Trading Tech
Credit Crunch Drives HPC
NEW YORK-With the credit crunch tightening, the demand for high-performance computing (HPC) has been growing at a dramatic rate across the enterprise within the capital markets, say the authors of recent Microsoft-sponsored survey by Washington, D.C…
Low-Latency Investment Picks Up
LONDON-The low-latency game is attracting a broader range of players, including firms that are not typically speed-sensitive but that want to gain competitiveness, according to industry participants.
TSEC Preps for FIX Selection
TAIPEI-In plans to roll out a new FIX gateway during the first quarter of 2009, the Taiwan Stock Exchange (TSEC) has narrowed its choice to two potential providers, says exchange officials.
Trading, Latency and Risk Management Define Sifma 2008
NEW YORK-Neither a down market nor the year's first heat wave could keep financial technologist from this year's Technology Management Conference and Exhibit hosted by the Securities Industry and Financial Markets Association (Sifma) in Midtown Manhattan…
Open Source Cuts Hotspot FX Latency
JERSEY CITY, N.J.-Broker-dealer Knight Capital Group has reduced roundtrip times by two-thirds on its electronic foreign exchange (FX) venue Hotspot FX by switching to an open source FIX gateway, say ECN officials.
Bloomberg, Microsoft Build Mobile Data App
Bloomberg has developed a mobile-enabled software application that enables subscribers to its Bloomberg Professional terminals to access a sub-set of the terminal's data via any wireless application running Microsoft's Windows Mobile operating system.
Equiduct Set for July Launch
BERLIN-Trading on multilateral trading facility (MTF) Börse Berlin Equiduct Trading is expected to begin in July, MTF officials tell DWT .
Calyon to Open New IRD Channel
LONDON-The corporate and investment bank of the Crédit Agricole Group, Calyon, plans to launch a single-dealer portal for its interest rates derivatives (IRDs) and other fixed-income instruments, which should go live next year.
Hippies, Flying Pigs and Speed
After 28 Technology Management Conferences and Exhibits hosted by the Securities Industry and Financial Markets Association (Sifma), you'd think that they would start blurring together. This year's event at the Hilton New York in Midtown Manhattan,…
Fidessa Rolls Out Intelligent Liquidity Access
NEW YORK-In an effort to level the playing field for its clients, order management system (OMS) and market connectivity provider Fidessa has launched its Intelligent Liquidity Access strategy today, June 16.
Software Upgrade Halts Nordic, Baltic Trading
STOCKHOLM-Traders on the Nordic and Baltic exchanges found themselves cooling their heels twice last week as a trading platform upgrade halted trading on the Nordic and Baltic exchanges.
Sifma 2008: A Sneak Peek
Editor's Note: Although the theme of this year's Securities Industry and Financial Markets Association's (Sifma's) Technology Management Conference and Exhibit may be "Managing IT in Financial Services During the Credit Crisis," it hasn't deterred a…
Merrill Adds Prime Brokerage to RealTick
NEW YORK-Global financial firm Merrill Lynch has tapped execution management system (EMS) provider Townsend Analytics to provide its integrated electronic trading and prime brokerages services to its hedge fund clients, officials have announced today,…
Event Processing Tries to Lose its Complex
It's always sad when youngsters spread their wings and leave the nest. Even now, one of the market data industry's offspring, having gone through early years smothered with attention, through its teens filled with growing pains and no one understanding…
Fixnetix Offers Access to Hosted Skyler CEP Engine
UK-based direct exchange feed technology provider Fixnetix is offering hosted access to complex event processing technologies from Concord, CA-based vendor Skyler Technology, under the terms of a new partnership between the two vendors, officials tell…
Vhayu 'Squeezes' Data Storage
Tick processing and CEP software vendor Vhayu has rolled out a new component to its Vhayu Velocity solution that utilizes hardware technologies to reduce storage requirements, officials tell Inside Market Data .
SIFMA Showoffs
With so much competing for your attention at this week's Securities Industry and Financial Markets Association's annual Technology Management Conference and Exhibit, how can you be sure you are making the best use of your time? Over the following pages ,…
Retiring, But Not Shy
After 40 years at Interactive Data and its prior incarnations-including eight years at its helm-president and chief executive Stuart Clark recently announced his intention to retire next year. As he prepares to pass the tiller to his as-yet unidentified…
Savvis Expands Proximity Services
Network and hosting provider Savvis is broadening the proximity hosting capabilities currently offered at its Weehawken, NJ datacenter with the addition of similar services in Chicago and London.
What's Data Got To Do With IT?
Firms face a swathe of technology-related challenges-latency, capacity, hardware acceleration, benchmarking and complex event processing, to name but a few-with a myriad of potential solutions. Ahead of the Securities Industry and Financial Markets…
Tervela Creates Messaging Network, Adds Persistence
Hardware-based messaging provider Tervela will this week announce version 3.0 of its operating environment, which includes an expansion of its messaging technology and two new products for storage and extensible messaging.
Apama Cuts Platform Latency, Allies with Sun
Complex event processing software vendor Progress Apama will this week release version 4.0 of its Apama engine, and announce a development partnership with Sun Microsystems.