Trading Tech
StanChart Deploys FX Aggregator
SINGAPORE-Standard Chartered (StanChart) has gone live with a liquidity aggregator developed by Progress Apama for its FX electronic pricing and trading division in Singapore, bank officials tell DWT.
InfoReach Goes High-Frequency
NEW YORK-Traders using the execution management system (EMS) from electronic trading technology vendor InfoReach now have the ability to create high-frequency trading strategies on the same system.
Fixnetix Selects Corvil To Monitor Latency
LONDON-U.K.-based low-latency trading connectivity and market data-distribution vendor Fixnetix is deploying CorvilNet from networking and latency management tools vendor Corvil, to monitor latency and demonstrate record performance speed to its…
Citi Preps European Cross
NEW YORK-Investment banking giant Citi plans to roll out its Citi Match crossing network in Europe early next year, DWT has learned.
Millisecond Latency Sufficient for Asia
Demand for low-latency data to support algorithmic trading is growing in Asia, though the speed required by user firms in the region differs from the more evolved and higher-frequency US and European markets, according to a panel at last week's…
Vendors Urge Respect for Local Cultures
Asia may offer a hotbed of opportunity for data vendors and brokers alike, but those looking to set up or grow operations in the region still face a number of basic challenges, not least of which will be growing their local presence as firms manage spend…
Data Misuse: Piracy or Just Uncharted Waters?
Unauthorized distribution of data remains an issue for exchanges and vendors in Asia and worldwide, though misuse is frequently unintentional, and could perhaps be solved with greater education about the contractual obligations on data consumers and…
Quant House Adds Feeds; Opens Network
French low-latency market data and trading technology vendor Quant House has added support for a range of European equity and derivatives market data feeds.
Savvis Expands European Proximity Service
Network and hosting facilities provider Savvis is building out its proximity service in Europe with the addition of a managed hosting and low-latency connectivity service to provide investment firms with access to all European Multilateral Trading…
MTF Growth Expected to Be Short-Lived
LONDON-Multilateral trading facilities (MTFs) continue to sprout up in Europe, but many industry participants expect that venue consolidation is just around the corner.
Enigmatec Spins Off Cloudsoft
EDINBURGH-Duncan Johnston-Watt, a founder and CTO of datacenter automation vendor Enigmatec, has launched a new startup that will focus on delivering enterprise-cloud services to the financial services industry.
Savvis Expands Euro Proximity Service
LONDON-Network and hosting facilities provider Savvis is building out its proximity service in Europe with the addition of a managed hosting and low-latency connectivity service to provide investment firms with access to all European multilateral trading…
Misappropriated Spending Hampers BCP
NEW YORK-The money currently being spent on business continuity planning (BCP) and disaster recovery may be completely ineffective, according to an industry specialist.
DTCC, LCH.Clearnet Seek Merger
NEW YORK & LONDON-In an attempt to create a transatlantic clearinghouse, the Depository Trust & Clearing Corp. (DTCC) and LCH.Clearnet Group recently announced their intention to form a new clearinghouse that would be user-owned, user-governed and…
Thomson Reuters Grows Hosted RDF Direct
Thomson Reuters is expanding the range of exchange feeds available via the hosted version of its Reuters Data Feed Direct (RDF Direct) service, which provides access to its low-latency direct feed technology as a fully managed service.
BofA Announces Transition Team
NEW YORK-Executives from Bank of America (BofA) have announced that Brian Moynihan, president of global corporate and investment banking for Bank of America, and Tom Sanzone, executive vice president and chief administrative officer (CAO) for Merrill…
Aegisoft Expands Monitoring in AthenaTrader
NEW YORK-Custom trading and testing software provider Aegisoft will add new tools to the next release of its AthenaTrader product that will be aimed at letting the end user have greater control of their foreign exchange (FX) trades, DWT has learned.
eSignal Unveils OnDemand Delayed Charts
Interactive Data's eSignal division has launched a stripped-down version of its data display workstation that focuses on charting and analysis, aimed at active and swing traders who typically use end-of-day charting services for fundamental analysis.
FactSet Integrates FirstRain into Marquee Display
FactSet Research Systems will this week unveil a version of FirstRain's Web research tool integrated with its Marquee desktop platform, to allow FactSet users to access information and statistics from the Internet via the same interface.
Coral8 Expands Analysis Capabilities, Capacity
Complex event processing software vendor Coral8 will this week unveil a new version of its CEP engine, with new features that draw on data warehousing technologies to be able to run more analytics against increased volumes of data.
Coral8 Updates Engine
MOUNTAIN VIEW, CALIF.-Customers of Coral8, a provider of complex event processing (CEP) software, should be able to deploy live analytic applications that provide up-to-the-moment business intelligence on market and trade data quicker with the latest…
Interfax Adds Analytics to SPARK
Russian news agency and data provider Interfax has enhanced its SPARK company fundamentals database to provide more detailed financial ratio analytics, regional economic data and enhanced alerting functions.