Data Management
Tokyo Raises Message Capacity
The Tokyo Stock Exchange increased the capacity of its market data system by 10 percent last Monday, Nov. 26, from 30,000 to 33,000 messages per minute, ahead of a more comprehensive systems overhaul set to take place in the next two years.
CBOE to Limit Member Quoting
The Chicago Board Options Exchange will this week introduce a system to ensure compliance with the exchange's rules governing the appointments of market makers by preventing members from quoting excessively in CBOE-listed option classes.
Polishing Turquoise
Now that the E.U.'s Markets in Financial Instruments Directive (Mifid) has taken effect, the European market will start to witness a number of multilateral trading facilities (MTFs) go into production over the next several months.
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.