Trading Tech
FTEN Adds European Destinations
NEW YORK-Prime brokerage customers of direct market access (DMA) and trading technology provider FTEN can now provide their clients access to European venues, DWT has learned.
Icap Starts EBS Update
LONDON & SINGAPORE-Interdealer broker Icap plans to roll out new features on its electronic foreign exchange (FX) trading platform, EBS Spot, on Saturday, Nov. 22, according to Icap officials.
Special e-FX Wizards
As foreign exchange (FX) trading volumes continue to break records, DWT European reporter Cecilia Bergamaschi discusses the evolution of e-FX trading platforms with Saxo Bank's head of product management Brian Kelly.
Nasdaq OMX Sets January New Quote Launch
NEW YORK-Exchange operator Nasdaq OMX Group plans to launch its second U.S. protected quote on Jan. 6, pending approval by the U.S. Securities and Exchange Commission (SEC), according to officials.
E-trading Drives Institutional Adoption of Options
NEW YORK-Although retail clients have previously dominated U.S. equity options trading, institutional firms are beginning to take over the customer segment and will represent 57 percent of the client base by the end of 2009, according to a recent report…
Sungard Readies MicroHedge Release
NEW YORK- Traders of equities, index and futures options will have a more granular view of their trading risk as SunGard introduces intra-day decay tracking in the latest update of its options trading and risk management platform MicroHedge, according to…
CA Cheuvreux Prepares Internal Cross
NEW YORK-Clients of CA Cheuvreux will have another potential liquidity pool to tap as the agency brokerage arm of Crédit Agricole is in the process of rolling out its new internal crossing network, dubbed Blink, DWT has learned.
Finding the Secret Ingredient
It seems that my editor's letter in DWT 's recent latency special report ( DWT , Nov. 10) in which I discuss the trend of hiring IT staff outside from the financial verticals and what impact that would have for organizations has gotten some push back…
Instinet Takes CBX to Hong Kong
HONG KONG-Electronic agency broker Instinet is set to expand its CBX off-exchange liquidity pool for institutional investors to Hong Kong at the end of the month, officials tell DWT .
NYSE Euronext Sets Spring Launch
PARIS-Exchange operator and technology provider NYSE Euronext is set to launch a new market model for warrants and certificates, dubbed Spring, on Jan. 19, 2009, say officials.
BT Casts Ultra Net in Chicago
BT Global Financial Services is preparing to roll out an iteration of its Radianz Ultra Access network for the Chicago market that will provide ultra-low-latency connectivity between trading firms and exchange venues in the Chicago area, officials tell…
NextView Preps Japanese Terminals, Scanner Tool
Singapore-based data vendor NextView plans to launch a new data terminal product in the first quarter of next year, aimed at commodities traders in Japan, officials tell Inside Market Data .
SpryWare Debuts Quote Mitigation
Chicago-based ticker plant and low-latency data provider SpryWare will this week unveil a new component of its Market Information Server ticker plant, dubbed Quote Mitigation Technology, that enables clients to populate display applications with data…
Tenfore Upgrades Technology for Volume Growth
UK-based data vendor Tenfore Systems is upgrading its underlying technology platform to enable its TDX consolidated feed infrastructure to handle spiralling data volumes without needing to conflate any of the quote and trade data carried via the feed.
Attacking Latency at Its Roots
If there is one rule in trading in financial markets, it's that time is money. Latency is no longer a concern solely for the arbitrage shops-it has become an issue for firms across the spectrum. To discuss how firms can best optimize their systems to…
Brokerages on the Front Lines of Data Revolution
The trading of equities, fixed income and foreign exchange (FX) has become a lightning-fast world, one that gets a bit faster every day. Every month, it seems there are fewer traders waving their hands around on the floor of the stock exchange-much to…
Thomson Reuters, Savvis Partner in India
Thomson Reuters has partnered with network and hosting services vendor Savvis to provide direct datafeeds and proximity hosting to international trading firms seeking low-latency access to Indian equity markets, officials tell Inside Market Data.
UniCredit Taps Caplin, Reuters for e-FX
MILAN-As a cornerstone of its multi-asset e-commerce initiative, European bank UniCredit's market and investment banking (MIB) division has selected Caplin Trader from Caplin Systems and the Reuters Electronic Trading-Automated Dealing (RET-AD) platform…
Credit Suisse Expands FX Algos to Asia
Hong Kong-Following the launch of algorithmic trading in foreign exchange (FX) in North America and Europe earlier this year, Credit Suisse's Advanced Execution Services (AES) has recently expanded the capability to Asia, according to bank officials.
ICE Heats Up Options
Even as the financial crisis unfolds on Wall Street, customers are demanding innovation and functionality from over-the-counter (OTC) markets. DWT reporter Oksana Poltavets sits down with Edwin Marcial, CTO of the IntercontinentalExchange (ICE), to…
CQG Adopts Progress Apama for Advanced Ex
BEDFORD, MASS - Denver - headquartered futures charting and trading software provider CQG has announced today, Nov. 10, that it plans to deliver advanced execution capabilities on its platform using Progress Apama's complex event processing (CEP)…