Data Management
Spotlight on Dan Bukowski
After a 22-year stint on the buy side, most recently as chief information officer (CIO) at Citigroup Asset Management, Dan Bukowski has opted to head up research at equity analytics technology developer Quantitative Services Group (QSG). He discusses the…
Search for alpha to push quant assets towards $7 trillion in 2008
Quantitative investment strategies had amassed an estimated 12 per cent of global assets under management by the close of 2007, a clear indication that more buy-side and hedge fund managers have deployed such models in the pursuit of alpha. Stewart…
When Weighing Your Options, Less is More
Data consumers often liken their applications to a baseball catcher's mitt, attempting to catch the high-speed data being pitched at them by US options exchanges. And in the example of options data, just like a pitcher who can keep his pitch count low,…
Options Data's Growing Pains
Data volumes in the options markets continue to grow at frustrating rates as exchanges list more instruments, algorithmic trading of options gains traction, and the Securities and Exchange Commission expands the quoting of options in penny increments…
Europe Braces for Options Data Growth
European options data volumes-while low compared to their US equivalents-are rising fast, prompting options exchanges in the region to deploy new technologies and upgrade client bandwidth connectivity to accommodate current and anticipated rises.
FactSet Buys Fundamentals "Copy"
FactSet Research Systems has emerged as the first vendor to buy a "copy" of the Thomson Fundamentals database, which Thomson Reuters is required to sell for competition reasons, after regulators in the US and Europe imposed the sale of copies of certain…
LSE Delays Performance Channels Rollout
The London Stock Exchange last week told members that it will delay the full production launch of its Performance Channels low-latency datafeed until June 9, to give members sufficient time to complete full tests of the feed with their systems, officials…
Tokyo Grain Exchange Hit by Data Outage
The Tokyo Grain Exchange experienced interruptions to market data distribution and a trading suspension on Friday, April 18 and Monday, April 21-the third set of interruptions in the past four months, according to industry sources.
LaCrosse Grows Valuations with CMA Data
LaCrosse Global Fund Services, a New York-based provider of fund administration and operations services to hedge funds, is looking to migrate its global client base to daily credit derivative valuations from credit data provider CMA's DataVision service.
Congratulations, Mr Glocer, It's a Boy!
... Or is it a girl? Actually, it's a multi-billion-dollar monster. Last year's illicit affair has at last blossomed into marriage, and-after a lengthy gestation-the birth of a new entity and the patter of tiny feet.
Audit Integrity Unveils Underlying Data
Audit Integrity, a Los Angeles-based provider of corporate integrity ratings, is making its underlying database of company information and analytics available to end-users to run their own calculations.
Fortis Centralizes Global Data Management
Belgian banking group Fortis has begun a global market data management project to enable the bank to manage data usage via a competence center in Brussels by the end of this year, officials say.
Nasdaq Preps UTP Rise
Nasdaq will make significant bandwidth upgrades to the consolidated UTP Quotation Data Feed and UTP Trade Data Feed of activity in Nasdaq-listed securities early in the second half of this year, in response to requirements by the UTP Operating Committee…
Instinet Launches New Algos
Global agency broker Instinet, a wholly owned subsidiary of Nomura Holdings, has released a new, revamped suite of algorithms, dubbed Instinet Execution Experts, today, April 14. The collection incorporates components of Instinet's previous algorithmic…
Green Is Not Optional
According to a recent report presented to the U.S. Congress, the growth in IT power demand over the next decade will require the construction of 10 full-scale power plants just to meet it. Those numbers are just for IT and do not consider growth in…
Nasdaq OMX Preps Volume Display Portal
Nasdaq OMX has released a beta-test version of a new, Web-based real-time data product, dubbed Nasdaq Trade Ads, which allows exchange customers to display their trading volume and market share for particular stocks, to attract order flow from buy-side…
Fixnetix to Power Equiduct VBBO
Pan-European multilateral trading facility Equiduct Trading has announced it is sourcing direct feeds from European exchanges and MTFs via UK-based low-latency data vendor Fixnetix, to power its Virtual Best Bid and Offer (VBBO) feed launched on April 4 …
LSE, Borsa to Consolidate Data Delivery
The merged London Stock Exchange and Borsa Italiana group will migrate data subscribers to the LSE's Infolect data distribution platform in the first half of 2009, and provide an integrated data distribution platform that disseminates real-time data from…
Landsbanki Deploys Infront Terminals
Icelandic banking group Landsbanki is rolling out data displays from Norwegian vendor Infront across its business lines in Iceland, and is negotiating an enterprise license to deploy the product in other regions, officials say.