News
Four-Wire Finalizes Xenomorph Deployment
Startup hedge fund Four-Wire Capital has completed the integration of its analysis strategies into UK-based technology vendor Xenomorph's Timescape database, and is now using the system to support its live trading operations.
Deutsche Bank White-Labels Traderforce
PARIS-Deutsche Bank has implemented technology from thin-client trading, analytics and risk management platform vendor Traderforce to power the investment bank's Autobahn Equity multi-broker trading system, officials from both parties tell DWT .
Smart Order-Routing to Become Essential
PARIS-As liquidity in the European markets continues to fragment, implementing smart order-routing platforms will be essential for sell-side firms to succeed in the new environment, say industry insiders.
Bursa Malaysia to Expand DMA to Cash
Kuala Lumpur-Operators of the Bursa Malaysia plan to offer the exchange's members and members' clients direct market access (DMA) to Bursa Malaysia's cash equities market, DWT has learned.
LaCrosse Grows Valuations with CMA Data
LaCrosse Global Fund Services, a New York-based provider of fund administration and operations services to hedge funds, is looking to migrate its global client base to daily credit derivative valuations from credit data provider CMA's DataVision service.
CQG Applies TradeFlow Bars to Time Increments
Denver, Colo.-based charting software provider CQG last week rolled out an upgraded version of its futures analytics platform, featuring an expansion of the vendor's TradeFlow charting to time-based price bars.
Audit Integrity Unveils Underlying Data
Audit Integrity, a Los Angeles-based provider of corporate integrity ratings, is making its underlying database of company information and analytics available to end-users to run their own calculations.
Infront Preps Display Upgrades
Oslo-based market data and trading technology vendor Infront is readying the latest version of its Online Trader product for general release this summer, which will include a number of new features intended to make the platform more user-friendly.
MiFID Data Volumes Face Budget Pressure
Financial institutions are facing the challenge of having to process a deluge of market data within the constraints of limited budgets, as new markets come online later this year, according to panelists at an event organized by MiFID-inspired think tank…
SuperD Names Senior Sales Execs
SuperDerivatives has appointed two new senior sales executives, completing the revamp of its sales operations that began with the hire of former Bloomberg exec Russel Levi as senior vice president of sales and support earlier this year ( IMD , Jan. 28).
Quartet Updates ActivePivot
LONDON-Service orientated architecture (SOA) software provider Quartet Financial Systems plans to release the newest version of its ActivePivot product in the summer, DWT has learned.
CQG Adds Order Routing Types in Software Upgrade
DENVER - Denver-based futures charting and trading software provider CQG has added new "Smart Order" types as options to the latest release of its software platform.
TSX to Make Quantum Leap in June
TSX Group, operator of the Toronto Stock Exchange (TSX), plans to trade solely on its new platform Quantum by early June, officials tell DWT .
Fortis Centralizes Global Data Management
Belgian banking group Fortis has begun a global market data management project to enable the bank to manage data usage via a competence center in Brussels by the end of this year, officials say.
Saxo Bank to Launch WebTrader 2.0
COPENHAGEN-Danish online foreign exchange (FX) trading firm Saxo Bank plans to introduce version 2.0 of its Web-based platform, Saxo WebTrader, which provides mobile clients with instant access to the global markets, at the end of the second quarter,…
Thomson, Reuters Merge; Name 'Wenig -3'
New Thomson-Reuters chief executive Tom Glocer set out his priorities for the merged business-a "flawless" integration, globalization, and a whole that is greater than the sum of its parts-following Thomson Corp.'s purchase of Reuters, which closed last…
Liquidnet Targets Europe, Asia
NEW YORK-Once it gains enough critical liquidity in its European and Asian markets, New York-headquartered crossing network provider Liquidnet plans to expand its product offerings in those areas, DWT has learned.
Nasdaq Preps UTP Rise
Nasdaq will make significant bandwidth upgrades to the consolidated UTP Quotation Data Feed and UTP Trade Data Feed of activity in Nasdaq-listed securities early in the second half of this year, in response to requirements by the UTP Operating Committee…
Report: IT Budgets to Rise in Japan
TOKYO-IT spending in Japan's securities industry is expected to increase in 2008, though the growth rate will be conservative compared to previous years, according to research from Boston-based consulting firm Celent.
Panel: European Market Will Consolidate
LONDON-Despite the growing number of new entrants in the post-Markets in Financial Instruments Directive (Mifid) landscape, in two or three years the European market will consolidate, according to industry observers.