Inside Market Data - Vol 23 No 14

'Smart' Bombs to Ignite Liquidity Explosion

As competition increases and European markets divide to serve different trader requirements, smart order-routing algorithms will not only become more widely used, but more sophisticated, and will need to capture and analyze data on not just prices, but…

E-Trading Trends to Drive Outsourcing Shift

As firms deal with rising volumes of low-latency data, expect hosted services to become more prevalent in 2008. By Don Finucane, vice president of product management and OTC data services, Interactive Data Real-Time Services

The Future of Algo Trading-Beyond Headlines

News-based algorithmic trading is moving from science fiction to working strategy. And 2008 promises continued growth as data becomes more robust, models become more sophisticated, and the number of applications increases. By Joe Lanza, vice president…

TSX Shelves Controversial Data Fees

The Toronto Stock Exchange has put on ice plans to charge data clients according to the number of servers running analytical programs that consume TSX data, after a frosty response to the proposed fees from end-user firms.

Technology for Navigating the Perfect Data Storm

Reliance on legacy messaging solutions in the face of rising volumes and other market forces and technology drivers is creating a Perfect Storm that threatens to flood messaging infrastructures. By Barry Thompson, founder and chief technology officer,…

Reuters Buys Gissing for Contributions Tech

Reuters has entered into an agreement to acquire UK-based market data contribution technology vendor Gissing Software, to update its own technology components for contributing data to Reuters' data infrastructure and network. The deal is expected to…

Algos Face Fragmentation, Complexities in '08

Algorithmic trading and smart order-routing applications will need to balance market data from multiple venues with clearing and settlement data, post-MiFID. By Bob Fuller, non-executive director at Fixnetix, and former chief executive of Equiduct.

FISD Outlines Industry Challenges for 2008

As the FISD and its members look forward to the challenges of 2008, two issues stand out for their importance and complexity-entity identification and data piracy and misuse. While seemingly unrelated, these two issues are united by a common thread:…

London Stock Exchange Spells Out 2008 Priorities

With exchange mergers focusing efforts on integration, the London Stock Exchange sets out the data and technology projects that will be most relevant to customers in 2008. By David Lester, chief information officer, London Stock Exchange

Activ: Low Latency to 'Get Real' in 2008

In 2008, the data industry must heed the ghosts of Christmas past if it is to prevent history from repeating itself and deliver cost-effective latency reduction. By Shawn Kaplan, business development manager, Activ Financial

Trading Evolution Drives Tech Facelifts

Delivery Technologies-As trading becomes more automated and algorithmic, the relationship between market data and technology has become ever more tightly intertwined, and is driving greater focus on latency, new data inputs and struggling legacy…

Exchanges Must Seek 'Intellectual' Innovation

In the face of competition from their members and a consolidating market, exchanges need to answer end-user issues while also coming up with the Next Big Thing-or "Next Big Think." By Rafah Hanna, head of data at MTS

Aite: Data Tech Spend to Rise

New research from financial technology consultancy Aite Group is predicting a rapid rise in spending on high-performance market data infrastructures over the next three years, from $4.9 billion in 2007 to $7.8 billion by the end of 2010.

SICOM Plans Data Overhaul

The Singapore Commodity Exchange (SICOM) is replacing its market data system to enable the exchange to handle greater data volumes and to introduce new data services this year.

Financial Information Forum: Ask the Audience

Growing competition among trading venues for the grand prize of market share is expected to highlight capacity issues and symbology changes during 2008. By Jeff Wells, co-chair of the FIF Market Data Capacity Working Group, and vice president of product…

Ipreo Sells Hemscott Arm to Morningstar

Ipreo has sold its Hemscott fundamental data and investor relations Web development businesses to Morningstar, a research and data vendor focused on equities, mutual funds and other investment products for $51.6 million in cash.

Innovation to Combat Fragmentation

Exchange Watch-Following a year of consolidation, exchanges face growing challenges from rival ECNs and their own customers, who are forming utility-style venues for traditional exchange functions such as trading and reporting.

Execution Venue Competition, Post-MiFID

Despite a host of potential new European trading venues and data sources created as a result of MiFID, it may prove hard for new markets to grab share and create value. By Paul Pickup, director, Trading Technology.

CESR to Weigh Rating Agencies' Responses

The Committee of European Securities Regulators (CESR) last month published rating agencies' responses to a recent questionnaire that forms part of its probe into the role of agencies in rating structured finance securities, such as the sub-prime…

Welcome Back... and Welcome!

I was fortunate to be invited to spend the holidays this year in the company of friends in the San Francisco area. On Christmas Day, I was presented with a gift marked "from Satan." A typo, I wondered? Is Santa dyslexic? Sadly no-the gift that emerged…