News
LSE, ICMA Gain ARM Status
LONDON-The exchange reporting service (ERS) of the London Stock Exchange (LSE) and the Trax2 system of ICMA Limited-the market services division of the International Capital Market Association (ICMA)-are now Approved Reporting Mechanisms (ARMs), say…
CBOT Suffers Second Trading Snag
CHICAGO-Open-outcry traders on the Chicago Board of Trade grain markets were forced to enter their orders manually as the exchange's electronic order routing network went down last week, say exchange officials.
Central Africa to Gain New Exchange
LIBREVILLE, GABON-A new multi-nation Central African regional exchange is set to go live in the middle of next year, DWT has learned .
LSE, Borsa Italiana Complete Merger
LONDON & MILAN-Officials from the London Stock Exchange (LSE) and Borsa Italiana announced last week their organizations completed their merger.
Nasdaq Seeks Second Protected Quote
NEW YORK-The Nasdaq Stock Market plans to establish a second protected quote from the assets it is set to purchase from the Boston Stock Exchange (BSE), according to Nasdaq officials, who spoke during an analyst call last week.
Thai Bourse Upgrades Matching Engine
HONG KONG-The Stock Exchange of Thailand (SET) is investing $1.5 million to move to a new trading engine by the beginning of next year and upgrade network connectivity in 2009. The changes are part of SET's latest IT plan, dubbed the "Next Generation…
Data Key to Nasdaq's Boston Buy
Nasdaq officials say the exchange will leverage quote data and symbology assets acquired via its $61 million purchase of the Boston Stock Exchange last week to increase data revenues and attract new listings.
Saxo Taps Aegis for Exchange Simulation
COPENHAGEN-Online foreign exchange (FX) trading firm Saxo Bank has selected Aegis Software's product to replace its legacy FIX and exchange-specific messaging protocol connectivity testing system, bank officials tell DWT .
CAPIS Deploys Pivot for Trading, Research
Dallas-based agency broker and research provider Capital Institutional Services is deploying technology from trade messaging and collaboration infrastructure provider Pivot, to automate trade order messages and for distribution of investment research.
CME Rolls Out FIX FAST For Data
The Chicago Mercantile Exchange has begun using a FIX FAST (FIX Adapted for Streaming data) format in live production for distributing market data at lower latency and reduced bandwidth consumption, officials say.
Aleri Partners, Appoints Tech Gurus
Chicago-based event processing software vendor Aleri has struck a deal with low-latency data provider Fixnetix to offer clients hosted access to the vendor's analytical capabilities, and has hired data industry veteran Ian Hillier-Brook to pursue further…
Capis to Distribute Research Via Pivot
DALLAS-Agency brokerage Capital Institutional Services (Capis) announced today, Oct. 1, that it will start distributing independent research via AOL Instant Messenger (AIM) connections using the Pivot 360 platform from Pivot.