Trading Tech
Wombat Builds Out Asian Presence
NYSE Euronext subsidiary Wombat Financial Software is rapidly expanding its coverage of Asian markets, and has recently released eight new feed handlers, with several more already in development.
Reliance to Add Asia Connectivity
Network and hosting provider Reliance Globalcom is planning to expand its services into Asia next year, after completing its current focus on pushing into Europe, officals say.
TNS Finalizes India Connectivity
Network provider Transaction Network Services is close to expanding its connectivity options for firms seeking data from Indian exchanges, with the imminent addition of the National Stock Exchange of India and the Multi-Commodity Exchange of India (MCX)…
Bats Europe Gains FSA Approval
LONDON-Bats Trading, operator of the U.S.-based exchange Bats, has received authorization from the U.K. Financial Services Authority (FSA) to operate a multilateral trading facility (MTF) in Europe.
BOX Targets Blocks
BOSTON-Operators of the Boston Options Exchange (BOX) expect to offer their clients the ability to trade block orders by the beginning part of 2009, DWT has learned.
CNQ Loses Horizon
TORONTO-The Canadian Trading and Quotation System (CNQ), an exchange for the Canadian micro-cap stock market, was implementing a new trading system as DWT went to press on Oct. 17.
Hitting the Ground Running
As traders and investors continue their hunt across the globe for respectable alpha, DWT sits down with Philippe Carré, the global head of client connectivity business line for GL Trade, to discuss the best ways that firms can access the emerging markets.
BarCap Selects Caplin for Fixed Income
LONDON-Barclays Capital (BarCap), the investment banking division of Barclays Bank, has selected Caplin Systems' Web-based trading application for BarCap's Fixed Income eCommerce offering, officials announced today, Oct. 20.
Icap Plans to Launch MTF
LONDON-Interdealer broker Icap is one step closer to achieving exchange status as it prepares to deploy a new multilateral trading facility (MTF), according to officials.
Open Source Gains in Front Office
NEW YORK-In an effort to bring open source to the sell side, open-source order management system (OMS) developer Marketcetera is teaming with professional services firm dbConcert to create a services package for broker-dealers, officials tell DWT.
Turquoise Taps Corvil for Latency
DUBLIN-European multilateral trading facility (MTF) Turquoise has selected an offering from networking and latency management tools vendor Corvil to monitor latency within its London market center.
360T Adds Multi-Leg Swaps
FRANKFURT-Multi-dealer trading platform vendor, 360 Treasury Systems (360T) introduced multi-leg foreign exchange (FX) swap trading on its cross-product trading platform, 360T TEX, in response to client demand today, Oct. 13, according to vendor…
Fidessa Adds 'Global' US Ticker to Support New Trading Platform
UK-based trading technology and data provider Fidessa has set up a global ticker plant in North America to collect data from exchanges and markets carried by the vendor worldwide, to support its creation of a hosted US trading platform (USTP) for…
Turquoise Taps Corvil for Latency Management
Pan-European multilateral trading facility Turquoise plans to set up a pilot program to provide latency metrics to member trading firms using software from Dublin-based latency monitoring technology vendor Corvil.
Chi-X Preps Sponsored Hedge Fund Co-Lo
Instinet's pan-European multilateral trading facility Chi-X aims to have its first hedge fund clients trading via a new sponsored co-location service before the end of this year, officials tell Inside Market Data .
TSEC Consults NYSE for Platform Update
TAIPEI-The Taiwan Stock Exchange (TSEC) has entered into an IT assessment cooperation with NYSE Euronext. The design consultation involves a comparison of TSEC's current trading platform and that of the New York Stock Exchange (NYSE), according to TSEC…
Tocom Readies Co-Location
TOKYO-Staring in May 2009, commodity traders on the Tokyo Commodity Exchange (Tocom) will have the option to co-locate their servers in the exchange's datacenters, say officials
Chi-X Debuts Sponsored Access
LONDON-Clients of Chi-X Europe's trading participants are now able to connect directly to the multilateral trading facility's (MTF's) core matching engine, according to MTF officials.
Capacity Management: Voices from the Trenches
Today's complexity and enormously competitive requirements to predict and mange scale, quality of service (QoS) and cost, demand a new tooling discipline to truly transform the way we manage capacity, and to take it to the next level. Only by engineering…
Knight Quests for Rendezvous' Replacement
NEW YORK-Knight Capital Group is beta testing an internally developed messaging software that the firm plans to roll out later in the fourth quarter of this year to replace existing layers including its Tibco Rendezvous messaging layer, according to…
SunGard, Fidessa Add Global Equities Execution
NEW YORK-In the drive to meet growing client demand for trading on international markets from the U.S., SunGard and Fidessa have added capabilities to trade cash equities markets outside the U.S. to their respective order management systems (OMSes),…
MTFs Continue to Bank on EMCF
LONDON-Despite the forced acquisition of Fortis Bank Nederland by Dutch authorities, multilateral trading facilities (MTFs) relying on the European Multilateral Clearing Facility (EMCF), which is run by the bank, will continue regular operations,…