Trading Tech
Tervela Offering Cuts Routing Latency
NEW YORK—Emerging from stealth mode today, Sept. 17, hardware-accelerated messaging vendor Tervela announced that it has helped an unnamed tier-1 bank achieve sub-millisecond order-routing latency, sources tell DWT .
Savvis Co-Lo Cuts Hedge Fund Latency
Network and hosting provider Savvis will this week unveil a proximity hosting service that enables trading firms to locate servers running their algorithmic trading systems inside the vendor's Weehawken, NJ datacenter, for low-latency connectivity to…
Speed Machines
Italian sportscar manufacturer Lamborghini unveiled its latest creation at the Frankfurt Motor Show last week—the fighter jet-inspired Reventon. The car goes from 0-62 mph in 3.4 seconds, and will empty your wallet even faster. Only 20 will be made and…
eSignal Adds to Desktop, Charting Apps
Interactive Data's Hayward, Calif.-based data and analytics subsidiary eSignal has released a trio of product enhancements for institutional and individual traders.
CTS Tech Migration Targets Scalability
The Consolidated Tape Association will migrate its CTS (Consolidated Tape System) feed to a new technology platform over the next month, allowing the CTA to increase the feed's capacity in a cost-effective way to deal with rising data rates, officials…
Vendors Prep MiFID Feed Handlers, Consolidators
Market data and technology vendors Fidessa, Wombat Financial Software and SIX are all readying new products for capturing and consolidating new sources of market data that will emerge as a result of the European Commission's Markets in Financial…
QuoteMedia Premieres QuoteStream Pro
Arizona-based market data, news and charting vendor QuoteMedia is preparing to release QuoteStream Pro, a data desktop product aimed at traders within broker-dealer firms, which will also provide seamless data integration between desktops and wireless…
TSE, NYSE Euronext Ramp Up Tech Alliance
TOKYO & NEW YORK—Global exchange operator NYSE Euronext plans to send a team of engineers to Tokyo to provide technical assistance to the Tokyo Stock Exchange (TSE) as part of an memorandum of understanding that the two exchanges signed at the beginning…
Industry Preps for Rocky Mifid Launch
LONDON—With less than two months left before the E.U.'s Markets in Financial Instruments Directive (Mifid) comes into force, there is still a high level of uncertainty in the industry regarding implementation of the regulatory requirements, concluded…
AIB to Deploy Eurobase Gateway
LONDON—Allied Irish Bank (AIB) is in the midst of deploying Eurobase's Siena Gateway product to distribute foreign exchange (FX) rates within the bank's branch network, say vendor officials.
Fidessa Launches Mifid Suite
LONDON—Fidessa has today, Sept. 17, launched a suite of products and services to help broker-dealers meet requirements set forth by the E.U.'s Markets in Financial Instruments Directive (Mifid), vendor officials tell DWT .
Panel: Options Gaining on Equities Automation
NEW YORK—The equities options market is quickly catching up with the equities market in smart order routing and the adoption of trading algorithms, according to participants of a panel discussion hosted by agency brokerage BNY ConvergEx in midtown…
Stanford Deploys Fidessa OMS
NEW YORK—Brokerage Stanford Group Co. has gone live with Fidessa's fully hosted trading platform as an order management system (OMS) for its U.S. operations, vendor officials tell DWT .
AMD Debuts Quad-Core Offering
NEW YORK—Processor maker Advanced Micro Devices (AMD) is launching an industry-wide rollout of the quad-core version of its Opteron processor, dubbed Barcelona, today, Sept. 10, vendor officials tell DWT .
Interactive Readies Direct Feed Phase 2
Interactive Data's Real-Time Services division is making preparations for the second phase of its DirectPlus direct exchange feed service, developed in partnership with network provider BT Radianz, for rollout around the start of next year, officials…
Sources: InfoDyne Explores Options
Chicago-based ticker plant and low-latency technology provider InfoDyne Corp. has approached other vendors and investment houses in a bid to attract new investors or partners to help grow the company, according to sources familiar with the situation.
When Is Data Not Data?
The recent trend towards socially responsible investing has seen a growing demand for data relating to non-financial criteria. Inside Market Data spoke to Tony Czarnecki, managing partner of UK-based consultancy Euro Business Management Limited, about…
CohesiveFT Deploys AMQP for Data, Preps FAST
Chicago-based integration provider Cohesive Flexible Technologies is working with broker-dealers and exchanges to implement the open-source Advanced Message Queuing Protocol (AMQP) for routing streaming data within their organizations and to third…
BEA Launches Virtualization Pricing
SAN JOSE, Calif.—Middleware provider BEA Systems has released its new per-instance pricing model for enterprise Java virtualization last week, say vendor officials.
Calyon Rolls Out Etrali Turrets in Asia
HONG KONG & TOKYO—Global investment bank Calyon Capital Markets is in the midst of installing 400 Mach 3D turrets from Orange Business Services (OBS) Trading Solutions, née Etrali, across Asia, vendor officials tell DWT .
InfoReach Debuts Web-based EMS
NEW YORK—Financial trading software vendor InfoReach announced the release of its light-weight Web-based execution management system (EMS), dubbed BrokerReach, today, Sept. 10.
Hi-mtf Takes FastTrade Matching Platform
MILAN—The new fixed-income and equities multilateral trading facility (MTF) Hi-mtf plans to use the FastTrade (FT) matching platform from Pisa, Italy-based financial software vendor List Group in preparation for the MTF's October launch, vendor officials…