Trading Tech
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…
LSE Sets Roadmap for Millennium Exchange
LONDON-LSE Group, operator of the London Stock Exchange (LSE), has prepared the migration roadmap for its new Millennium Exchange platform, which is slated to go live Sept. 13, according to a document obtained by DWT .
Zircon Computing Improves Load Balancing
NEW YORK-To improve the performance of its grid-enabling middleware, dubbed Zircon Software Product Suite, Zircon Computing has included a separate service pool for the platform's internal load balancer in version 3.1, which was made generally available…
Caplin Trader Update Courts High-Frequency Traders
LONDON-In order to keep up with the demands of high-frequency traders, Caplin Systems has rolled out a new directory structure that supports multiple parallel development streams for version 2.0 of its Caplin Trader Web client framework for its Caplin…
ICE Plans ICE Clear Europe Migration
ATLANTA-IntercontinentalExchange (ICE), operator of European clearinghouse ICE Clear Europe, expects to complete the clearinghouse's migration to completely internally developed technology by the beginning of next year, exchange officials tell DWT .
Banco Fator Deploys Low-Latency Architecture
São Paulo-Brazilian bank and brokerage Banco Fator Corretora has adopted the Progress Apama Algorithmic Trading Accelerator and Event Modeler systems from complex event processing (CEP) platform provider Progress Software in order to provide the broker's…
Exegy, Options IT Partner for Hosted Ticker Plant
St. Louis, Mo.-based hardware ticker plant provider Exegy is making its ticker plant available via infrastructure-as-a-service provider Options IT's Options Pipe direct feed and infrastructure management suite, creating a fully hosted ticker plant…
BGC Taps Xignite for On-Demand Data
Interdealer broker BGC Partners will this week roll out an on-demand data service for its market data, using white-labeled technology from Web services data provider Xignite.
Atrium Adds Two Toronto PoPs
TORONTO-Global connectivity provider Atrium Network has expanded connectivity to the Canadian market with two new points of presence (PoPs) at 100 Wellington Street and 151 Front Street in Toronto's financial district, Atrium Network officials announced…
Data Veterans Engage Industry Leaders To Create a Central Counterparty for Data Management
NEW YORK - US-based data specialists are engaging C-level executives at global firms to set up the Central Counterparty for Data Management (CCDM), an initiative focused on global data standardization and cleansing in the financial services industry,…