Trading Tech
DJ Co-locates Elementized Feeds
LONDON - U.K.-based algorithmic traders using the Dow Jones Elementized News Feed should expect microsecond latency as the vendor plans to collocate its service in Equinix's London-Slough (LD4) International Business Exchange (IBX) datacenter sometime in…
Great expectations
Institutional investors are driving the buy side in terms of the adoption of best practices and the technology that underpins such initiatives. Nowhere is this more apparent than in the client reporting realm where institutional players have come to…
Saratoga to Deploy Nirvana Multi-Prime Platform
NEW YORK-Mini-prime brokerage Saratoga Prime Services plans to provide its small and midsize hedge fund clients with a real-time portfolio management system from Nirvana Solutions, broker officials announced today, May 4.
Fidessa Preps Analytics Platform
UK-based market data and trading technology vendor Fidessa is launching an analytics platform that will allow traders to perform complex real-time calculations based on multiple data sources and publish the derived values to a range of consuming…
Sydney: Financial Storm Fails to Halt Rising Data Tide
Market data volumes continue to rise exponentially in spite of the constraints placed on the industry by the financial crisis, posing both challenges and opportunities to vendors servicing the marketplace, according to a panel discussion Sydney,…
Reuters Grows Market Share Analytics
Thomson Reuters has increased the amount of trade data from over-the-counter markets and dark pool matching services available via its Equity Market Share Reporter (EMSR) product, which is designed to help firms locate shifts in liquidity between trading…
Panel: China Demand for Data, Tech to Grow
A growing economy, burgeoning numbers of retail investors, and the need for technology to compete with Western markets are all driving demand for market data in China's financial markets, according to panelists in Shanghai.
Panel: Firms Weigh Cost, Complexity Of Forecasting Data Capacity
The ongoing exponential growth in data volumes, driven in part by improving low-latency technologies, is forcing firms to improve their forecasting and management of capacity needs and associated costs, according to panelists at last week's Waters Power…
First Nordic MTF to Go Live Friday
STOCKHOLM-This week the European market will become more fragmented with the launch of multilateral trading facility (MTF) Burgundy serving the Nordic market.
Industry Finds Savings in Green IT
NEW YORK-Many financial services firms' IT projects have been put on hold due to the tough economic conditions that are still gripping organizations worldwide. However, green initiatives may be one of the bright spots on firms' "to do" lists at the…
LCH.Clearnet Still in Play
LONDON-LCH.Clearnet's proposed merger with the Depository Trust & Clearing Corp. (DTCC) failed because the London-based clearinghouse did not agree on "a basis for consummating the proposed merger."
North American Exchanges Rein in Costs for 2009
TORONTO-Continued datacenter consolidation and deploying new equity trading offerings will be on Canadian exchange operator TMX Group's plate for the rest of the year as it addresses the ongoing fragmentation of the Canadian market, according to exchange…
Knight Match ATS Gets Update
JERSEY CITY, N.J.-Agency broker Knight Capital Group has recently redesigned its Knight Match dark liquidity pool to deliver an average response time for order acknowledgement or order cancels of less than 2 milliseconds, DWT has learned.
WSS Scales FX Offering with CEP
LONDON-By integrating complex event processing (CEP) technology from Aleri into its foreign exchange (FX) trading platform, Wallstreet FX, Wall Street Systems expects to increase its platform throughput to 3,000 deals per second from its current 70 to…
Merrill Lynch Cooks Up Internal Cloud
NEW YORK-To reap the cost-saving benefits of cloud computing, Merrill Lynch and parent Bank of America are in the process of developing an enterprise file system (EFS) that will power the bank's internal cloud computing initiative.
Deutsche Bank Debuts Portfolio Algorithm
NEW YORK - In order to give traders more control in the volatile and fragmented markets, Deutsche Bank's Autobahn Equity multi-broker trading platform is preparing to introduce a trading algorithm-Optimal Portfolio Execution (OPX)-designed to execute…
Aspen Integrates Advanz GnosTick Indicators
Charting and analytics provider Aspen Graphics has begun rolling out a version of its software that incorporates trading indicators from Advanz Analytics, a Miami, Fla.-based futures commission merchant and technology provider, officials say.
HSBC Offers Direct Market Access in Brazil
SÃO PAULO-HSBC has added Brazilian equities to the list of destinations to which it offers direct market access (DMA), officials will announce this week.
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