Trading Tech
Cornhill Asset Management goes live with Fidessa ETW
Cornhill Asset Management, a London-based boutique brokerage firm specialising in private equity and initial public offerings (IPOs), has implemented Fidessa's European Trader Workstation (ETW).
Laws of attraction – Institutional capital flowing into the hedge fund industry comes at a price – investors expect operational transparency and industry accepted best practices when it comes to risk management. Victor Anderson outlines how funds in the F
Risk management disciplines across the buy side have traditionally ranged from relatively sophisticated - relative that is compared with sell-side organisations - to downright rudimentary. But that is set to change, especially in the Far East where funds…
Trade processing costs press the need for buy-side aggregation tools
Stewart Eisenhart analyses a recent Riskmetrics report suggesting the techniques and technologies that buy-side firms could deploy in order to potentially avert future valuation crises such as the current sub-prime mortgage melt down unfolding in the US.
Derivatives altering buy-side portfolio system requirements
The market for buy-side portfolio systems is expected to total $2.67 billion by 2010 as Asian and European-based buy-side firms' operational and technology requirements increase, and as managers generally extend their use of over-the-counter derivative…
Colt to Expand Proximity Hosting Data Service
LONDON-Infrastructure and network services provider Colt Telecom is planning to expand its proximity hosting services to include datacenters in London, Madrid and Milan, and will eventually utilize all of its 16 datacenters in 10 countries across Europe…
Colt to Expand Proximity Hosting Data Service
Infrastructure and network services provider Colt Telecom is planning to expand its proximity hosting services to include datacenters in London, Madrid and Milan, and will eventually utilize all of its 16 datacenters in 10 countries across Europe to…
Société Générale Takes Risk to Grid
PARIS-The Corporate and Investment Banking (CIB) division of French banking giant Société Générale (SocGen) has moved its credit risk calculations onto the bank's grid computing environment powered by Platform Computing's Symphony solution, vendor…
Börse Berlin Acquires Equiduct
BERLIN & London-German regional exchange Börse Berlin is set to buy a majority stake in pan-European market operator Equiduct, DWT has learned.
Nasdaq, Börse Dubai Enter OMX Pact
STOCKHOLM-The Nasdaq Stock Market and state-run Borse Dubai announced a deal last Thursday to join forces and acquire exchange operator and technology provider OMX.
Panel: Fragmented Europe Drives Latency Focus
Growing data volumes arising from the emergence of new markets in Europe will increase the use of technology to automate parts of the trading process and prompt a greater focus on latency in the region, according to an industry panel hosted by Colt…
RTI Enlists Coral8 for CEP-Enabled Middleware
Real-Time Innovations, a Santa Clara, Calif.-based provider of real-time messaging middleware has licensed software from Mountain View, Calif.-based complex event processing (CEP) vendor Coral8 to boost the CEP capabilities available as an integrated…
Lack of Expertise Hampers FPGA Use
Hardware-accelerated solutions provide the best hope of dealing with high volumes of market data at low latencies, but may suffer because of the industry's current lack of experience and expertise with the new technologies, according to a conference…
Looking for America
As investment banks look to expand in emerging markets, DWT U.S. reporter Oksana Poltavets sits down with Fimat Group's North American managing director for equities Douglas Engmann to discuss what the coming year has in store for wholly owned subsidiary…
Panel: Watershed Moment for Trading
LONDON-The trading environment is on the eve of tectonic changes due to new technology and regulations, as well as increasing competition, say investment bank and exchange officials, who spoke during a roundtable hosted by networking vendor Colt Telecom.
Icap Enters Second Phase of Reuters Rollout
HONG KONG-Interdealer broker Icap is in the midst of its second phase of deploying the Reuters Market Data System (RMDS) in its Asia-Pacific offices. The latest phase consists of backend development for sharing data between Icap's core data platform and…
Chicago Board of Trade Suffers E-Trading Snag
CHICAGO-Electronic traders using the Chicago Board of Trade's (CBOT's) e-cbot trading platform experienced a two-hour trading halt on Wednesday, according to exchange officials.
Cisco Launches Faster UDP Lookalike
Routing and networking technology provider Cisco Systems will this week announce a new software product dubbed DAL (Datagram Acceleration Layer), designed for use with InfiniBand networking within low-latency data platforms and automated trading…
Tervela Unveils Messaging Appliance, Feed SDK
Tervela, a provider of hardware-based messaging infrastructures, will next month release a software development kit (SDK) that trading firms can use to develop feed handlers for capturing and normalizing data from incoming feeds for distribution over…
Tenfore Preps Low-Latency Ticker Offering
UK-based data vendor Tenfore Systems plans to license the ticker plant technology that it uses to collect and normalize data for its own consolidated feed to trading firms for use in low-latency applications.
Capis Rolls Out Hosted Fidessa
DALLAS—As part of a major technology upgrade, agency brokerage Capital Institutional Services (Capis) is in the midst of decommissioning its internally developed equities trading platform and deploying a fully hosted solution from order management system…
Savvis Launches Co-location Service
NEW YORK—IT infrastructure provider Savvis is looking to aid prime brokers and their buy-side clients with the introduction of the vendor's new Proximity Hosting service, which was announced today, Sept. 17.