Trading Tech
Speed Limits
As two of this week's top stories show, data isn't always about speed, but is often about making sure that the right data gets to the right people, with guaranteed uptime in the event of an outage from any one provider.
Ionic Expands Fund Search Capabilities
UK-based data vendor Ionic Information is preparing to launch a new set of fund analytics that will help investors identify and narrow down funds that meet their specified investment and performance criteria.
Fixnetix Preps Real-Time Risk Analytics
UK-based low-latency data and trading technology vendor Fixnetix will this week roll out a real-time risk application targeted at prime brokers, who can use the service to monitor and control hedge fund clients trading in the broker's name as part of…
Pivot Readies IM Data Montage
Instant messaging and collaboration software vendor Pivot is testing a new product that captures over-the-counter dealer quotes from IM communications between brokers and buy-side clients, and displays them in a montage of prices.
Bids Puts Best Face Forward
As the pace of liquidity fragmentation in the U.S. begins to slow, the players who managed to carve out a piece of the pie must now work harder to maintain their market share. As alternative trading system (ATS) Bids Trading marks two years since its…
InfoReach to Update TMS
CHICAGO-Officials from trading platform provider InfoReach tell DWT that a major upgrade to the vendor's Trade Management System (TMS) is approximately a month away.
Swedbank Readies Nordic Markets SOR
STOCKHOLM-In preparation for the launch of the Nordic multilateral trading facility (MTF) Burgundy on May 8, Swedbank plans to offer a smart order routing (SOR) service to its institutional and retail clients, bank officials announced today, April 20.
Sydbank Revamps Trading Floor
AABENRAA, DENMARK-Danish financial firm Sydbank went live with its redesigned trading floor last week, officials announced today, April 20. The initiative is the foundation of a larger project that aims to unify communications on the bank's trading floor…
Skyler Boosts Real-Time Data Failover
Concord, Calif.-based Skyler Technology has launched a new component of its C3 data suite to help improve the resilience of market data infrastructures in the event of data outages.
Turquoise Opens Network to Latency Monitoring
LONDON-Operators of pan-European multilateral trading facility (MTF) Turquoise have decided to let market participants peek behind the curtain of the MTF's network latency performance with the deployment of the CorvilClear application from latency…
Activ Readies Low-Latency Euro Data
Low-latency data vendor Activ Financial will this month expand its connectivity to European exchanges and other trading venues in response to demand from US and European clients for low-latency data from the region.
Dude, Where's My Liquidity?
Finding liquidity isn't just about having the fastest data to find the best price on a particular venue; it's also about knowing where to look. And with a plethora of execution venues and data sources competing for order flow, the process of analyzing…
Mob Index Adds Sectors, Stock Levels
MobIndex.com, a Web site that provides an indicator of investing sentiment by analyzing institutional money flows between countries, has added a sector breakdown and index levels for institutional ownership of individual US-listed stocks, to show flows…
Speed vs Spend
Latency continues to be a top priority for trading firms' market data infrastructures. But with dire economic conditions necessitating tight spending controls, firms are struggling to invest in technologies capable of providing a competitive edge through…
Serena Releases Mashup Designer
REDWOOD CITY, CALIF.-The latest version of automated mashups environment product Business Mashups 2009 is now available from application lifecycle management software provider Serena Software.
Ukrainian Exchange to Roll Out Micex Platform
KIEV-Later this month Ukrainian PFTS Stock Exchange is set to deploy a new trading and settlement system, dubbed PFTS Next, based on technology from the Moscow Interbank Currency Exchange (Micex), as well as exchange operator and technology provider…
Quote MTF Moves Launch to Q3
BUDAPEST-Officials at Hungarian multilateral trading facility (MTF) Quote MTF have delayed the venue's launch to Sept. 4 from its planned June 5 debut since unnamed "major players" could not connect to the platform by then, DWT has learned.
CLS, Icap Enter Post-Trade JV
LONDON-The joint venture (JV) foreign exchange (FX) trade aggregation service set for launch by CLS and Icap is being met with cautious optimism from major dealers, with details of the project still unresolved.
Vienna Exchange Adopts Xetra for Warrants
VIENNA-Officials at the Wiener Börse expect to complete the migration of warrants to the Xetra platform, provided by Deutsche Börse, by the end of June in a single-day switchover. Once completed, all Vienna cash market products will be run on Xetra,…
YouDevise Expands HIP Analytics
Trade ideas distribution software vendor YouDevise has added a series of new reporting capabilities to its Web-based Hedge Fund Information Provider (HIP) analytics tool, to provide granular breakdowns of portfolio performance, exposure and liquidity to…