Trading Tech
Prop trading: RIP?
Once when I was 16, about six months after I started driving to school and work, my heavy foot got me two speeding tickets within 24 hours. A major component of the parental wrath incurred was the loss of my car keys for a fortnight. The thrill (and…
Interactive Data adds new features to PrimeTerminal offering
Interactive Data Corporation has added a range of portfolio analysis functions to its PrimeTerminal Professional financial desktop. The enhancements are designed to allow investment advisers and wealth managers to access and analyse their customer…
Operations: the way forward
The last decade has produced a remarkable transformation in the front office - especially from a buy-side perspective - although current trends suggest that operations and risk management will hold the spotlight over the next 10 years. More than ever,…
Transaction monitoring: driving efficiency in real-time trading
The dire effects of the recession on certain financial services firms has forced CIOs and other IT managers to examine new technologies that could improve online transactional efficiencies across all aspects of the business. As early adopters of…
Spotlight on John Lehner
Having served as president of Eagle Investment Systems for many years, John Lehner has now assumed greater control of the buy-side technology provider after his promotion to chief executive. He talks with Stewart Eisenhart about the parameters of his new…
Charles River launches Charles River IMS Version 9.1
Charles River Development has released Version 9.1 of the Charles River Investment Management System (Charles River IMS). This release, which completes Charles River's transition to a service-oriented architecture (SOA), integrates order and execution…
Progressive embraces business continuity challenge
Business continuity rose to prominence in the wake of the September 11 attacks, as firms of all sizes sought to develop contingency plans as a way of mitigating the business and operational risks resulting from systems failures. By Victor Anderson*
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.
Lightspeed Preps for Multi-Asset Algo Trading
NEW YORK-Low-latency execution broker Lightspeed Financial is paving the way to offer algorithmic trading in equities options and futures enabled by a backend consolidation between its Lightspeed Trader direct market access (DMA) and Lightspeed Gateway…
Thomson Reuters Takes Hosted RMDS Global
NEW YORK-Market data and trading platform provider Thomson Reuters imminently plans to complete the initial global deployment of the hosted version of its Thomson Reuters Market Data System (RMDS) with facilities serving the Tokyo and Frankfurt markets,…
Thomson Reuters Preps Global Hosted Feeds
Thomson Reuters will unveil an expanded, global hosting solution for supporting managed datafeeds and hosted data distribution platforms over the first quarter of this year, using hosting facilities operated by network and hosting provider Savvis.
TXC Adds Tokyo Co-Location Site
NEW YORK-Trading Cross Connects US (TXC)-an incubator for high-frequency traders seeking to trade on the foreign exchange (FX), fixed-income, listed derivatives, energy and commodities markets-expects to have a co-location facility in production next…
Corvil Debuts LMC, Appliance Upgrades
Dublin-based latency management technology vendor Corvil has developed a new system, dubbed the Latency Management Center (LMC), which enables users to aggregate and analyze latency statistics from its CorvilNet monitoring appliances deployed across…
Corvil Debuts Central Latency Monitoring
DUBLIN-Network latency monitoring vendor Corvil has incorporated a central management console and an appliance update with version 6.0 of its CorvilNet platform, according to vendor officials.
Can HFTs Flourish in FX?
After attending an industry gathering focused on high-frequency trading in foreign exchange (FX), co-hosted by Icap and high-frequency trading incubator Trade Cross Connects, the various panel conversations left me wondering whether high-frequency…
BCC Preps Excel Server Analytics
German data technology vendor BCC Group is developing a calculation engine and real-time data integration application, dubbed MDF-Calcnode, which will allow front-, middle- and back-office users in banks to deploy scalable instances of Microsoft Excel…
SunGard Delivers European DMA
LONDON-Targeting regional European broker-dealers who are having difficulty supporting connections to new European trading centers, SunGard has rolled out its high-frequency direct market access (DMA) offering, according to vendor officials.
Clearinghouses Address Regulatory Concerns
LONDON-To head off a regulator-imposed regime on how to mitigate the risks of clearinghouse linkages, expected from the U.K.'s Financial Services Authority (FSA) later this month, European clearinghouses have been working to build an industry consensus…
Morgan Stanley Completes Spot FX Deployment
LONDON-Global investment bank Morgan Stanley has completed the final phase of deploying the Thomson Reuters Spot Matching platform as a foreign exchange prime broker (FXPB) and is preparing to onboard clients, bank officials tell sibling publication FX…
NYSE Euronext Eyes Summer Sunset for Liffe Connect
LONDON-Customers of global futures exchange NYSE Liffe, operated by NYSE Euronext, will be migrated onto NYSE Euronext's Universal Trading Platform (UTP) at the end of June, officials inform DWT .