News
Blue System Integrates Interactive Data
Blue System Inc., a London-based provider of direct market access trading, charting and analytics systems, will this month incorporate data from Interactive Data Real-Time Services into its trading systems after signing a distribution agreement with the…
QuoteMedia Looks Beyond Retail with Quotestream II
QuoteMedia, a provider of market data, news and charts primarily to retail banking and investment groups, is completing the rollout of new exchange data and capabilities to the latest version of its Quotestream product, which the vendor hopes will allow…
Fixnetix to Offer Wombat-Enabled Eurex Feed
UK-based low-latency data vendor Fixnetix is rolling out a version of Eurex's CEF Ultra feed via its iX Direct hosted feed delivery service, tailored for use in client installations of Wombat Financial Software's data platform.
Users Endorse News Algos
Although end-user firms have thus far been playing their cards close to their chests on the subject of algorithmic news feeds, this sector is attracting significant interest, according to the results of last week's Inside Market Data awards.
Credit Suisse Lightens Data Load
NEW YORK—Global investment bank Credit Suisse is moving applications that consume and distribute data onto a publish-and-subscribe messaging environment as part of a drive to optimize data distribution and improve system up-time, say bank officials.
Panel: Automated OTC Derivatives Processing Grows
LONDON—The financial services industry has seen a dramatic improvement in automating the processing of over-the-counter (OTC) derivatives, according to a poll taken last week during a panel at the DWT 2007 conference and exhibition in London.
Grid Adoption Gains Traction, Say Experts
LONDON—Global top-tier banks are not the only firms interested in grid computing, according to a panel discussion on the topic held at last week's DWT 2007 conference in London.
BarCap Expands FX Algo Trading
LONDON—Barclays Capital (BarCap), the investment banking division of Barclays Bank, has launched PowerFill Orders, which provides a wider range of foreign exchange (FX) trading capabilities on the investment bank's multi-asset e-commerce platform,…
StanChart Launches Straight2Bank
HONG KONG—Standard Charted announced late last week the launch of its Straight2Bank e-banking platform for cash, trade, foreign exchange and securities servicing, bank officials tell DWT .
Eurex, ISE to Keep Separate Platforms
NEW YORK—Eurex and the International Securities Exchange (ISE) announced last week that they have signed a definitive agreement under which Eurex will acquire ISE for approximately $2.8 billion in cash, but there are no plans to consolidate their…
Mifid Morphs Trade Cost Analysis, Says Industry
LONDON—The days of post-trade transaction cost analysis (TCA) is quickly being supplanted by institutional investors' desire for real-time pre-trade analytics, say industry insiders.
Panel: 'Direct Market Access Is Dead'
LONDON—Direct market access (DMA) execution will be going the way of the dodo bird in the face of Regulation NMS in the U.S. and the E.U.'s Markets in Financial Instruments Directive (Mifid), which will further facture market liquidity, say industry…
Generating Reporting Magic
Founded in May 2004, prime broker Merlin Securities has carved out a clientele with its report offerings. DWT editor Rob Daly sat down with Merlin Securities CTO Amr Mohamed to discuss how the 45-person firm's technology offering makes the difference in…
Plus Markets to Upgrade Trading Technology
LONDON—Plus Markets Group is to embark on a £6.7 million ($13.3 million) upgrade to its trading technology involving Swedish exchange operator and technology provider OMX, Plus Markets officials say.
Pinpointing Securities
The problem of accurately identifying securities is leading to a large number of failed transactions, estimated to cost the market millions of dollars annually. While the retail industry introduced a global standard years ago, the financial services…
Transaction Reporting Requirements: One Single Europe?
The reporting requirements issued by local regulators in relation to Europe's Markets in Financial Instruments Directive (MiFID) look set to introduce confusion, with historic and cultural heritage shaping different countries' requirements. One regulator…