Data Management

Banks take shares in Chi-X as volumes soar

Global agency broker Instinet announced last month that a consortium of 13 firms had taken an undisclosed minority holding in Chi-X Europe, the operator of Europe's first pan-European equity multi-lateral trading facility (MTF). Instinet will remain the…

Big interview: Talking shortt

It is no secret that a number of the sharpest business and IT minds in the financial services industry are firmly ensconced within top-tier investment banks. It follows, therefore, that some of the industry’s most advanced trading and risk management…

S&P rolls out CreditStats Direct

Standard & Poor's last month launched CreditStats Direct, a new web-based analytics service that provides data and tools to view the adjustments underlying S&P's ratings of debt issued by North American and European corporates and utilities.

Opra Sneezes, Exchanges Get the Hiccups

Much of the financial markets' technology focus post 9/11 has centered on business continuity, resiliency, and eliminating single points of failure, where an issue with one link in the chain that is today's financial markets can potentially impact all…

Turquoise Preps Apama Analysis Platform

European multilateral trading facility Turquoise is preparing to roll out a real-time market surveillance platform from event processing and algorithmic trading software vendor Progress Apama and consultancy Detica that can also be used for general…

The Exchanges Strike Back

What a difference a week can make. Last week the industry was wondering what NYSE Euronext CEO Duncan Niederauer planned to purchase and he surprised us with a twofer-the American Stock Exchange (Amex) and Wombat Financial Software.

A Busy Week for the NYSE and Friends

According to Benjamin Disraeli, there are lies, damn lies, and statistics. Allow me to add another category-rumors. Sometimes these rumors get swept under the carpet; other times they turn out to be true. Take, for example, the New York Stock Exchange,…

Equiduct Picks KTS for VBBO Data Display

European equity market operator Equiduct announced last week that it has engaged UK-based data and technology vendor Knowledge Technology Solutions to create a hosted Web application for traders and investors to view data from Equiduct's Virtual Best Bid…

LSE Readies Performance Channels for Live Production

The London Stock Exchange made the production version of its Performance Channels low-latency datafeed available via its customer development service last Monday, Jan. 14, ending a pilot phase that has been running since the exchange's TradElect platform…

HKEx to Focus On Data in '08

Hong Kong Exchanges and Clearing plans a number of data dissemination initiatives in the first half of 2008, to meet pressures from rising market turnover, according to HKEx chief executive Paul Chow.

S&P Launches CreditStats Direct Analysis

Standard & Poor's last week launched CreditStats Direct, a new online content and analytics service that provides fundamental data and tools to view the adjustments underlying S&P's ratings of debt issued by North American and European corporates and…

Navellier Mulls AI Data Adds to Models

Reno, NV-based portfolio manager Navellier & Associates is considering whether to incorporate company ratings data from Audit Integrity into its investment models, after using the vendor's data as an additional input to its investment process since…

BoA to Exit Equity Prime Brokerage

NEW YORK-As investment banks north and south of the U.S.-Canadian border are restructuring in response to the credit meltdown, Bank of America (BoA) plans to sell its equity prime brokerage business and separately, Canadian Imperial Bank of Commerce …

NYSE: Wombat to Boost SFTI Connectivity

NYSE Euronext plans to integrate feed handler and data management technology from Wombat Financial Software with the order routing and communications network of NYSE TransactTools, following the exchange's announcement last week of plans to acquire the…

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