Data Management
Month in Numbers
'There would not be an instance where two different hedge fund clients were on the same hardware platform. Data lapses cannot happen, not even accidentally'
Content Is King... Isn't It?
SIA shows… sorry, SIFMA shows… are like Christmas for market data professionals. The Hilton gets lit up like a Christmas tree and festooned with all kinds of flashy goodies. You play with your new toy for a while but then lose interest when you see that…
Fitch Readies Market-Implied Ratings
Fitch Ratings is preparing to roll out a new set of credit rating indicators to complement its traditional research-based ratings by providing alternative, market-based indicators of a company's creditworthiness.
SGX Offers Proximity Hosting as New Feed Raises Interest
The Singapore Exchange (SGX) last week announced a proximity hosting service to give clients low-latency access to the exchange's data, under an agreement with network provider BT Radianz that will allow trading firms to locate high-frequency trading…
Nexa Eyes Partners for Asian Data
Nexa Technologies' Tick Data division is expanding its database of historical tick data to include quote and trade information from Asia-Pacific exchanges, with the aim of having "a meaningful group of Asian exchanges" available to customers by the end…
Where Is Grid Going?
For most of us, grid computing is a stateless network of compute nodes used to split and run complex analytic processes in parallel to reduce elapsed run times. However, for a small but growing number of market participants it is the next-generation,…
Sifting Through SIFMA
Imagine two and a half days of exhibitionism, hushed liaisons in expensive hotel suites, flashy booty to entice unsuspecting passers-by and drunken parties way into the night. But enough about my weekend; let's talk about the SIFMA Technology Management…
WestLB Outsources Data Tech to Reuters
German bank WestLB has migrated its market data infrastructure to a solution supported by Reuters, which is now hosting the bank's Reuters Market Data System (RMDS) data backbone and all datafeed connectivity at BT Radianz sites in London and Düsseldorf.
KX Speeds Up Client Queries
Tick capture database provider Kx Systems will this week roll out the latest release of its kdb+ database, with improvements to deliver greater front-end speed than previous versions.
Amex Plans Last Sale Pilot
The American Stock Exchange has proposed a one-year pilot program to allow market data vendors to disseminate last sale prices for Amex trades on a real-time basis for a flat monthly fee.
Mitsubishi Preps Tick Data for Auto Hedging
The rates trading group of Japanese securities trading firm Mitsubishi UFJ Securities International is in the process of implementing a tick capture database comprising Aleri's Streaming Platform and Sybase's Risk Analytics Platform to support the firm's…
Quant House Adds Deutsche Börse CEF
French low-latency data and trading technology vendor Quant House has begun providing Deutsche Börse's CEF feed of data from the Xetra cash and Eurex derivatives markets via its proprietary fiber-optic network, which allows the vendor to cope with peaks…
TSX Launches Low-Latency SFTI Feed
The Toronto Stock Exchange is this month installing communications lines to provide firms in the US with low-latency access to TSX market data via the Secure Financial Transaction Infrastructure (SFTI) network.
Yipes Readies LSE Ethernet Feed
The London Stock Exchange is preparing to provide US clients with low-latency Ethernet access to its Infolect datafeed, under a new agreement with US-based Ethernet network provider Yipes Enterprise Services.
Xignite, JackBe 'Mashup' Data
Web-based data vendor Xignite is integrating its data content with the Web services platform of integration provider JackBe, to allow end users in financial firms to create "mashup" data products on the fly by pulling together different components from…
Pricing Direct Adds Swaptions
Bear Stearns' Pricing Direct division has added swaptions pricing to its evaluated pricing service, and is planning more expansions to its service and international operations, depending on client demand, officials say.
PIA Launches Independent Research Service
A team of three former Dresdner Kleinwort bankers last week launched Price Information Advantage, an independent provider of technical research covering 15 spot foreign exchange currency pairs, seven interest-rate cash and futures products and six equity…
Ref. Data Glitch Halts Euronext.liffe
Trading and market data distribution on Euronext's derivatives markets ground to a halt early last Monday, June 4, because of a technical issue with its market surveillance system, forcing the exchange operator to shut down the Euronext.liffe markets for…
DME to Distribute Data via Nymex Network
The Dubai Mercantile Exchange, which began trading Friday, June 1, is using a network operated by the New York Mercantile Exchange to distribute market data to Nymex members, officials say.
DMA Gains Traction in Asia
HONG KONG—Adoption of direct market access (DMA) in Asia is being spurred on by market deregulation, bigger trade volumes and more sophisticated clients; however, current regulatory controls, wide spreads and illiquidity are some of the issues hindering…