Articles by Max Bowie
CBOE Eyes 12-Month Latency Cuts
The Chicago Board Options Exchange is in the middle of an ongoing project to reduce data and transaction latency across its trading systems to less than 100 microseconds, building on existing latency reductions achieved as a result of moving its primary…
Startup Fund Linkul Value Taps YCharts
Startup asset manager Linkul Value Management has signed up to use Chicago-based YCharts’ online fundamental data analysis platform for historical analysis and running reports to create pitch books to attract investors.
Eley Pivots to GoldenSource
John Eley, former chief executive of energy and commodities instant messaging, trading and liquidity aggregation software Pivot Inc., which was acquired by CME Group in July 2012 (IMD, July 31, 2012; Aug. 5, 2012), has joined enterprise data management…
Fannie Mae Catches Khatri
Market data industry veteran Arun Khatri has joined mortgage underwriter Fannie Mae in Herndon, VA as technology sourcing specialist, managing data services required by the agency's trading floor and to support its mortgage origination activities.
Morningstar Puts CMBS Ratings on Bloomberg Terminals
Chicago-based data and investment research provider Morningstar's credit ratings arm has begun providing commercial mortgage-backed securities ratings via Bloomberg's Professional terminal, to meet growing investor demand for broader distribution of its…
Savvis to Maintain Financial Focus, Post-Name Change
Officials at network and hosting provider Savvis say the vendor remains committed to its capital markets cloud and co-location customers, after retiring the Savvis brand and changing its name to CenturyLink Technology Solutions (CTS) in a bid to…
xCelor Debuts Single-Digit Nanosecond Data Switches
Chicago-based low-latency switching and data technology vendor xCelor has begun rolling out its family of xPort Layer 1 network switches, which replicate data from feeds without performing other processing tasks, to minimize port-to-port latency to…
Kensho Unveils Warren, a Natural-Language Query ‘Virtual Research Assistant'
Cloud-based analytics provider Kensho has enlisted asset managers and research teams to test Warren, a "virtual market research assistant" developed for the financial markets that understands and responds to queries asked using natural language.
SMA Launches Social Media Analytics for Active Traders
Social Market Analytics, a Naperville, Illinois-based provider of trading signals based on social media sentiment, has released three new products aimed at active traders, in addition to its existing SmartStation workstation product for institutional…
CEO Fenwick Departs Dow Jones
News Corporation yesterday announced the departure of Dow Jones chief executive Lex Fenwick after less than two years in the role, saying that the vendor would review the institutional strategy that Fenwick implemented, including the DJX news and data…
MDSL Preps Index, Trading Cost Management Tools
UK-based market data inventory management and usage monitoring technology provider MDSL is rolling out two new services aimed at helping financial firms manage their index data and FIX trading connectivity spend similar to how they manage market data…
MDSL Preps Trading Cost Management Tools
UK-based MDSL is rolling out a new service aimed at helping financial firms manage their Fix trading connectivity spend, similar to how they manage market data spend using the vendor's market data management (MDM) platform.
Market Prophit Adds ‘Maven' Filter to Crowd Sentiment, Ranks Individuals' Performance
New York-based social media sentiment analysis provider Market Prophit has created a filtered version of its sentiment feed, which creates sentiment scores for companies based on mentions in social media, and has added a feature that ranks the most…
Markit Hub Adds Roubini Economic Data
Markit has added economic research and analysis from Roubini Global Economics (RGE) to its Markit Hub research platform, which aggregates research, analysis and news from banks, data vendors and news providers.
Data Boiler Names Former JP Morgan Exec COO
Edward Lai, former vice president of the chief investment office at JP Morgan in Asia, has joined Big Data analytics startup Data Boiler Technologies as managing director and chief operating officer, responsible for product development, compliance and…
Financial Machineries Buys Data Contributions Ahead of Aggregated Repository Data Launch
Milan-based startup risk and quantitative analytics provider Financial Machineries is preparing to launch a feed of cleansed, aggregated data from trade data repositories, dubbed GTR Analytics, and has acquired London-based contributed data consultancy…
Dow Jones Sues RANsquawk for $5 Million
Dow Jones has filed a lawsuit against London-based news aggregator and audio "squawk" provider RANsquawk, accusing the vendor of systematically stealing Dow Jones' news headlines and stories without a license to distribute its news, and seeking at least …
Industry Optimistic for Innovation in 2014
At the start of the New Year, it’s customary to say goodbye to the past year and look ahead to the opportunities and challenges of the next. In keeping with this theme, Inside Market Data asks vendors what they expect to drive or hinder innovation in the…
Hardware Failure Hits Nasdaq Options Data, Trading
Nasdaq halted trading in options symbols starting with the letters A through M on its Nasdaq Options Market on the morning of Friday, Jan. 10, after the exchange experienced an issue with processing data from the Options Price Reporting Authority.
Spread Connects NYSE Mahwah Datacenter to Chicago
Ridgeland, MS-based low-latency fiber network operator Spread Networks has set up a point of presence for its wavelength data network between New York and Chicago at NYSE Euronext's datacenter at Mahwah, NJ, creating roundtrip latency of around 14…
Post-Merger, Inet BFA Lays Out Integration, Execs
Inet BFA, the South African data provider formed by last year's acquisition of I-Net Bridge by McGregor BFA from Times Media Group, has finalized its combined management team and is laying out plans to integrate the two vendors' datasets and delivery…