Trading Tech
African Exchange Links Could Draw Investment, Liquidity
The alliances that stock exchanges strike between themselves often turn out to be game-changers for a region’s economy. Marina Daras looks at regional initiatives to link up exchanges in one of the fastest evolving regions of the world—Africa.
Arista to Improve Performance of S&P Cap IQ DMA Service
Arista Networks, the Santa Clara, California, cloud networking provider, will provide S&P Capital IQ Real-Time Solutions’ clients with advanced data transfer speeds and improved performance via the firm’s QuantLINK offering.
UBS and NRI Make Offering to Japanese BDs
UBS has paired with Tokyo-based systems provider Nomura Research Institute (NRI) to offer middle- and back-office solutions for Japanese broker-dealers seeking to expand across the Asia-Pacific region.
MarketAxess Gains Temporary SEF Status
Electronic trading platform operator MarketAxess has received temporary approval from the US Commodity Futures Trading Commission (CFTC) to operate as a Swap Execution Facility (SEF).
Misys Unveils Global Back Office System
London-based financial software vendor Misys has launched its new Global Back Office system today at the Sibos 2013 event in Dubai.
S&P CapIQ Taps Arista to Speed Data
S&P Capital IQ Real-Time Solutions (formerly French low-latency data vendor QuantHouse, which S&P acquired last year) is leveraging switch technology vendor Arista Networks' EOS (Extensible Operating System) to improve the performance of its QuantLink…
Omgeo Completes Oasys-to-CTM Client Migration Amid Growth
Global vendor Omgeo has announced that it has completed the migration of clients from its legacy Oasys platform to Omgeo Central Trade Manager (CTM), as it also touted the addition of 220 investment and broker-dealer clients in 2013 to date.
Pico, SpryWare Ally on Latency Offerings
Chicago-based ticker plant and feed handler provider SpryWare has struck a deal with New York-based agency broker and infrastructure provider Pico Trading to offer Pico’s clients access to the vendor’s feed handlers, and in return gain access to Pico’s…
Getting Set for Conference Season
This morning, I'm writing this column from my hotel room in Dubai, where the weather has already hit a cool 86 degrees at 6am.
Morningstar Expands Commodities Pricing, News; Adds Commentary, Context to Quant Ratings
Chicago-based data and investment research provider Morningstar has added new content to the products of its Morningstar Commodity Data business—the former Logical Information Machines, prior to its 2009 purchase by Morningstar—which aggregates market…
NYSE Tech and Koscom to Cross-Connect Trading
NYSE Technologies, the commercial technology division of NYSE Euronext, have signed a Global Trading Hub Connectivity Agreement with Koscom, the technology firm created by the Korean Ministry of Finance and Korea Exchange, as a follow-up to their 2012…
CFTC Casts Wide Net on Futures HFT Curbs—Will the Catch Prove Deadly?
Statements of concurrence from Commodity Futures Trading Commission (CFTC) commissioners Scott O'Malia and Bart Chilton, and support from chairman Gary Gensler, quickly followed the CFTC's concept release on proposals to reduce systemic risk by curbing…
SEC Calls for Kill Switches Post-Nasdaq Outage
US Securities and Exchange Commission (SEC) chair Mary Jo White met with top industry executives today following the technology glitch on August 22 that saw the trading of Nasdaq-listed securities halted for three hours.
Aquis Exchange Connects to Savvis
Savvis, a Missouri-based cloud infrastructure and hosting specialist, will expand connectivity to Aquis Exchange, the proposed pan-European equities trading exchange and software developer, via Savvis Markets Infrastructure. The connection will provide…
BAML Debuts FX Prime Brokerage Platform
Bank of America Merrill Lynch (BAML) has announced that its new foreign exchange (FX) prime brokerage platform has launched on BAML Mercury.
Panel: Latency Monitoring More Important than Low Latency
Whereas 10 years ago, low latency was the preserve of a select few firms whose sole focus was chasing zero, the commoditization and ubiquity of low-latency technologies has made raw speed more of a necessity to keep pace with the rest of the market, and…
IMD Chicago: Firms Outsource Infrastructure to Address Data Storage, Regulation
End-user firms are increasingly turning to outsourcing to deal with the storage challenges associated with big datasets caused by rising data volumes and the ongoing raft of new regulatory initiatives requiring more intensive data collection, according…
The Case for Business Process Outsourcing
As security improves and cost pressures mount, more and more firms are getting comfortable with business process outsourcing (BPO).
Selerity Eyes Hires as Event Trading Renaissance Drives Demand
Selerity, a New York-based provider of low-latency unstructured events data, is preparing to expand its sales and analyst team in response to growing demand for its Selerity Alerts product.
Apcon Releases Sub-10ns Timestamping Blade Switch
Portland, Oregon-based network monitoring switch technology provider Apcon has released a new aggregator blade, dubbed the Intellaflex Timestamping and Packet Slicing Blade, which will enable financial institutions to timestamp message packets with sub…
Panel: Firms Must Master "Dark Art" of Data Analytics to Gain Competitive Advantage
The faster a trading firm can analyze datasets that are growing in both size and complexity to extract meaningful "data about the data," the greater competitive advantage they will have, said participants on a panel discussing how analytics can be…
Nino Options Takes TBricks
Nino Options has selected Tbricks for its market-making software, covering options on German and Dutch equities and indices.
Royal London Asset Management Hits the Cloud Running
Rapid cloud adoption is almost unheard of in the asset management industry, which has traditionally held a conservative view of the technology. When it needed a swift replacement of its core performance engine, however, Royal London Asset Management …