Inside Market Data - Vol 23 No 15

Credit Challenges Remain in 2008

Content Focus: CREDIT-The credit markets faced a major setback last year in the sub-prime crisis, which created the still-ongoing credit crunch. Yet experts believe there remain opportunities for the market to rebound in 2008.

News Consumers in Search of Better Search

The way that traders obtain news and other information is changing as mainstream news becomes a commodity and end-users seek out niche sources and ways to customize content.

Post Credit Crunch, Investors Eye New Ratings

With credit ratings taking a battering in the wake of the sub-prime crisis, investors are seeking additional inputs and ways to better rate the ratings themselves. By Audit Integrity chief executive Jack Zwingli, and chairman and founder James Kaplan

Research's Technology Revolution

Just as technology improved the management of trade orders between the buy side and sell side, new research tools and protocols are starting to solve communication and management problems between buy-side research consumers and sell-side providers. By…

Investment Alternatives Drive Index Demand

As investors look for new markets and investment strategies, development of new indexes will help them diversify their assets. By Jerry Moskowitz, president, FTSE Americas

Turquoise to Waive Data Fees at Launch

Project Turquoise, the European multilateral trading facility formed by a consortium of nine broker-dealers, plans to make its quote-and-trade data available free of charge when the platform goes live later this year.

Mashing Up Wall Street

Financial firms are finding commercial uses for formerly "social" technologies as cost-effective and direct tools for collaboration and communication. By Penny Herscher, president and chief executive, FirstRain

FTSE Takes Over Enviro-Tech Index, Relaunches Straits Times

Index provider FTSE will this week confirm that it has begun calculating and disseminating index data on the ET50 index of the 50 largest environmental technology companies, which it took over from investment manager Impax Asset Management at the end of…

Research Faces 'Consumer' Revamp

Research & Commentary-The research industry is in a state of flux, with numerous trends contributing to the pace of change. Michael Mayhew of Integrity Research Associates predicts that buy-side firms will increasingly internalize research generation and…

Regulation Key to China's Data Market Development

Many are betting on the Chinese market to deliver new sources of alpha. But will the Chinese authorities implement the changes required to make 2008 the year of the dragon? By Keiren Harris, independent consultant

New Inputs Set to Gain Traction

Ratings & Indexes-As profits from established markets become harder to come by in highly competitive environments, index providers are developing more products to provide low-risk exposure to high-yield markets and sectors, as Jerry Moskowitz of FTSE…

Indexes to Drive Credit Counter-Attack

With the credit crunch threatening to spark a recession, investors may turn to indexes to provide the data quality and tools required for pricing and hedging credit instruments in 2008. By Stephan Flagel, managing director, Markit

Re-thinking Research

In a precarious investment environment, the hunt for alpha may force Wall Street to take a leaf out of other research areas. By Kevin E. O'Brien, president and chief executive, Revere Data

AXE Preps Q1 Launch with BT Proximity

AXE, an Australian ECN set up jointly by the New Zealand Exchange, Citigroup, CommSec, Goldman Sachs JBWere, Macquarie Bank and Merrill Lynch in 2006 to provide competition for trading and reporting in Australian Securities Exchange-listed stocks, will…

Ranking Alpha-Applying Ratings to Research

An increasing focus on customized, quantitative research as a source of alpha is set to change the way that research is provided and rated in 2008. By Kei Kianpoor, chief executive, Investars

Asia-Pacific Set For Message Volume Explosion

As the Japanese market recovers and exchanges increase system capacities, trading firms in the region-even those not directly concerned with low latency-must brace themselves for US-style increases in message traffic. By Sang Lee, managing partner, Aite…

Deutsche Börse Revamps Data Policy

Deutsche Börse will this year implement a new fee policy for firms that use the exchange's real-time data to generate derived values such as indexes, risk and portfolio analytics, and for use within non-display applications such as algorithmic trading…

Latency, DMA Drive Asia-Pac Exchange Evolution

Direct market access and algorithmic trading demands from overseas firms are forcing the pace of change among exchanges in Asia-Pacific. But will they be able to keep up with their Western rivals? By Richard Man, head of Radianz sales for Asia-Pacific,…

Credit Markets Face 10-Year Itch

Recent high demand for data on the credit markets and their derivatives could face a spoiler in the form of the underlying markets following 2007's credit crunch. Steve Miller, managing director of Standard & Poor's Leveraged Commentary & Data business,…

Integrity's Investment Research Forecasts

Changes in the way that investors use, receive and pay for research are prompting growing numbers of commentators to express concerns about the outlook for the investment research industry, as buy-side firms focus on generating more research in-house. By…

Yipes Deploys PoPs in Europe

San Francisco-based Ethernet network provider Yipes Enterprise Services has bolstered its presence in Europe with the addition of two new points of presence (PoPs) in London and Frankfurt.

Fitch Revamps Search Engine

Fitch Ratings has rolled out a revamped search engine for accessing the rating agency's archive of research reports online, officials tell Inside Market Data .

Credit Markets' Electronic Evolution Gathers Steam

With more firms trading fixed-income securities and derivatives electronically, and an expanding range of products making the leap to electronic trading, the market will require multi-asset transparency solutions. By Robert MacLeod, chief executive,…

Asia-Pacific in Hot Pursuit of West

ASIA-Three of the key trends of the US market last year-latency, regulation and data volumes-will emerge as key drivers of market development in the Asia-Pacific region this year, experts say, signaling that the Asian markets are fast catching up with…

Will "Caring" Exchanges Prevent Flight to MTFs?

We've barely begun 2008, yet already our front page is filled with news from the participants in what will be one of the key battlegrounds for this year-the struggle for trading volumes between exchanges, ECNs and new, multiple dealer-backed venues,…