Inside Market Data - Vol 22 No 45

Opra Mandates FAST Migration

The Options Price Reporting Authority will switch off its existing ASCII-format datafeed and distribute consolidated US options data using only the FAST (FIX Adapted for Streaming data) protocol as of Jan. 28 next year, to provide additional bandwidth to…

Dow Jones Talks Up News Corp. Buy

News Corp. chairman and chief executive Rupert Murdoch is expected to outline his company's plans for the businesses of Dow Jones at News Corp.'s financial results presentation this week, following the media empire's $5.6 billion acquisition of Dow Jones…

Fidessa Readies US Ticker Plant Upgrade

UK-based data and trading software vendor Fidessa is preparing to upgrade its US ticker plant to include enhanced data on US exchanges and new feeds from the Toronto Stock Exchange, officials tell Inside Market Data .

Reports Predict Costly Volume Rises

Market data volumes could increase by 900 percent over the next five years, largely driven by Reg NMS and the European Union's Markets in Financial Instruments Directive, with spend on data technology set to rise to $2.4 billion by 2009, according to…

NYSE Glitch Delays OpenBook

The New York Stock Exchange's OpenBook feed of real-time NYSE limit order book data experienced disruption and delays for more than an hour last Tuesday morning, July 31, as a result of an undisclosed software issue.

Tocom Raises Data Distribution Frequency

The Tokyo Commodity Exchange has increased the frequency of its market data distribution in response to market forces and client demand, reducing the interval at which it delivers snapshot prices via its member terminals from three seconds to one second.

ICE Wins Nymex Data Suit

The New York Mercantile Exchange last week expressed disappointment at the Second Circuit Court of Appeals' dismissal of its long-running lawsuit against the IntercontinentalExchange over use of Nymex price data.

Perfect Info Adds Indexing Tool for Sub-Prime Exposure

UK-based data vendor Perfect Information has launched a new indexing category within its Perfect Debt archive of fixed-income prospectuses and pricing supplements to help users search for collateralized debt obligations (CDOs) and collateralized loan…

SEC OKs Nasdaq Portal Despite Data Concerns

US regulator the Securities and Exchange Commission last week approved the launch of Nasdaq's Portal Market Trading System for Rule-144a securities, despite concerns raised by industry association the Securities Industry and Financial Markets Association…

OMX Prepares OTC Reporting Utility

Nordic exchange group and technology provider OMX will next week begin testing a new trade reporting service to help firms take advantage of changes to over-the-counter trade reporting requirements under the Markets in Financial Instruments Directive,…

Orc Plans Low-Latency Europe, Asia Market Data Connectivity

Swedish trading technology vendor Orc Software is planning to set up co-location facilities at exchanges in Europe and Asia, to provide low-latency market data to clients of the vendor's hosted Orc Liquidator algorithmic trading engine.

ICE to Double OTC Valuations Frequency

The Atlanta-based IntercontinentalExchange (ICE) is planning to provide more frequent valuations of long-dated over-the-counter forward swaps, options and exotic derivatives via its Market Price Validation (MPV) product for benchmarking and validation of…

Fair Game

Just in case you missed it, Rupert Murdoch's News Corp. last week gained the backing of sufficient members of Dow Jones' controlling Bancroft family to support a takeover of the company—or maybe you read about it in The Wall Street Journal or on your…