Trading Floor Technologies

StreamBase Opens Developers Sandbox

NEW YORK-Complex event processing (CEP) platform provider StreamBase Systems has built an online service that will allow financial industry IT developers to download and share reusable components in a global community, vendor officials announced today,…

TT Targets Proximity-Based Trading Strategies

NEW YORK-Multi-asset trading technology provider Trading Technologies International (TT) expects to add proximity-based strategies to a yet-named new product in its Strategy Engine (SE) product line.

Microsoft SQL Server to Gain Native CEP

NEW YORK-Software giant Microsoft expects to include its complex-event processing (CEP) platform as a standard feature in the next release of its Microsoft SQL Server line, due out before the end of the second quarter, DWT has learned.

Calypso Makes Regulatory Update to Workstation

SAN FRANCISCO-Calypso recently released an upgraded version of its front-office system, Calypso Workstation, version 11.1, to account for U.K. Financial Services Authority (FSA) liquidity regulations that took effect in December 2009.

Caplin Trader Update Courts High-Frequency Traders

LONDON-In order to keep up with the demands of high-frequency traders, Caplin Systems has rolled out a new directory structure that supports multiple parallel development streams for version 2.0 of its Caplin Trader Web client framework for its Caplin…

Banco Fator Deploys Low-Latency Architecture

São Paulo-Brazilian bank and brokerage Banco Fator Corretora has adopted the Progress Apama Algorithmic Trading Accelerator and Event Modeler systems from complex event processing (CEP) platform provider Progress Software in order to provide the broker's…

Latency Arms Race Turns to Pre-Trade Risk

NEW YORK-Sell-side firms that have focused too much on reducing their execution latency at the expense of reducing pre-trade risk-check latency may find they have fewer clients, as buy-side firms strive to synchronize the pre- and post-trade checks,…

Lightspeed Preps for Multi-Asset Algo Trading

NEW YORK-Low-latency execution broker Lightspeed Financial is paving the way to offer algorithmic trading in equities options and futures enabled by a backend consolidation between its Lightspeed Trader direct market access (DMA) and Lightspeed Gateway…

Thomson Reuters Takes Hosted RMDS Global

NEW YORK-Market data and trading platform provider Thomson Reuters imminently plans to complete the initial global deployment of the hosted version of its Thomson Reuters Market Data System (RMDS) with facilities serving the Tokyo and Frankfurt markets,…

Corvil Debuts Central Latency Monitoring

DUBLIN-Network latency monitoring vendor Corvil has incorporated a central management console and an appliance update with version 6.0 of its CorvilNet platform, according to vendor officials.

SunGard Delivers European DMA

LONDON-Targeting regional European broker-dealers who are having difficulty supporting connections to new European trading centers, SunGard has rolled out its high-frequency direct market access (DMA) offering, according to vendor officials.

StreamBase Updates CEP Platform

BOSTON-StreamBase Systems has released version 6.5 of its StreamBase complex event processing (CEP) platform, adding a trace debugger feature and upgrading its FX Data Aggregation Framework, officials tell DWT .

HSBC Takes DMA to the Gulf

LONDON-HSBC is now offering direct market access (DMA) to the Abu Dhabi Securities Market (ADSM) and Dubai Financial Markets (DFM), switching on its first clients last week, according to bank officials.

TMS Update Targets Real-Time Risk Management

CHICAGO-Trading platform vendor InfoReach has added a number of risk management features to the latest release, version 7.1, of its InfoReach Trade Management System (TMS), DWT has learned.

BoA Merrill Deploys Canada Market Cap Algos

TORONTO-Bank of America Merrill Lynch is rolling out enhancements to its algorithmic trading platform for Canadian equities, in the form of the Instinct and Quantitative Implementation Shortfall (QIS) algorithms that offer users the ability to better…

RediPlus Update Gains Bloomberg Link

NEW YORK-Users of Goldman Sachs' RediPlus execution management system (EMS) will see a tighter integration with the Bloomberg Professional service in the recently released version 9.1 of the trading platform, according to Goldman Sachs officials.

Thomson Reuters Debuts NewsScope Company Events

NEW YORK—Officials from market data and trading system provider Thomson Reuters announced today, Nov. 30, that the vendor has released Thomson Reuters NewsScope Company Events, its latest machine-readable news product.

29West Debuts Queuing Edition

NEW YORK—Messaging platform provider 29West has tightened the feedback loop between the front and middle office as well as shortened the trade processing cycle with its version 3.0 of its Ultra Messaging for the Enterprise (UME) Queuing Edition that…

CMA Releases Latin America Algo Engine

São Paulo—Brazilian trading platform, market data and network connectivity provider Consulting, Methods, Advisory and Mercantil (CMA) announced the general availability of its new CMA Algoritmos algorithmic trading engine for its CMA Trade Hub financial…

Cuttone Banks on Tech for Mini-Prime Status

NEW YORK-Introducing brokerage Cuttone & Co. has moved closer to the growing "mini-prime" brokerage model with its Global Prime Solutions (GPS) service, which provides agency execution and floor trading capability.

Swedbank Adopts Aleri for Liquidity Risk

CHICAGO-Officials from Stockholm-headquartered Swedbank announced today, Nov. 16, that the bank has selected complex event processing (CEP) platform provider Aleri's Liquidity Risk Manager (LRM) for risk management and to meet regulatory requirements.

Canadian Markets Prepare for High-Frequency Trading

TORONTO-Although dark liquidity and high-frequency trading are less prevalent in the Canadian markets compared to the U.S. and Europe, rule proposals from the country's securities regulators appear to be pushing leading Canadian trading venues to enhance…