Emerging Technologies
Kingsbury, Dore, Reichgut
Position Keeping
Practice Makes Perfect
Ten years after the creation of the Securities Market Practice Group (SMPG) data specialist Karla McKenna talks to Carla Mangado about the group's ongoing efforts to facilitate market practice industry-wide and the key achievements of the corporate…
Fortunato to Build Data Biz at BondDesk
Former Tradeweb director of market data Ben Fortunato, who recently joined bond trading platform BondDesk as managing director and chief operating officer of the broker's TIPS and TechHackers calculation and trading software subsidiaries, says his remit…
StreamBase Takes Plunge Into Dark Pools
Complex event processing technology vendor StreamBase is targeting a new client base in the form of dark pool trading venues, to help their founders address complex datafeed integration and trading strategy development needs, officials say.
Hillier-Brook Forms BHW Systems
Market data industry veteran Ian Hillier-Brook has formed a new company, dubbed BHW Systems, which will re-sell the Smart TS XL software analytics toolkit from Dallas, TX-based vendor IN-COM Data Systems to potential clients in Europe.
'Too Early' to Assess IT Impact After UBS Split
ZURICH-The future of UBS' IT infrastructure is unclear after officials from the Swiss banking giant announced plans to separate the investment banking and wealth management units, following a CHF358 million ($329.2 million) second quarter net loss.
Monitor110 Auctions Assets Post-Closure
A mystery data vendor has bought some of the assets of Monitor110, a New York-based provider of technology for firms to monitor information on the Web in real time and correlate that information against investments, which closed down last month after…
Marketcetera Integrates Activ Data
Open-source trading system provider Marketcetera and low-latency data vendor Activ Financial will this week announce a deal to integrate their technologies, so that Marketcetera clients can immediately deploy Marketcetera against Activ datafeeds, while…
Newedge Consolidates U.S. Operations
NEW YORK-Multi-asset brokerage Newedge plans to complete the integration of all of its operations in the U.S. into one entity, dubbed Newedge USA, by Sept. 1, DWT has learned.
SunGard Readies GL Buyout
Financial technology giant SunGard last week announced plans to acquire French data and trading technology vendor GL Trade, in a deal that would value GL at just over €400 million.