Trading Tech
S&P Unveils RatingsDirect Facelift
Standard & Poor's will this week launch a new version of its Web-based RatingsDirect credit data platform, featuring a revised interface, added content and capabilities to make the portal a more comprehensive workflow tool for users to analyze credit…
ClearSight Debuts Latency Monitor
Fremont, Calif.-based network monitoring provider ClearSight Networks will this week unveil Cronos, a combined hardware and software solution for monitoring latency and detecting message loss.
Marketcetra Releases Open-Source OMS
SAN FRANCISCO-Open-source platform provider Marketcetra plans to announce later this week the general availability of its Marketcetra Automated Trading Platform, DWT has learned.
Filling Clara's Shoes
At press time, the business press was reporting that the London Stock Exchange (LSE) has sped up its search for a new CEO. According to the Financial Times , exchange insiders are looking for an outside candidate from a brokerage or technology firm to…
Low-Latency Messaging 101
Designing consistently low-latency messaging isn't just about outright speed-to gain the biggest payoff, firms must also examine loss, monitoring, applications and more. By Mark Mahowald, founder and president, 29West
Capital IQ Expands Analytics
Standard & Poor's Capital IQ data desktop division is rolling out analytics from Tibco's Spotfire business across components of the Capital IQ workstation.
Fixnetix Upgrades Data Network
UK-based low-latency data and trading technology provider Fixnetix has begun upgrading its network to accommodate growing volumes of data without any degradation in speed or performance.
Manual FX Processing Proves Costly
BOSTON-Corporates trades are at the root of the majority of post-trade processing costs at small banks, according to technology vendors.
Nasdaq OMX Readies BX Quote
NEW YORK-Exchange platform provider and operator Nasdaq OMX plans to launch its second protected quote for the U.S. cash equities markets, dubbed Nasdaq OMX BX, this Friday, Jan. 16.
MF Global Taps Iress for CFDs
SINGAPORE-In order to broaden its direct market access (DMA) offering for contracts for differences (CFDs) in the Asian markets, broker MF Global has recently deployed the browser-based equity trading portal from trading platform provider Iress,…
Experts: Firms to Increase Offshoring in 2009
LONDON-Financial firms will look more for low-cost IT centers in 2009 as the demand for services that help them to reduce their IT operating costs increases, according to an industry observer.
Pure Trading Readies For New Year
As the European and Asian markets mature, broker-dealers and investment banks look north of the U.S. border for their next frontier. DWT U.S. reporter Oksana Poltavets sits down with Richard Carleton, vice president of corporate development for CNSX…
BarCap Reaches Integration Milestone
LONDON-The investment banking division of Barclays Bank, Barclays Capital (BarCap), has recently completed a major phase in its integration of systems acquired from defunct Lehman Brothers, according to officials.
Direct Edge Vies for Exchange Status
JERSEY CITY, N.J.-In the latest bout of exchange applications, ECN operator Direct Edge plans to formally file for dual exchange licenses with the U.S. Securities and Exchange Commission (SEC) in a matter of weeks.
2009: the year of doing more with less
For asset management firms of all shapes and sizes, fresh technology investment is unlikely this year and existing infrastructures will have to be extended to support new business opportunities. But as Joel Clark reports, doing more with less could have…
Correlix Revises Latency Tool
Latency management software vendor Correlix has upgraded its Latency Intelligence system for monitoring latency in data distribution and order flow, to provide more detailed data analysis, and to enable clients to react faster to latency issues.
2008 is Dead; Long Live 2009
If proof were needed that people are keen to forget last year, with all of its crises and collapses, the Dow Jones Industrial Average closed up 108 points on Dec. 31, the highest percentage rise on a year's last day of trading since 1974. But with 2008…
Technology Tips for 2009
Technology is an increasingly important factor in gaining competitive advantage. As firms weigh the cost of risk management, low-latency and data storage technologies, Inside Market Data assembled a panel of data technology experts to discuss what new…
Big Fish Among Sharks
Merger advisory firm Marlin & Associates recently brokered the sale of Tenfore Systems to Morningstar. Chief executive Ken Marlin spoke to Inside Market Data about his views on the M&A landscape, his predictions for activity in the market data industry,…
Data Demand in a Downturn
With the financial markets in turmoil, 2009 brings an increased focus on data quality for better risk management and generating alpha from new asset classes, tempered by cost controls in response to the current fragile economy. This roundtable gathers a…
Do More Than Just Keep the Lights On
The new mandate for successful investment banking technology architectures is clear-they have to be fast, flexible and cheap. We live in interesting times. Program trading volumes continue to climb while the world is in the worst recession in more than…
The Tech Year Ahead
Wall Street as we know it has changed forever. We'll remember 2008 for the struggle and demise of some of the largest and most venerable institutions, with spikes in equity market volume and volatility the likes of which we have never seen. Technology…
Mining for Power-Saving Gold
This year IT needs to lean down. Effectiveness, efficiency and cost deferral will play a much larger role in decision-making as IT budgets flatten or shrink. For many IT shops, substantially increasing their energy efficiency is a matter of picking up…