Data Management
FISD Weighs Demand for Data Certification
Market data industry association FISD could begin certifying data professionals with official market data qualifications by this time next year, if a research study finds enough industry demand to support such an initiative, officials tell Inside Market…
New Kid on the Block
UK data vendor Markit, traditionally known for consensus credit pricing and reference entity data, has stealthily grown into a major mainstream vendor, and is now establishing itself-with last year's purchase of the International Index Company and CDS…
MDSL Integrates 3di Data
UK-based data management technology vendor MDSL has partnered with London-based consultancy 3d Innovations (3di) to integrate 3di's database of market data solutions into the vendor's MDM (Market Data Manager) system for data service cost analysis,…
FTSE, CSAG Launch 'Terror-Free' Indexes
Index provider FTSE will make real-time data on its latest series of indexes for so-called terror-free investments available via Reuters and Bloomberg today, Monday, March 31.
VWD Expands OTC Data with UBS Bond Prices
Frankfurt-based data provider VWD has struck a licensing deal with Swiss banking group UBS to allow the vendor to distribute the bank's bond prices via its Market Manager data terminals, beginning April 1, officials say.
Deutsche Börse Launches DAX Super-Sector Indexes
Deutsche Börse last week launched a new family of sector-based indexes, within its DAX family of German company indexes, designed to be used as the basis for creating investment vehicles, exchange officials say.
OMX Readies FIX Data Recovery
The Nasdaq OMX Nordic Exchange will next year roll out market data recovery capabilities based on the application sequencing feature in the latest specification of the FIX protocol, in a suite of new Genium data products to be released during 2009.
Oil, Credit Crunch Boost Sharia Indexes; Data Sourcing Remains a Challenge
The choice of investable Sharia-compliant indexes has increased significantly over the past year-primarily driven by banks and fund managers trying to appeal to Islamic investors and attract wealth from oil-rich Middle Eastern countries by creating…
Lawyers: ISE Suit Threatens Index Industry
Pending litigation between the International Securities Exchange, the Chicago Board Options Exchange and index providers Dow Jones and Standard & Poor's could negatively impact the exclusive licensing of index products, lawyers say.
DZ Bank Readies VWD Terminal Rollout
Frankfurt-based Deutsche Zentral-Genossenschaftsbank (DZ Bank) is preparing a major initiative to roll out new market data terminals from local vendor VWD to service thousands of end users over the course of 2008, sources tell Inside Market Data .
Equiduct Debuts Pan-European VBBO Feed
European equity market operator Equiduct Trading will this week launch its Virtual Best Bid and Offer (VBBO) feed of data for equities listed across European markets, and will start publishing real-time VBBO data on a select number of securities via its…
Weisel Taps Pivot for Research Distribution
San Francisco-based investment bank Thomas Weisel Partners is rolling out technology from messaging and collaboration infrastructure vendor Pivot for distributing research, prices and indications of interest via instant messaging, officials say.
Wall Street Source Launches Free News Portal
New York-based news aggregator and technology provider Wall Street Source will this week launch a new service via its Web site that consolidates news stories scraped from publicly-available sources on the Internet, in a bid to drive new business to the…
Know the Flows
Information on the flow of assets between asset classes, sectors and regions is increasingly being used as a tactical data input for investment strategies. But does it have the value to become a mainstream indicator of market movements?
ISE Streamlines Depth Messages
The International Securities Exchange has begun testing version 5.3 of its depth of market data feed, which will dramatically reduce the volume of information sent out in data messages, officials announced last Tuesday, March 18.
Blue Systems Adds Icap OTC Content
UK-based data and trading technology vendor Blue Systems is to roll out over-the-counter market data from interdealer broker Icap next month, to broaden the vendor's content coverage beyond its original focus on exchange-traded equities and currency…
Court Ends Nymex-ICE Price Dispute
The US Supreme Court last week denied the New York Mercantile Exchange's appeal against the IntercontinentalExchange over ICE's unlicensed use of Nymex's settlement prices.
Arbitragis Picks Quant House for Arb Algos
French proprietary trading firm Arbitragis has begun using low-latency market data from local vendor Quant House to power its algorithmic arbitrage trading strategies, officials say.
JPM, Bear Scramble to Integrate
NEW YORK-On the heels of one of the shortest due-diligence periods on Wall Street, investment banks JPMorgan Chase and Bear Stearns are rushing to create an integration strategy, insiders tell DWT .
HKEx Enlists BT for Remote Trading
Hong Kong Exchanges and Clearing is in discussions with network provider BT Global Financial Services to provide market data distribution and possibly trade connectivity via the vendor's RadianzNet financial services network, in anticipation of…
The Case For Scrutinizing the Scrutinizers
No doubt there were more than a few wry grins-or even cries of jubilation-in the financial markets when New York governor Eliot "Ness" Spitzer resigned last week after being caught spending a fortune on high-priced call girls. The former scourge of Wall…