Trading Tech
Fitch Bows Standardized Delivery
Fitch Solutions, the technology and content arm of ratings agency Fitch, will this week unveil a new platform for providing its content in a standardized delivery format that will enable the vendor to better meet specific client data needs.
Exchanges on the Ascendant
I would like to thank everyone who attended our Best Execution 2009 event in Manhattan last week for making the conference such as roaring success. I would also like to thank our event sponsors who made the free event possible. Also, to our internal team…
A Funny Thing Happened on the Way to Reform
Thomas Peel didn't invent the police force to manage law-abiding citizens, but rather to bring criminals to justice. Thus it's hardly surprising that market participants sometimes feel uncomfortable about the role they are cast in when dealing with…
Caplin Adds Reuters News to Trader
London-based data technology and trading software vendor Caplin Systems has integrated RSS news feeds from Thomson Reuters into its Caplin Trader front end, for banks to distribute to clients as part of their single-dealer trading platforms.
Endace Adds Visualizations, Data Forwarding to NinjaProbe
New Zealand-based network monitoring technology provider Endace last month rolled out a new version of its hardware-based NinjaProbe monitoring platform, which expands on the system's core packet capture functionality by adding a visualization tool and…
NYSE Expands SFTI Services in Europe
NYSE Euronext is expanding the range of services available via its Secure Financial Transaction Infrastructure (SFTI) network in Europe, to include a European version of its SuperFeed low-latency consolidated feed, and connectivity to rival exchanges and…
Townsend Adds QuickStart Setup Tool to API
Chicago-based data and trading technology vendor Townsend Analytics has released a new version of its data API that is easier to use and requires less coding by clients to integrate the data with proprietary or third-party analytical systems.
Aleri Slates Platform Integration for 2010
CHICAGO-After its acquisition of Coral8 in the first quarter of this year, complex event processing platform vendor Aleri plans to have the next generation of its architecture fully backwards compatible for both legacy platforms beginning in 2010, vendor…
Is Wall Street Trading Theft?
Capitalism in the U.S. has taken a body blow and old socialists and newer free-economy alternatives echo the charge that Wall Street has plundered the economy. However, the maligned Wall Street trading rooms, Chicago trading pits and the exchanges still…
Nasdaq OMX Launches Nordic CCP
STOCKHOLM-Global ex-change operator Nasdaq OMX launched its central counterparty (CCP) clearing services as DWT went to press on Oct. 9.
MS Bows Corvil to Combat Data Latency
Morgan Stanley is deploying systems from Dublin-based latency monitoring technology vendor Corvil to manage data latency across its European and US market data and trading infrastructure.
Morgan Stanley Seeks Latency TCA Offering
NEW YORK-As execution latency becomes a growing opportunity cost for low-latency traders, Morgan Stanley is investigating offering inter-party latency data as part of its transaction cost analysis (TCA) to its buy-side clients.
Panopticon Eyes EX Update
LONDON-Data visualization platform provider Panopticon Software expects to release version 5.3 of its Panopticon EX offering on Nov. 5 with a quick followup release of version 5.4 of its Panopticon Developer (PD) software development kit (SDK) on Nov. 23…
Morningstar Launches Thin-Client QuoteSpeed Terminal
Chicago-based data vendor Morningstar is rolling out a new, thin-client version of its QuoteSpeed workstation, designed to utilize Web delivery to cut the cost of ownership for clients and to appeal more to a US-based audience.
The Behemoth Awakens
It's a safe bet that LSE Group CEO Xavier Rolet has surprised many in the industry with the recent acquisition of exchange technology provider MillenniumIT, and now it appears that he has set his sights on multilateral trading facility (MTF) Turquoise (…
Capital IQ Upgrades Platform to Broaden Client Demand
Standard and Poor's Capital IQ division has integrated new features and data into the latest release of its data desktop, to make it easier for users to customize the platform and to broaden its potential user base and use scenarios.
Securities Lending's Data 'Explorer'
When the financial markets collapsed following the credit crunch, regulators imposed strict rules around short-selling activity to stabilize the markets, bringing a new focus on securities lending as an indicator of short selling. Inside Market Data…
FirstRain Overhauls Interface, Gives Users Control
Web research aggregator FirstRain last month revamped its online research platform to enable users to create their own searches for information, and which consolidates the vendor's company news, data and "ecosystems" of related companies, industries and…
Smart Order Routing Grows Up
It's hard to believe that smart order routing (SOR) is approximately a decade old and, like anyone approaching its teenage years, is about to go through a major growth spurt in several directions. Original routers only had to contend with the displayed U…
Expanding the Frontiers of Smart Order Routing
Once alternative trading systems (ATSes) started to pop up in U.S. cash equities markets in the late 1990s with the introduction of the U.S. Securities and Exchange Commission's (SEC's) Regulation ATS and changes to its order handling rules, smart order…
RadianzNet Inches Closer to Sunset
LONDON-BT officials expect to complete the decommissioning of the telecommunications giant's RadianzNet financial intranet, which it acquired from Reuters in 2005, in the next two years as it moves remaining RadianzNet clients onto BT's multiprotocol…
A Peek at the Next Generation
As more trading venues come online and differentiate themselves in terms of fee structures and order types, smart order routers need more intelligence in order to exploit these market structure changes. DWT sits down with Harry Gozlan, founder and CEO of…