Trading Tech
FXall Plans Hybrid Platform
NEW YORK-Operators of the multi-bank electronic foreign-exchange (FX) trading venue FXall plan to integrate the recently acquired LavaFX, which FXall purchased from Citi, with its current platform sometime in the coming year, FXall officials tell DWT .
HSBC Takes DMA to the Gulf
LONDON-HSBC is now offering direct market access (DMA) to the Abu Dhabi Securities Market (ADSM) and Dubai Financial Markets (DFM), switching on its first clients last week, according to bank officials.
TSE Targets Latency with Arrowhead Launch
TOKYO-With the New Year, operators of the Tokyo Stock Exchange (TSE) rolled out the exchange's new Arrowhead matching engine to improve support for advanced automated trading strategies on the TSE, according to officials.
Regulatory Uncertainty Delays C2
NEW YORK-Although flash orders were not yet a hot-button issue when the Chicago Board Options Exchange (CBOE) filed for regulatory approval from the U.S. Securities and Exchange Commission (SEC) for the CBOE's planned all-electronic C2 options exchange,…
Scrambling Toward Liquidity Risk Compliance
Since the start of the financial crisis, the U.K. Financial Services Authority (FSA) has moved swiftly to revamp the U.K.'s liquidity risk management regulatory regime. DWT speaks with P.J. Di Giammarino, CEO of industry think thank JWG-IT Group, to…
Nasdaq OMX Amps Up U.K. Power Market
STOCKHOLM-Nasdaq OMX Commodities and Nord Pool Spot have launched the N2EX U.K. power market and auctioning will go live today, reveal officials.
Gelber Bows OneTick for Quant Trading
Chicago-based proprietary trading firm Gelber Group is rolling out the OneTick historical and real-time tick data processing solution from New York-based tick data management and analytics vendor OneMarketData, to support back-testing and development of…
2010: A Market Data Odyssey
With trading firms expected to loosen their purse strings slightly in 2010, data providers anticipate demand for analytics and risk management tools, historical data for building accurate models, and technologies originating in social media to plot…
YCharts Launches Fundamentals Analysis Platform, Mulls Pro Tools
Chicago-based fundamental data analysis provider YCharts will this week launch a Web-based platform for fundamental analysis of US-listed companies, enabling users to track and analyse company fundamental data to help identify and incorporate trends into…
Greenline Bows ex-Trading Metrics Tools
Greenline Financial Technologies, a provider of FIX Protocol-based trading software and a subsidiary of fixed-income trading platform MarketAxess, is rolling out technologies acquired last year from defunct vendor Trading Metrics in a bid to expand its…
FPL Preps Latency Standards Group
FIX Protocol Limited (FPL), the industry body behind the FIX Protocol and its FAST spin-off for market data compression, has set up a FIX Inter-Party Latency (FIPL) working group to provide standards for data and trading latency monitoring and…
Alpha Trading Implements Market Data Fees
Alpha Trading Systems last week began charging fees for market data generated by quoting and trading activity on the Canadian alternative trading system’s market, based on the value of its data as it gains market share in stocks listed on the Toronto…
LSE to Merge Turquoise, Baikal
LONDON—Operators of the London Stock Exchange (LSE) plan to integrate the exchange's Baikal multilateral trading facility (MTF) with fellow MTF Turquoise and run the resulting MTF using the LSE's technology stack, say officials.
Technology and Voice: The Twin Pillars of Over-the-Counter Fixed-Income Trading
Discussions devoted to the e-execution arms race are widespread, as message latency increasingly is dissected with explorations into optimal system configuration and message streamlining. The quest for "smart speed" has been relentless. As verifiable…
SunGard Offers BM&F Back-Office Support
NEW YORK—U.S.-based futures commission merchants (FCMs) looking to better automate their processing and clearing of trades on the Brazilian Mercantile and Futures Exchange (BM&F), which is owned by exchange operator BM&FBovespa, can now use SunGard GMI…
FPL Eyes Latency Standards
NEW YORK—After delivering standards for market data compression and algorithmic strategy distribution, messaging standards body FIX Protocol Ltd. (FPL) plans to launch the FIX Inter-party Latency (FIPL) Working Group, which will begin mid-month, FPL…
Smaller IT Budgets Push Creativity
The past year has presented new and interesting technological challenges for 2010 to the listed-derivatives industry. First, trading volumes actually declined for the first time in over a decade, but message traffic continued to explode. Second, demand…
'More, Faster, Cheaper' to Dominate FX in 2010
Over the past year, the foreign exchange (FX) industry has seen the continual stretch to be the fastest price maker, the unrelenting onslaught of ticket volumes, the shifting sands of ECN rules, the rise of algorithmic execution the ever increasing ranks…
Navigating the European Markets in 2010
As 2010 sets to unwind, market participants continue to face the challenges of finding liquidity and achieving best execution in a fragmented marketplace. DWT sits down with Michael Krogmann, Executive Director, Head of Sales, Xetra Market Development…
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