Trading Tech
ITRS, Excelian Partner on Murex Systems Monitoring
The monitoring software provider and specialist consultancy are collaborating on real-time system performance metrics and monitoring for cross-asset trading and risk management platform Murex.
Solarflare Releases Network Server Security Solution
Solarflare, a California-based producer of 10 gigabit ethernet (10GbE) networking software and hardware, has launched a distributed, active security solution that is implemented within network servers, the prime targets of cyber security breaches.
Tass Signs Etrali for Unified Trading Communications
German institutional bond trading firm Tass Wertpapierhandelsbank GmbH (Tass) has deployed a unified trading communications solution from Etrali Trading Solutions across its trading floors in London and Hofheim, Germany.
EU-Project First Launches Social Media Sentiment Analysis Tool
An European Union-backed consortium, Project First, has launched a prototype tool for near-real-time social media sentiment analysis for financial services firms.
Plug and Play
In the course of my job, I primarily speak with technologists. That is to say, the people who actually do the implementations in firms, and who are involved in the purchase, decision making and the due diligence.
Should Kill Switches be Fully Automated?
If it were up to Dave Lauer, technology architecture consultant at Norwegian case-based reasoning specialist Verdande Technology, the surveillance of software-related trading glitches, and the subsequently activated kill switches, would be performed…
TMX Atrium Mulls Asia FX Expansion, Eyes Canada, SEFs
TMX Atrium, the network provider subsidiary of Canadian exchange group TMX, is considering expanding its current foreign exchange market coverage beyond Europe and the US to Asia, to meet growing demand from customers for FX market data and connectivity…
Infinancials Develops Broker Tool to ID Stocks with Similar Fundamentals
French fundamental data and analytics provider Infinancials has developed a new web application, called Equity Trade Advisor, that online brokers can integrate with their online trading platforms to provide active traders with investment ideas based on…
CBOE Eyes 12-Month Latency Cuts
The Chicago Board Options Exchange is in the middle of an ongoing project to reduce data and transaction latency across its trading systems to less than 100 microseconds, building on existing latency reductions achieved as a result of moving its primary…
Startup Fund Linkul Value Taps YCharts
Startup asset manager Linkul Value Management has signed up to use Chicago-based YCharts’ online fundamental data analysis platform for historical analysis and running reports to create pitch books to attract investors.
Spreadsheets Still Rule, But for How Long?
Automation is good, but comfort can sometimes prove better. Anthony questions why Excel spreadsheets are still so prevalent on the buy side, especially at new firms that can choose their own path with new, advanced data management tools.
OptionsCity Colocates in Equinix in Frankfurt
OptionsCity, a Chicago-based provider of trading solutions for futures and options, has chosen the Equinix data center campus in Frankfurt as its hub for access to German derivatives exchange Eurex.
SuperDerivatives Lays out DGX 2014 Roadmap
Over-the-counter pricing and risk management software vendor SuperDerivatives is building out content and functionality on its DGX market data terminal, following the completion of the first-phase rollout of "must-have" data and functionality components…
S&P CapIQ Expands Asia Market Connectivity
S&P Capital IQ plans to extend its low-latency network to new liquidity centers in the Asia-Pacific region over the coming months, including Korea, India and Thailand, in an effort to meet growing customer demand for real-time exchange data.
Saxo Bank Launches Social Trading Floor
Copenhagen-based Saxo Bank has launched the beta version of its new social media-style trading floor.
Equinix Readies Sixth London Datacenter
Datacenter provider Equinix plans to build a new datacenter, dubbed LD6, at its Slough datacenter campus outside central London, to meet demand for rackspace from financial services customers.
European Insurer Uniqa Taps SimCorp for Structured Products
Austrian and Central European insurance firm Uniqa Group AG, with €26 billion in assets under management, will use XpressInstruments to manage its structured products support.
Kaminski: Risk Management Investment Must Go Beyond IT
While Wall Street firms have recently thrown money into their risk management systems, that is likely a short-term trend, says Vincent Kaminski. This makes it all the more necessary for asset managers to invest in analysts and give them the ear of the…
BAML Consolidates Options Algorithms
Bank of America Merrill Lynch (BAML) has streamlined its algorithmic offerings for options trading, consolidating them into four strategies.
US Treasuries' Trading Quietly Under Transformation, Panel Says
At a TabbForum event last week, a quartet of buy-side and sell-side participants highlighted how electronic trading in treasury bonds has advanced in the past 12 months, even if they've done so with little fanfare. Both opportunities and apprehension…
Omega Securities Inc Adds CEO, ATS
Omega Securities Inc. (OSI), operator of the Toronto-based Omega ATS, installed a new CEO in November. In February it will debut a new alternative trading system (ATS). In April that new ATS will come out with a new pricing model.
Indian Regulator Plans HFT Conference
The Securities and Exchange Board of India (Sebi) has announced plans for a two-day conference next week, aimed at discussing the market risks associated with algorithmic and high-frequency trading (HFT).
Savvis to Maintain Financial Focus, Post-Name Change
Officials at network and hosting provider Savvis say the vendor remains committed to its capital markets cloud and co-location customers, after retiring the Savvis brand and changing its name to CenturyLink Technology Solutions (CTS) in a bid to…
xCelor Debuts Single-Digit Nanosecond Data Switches
Chicago-based low-latency switching and data technology vendor xCelor has begun rolling out its family of xPort Layer 1 network switches, which replicate data from feeds without performing other processing tasks, to minimize port-to-port latency to…