Trading Tech
SIFMA Showstoppers
The annual trek around the SIFMA Technology Management conference's exhibition halls has become a pilgrimage for many. To save the wear and tear on our readers' feet, Inside Market Data presents a comprehensive list of exhibitors within our space, to…
IDC's Analytix Direct Bows in US
Interactive Data is rolling out its Analytix Direct risk analytics system to the North American market, to address data consolidation and region-specific risk factors.
Coral8 Release Anticipates CEP Uptake
At the end of June, complex event processing software vendor Coral8 will release version 5.0 of its Coral8 Engine, which features updates designed to enable early adopters of CEP technology to expand their usage across multiple applications, officials…
Orc Launches FAST Data Integration App
Swedish trading technology and market data vendor Orc Software will launch a new application, dubbed CameronFAST, to support data transfer using the bandwidth-reducing FAST (FIX Adapted for Streaming data) protocol at this week's SIFMA show.
Gissing Adds Speed, Functions To ConteX Contributions Tool
UK-based data technology vendor Gissing Software will launch the latest release of its ConteX data contribution platform at this week's SIFMA conference, with a new underlying data model to increase throughput and reduce latency, and a new scripting…
Exegy Update Boosts Performance
St. Louis-based data technology provider Exegy has released version 1.2 of its hardware-based ticker plant appliance, which can accommodate greater throughput volumes at lower latency, officials say.
Icap Upgrades
It's never a dull moment in the world of the inter-dealer community as firms integrate voice- and electronic-trading businesses in order to maintain their positions within the competitive landscape. DWT editor Rob Daly sat down with Icap's Global CIO Jay…
LSE Takes TradElect Live
LONDON—TradElect, the London Stock Exchange's (LSE's) new trading platform, has gone live today, June 18.
BNY ConvergEx Launches EMS
NEW YORK—Global agency broker BNY ConvergEx announced that it has added execution management system (EMS) functionality to version 5.7 of its Eze Castle order management system (OMS), vendor officials announced last week.
GigaSpaces Releases Middleware Platform
LONDON—Grid computing vendor GigaSpaces Technologies announced the version 6.0 release of its Space-based architecture platform under its new name, eXtreme Application Platform (XAP), during its first European user conference last week.
GS, CS See Algo Growth in Asia
HONG KONG—Although Asia has been a late joiner to the game of algorithmic trading, the region is seeing rapid adoption of the technology due to increasing buy-side demand and larger and more sophisticated trades, which in turn are spurring greater…
Report: Time to Redefine FX Liquidity Management
LONDON—When it comes to liquidity management for foreign exchange (FX) trading, banks are in need of a radical overhaul of their liquidity management systems, according to a whitepaper released today by London-based research and advisory firm…
WestLB Outsources Data Hosting to Reuters
LONDON—German bank WestLB has migrated its market data infrastructure to a solution supported by Reuters, which is now hosting the bank's Reuters Market Data System (RMDS) data backbone and all data feed connectivity at BT Radianz sites in London and…
SIFMA 2007: A Sneak Peak
Editor's Note: It may be sporting a new name this year, but the Securities Industry & Financial Markets Association's (Sifma's) Technology Management Conference is upon us. This year's theme of "Tech Be Nimble, Tech Be Quick" is expected to draw over 500…
Dubai Exchange Braces for Growth
DUBAI—After having to delay its first day of trading for one month due to regulatory clearing arrangements, the Dubai Mercantile Exchange (DME) is in full production.
The Mustang or the Minivan?
Let's face it: minivans just aren't sexy. Sure, they have seating for your entire extended family, cargo space the size of a small basketball court, and enough hidden stowage to get lost in, but they won't turn heads the same way as the open-top Mustang…
Chi-X, ICMA Partner for Regulatory Reporting
Chi-X last week announced a transaction reporting service that uses the International Capital Market Association's Trax2 reporting system. The service is already in the final stages of testing with one firm, and is expected to go live by the end of June.
Skyler Enlists Tervela to Cut Latency
Skyler Technologies, a Walnut Creek, Calif.-based provider of order book aggregation and trading software, will this week announce an agreement with hardware-based messaging technology vendor Tervela, to reduce system latency by combining their feed…
FirstRain Adds Global Info
Research software provider FirstRain will this week unveil a new release of its FirstRain Financial application for asset managers that includes data on global markets as well as just US equities, officials tell Inside Market Data . The new version will…
Vendors Win B-Pipe Status; B-POD Still Under Wraps
Wombat Financial Software will this week announce that its feed handler to support Bloomberg's B-Pipe broadcast datafeed has been awarded platinum status by the vendor, making it the third software provider in six days to achieve the certification.
Data Volumes Prompt SFTI Upgrade
NYSE Euronext is putting the finishing touches to a major upgrade to SFTI (the Secure Financial Transaction Infrastructure), its industry-mandated network for market data distribution and order routing, to cope with increased data traffic and…
Chi-X Targets FAST Feed by Year-End
Chi-X, the MiFID-inspired alternative trading system set up by broker Instinet, plans to introduce a new datafeed based on FAST (FIX Adapted for Streaming data) compression algorithms by the end of this year, officials say.
Detica Signs Kx to Support FSA's Sabre II
UK-based technology consultancy Detica is using Kx Systems' kdb+ database to store and query multiple terabytes of real-time and historic data as the basis of the Sabre II market monitoring system that Detica is building for UK regulator the Financial…