Trading Tech
Newedge Rolls Out India Operations
In a global market where all Western firms face challenges in gaining a foothold in Asia and finding the systems needed to do so successfully, multi-asset brokerage firm Newedge -a joint venture of Société Générale and Calyon-recently launched its…
Poll: Firms Focus on Latency Measurement
More firms have increased their budgets for latency-related projects during 2009 than at the trough of the financial crisis last year, but are focusing spend largely on internal monitoring and measurement projects rather than large capital outlays,…
Regulatory Drivers for Real-Time Analytics
Proposed rules for the financial industry will force market participants and regulators to adopt new ways of monitoring and consolidating data across different systems and markets. By Neil McGovern, product marketing director at Sybase
Data Networks Diverge, Seek Value-Add
The growth of high-frequency trading strategies is producing a bifurcation between different types of data extranet providers-those that provide broad connectivity and shared services, and those focusing on high-bandwidth networks for low-latency data…
Xignite Begins Real-Time Rollout
Web services data provider Xignite has begun distributing real-time Level 1 equity data from exchanges in Europe, in the first stage of its plan to provide market data from global exchanges via Web services.
CQG Readies Mobile Data Service, Picks BlackBerrys
Denver, Colo.-based data, charting and trading software provider CQG is preparing to launch a mobile data service integrated with its desktop terminal, in response to client demand from sell-side and buy-side customers for a service that could provide…
Switch and Data Recruits GeoReach Partners
Hosting service provider Switch and Data is enlisting network providers who have established low-latency fiber paths between its North Bergen, NJ facility and regional equity markets in a new partner program, dubbed GeoReach, to provide clients with…
SIX Telekurs Prepares to Issue New iD
SIX Telekurs is upgrading its Telekurs iD data display product to incorporate content and functionality currently available in the Market Rider data display from SIX Telekurs France (formerly known as Fininfo prior to its acquisition by Telekurs in 2007)…
TheMarkets Opens Up to Clients
Bank consortium-owned research platform TheMarkets.com has opened its application programming interface (API) to clients, allowing them to pull the vendor's content and search capabilities, as well as its tagging technology, into their own custom-built…
Swedbank Adopts Aleri for Liquidity Risk
CHICAGO-Officials from Stockholm-headquartered Swedbank announced today, Nov. 16, that the bank has selected complex event processing (CEP) platform provider Aleri's Liquidity Risk Manager (LRM) for risk management and to meet regulatory requirements.
But is it the Right Tool for the Job?
After receiving supposed direct messages on Twitter from a former British colleague with links to domains hosted in Montenegro and a few central Asian republics, I assumed his account had been hacked. It also started me wondering how useful social media…
Carbonn's Copy - In Sickness and in Health
This week you'll notice that the weekly Inside Market Data editorial column has a different title and author. That's because editor Max Bowie is in California getting married to none other than IMD 's chief subeditor Elina Patler. The event is certainly…
SuperDerivatives Enhances Data API
Derivatives pricing and risk management software vendor SuperDerivatives has enhanced the application programming interface (API) for its portfolio valuation service, dubbed SD-Revaluation, to enable clients to incorporate different data sources into…
TradeVec Preps Analytics Platform
Gibraltar-based trading and data technology vendor TradeVec is preparing to launch an analytics platform, which will allow clients to create their own real-time analytics and trading indicators, as well as to develop and back-test trading strategies…
Canadian Markets Prepare for High-Frequency Trading
TORONTO-Although dark liquidity and high-frequency trading are less prevalent in the Canadian markets compared to the U.S. and Europe, rule proposals from the country's securities regulators appear to be pushing leading Canadian trading venues to enhance…
Pragma Securities Relocates Datacenter
NEW YORK-When Pragma Securities looked for a new datacenter to house its automated trade execution and dark liquidity pool, it selected to deploy its blade servers within datacenter hosting provider Switch and Data's New York Financial EcoCenter facility…
Smart Order Routing: Adapt or Die
Smart order routing (SOR) has been one of the most significant trading-related developments for both buy- and sell-side organizations over the past three to four years. Gone are the days when issues were listed on a single exchange or just a handful of…
ITRS Set to Update Geneos
LONDON-Data technology vendor International Trading Room Software (ITRS) Group plans to add new developments to its Geneos platform by providing advanced analytics, due out in 2010, according to vendor officials.
NYSE Euronext Finds ATS Buyer
NEW YORK-In a $5 million three-way deal expected to close by the end of the year, agency brokerage BNY ConvergEx will acquire alternative trading system (ATS) operator Nyfix's U.S.
Velocity Trade Readies API Connectivity
TORONTO-Canadian foreign exchange (FX) dealer Velocity Trade expects to take its first client live sometime this week, say officials, with an application programming interface (API) connection into the dealer's middle- and back-office systems, officials…
BGC Hires Sybase for Database Support
NEW YORK-As part of a plan to adjust its internal IT systems, global inter-dealer broker BGC Partners tells DWT it has contracted database provider Sybase to support the firm's database in order to improve management of real-time risk.
Stock Exchange Outage Spurs MTF Changes
LONDON-As undisclosed server issues brought trading in one twelfth of the stocks traded on the London Stock Exchange (LSE) to a halt last week, the knock-on effect has led to changes in trading on multilateral trading facilities (MTFs), according to MTF…