News
Danske Markets Deploys Fenics FX
LONDON-Danske Markets plans to roll out pricing and risk management software Fenics FX from inter-dealer broker GFI Group in the bank's Copenhagen, Stockholm, Helsinki, Oslo, London, Dublin, Belfast, Luxembourg and Warsaw offices, say bank officials.
HKMA: Clean Up IT Problem Reporting
HONG KONG-The recent findings of the Hong Kong Monetary Authority's (HKMA's) annual audit of authorized institutions' (AIs') IT systems reveal inadequacies in reporting, risk assessment and rectification of IT problems, according to regulatory officials…
HKEx Preps Five-Fold Capacity Increase
HONG KONG-Hong Kong Exchanges and Clearing (HKEx) will be investing heavily in a series of IT upgrades over the next six months, say exchange officials.
Oracle to Acquire BEA Systems
REDWOOD SHORES, CALIF.-In a deal valued at $8.5 billion database giant Oracle plans to acquire all outstanding shares of San Jose, Calif.-headquartered middleware vendor BEA Systems, say vendor officials.
GL Trade to Take Warsaw Link Live
PARIS-Trading software and services provider GL Trade will launch several new connectivity hubs this year, DWT has learned.
Navellier Mulls AI Data Adds to Models
Reno, NV-based portfolio manager Navellier & Associates is considering whether to incorporate company ratings data from Audit Integrity into its investment models, after using the vendor's data as an additional input to its investment process since…
NYSE Euronext to Debut Trading Algos
NEW YORK-Global exchange operator NYSE Euronext plans to release a set of vanilla trading algorithms, along with an algorithm development toolkit sometime in mid-2008 through its services and products business, NYSE TransactTools, DWT has learned.
Thomson Eyes Hosted Terminal Growth
Thomson Financial is considering making various versions of its Thomson One data products available using a Web interface rather than downloaded software, following demand for a Web-based version of its Thomson One Investment Management application.
Progress Launches Smart Order Router
BEDFORD, MASS.-Progress Software will announce today, Jan. 21, the launch of its Progress Apama Smart Order Router (SOR) Accelerator, DWT has learned.
BoA to Exit Equity Prime Brokerage
NEW YORK-As investment banks north and south of the U.S.-Canadian border are restructuring in response to the credit meltdown, Bank of America (BoA) plans to sell its equity prime brokerage business and separately, Canadian Imperial Bank of Commerce …
NYSE: Wombat to Boost SFTI Connectivity
NYSE Euronext plans to integrate feed handler and data management technology from Wombat Financial Software with the order routing and communications network of NYSE TransactTools, following the exchange's announcement last week of plans to acquire the…
NYSE Euronext's Expansion Plan
As NYSE Euronext continues its aggressive mergers and acquisition strategy ( see story, this issue ), growth seems to be the name of the game. DWT U.S. reporter Oksana Poltavets sits down with NYSE Euronext CIO Steven Rubinow to discuss the exchange's…
Commodities ECN to Launch This Year
KANSAS CITY, MO.-Institutional commodities traders will soon have a new trading venue for over-the-counter (OTC) commodity options contracts with the expected mid-year launch of the Agora-X ECN, say ECN officials.
BEA, Lab49 Offer Joint Event Processing Strategy
SAN JOSE, Calif.-Middleware provider BEA Systems and financial services technology applications developer Lab49 have teamed up to create a framework approach to utilize the BEA WebLogic Event Server, officials announced today, Jan. 14.
DataSynapse Adds Microsoft Support
NEW YORK-Application virtualization software provider DataSynapse has announced the release of the latest version of its grid computing software FabricServer 2.5 today, Jan. 14, which includes support for Microsoft application platforms, including .Net…
Credit Markets' Electronic Evolution Gathers Steam
With more firms trading fixed-income securities and derivatives electronically, and an expanding range of products making the leap to electronic trading, the market will require multi-asset transparency solutions. By Robert MacLeod, chief executive,…
Fitch Revamps Search Engine
Fitch Ratings has rolled out a revamped search engine for accessing the rating agency's archive of research reports online, officials tell Inside Market Data .
Yipes Deploys PoPs in Europe
San Francisco-based Ethernet network provider Yipes Enterprise Services has bolstered its presence in Europe with the addition of two new points of presence (PoPs) in London and Frankfurt.
Integrity's Investment Research Forecasts
Changes in the way that investors use, receive and pay for research are prompting growing numbers of commentators to express concerns about the outlook for the investment research industry, as buy-side firms focus on generating more research in-house. By…
Credit Markets Face 10-Year Itch
Recent high demand for data on the credit markets and their derivatives could face a spoiler in the form of the underlying markets following 2007's credit crunch. Steve Miller, managing director of Standard & Poor's Leveraged Commentary & Data business,…
Latency, DMA Drive Asia-Pac Exchange Evolution
Direct market access and algorithmic trading demands from overseas firms are forcing the pace of change among exchanges in Asia-Pacific. But will they be able to keep up with their Western rivals? By Richard Man, head of Radianz sales for Asia-Pacific,…