Trading Tech
Coming in from the cold
Central clearing has dominated the agenda of credit derivatives dealers this year, even though buy-side firms are yet to gain access to such industry initiatives. But, as Joel Clark reports, this is set to change mid-way through next month if the…
StreamBase Boosts Canada Coverage
Complex event processing software vendor StreamBase Systems has developed an adapter to provide connectivity to market data feeds from Pure Trading, a Toronto-based alternative trading system operated by CNSX Markets, expanding the vendor's coverage of…
Options IT Connects to OMX Feeds
New York-based infrastructure-as-a-service provider Options IT recently expanded its exchange coverage by adding Nasdaq OMX's Copenhagen, Iceland, Stockholm and Helsinki stock exchange feeds to its Velocity managed direct feeds service, to expand the…
Pure Trading Girds for High-Frequency Trading
TORONTO-Operators of the Pure Trading Canadian alternative trading system (ATS) are braced for an onslaught of high-frequency trades as a number of U.S. trading firms connect to the platform later this month.
Options IT Adds Nordic Support
NEW YORK-Infrastructure-as-a-service vendor Options IT has extended its Velocity high-speed market connectivity service to the Nasdaq OMX Nordic Exchanges, officials announced today, Nov. 9.
Townsend Preps Ticker Plant Refresh in Volume Battle
Chicago-based data and trading technology vendor Townsend Analytics is rolling out a new component within its market data infrastructure to enable the vendor to deal with ever-growing market data rates, as part of a long-term plan to re-architect its…
Keynotes: Asia Emerges As 'New West' in More Interconnected Markets
The keynote speakers from Thomson Reuters and Interactive Data at last week's Asia Pacific Financial Information Conference delivered a rallying cry to market participants in the region to prepare for the challenges resulting from anticipated rises in…
Fixnetix Expands Corvil Deal for Client Latency Visibility
Low-latency data and trading technology vendor Fixnetix has licensed the CorvilClear peer-to-peer latency monitoring software from Dublin-based vendor Corvil to provide its clients with better visibility into the latency of market data delivery and order…
Cost Pressures Refocus User Priorities
As trading and investment firms face growing data requirements and shrinking budgets as a result of the turbulent economic environment, market data managers are focusing on better data administration, persuading vendors and exchanges to implement cost…
Regulatory Concerns Stall Clearinghouse Links
LONDON-Independent global clearinghouse LCH.Clearnet has suspended discussion on bilateral clearinghouse interoperability with European Multilateral Clearing Facility (EMCF) due to concerns of regulators in the U.K. and Holland over the potential…
FX Connect Looks to Executable Pricing
NEW YORK-FX Connect will launch executable streaming prices on the platform in the first quarter of next year, among other upgrades being made to the system.
Panel: HFT, Dark Pools Not Synonymous
NEW YORK-As the U.S. Securities and Exchange Commission (SEC) examines market structure with an eye toward new rules for the markets, it is likely to find that high-frequency trading accounts for very little of the activity in dark pools of liquidity,…
Tradeware Banks on FIX for the Future
NEW YORK-As trade orders continue to be sliced and diced into ever smaller and more numerous orders, electronic global equity market access provider Tradeware Global sees the FIX messaging protocol as key to future growth, say vendor officials.
OS Switch Nets Hotspot FX Performance Gain
NEW YORK-As part of a project to bring Hotspot FX's architecture in line with its other trading and matching platform, Knight Capital Group has moved the electronic foreign exchange (FX) trading platform to a Linux platform from a Microsoft Windows…
Kondor+ Update Set for 2010
LONDON-Market data and trading platform provider Thomson Reuters plans to release version 3.2 of its trade capture and risk management platform Kondor+ sometime during the first quarter of 2010, DWT has learned.
MarketAxess to Debut Click-to-Trade
LONDON-Electronic fixed-income trading platform provider MarketAxess Europe is rolling out click-to-trade (CTT) functionality to version 6.5 of its MarketAxess trading platform, which should be available to European clients beginning Nov. 23, DWT has…
Agency Consortium Backs New Crossing Network
NEW YORK-In an attempt to give its members better control over block order trading flow, agency brokerage cooperative Mahogany Partners has announced a technology alliance with ConvergEx to deliver a multi-crossing network front end to its partners…
London Stock Exchange Expands Hosted Offering
LONDON-Operators of the London Stock Exchange (LSE) have opened a dedicated floor within the LSE's datacenter for client hosting, exchange officials tell DWT .
Exegy Resumes MarketDataPeaks with Essex Radez
St. Louis, Mo.-based hardware ticker plant provider Exegy has resurrected its MarketDataPeaks.com Web site, which provides statistics on peak market data volumes, after enlisting Chicago-based market maker and data provider Essex Radez to supply exchange…
NYSE Technologies Grows Asia Data
NYSE Technologies is expanding its coverage of market data from Asian exchanges with an expanded range of feed handlers, and the rollout of its SuperFeed hosted ticker plant in the region, officials tell Inside Market Data .
Tibco Bows ActiveSpaces for Data Apps
Palo Alto, Calif.-based enterprise software developer Tibco has released ActiveSpaces, a distributed middleware product combining an in-memory database and messaging system, to support the development of distributed applications that need to run queries…
Pipeline Sets for Eastern European Expansion
LONDON-Officials from Pipeline Financial Group, the European business of the U.S.-headquartered Pipeline Trading Systems, have completed the first phase of Pipeline's deployment in Europe and plan to expand its clearing models by early 2010.