Inside Market Data - Vol 23 No 8

OILspace to Add LME Data

Web-based energy data and analytics provider OILspace will next month roll out quote and trade data for metals and plastics contracts traded on the London Metal Exchange to its OILwatch data portal.

Reuters Builds "Lite" Tool for Emerging Markets Data

Reuters has released a streamlined version of its Reuters Electronic Trading (RET) quoting and trading technology to allow Brazilian bond dealers to disseminate prices for and electronically respond to requests for quotes in fixed-income securities.

Brokers, Vendors Predict More Exotics, Credit Algos

In the wake of this year's sub-prime meltdown, fixed-income market participants are predicting that traders and investors will seek out new structured and derivative fixed-income instruments over the next year, while the more liquid asset classes will…

IDC Data Boosts Proquote TCA Service

The London Stock Exchange's Proquote data vendor subsidiary is expanding its Transaction Cost Analysis (TCA) service to cover European markets, using the PlusFeed consolidated datafeed from Interactive Data's Real-Time Services division.

Fidessa Plans 2008 Enhancements

Data and trading software vendor Fidessa will roll out improved capabilities to its US ticker plant to handle multicast exchange feeds, options data, and improved analytics.

Quant House Boosts US Presence

French low-latency data and trading technology vendor Quant House has opened a New York office and is looking to open another in Chicago before the end of the year to support existing US clients and the vendor's expansion plans in the region.

Crunching Credit Data's Hot Issues

The credit markets have taken a battering in recent months. However, there is renewed interest in fixed-income and associated credit instruments-from investors, dealers and regulators (which are monitoring rating agencies and also weighing mandatory…

StatPro Divestment Boosts Tenfore's US Expansion

UK-based data vendor Tenfore Systems is in the process of migrating up to 100 new clients in North America to its datafeeds and terminals, after taking on the real-time data clients of FRI, a Canadian data and investment management software vendor…

Reuters Names Post-Merger Management

Reuters chief executive-elect Devin Wenig last week named the team that will lead the Reuters division of Thomson-Reuters, once the merger of the two companies is complete.

Bringing Transparency to European Bonds-Part 2

A year ago, there were already suggestions that the trade reporting requirements of the Markets in Financial Instruments Directive-which came into force on Nov. 1-could extend beyond equity markets. Niteen Sharma, then compliance manager at bond trading…

MTS Revises Data Packages, Fees for '08

European bond trading platform MTS will change the way it packages and charges for data via vendors to introduce an "all-you-can-eat" model from the start of next year, officials tell Inside Market Data .

HSBC Cross-Asset Platform Grows Legs

HSBC is working on technology to price components of multi-leg trades and reduce "slippage" between derived or implied prices and prices at which a trade or hedge is executed, as part of a broader project to develop a cross-asset-class trading and…

LSE Glitch Sparks Price Confusion

A problem with the London Stock Exchange's Infolect data distribution platform that disrupted trading and data dissemination last week could prompt the market to review the way it derives end-of-day prices for exchange-traded stocks.

SuperD Adds Inflation Products to Pricing Platform

Derivatives data and pricing software vendor SuperDerivatives is adding support for inflation-linked securities and derivatives to its SD-IR interest rate derivatives pricing module in response to client demand for data to hedge inflation risk in fixed…

Data Consumers Still Struggle with Volumes

Rising market data volumes-resulting from new execution venues created in response to the Markets in Financial Instruments Directive and firms turning to emerging and niche markets to drive growth in higher margin businesses-continues to be the key…

Rating Agencies Face Brussels Probe

The Committee of European Securities Regulators last week outlined its timetable to review the role of rating agencies in the wake of this summer's credit crisis, responding to a request by the European Commission in September. This article from Credit…

No Time for Downtime (or Sub-Prime)

Having spent the last week complaining to anyone who would listen about missing luggage and a six-hour stopover in Heathrow Airport on my way back to the US, the glitch that disrupted trading and data distribution from the London Stock Exchange last week…