Trading Tech
Nasdaq OMX Sets Neuro Dark Launch
LONDON-European liquidity is about to get a little darker as multilateral trading facility (MTF) Nasdaq OMX Europe plans to launch its pan-European dark pool, dubbed Neuro Dark, on April 27.
FFastFill Preps Dashboard Update
LONDON-Electronic trading software provider FFastFill is planning a mid-year rollout of a new dashboard offering that will make it easier to automatically clear trades, vendor officials tell DWT .
MarketAxess Plans European Cross
NEW YORK-Electronic fixed-income trading venue MarketAxess expects to introduce its hybrid Market List crossing capability to its European business sometime before the end of the year, say MarketAxess officials.
Pragma Readies New Dark Pool
NEW YORK-To combat the growing fragmentation of the dark pool space, quantitative financial technology provider Pragma plans to launch its own venue.
Tullett Prebon Selects Orc for Paris Office
PARIS-Global interdealer broker Tullett Prebon recently went live with Orc Software's electronic trading platform Orc Trading, which will be its main derivatives trading platform for its listed derivatives trading desk in Paris, say officials.
Panel: Latency Also Key for Smart Order Routers
LONDON-Aside from worrying about whether their smart order routers are the smartest, sell-side firms operating in the European markets also need to ensure they are the fastest, according to market participants.
LSE, Borsa Italiana Eye Consolidation Finish Line
LONDON-Officials from Borsa Italiana and its owner, the London Stock Exchange (LSE), expect to complete the integration of the exchanges' trading activities in the second quarter of this year, DWT has learned.
NSX Shaves Latency on Blade Engine
JERSEY CITY, N.J.-After multiple concurrent year-long projects to optimize and improve its Blade matching engine, the National Stock Exchange (NSX) is currently performing at sub-millisecond speeds.
CEP = Complex Event Popularity
Commenting on the merger of complex event processing software vendors Aleri and Coral8 in last week's Inside Market Data , Aite Group senior analyst Adam Honoré said that one reason the merger made sense was to consolidate the two vendors' position…
Panopticon Readies New EX Display Tool
Swedish data visualization software vendor Panopticon will next month release a new display tool, dubbed Panopticon EX (Enterprise Express), that will combine the benefits of the vendor's existing enterprise and desktop applications in a single product…
Fitch Bolsters CDS Data, Analytics
Fitch Solutions, the non-ratings data division of Fitch Group, last week launched a new version of its Risk and Performance Platform, an add-in for Microsoft Excel that provides data and risk analysis on debt and credit derivative instruments, featuring…
Weathering the Storm
The current financial crisis is squeezing firms' income and budgets, while data requirements are growing in complexity and scale. Inside Market Data speaks to Jon Robson, head of Thomson Reuters' Enterprise division, about how the vendor is helping…
Front Arena Update Sports Added FX Functionality
LONDON-Trading software and services provider SunGard has recently rolled out version 4.3 of its Front Arena trading platform, which includes high-volume foreign exchange (FX) trading capabilities, straight-through processing (STP) features, scalable…
Building the Better Algorithm
Seldom is optimizing a trading algorithm a matter of simply writing a tighter line of code or turning one screw: It usually involves a more holistic approach. DWT sits down with John Bates, founder and managing director of Progress Apama, to discuss how…
EDX London to Adopt New Engine
LONDON-The London Stock Exchange (LSE) plans to have its EDX London equities derivatives business running on the Sola matching engine from Montreal Exchange (MX), a subsidiary of the TMX Group, sometime this November, according to exchange officials.
BOX Aims for Block Trading by Midyear
BOSTON-Operators of the Boston Options Exchange (BOX) expect to start development on a block-trading platform within a matter of weeks, DWT has learned.
FPL Readies Service Pack Release
LONDON-The second service pack (SP2) for FIX 5.0 will be available early in the second quarter of 2009, FIX Protocol Ltd. (FPL) officials tell DWT .
CME Ramps Up Exchange Integration
U.S. exchanges are getting off the consolidation bandwagon and the real work of integrating systems and realizing synergies has begun. It is vital, however, that execution venues not lose sight of the big picture and remain competitive in a tough market…
Sybase Taps Coral8 for CEP Technology
Database technology provider Sybase will next month launch an integrated complex event processing component within its RAP Trading Edition analytics platform, using a CEP engine from Coral8, which last week announced a merger with fellow CEP vendor Aleri.
Platform Targets Latency with Symphony Update
NEW YORK-Grid computing software provider Platform Computing aims to reduce latency and improve data transfer capabilities with the latest release of its Symphony product, vendor officials announced today, March 16.
Thomson Reuters Adds ISE to RDFD
Thomson Reuters will this week add support for the International Securities Exchange's feed of market depth within the vendor's Reuters Data Feed Direct service, in response to customer demand for ISE data.
CQG Launches 'Direct' to Cut Latency, Improve Reliability
Denver, Colo.-based data, charting and trading technology provider CQG will this week unveil a new, low-latency connectivity option that provides direct access to its consolidated data, analytics and order-routing capabilities for customers of its…