News
Reuters Sweeps Post-Merger Management Roles
NEW YORK-Officials at Thomson Financial and Reuters have named the second tier of executives that will take up management positions within the recently re-branded Thomson Reuters Markets business following the merger of Thomson and Reuters, with Reuters…
ISE to Phase Out OMX
NEW YORK-The International Securities Exchange (ISE) plans to move from its current OMX Click platform to an options trading system to be developed internally, in conjunction with Eurex, exchange officials say.
OMX Plans 2009 Genium Debut
STOCKHOLM-OMX, technology provider and the operator of the Nordic Exchange, expects to deploy its next-generation trading platform, Genium, during the second quarter of 2009, OMX officials tell DWT .
Saxo Plans Easy Integration
COPENHAGEN-Danish foreign exchange (FX) firm Saxo Bank expects a relatively simple integration with Switzerland-based Synthesis Bank, which Saxo recently acquired.
Munder Reviews Data, Rolls Out Thomson
Birmingham, MI-based asset manager Munder Capital Management is in the final stages of migrating analysts and portfolio managers off products from FactSet Research Systems to replacements from Thomson Financial, as part of a broader project to cut data…
Arca Latencies Prompt Multicast Ramp-up
The NYSE-Arca division of the New York Stock Exchange last week rolled out an upgrade to the multicast version of its ArcaBook datafeed to encourage firms still using its legacy unicast feed to migrate to the new version.
Reuters Sweeps Post-Merger Management
Thomson Financial and Reuters have named the second tier of management positions in their combined financial data and news business, to take effect following the merger of Thomson Corp. and Reuters, with Reuters staff securing most key positions.
Exchange Alliances Set to Grow
KINGSTON, JAMAICA-Traders on the Jamaica Stock Exchange (JSE), Barbados Stock Exchange (BSE) as well as the Trinidad and Tobago Stock Exchange (TTSE) soon will have direct market access (DMA) to each venue via a new exchange alliance set to go live in…
Exchange Axis Preps Smart Routing ASP
LONDON-Industry startup Exchange Axis plans to provide hosted smart order routing for firms looking to aggregate data from and intelligently route orders to multiple trading venues, DWT has learned.
Trading Metrics Unveils Latency Analysis Tool
New York-based software vendor Trading Metrics will this week unveil a new product, Market Latency Metrics, for monitoring latency of market data systems and traffic.
Tunis Exchange Cuts Latency with Upgrade
TUNIS-The Tunis Stock Exchange will announce today, Feb. 4, that it has implemented the latest version of Nouveau Système de Cotation (NSC) electronic trading platform, dubbed NSC V900, from Atos Euronext Market Solutions (AEMS) for equities, DWT has…
Moody's Buys BQuotes as Rating Agencies Grow Securities Pricing
In response to growing demand from user firms for transparent pricing information, ratings agencies are expanding their securities pricing services and dedicating more resources to those services.
After Delays, Reuters Preps Chi-X Direct Feed
Reuters is adding a direct feed from pan-European multilateral trading facility (MTF) Chi-X to its Reuters Data Feed Direct service, in response to client demand for broader direct feed coverage, officials say.
Fitch Adds Commentaries to Implied Ratings
Fitch Ratings has added weekly commentaries to its market-implied ratings on credit default swaps and equities, highlighting key information within the ratings, officials tell Inside Market Data .
MarketAxess Expands Caplin Deal for Price Distribution
MarketAxess has expanded its use of technology from UK-based trading technology vendor Caplin Systems for distribution of real-time prices on emerging market bonds from dealers via the EM Actives segment of MarketAxess' trading platform.
FTSE Launches Shariah Indexes
FTSE launched last week a series of Shariah-compliant indexes to meet growing demand for Islamic structured products from investors outside of Islamic countries in Asia.
Saxo, JPMorgan Ink Prime Broker Accord
NEW YORK-Saxo Bank has recently signed a deal with JPMorgan to act as its prime broker to connect to Reuters Prime Brokerage for Matching-which provides anonymous direct market access, (DMA) via a prime broker, to the wholesale matching community-bank…