Trading Tech
Introducing Brokers Ramp Up Application Spending
BOSTON-U.S. introducing brokerage firms are poised to increase spending on business applications this year, while clearing firms will compete to get more of that spending, according to the authors of a recent white paper from industry research firm Aite…
Options IT Lights Pipe in Interxion
Infrastructure-as-a-service vendor Options IT has expanded its Options Pipe direct feed and infrastructure management suite to hosting provider Interxion's London Financial Hub, to provide proximity to market data from major local markets.
StreamBase Opens Developers Sandbox
NEW YORK-Complex event processing (CEP) platform provider StreamBase Systems has built an online service that will allow financial industry IT developers to download and share reusable components in a global community, vendor officials announced today,…
Options IT Expands London Footprint
LONDON-Infrastructure-as-a-service (IaaS) provider Options IT has rounded out its connectivity offering for firms seeking to trade in the London-based markets with the deployment of its Options Pipe infrastructure in datacenter host Interxion's City of…
Beta-Gamma Debuts FX Algo Offering
LONDON-Foreign exchange (FX) tools provider Beta-Gamma Research has launched Trigger Trader, an algorithmic trading product aimed at lower- and mid-tier banks, vendor officials announced today, Feb. 15.
Tying Down the Cloud
Maybe it's me, but in all the discussion around the adoption of cloud computing, one topic has seemed to escape comment: How does cloud computing reconcile itself with the physical requirements of the trading world?
Making That Special Connection
Valentine's Day: a time for hopeless romantics, confessions of love, overpriced meals, and for separate parties to come together as part of a greater unity. No wonder, then, that CME Group and Dow Jones Indexes should choose last week to marry their…
Microsoft to Debut CEP in SQL
Microsoft plans to roll out its complex event processing platform, StreamInsight, as part of the next release of its SQL Server line in the second quarter.
Cloud Computing Must Overcome Cost, Security Concerns
LONDON-The twin issues of cost and security have major global banks wary of adopting cloud computing on a massive scale, according to industry participants who spoke during a recent cloud computing conference held in London.
MarketAxess to Integrate CTT, RFQs
NEW YORK-Electronic fixed-income trading venue provider MarketAxess plans to integrate its click-to-trade (CTT) capability with its request-for-quote (RFQ) capabilities for its European market, vendor officials tell DWT .
TT Targets Proximity-Based Trading Strategies
NEW YORK-Multi-asset trading technology provider Trading Technologies International (TT) expects to add proximity-based strategies to a yet-named new product in its Strategy Engine (SE) product line.
Thomson Reuters Steps into DMA with Aegisoft Buy
NEW YORK-Thomson Reuters has filled out its trading platform portfolio with the recent acquisition of execution management system (EMS) provider Aegisoft.
Bond MTF Vega-Chi Set to Go Live
LONDON-European convertible bond traders will have a new source of liquidity as the Vega-Chi multilateral trading facility (MTF) commences trading on Feb. 17, according to MTF officials.
Pragma Establishes Crossing ATS
NEW YORK-Quantitative trading services provider Pragma Securities recently launched Onecross, a multi-benchmark alternative trading system (ATS) and dark crossing network that allows traders to pair off on market-on-open and market-on-close orders,…
Microsoft SQL Server to Gain Native CEP
NEW YORK-Software giant Microsoft expects to include its complex-event processing (CEP) platform as a standard feature in the next release of its Microsoft SQL Server line, due out before the end of the second quarter, DWT has learned.
Natural affinity
For fund managers seeking high-frequency trading capabilities, the standard build-versus-buy proposition is no longer wholly pertinent – and for good reason. The advent of complex event processing technology has provided a third viable option. By Stewart…
Atrium, Chi-X Prep Canada Exchange Ring
Alternative trading system Chi-X Canada and network service provider Atrium Network are finalizing a low-latency one-Gigabit network that will offer connectivity to the five main displayed liquidity venues for trading Canadian equities.
Colt Enters PaaS, IaaS Provider Space
PALO ALTO, CALIF.-European telecom provider Colt plans to offer financial services and other clients the ability to deploy and manage enterprise applications across physical, virtual and compute cloud infrastructures, vendor officials announced today,…
CEP Gets Owned
They say that one man's misfortune is another's opportunity. And industry participants and observers gave Sybase's acquisition of complex event processing software vendor Aleri's assets last week a warm response, saying that whatever misfortune prompted…
Telekurs to Bundle Mobile iD
SIX Telekurs will include free access to its mobile data application for most user packages in version 8.3 of its Telekurs iD desktop data display, which is scheduled for release in the coming months ( IMD , Nov. 23, 2009).
Nordic, Baltic Exchanges Make Switch to Inet
STOCKHOLM-Global exchange operator Nasdaq OMX has started running the Nordic and Baltic markets on its Inet matching engine beginning today, Feb. 8, in order to lower cost "substantially" and to woo more high-frequency traders to the Nordic region,…
Calypso Makes Regulatory Update to Workstation
SAN FRANCISCO-Calypso recently released an upgraded version of its front-office system, Calypso Workstation, version 11.1, to account for U.K. Financial Services Authority (FSA) liquidity regulations that took effect in December 2009.
Saying Goodbye to Co-Location?
Ever since the U.S. Securities and Exchange Commission (SEC) announced that it would be investigating whether or not server co-location gives a small set of traders an unfair advantage, I have been mulling over ideas on how the regulator could enforce a…