Emerging Technologies
Heartbleed Bug Demonstrates Challenges Around Cyber Security
Earlier this week, a major hole in the OpenSSL open-source cryptography library was reported. The bug, dubbed Heartbleed, may affect 66 percent of the SSL servers on the Internet, according Internet research firm Netcraft.
TradeTech Paris: Mind the Gap
The annual TradeTech event taking place in Paris has triggered a lot of debate, ranging from the legitimacy of high-frequency trading (HFT) practices, to the need for accurate and reliable Transaction-Cost Analysis (TCA) tools and the future of dark-pool…
Rimes Promotes Larzillière to President, France
Benchmark and economic data provider Rimes Technologies has appointed Renaud Larzillière the new president of its Paris office.
Vendors Reject "Unworkable" Euribor Data Policy
Market data vendors have expressed dissatisfaction with international interest rate-setting association Euribor-EBF's (European Banking Federation) new commercial model--which introduces fees for real-time Euribor rates for the first time, and…
cPacket Enlists Newgen in Australasia
Mountain View, Calif.-based network monitoring technology provider cPacket Networks has appointed network and IT monitoring and consulting company Newgen Systems as its integration partner in Australia and New Zealand.
Sussman Jumps to Liquidnet, Ready to Enter HFT Debate
Liquidnet has announced that Adam Sussman will join as its head of market structure and liquidity partnerships.
Wall Street Network Solutions Gets Another IXnet Vet
Low-latency network provider Wall Street Network Solutions has hired John Faccibene as senior vice president of enterprise solutions to support the vendor's global expansion, officials say.
Industry Needs Targeted Risk Controls for Better Surveillance
Murray Pozmanter of the Depository Trust & Clearing Corp. (DTCC) discusses how the industry is trying to roll out integrated circuit breakers and more nuanced surveillance tools to better oversee today's marketplace.
Infrastructure Provider Adapt Appoints CCO, Sales and Marketing Director
UK-based managed infrastructure and co-location services provider Adapt has appointed Tom Needs as chief commercial officer and Scotty Morgan as sales and marketing director.
FTSE TMX JV Buys MTS Indexes
FTSE TMX Global Debt Capital Markets--a joint venture between FTSE Group and TMX Datalinx, the information services division of Canadian exchange TMX Group--has bought the indexes business of MTS, the London Stock Exchange-majority owned electronic fixed…
Direct FX Taps First Derivatives to Deliver FX Rates, Trading to CQG Clients
Australian foreign exchange broker Direct FX is rolling out Newry, Northern Ireland-based software and consulting services First Derivatives' Delta Flow product to provide FX rates and order management capabilities to clients of US market data and…
Can Alternative Providers Disrupt Index Inertia?
Though there are almost a hundred mainstream index providers in the industry today, the market remains dominated by a small and elite group of providers—MSCI, S&P Dow Jones Indices, Russell Indexes and FTSE Group. With the industry clamoring for change…
HFT as Seen Through an Op Risk Lens
At an operational risk conference, US Bancorp's head of quantitative analytics explained how the Flash Crash and HFT should be viewed through an operational risk lens.
Pico Buys SpryWare for Data Tools; Preps Integration, International Expansion
New York-based agency broker and trading infrastructure provider Pico Quantitative Trading has acquired Chicago-based ticker plant, feed handler and historical data store vendor SpryWare, in a move to strengthen its data technology assets and expand its…
Emerging Markets News, Data Vendors BNE, EMD to Merge
BNE, a provider of English-language business, economics and political news and analysis covering central, eastern and southeast Europe and former Soviet Union countries, is to merge with central and eastern Europe, the Middle East and Africa news and…
What Do You Mean, Rigged?
The book "Flash Boys" has proven to be something of a tipping point against high-frequency traders. But are the markets really rigged against the retail investor?
Anthony Malakian: HTML5's Open Access
While HTML5 development still has its limitations, Anthony says that now is the time to make the switch and figure out ways to create hybrid strategies using HTML5 and native development.
April 2014: When It Comes to IBOR, a Stitch in Time ...
IBOR adoption is ramping up on the buy side, but some firms have not made their move, which Victor says could cost them in the long run.
ANZ Loses CIO Weatherston
The Australia and New Zealand Banking Group (ANZ) has announced that its CIO, Anne Weatherston, has stepped down with immediate effect.
MarketPrizm Taps BT Vet Man for Asia Sales
Veteran data and financial network executive Richard Man joined Colt-owned trading and data infrastructure provider MarketPrizm in March as head of sales for the Asia-Pacific region.
Polaris Buys Majority Stake in The Roberts Group
Waltham, Mass.-based venture capital firm Polaris Partners has acquired a controlling stake in market data inventory software provider The Roberts Group (TRG) to enable the company to reduce the lead time for new services and products as well as expand…
HFT as Seen Through an Op Risk Lens
At an operational risk conference, US Bancorp's head of quantitative analytics explained how the Flash Crash and HFT should be viewed through an operational risk lens.
Bloomberg Buys UBS Aussie Bond Indexes
After 25 years of calculating a family of Australian bond indexes, Swiss investment bank UBS has sold the indexes─including the benchmark UBS Composite Bond Index─to data giant Bloomberg.