News

Asia-Pacific Set For Message Volume Explosion

As the Japanese market recovers and exchanges increase system capacities, trading firms in the region-even those not directly concerned with low latency-must brace themselves for US-style increases in message traffic. By Sang Lee, managing partner, Aite…

Re-thinking Research

In a precarious investment environment, the hunt for alpha may force Wall Street to take a leaf out of other research areas. By Kevin E. O'Brien, president and chief executive, Revere Data

Indexes to Drive Credit Counter-Attack

With the credit crunch threatening to spark a recession, investors may turn to indexes to provide the data quality and tools required for pricing and hedging credit instruments in 2008. By Stephan Flagel, managing director, Markit

Mashing Up Wall Street

Financial firms are finding commercial uses for formerly "social" technologies as cost-effective and direct tools for collaboration and communication. By Penny Herscher, president and chief executive, FirstRain

Research's Technology Revolution

Just as technology improved the management of trade orders between the buy side and sell side, new research tools and protocols are starting to solve communication and management problems between buy-side research consumers and sell-side providers. By…

Post Credit Crunch, Investors Eye New Ratings

With credit ratings taking a battering in the wake of the sub-prime crisis, investors are seeking additional inputs and ways to better rate the ratings themselves. By Audit Integrity chief executive Jack Zwingli, and chairman and founder James Kaplan

GL Trade to Debut TASE Link

PARIS & TEL AVIV-Tel Aviv Stock Exchange (TASE) officials expect to raise their exchange's international profile by connecting to GL Trade's pan-European application service provider (ASP) platform in April, say vendor officials.

InfoReach to Adopt FIXATDL

CHICAGO-BrokerReach, a light-weight Web-based execution management system (EMS) from financial trading software vendor InfoReach, should be sporting support for FIX Algorithmic Trading Definition Language (FIXATDL) in its wizard function in the near…

Deutsche Börse Revamps Data Policy

Deutsche Börse will this year implement a new fee policy for firms that use the exchange's real-time data to generate derived values such as indexes, risk and portfolio analytics, and for use within non-display applications such as algorithmic trading…

AXE Preps Q1 Launch with BT Proximity

AXE, an Australian ECN set up jointly by the New Zealand Exchange, Citigroup, CommSec, Goldman Sachs JBWere, Macquarie Bank and Merrill Lynch in 2006 to provide competition for trading and reporting in Australian Securities Exchange-listed stocks, will…

Turquoise to Waive Data Fees at Launch

Project Turquoise, the European multilateral trading facility formed by a consortium of nine broker-dealers, plans to make its quote-and-trade data available free of charge when the platform goes live later this year.

TSE Set to Take Derivatives Engine Live

TOKYO-The Tokyo Stock Exchange (TSE) is going live on a new derivatives trading engine this Tuesday, Jan. 15, and at the same time, will launch an electronic off-auction trading market for derivatives.

CESR to Weigh Rating Agencies' Responses

The Committee of European Securities Regulators (CESR) last month published rating agencies' responses to a recent questionnaire that forms part of its probe into the role of agencies in rating structured finance securities, such as the sub-prime…

Execution Venue Competition, Post-MiFID

Despite a host of potential new European trading venues and data sources created as a result of MiFID, it may prove hard for new markets to grab share and create value. By Paul Pickup, director, Trading Technology.

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