 30 centimeters in a vacuum-one billionth of a second-will be the new performance benchmark for electronic traders, according to industry insiders who participated in a panel discussion…

IPC Alliance Gets Management Facelift

NEW YORK-As part of an upgrade to version 16 of its Alliance trading communications platform, IPC Systems has introduced a Web-based management terminal to manage system and customer account information, vendor officials announced today, March 22.

Object Trading Shaves Pre-Trade Latency

SYDNEY-High-performance trading infrastructure provider Object Trading has rolled out enhancements to its FrontRisk Interactive In-Line Risk Management service for sell-side users, say vendor officials.

AlgoEngineering Spins Off Tech Startup

NEW YORK-Low-latency execution provider AlgoEngineering recently launched a new venture, dubbed Algo Technologies, which will turn the vendor's proprietary infrastructure into products and services for third parties.

CQG Grows API Partners with MathWorks, KaiTrade

DENVER-Data, charting and trading software provider CQG is expanding the capabilities of its Integrated Client platform via new partnerships with Natick, Mass.-based mathematical and modeling software provider The MathWorks and Chicago-based trading…

Fire Shuts TD London Floor

LONDON-TD Securities shut down its London office on March 11 due to a nearby fire that ripped through an office block on Tabernacle Street in outskirts of the City of London.

RTS Ramps Up Latency Reduction

NEW YORK-Trading services provider RTS Realtime Systems Group has gone into beta testing with the first of a three-phrase technology initiative to enhance its low-latency offering.

Ullink Implements FIXatdl Publishing System

PARIS-Trading platform and connectivity provider Ullink plans to announce enhancements to its Algorithm Management System (AMS) in conjunction with the launch of version 1.1 of the FIX Algorithmic Trading Definition Language (FIXatdl) at the upcoming FIX…

GTX Girds for Algo Trading Traffic

NEW YORK-Gain Capital, operator of the GTX foreign exchange (FX) ECN, expects to see an uptick in algorithmic trading as complex event processing (CEP) platform provider StreamBase Systems announced the availability of a GTX adapter for the vendor's CEP…

Totan Group Rolls Out BT ITS.Netrix

TOKYO-Japanese interdealer broker Totan Group has selected to deploy global telecom giant BT's ITS.Netrix turret platform on the firm's new trading floor, vendor officials announced today, March 1.

Ancerno Debuts Web-based Trade Compass

NEW YORK-Transaction cost analysis (TCA) tools and consulting services provider Ancerno is nearing its first major milestone of moving its entire TCA offerings to the Web, vendor officials announced today, March 1.

UNX Eyes Europe, Multi-Asset Support

NEW YORK-Execution management system (EMS) provider UNX plans to expand its UNX Catalyst Portal to include more assets and greater geographic coverage, vendor officials tell DWT .

StreamBase Opens Developers Sandbox

NEW YORK-Complex event processing (CEP) platform provider StreamBase Systems has built an online service that will allow financial industry IT developers to download and share reusable components in a global community, vendor officials announced today,…

TT Targets Proximity-Based Trading Strategies

NEW YORK-Multi-asset trading technology provider Trading Technologies International (TT) expects to add proximity-based strategies to a yet-named new product in its Strategy Engine (SE) product line.

Microsoft SQL Server to Gain Native CEP

NEW YORK-Software giant Microsoft expects to include its complex-event processing (CEP) platform as a standard feature in the next release of its Microsoft SQL Server line, due out before the end of the second quarter, DWT has learned.

Calypso Makes Regulatory Update to Workstation

SAN FRANCISCO-Calypso recently released an upgraded version of its front-office system, Calypso Workstation, version 11.1, to account for U.K. Financial Services Authority (FSA) liquidity regulations that took effect in December 2009.

Caplin Trader Update Courts High-Frequency Traders

LONDON-In order to keep up with the demands of high-frequency traders, Caplin Systems has rolled out a new directory structure that supports multiple parallel development streams for version 2.0 of its Caplin Trader Web client framework for its Caplin…

Banco Fator Deploys Low-Latency Architecture

São Paulo-Brazilian bank and brokerage Banco Fator Corretora has adopted the Progress Apama Algorithmic Trading Accelerator and Event Modeler systems from complex event processing (CEP) platform provider Progress Software in order to provide the broker's…

Latency Arms Race Turns to Pre-Trade Risk

NEW YORK-Sell-side firms that have focused too much on reducing their execution latency at the expense of reducing pre-trade risk-check latency may find they have fewer clients, as buy-side firms strive to synchronize the pre- and post-trade checks,…