Inside Market Data - Vol 23 No 27

Turquoise Unveils Pricing, Test Schedule

European multilateral trading facility Turquoise last week unveiled preliminary fee levels that it plans to charge for its feed of quote and trade data, after a one-year fee waiver that will apply from when the trading venue goes live in August this year.

Capital IQ Integrates FirstRain Company Data

The Capital IQ division of Standard & Poor's has integrated Web-sourced content links from buy-side search technology provider FirstRain into its research platform, to provide portfolio managers and buy-side research analysts with access to key…

Activ Financial Builds London Hub for UK Exchange Data

Chicago-based low-latency data and ticker plant provider Activ Financial has set up a datacenter in London to locally collect direct feeds from UK exchanges, in preparation for a broader program of sourcing European low-latency data and targeting…

Edgar Online Mulls XBRL Tags for Funds

Company filings and data provider Edgar Online is working on a project to apply XBRL (Extensible Business Reporting Language) tags to mutual fund information, to enable investors and asset managers to more easily compare information across multiple funds…

Pioneer Expands TheMarkets.com Rollout

Dublin-based asset manager Pioneer Investments plans to deploy TheMarkets.com's equity and fixed-income research platform for investment staff at offices in Eastern Europe, in an ongoing rollout of the vendor's platform as part of an internal research…

Users: Budget Squeeze Hits Data

Data managers are being forced to consider alternative vendors for data services, as a result of economic pressures that are causing banks to tighten budgets, according to a panel of end-users at last week's Amsterdam Financial Information Summit.

Santander Plans Data 'Service Center'

Spanish banking group Santander is planning to create a global service center for IT and operations, covering market and reference data, to establish service benchmarks and define roadmaps for future data usage, officials say.

Nasdaq OMX Readies European ITCH Feed

Nasdaq OMX will this month roll out a test version of a new datafeed that will carry market data from the exchange group's planned multilateral trading facility, dubbed Nasdaq OMX Pan-European Market, officials tell Inside Market Data .

Challenges, Opportunities in Volume Rises

The impact of algorithmic trading and new venues created in response to the Markets in Financial Instruments Directive is expected to generate a flood of new market data across Europe, but may result in more competitive markets and adoption of newer,…

SpryWare Launches Order Book Manager

Chicago-based low-latency data and ticker plant provider SpryWare has begun rolling out to clients a new order book management product, dubbed Depth Plus, which enables firms to more cost-effectively build market display applications, officials say.

Vendors Respond to New Demands

Data providers are feeling the heat from rising data volumes, demand for lower latency and value-added services, as well as increased competition from new, niche providers and market venues, according to a panel of vendor executives.

AXE Targets ASX With Free Data

The AXE ECN, a trading platform being set up by the New Zealand Exchange and major broker-dealers to compete with the Australian Securities Exchange, will waive fees for its market data at launch, officials tell Inside Market Data .

Gliding on the Wind of Change

Having spent three years covering the US markets, last week's inaugural Amsterdam Financial Information Summit helped me better understand some of the differences-and similarities-between how the US and European markets are adapting to change.