Data Management
Reliance on brokers for equity trading on the rise
Despite the proliferation of electronic and self-directed trading tools across the investment management universe, a new industry report shows that issues such as increasing market volatility, changing commission arrangements, and fragmented liquidity…
SGX Takes Over JADE Data
The Singapore Exchange has taken over distribution of market data from the Joint Asian Derivatives Exchange (JADE), a joint commodity futures market venture set up with the Chicago Board of Trade in September last year, after buying out the 50 percent…
UniCredit to Roll Out InfoMatch to HVB
Germany's HVB Group will next year begin using the InfoMatch inventory management software from Dutch vendor Screen Consultants to monitor and manage market data vendor usage and contracts, Inside Market Data has learned, extending the scope of an…
FX Platform to Meld Citi, Saxo Rates
Denmark's Saxo Bank is to incorporate currency prices from Citigroup into a foreign exchange trading platform being hosted on behalf of the bank by Saxo, officials tell Inside Market Data .
CLSA Preps Low-Latency Data Platform
CLSA Asia-Pacific Markets, a Hong Kong-based broker and investment firm, is rolling out a new market data infrastructure to reduce data latency, as part of a project to implement a next-generation trading system for handling increased message volumes…
Confluence Automates SFAS Validation
Pittsburgh-based fund data management software vendor Confluence has added the ability for investment managers to automatically validate disclosure schedules against their general ledgers using its Unity Holdings application, which automates collection…
CME, FIX to Speed Options Data Downloads
The Chicago Mercantile Exchange is planning to apply time-saving code created as part of the FIX Protocol to the process by which firms download the exchange's data dictionary of financial information for CME-listed contracts. Implementing the code would…
Experts: Asia to Follow European Trading Mold
NEW YORK-Firms looking to test the electronic trading waters in Asia should follow the history lessons learned in Europe, not the U.S., according to a recent roundtable of industry participants.
How the Hell Did We Get Here?
Exactly 12 months ago, I had a bit of a rude awakening as I moved from a features-driven monthly to a news-driven weekly when I took over the editorship of DWT . Since then, the market has suffered its own rude awakening as well.
Thomson Readies Local Asia Products
Thomson Financial is increasing its focus on Asian markets with the addition of data sourced from China and local-language components for its Thomson One workstation products, and is looking to bring US products to the region.
Markit Preps Global Index With IIC, CDSI
UK-based credit and derivatives data provider Markit is planning to create a global credit index, following its acquisitions of the International Index Company and CDS IndexCo, officials tell Inside Market Data .
Credit Suisse Ramps Up Data Capacity
Credit Suisse was able to handle record data volumes in August without system disruptions as a result of a capacity upgrade program that enabled the bank to prioritize improvements for different business lines based on their contribution to-and the…
Credit Risk to Drive Data Demand
Market data will become a "critical component" of credit risk management for dealers, hedge funds and regulators following this year's sub-prime crisis and resulting fallout, as market participants seek better ways to value credit derivatives, according…
NeoNet Adds Warsaw Stock Exchange
Clients of direct market access (DMA) agency broker and trading technology provider NeoNet will now have access to the Warsaw Stock Exchange, officials announced today, Nov. 12.
No Time for Downtime (or Sub-Prime)
Having spent the last week complaining to anyone who would listen about missing luggage and a six-hour stopover in Heathrow Airport on my way back to the US, the glitch that disrupted trading and data distribution from the London Stock Exchange last week…
Rating Agencies Face Brussels Probe
The Committee of European Securities Regulators last week outlined its timetable to review the role of rating agencies in the wake of this summer's credit crisis, responding to a request by the European Commission in September. This article from Credit…
LSE Glitch Sparks Price Confusion
A problem with the London Stock Exchange's Infolect data distribution platform that disrupted trading and data dissemination last week could prompt the market to review the way it derives end-of-day prices for exchange-traded stocks.
HSBC Cross-Asset Platform Grows Legs
HSBC is working on technology to price components of multi-leg trades and reduce "slippage" between derived or implied prices and prices at which a trade or hedge is executed, as part of a broader project to develop a cross-asset-class trading and…
MTS Revises Data Packages, Fees for '08
European bond trading platform MTS will change the way it packages and charges for data via vendors to introduce an "all-you-can-eat" model from the start of next year, officials tell Inside Market Data .