News
New UK client and recruits for growing Advent Software
Raymond James Investment Services (RJIS), a UK-based private client investment management firm, has installed two Advent Software platforms to enhance its operational efficiency. Advent Portfolio Exchange will support portfolio management and client…
Savvis Offers Direct Amex Feed
Network and hosting provider Savvis has rolled out a low-latency Ethernet connectivity service to access exchange market data and has incorporated the depth-of-book feed from Amex into the offering.
Eurex Readies New Market Data Feed
German derivatives exchange Eurex plans to roll out a new market data feed as part of the latest upgrade to its trading system, say company officials. Version 10.0 of the Eurex trading system, which is due for release on November 26, will include a new…
Fidessa Adds Data From Emerging Europe
UK trading systems and market data vendor Fidessa is expanding the range of Eastern European market data carried over its products to include markets in Slovakia, Slovenia, Ukraine, Cyprus and Romania, to meet increasing demand for connectivity into the…
CME Details CBOT Data Developments to Users
The Chicago Mercantile Exchange will this month round up a series of forums to explain the implications of its merger with the Chicago Board of Trade to customers, and will make available test code for connecting to the combined market that—among other…
Options Exchanges Squeeze Data Traffic
US options exchanges are moving forward with plans to refine their quote mitigation plans and in some instances to make the strategies a permanent addition to their markets, following the Securities and Exchange Commission's expansion of the options…
ICE Waives Web Data Fees
The Atlanta-based IntercontinentalExchange has waived fees for displaying its futures data on public Web sites for the remainder of this year and next. The fee holiday applies to delayed data on key benchmark contracts traded on the exchange.
LSE Preps Low-Latency 'Channels' Launch
The London Stock Exchange will launch its low-latency Performance Channels data distribution architecture in the first quarter of 2008, requiring customers of the service to upgrade their circuits from 10 megabits per second (Mbps) to 100 Mbps. Those…
OTC Val Opens for Business
Pricing and risk specialist OTC Valuations officially opened for business last week, offering valuations for illiquid over-the-counter derivatives and structured products. The company—founded by three Canadian financial industry and technology…
Banks Scuttle Yellow Submarine
Project Yellow Submarine, a consortium of four continental European banks, has halted the process of selecting a vendor partner following a lack of management support at the banks pursuing the initiative, according to sources familiar with the situation.
HKEx Migrates to MDF, Preps Closing Auction
Hong Kong Exchanges and Clearing provided an update on a number of market data initiatives at its H1 earnings presentation last week, including plans to integrate news and regulatory announcements into its Market Data Feed, discontinue support for its…