Data Management
Direct Edge Expands 29West Messaging
Jersey City, NJ-based equity ECN operator Direct Edge, which is in the process of becoming a fully fledged exchange, is expanding a rollout of messaging technology from 29West, which the ECN already uses to support the part of its business acquired via…
Open Market Data: Why Not?
As cost pressures push the financial industry to consider more "open" technologies, is the time right for data vendors to abandon proprietary tactics in favor of more collaborative approaches? By Richard Reichgut, director of financial services at…
Morgan Stanley Restructures Data Group
Morgan Stanley has reorganized its Enterprise Data group to ensure that management of the bank's real-time market data technology is more tightly aligned with its most demanding internal customer, the Equity IT group, which builds and supports most of…
Theoriem Preps TimeScape for Trading
Philadelphia-based multi-asset quantitative trading firm Theoriem is preparing to go live with data management technology vendor Xenomorph's TimeScape database product, to support the firm as it moves from start-up phase into live trading, officials tell…
BATS Europe Changes Tick Size, Promotes Harmonization
Pan-European multilateral trading facility BATS Europe is changing the granularity of tick sizes for certain stocks traded on its platform, and is driving an industry initiative to harmonize tick sizes across all European exchanges and MTFs, which could…
Ballista Preps Data Expansion
Ballista Securities, operator of an alternative trading system for equity block options and delta-neutral orders, plans to expand its data infrastructure to establish new and backup connectivity to exchanges and to build a new disaster recovery site.
NYSE Casts SeaNet to Catch Latency
NYSE Euronext is rolling out technology from New York-based SeaNet Technologies for monitoring latency of market data and trade orders across its platforms.
ISE Gets Green Light for Level 2 Feed
The International Securities Exchange will next month begin charging for its direct feed of Level 2 market data, which was originally launched as a beta trial product in 2007, after receiving approval from US regulator the Securities and Exchange…
Foreign Exchange Students of Latency
Much of the debate around low latency, direct feeds and capacity issues has thus far focused on the equities and options markets, with warnings that these concerns will soon expand into other asset classes such as foreign exchange. But according to a new…
Industry Mulls Benefits, Challenges of Fragmentation
The quality and cost of exchange data continue to be key concerns for market participants, leading some to suggest that further regulation may be required to address the challenges posed by the fragmentation of European equity trading, according to…
REIDIN Puts Data on Bloomberg, Eyes Expansions
REIDIN, a Dubai-based provider of emerging markets real estate data, is making subsets of its content available via Bloomberg as an add-on subscription to the vendor's terminal.
CJC Prescribes Data Health Checks
UK-based market data consultancy CJC is offering free "health checks" to help new and potential clients assess whether their market data distribution infrastructures are capable of supporting rising levels of data traffic, officials tell Inside Market…
Athena Taps SD for Gas Pricing, Risk
Derivatives pricing and risk management software vendor SuperDerivatives is planning to expand its presence in Canada, after deploying its SD-CM commodities and energy pricing tool at Quebec-based gas marketing firm Athena Energy Marketing, which the…
Chi-Tech Preps Dual Feeds for New Platform
Exchange technology vendor Chi-Tech, formed by last year's acquisition of Cicada by multilateral trading facility Chi-X Global ( IMD , Nov. 24, 2008), will offer a choice of feed options for distributing market data from the latest release of its…
FAME Adds Tick Data
SunGard has released version 10 of its FAME data management infrastructure, which adds historical tick data to enable more detailed model building and back-testing.
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