Trading Floor Technologies

Panopticon Eyes EX Update

LONDON-Data visualization platform provider Panopticon Software expects to release version 5.3 of its Panopticon EX offering on Nov. 5 with a quick followup release of version 5.4 of its Panopticon Developer (PD) software development kit (SDK) on Nov. 23…

BT Preps New Soft Turret

LONDON-Three unnamed investment banks and brokerages are pilot testing iTrader, an open-standards collaborations platform from telecommunications giant BT, which is slated for general availability by the end of the year, DWT has learned.

Interactive Brokers Readies Mobile Trading Release

GREENWICH, CONN.- Traders who use Apple iPhones will be able to step away from their desks as prime broker Interactive Brokers (IB) is preparing to launch an iPhone-enabled version of its Trader Workstation (TWS) trading front end, dubbed iTWS, brokerage…

Chi-Tech Adds FTEN To MarketPrizim

LONDON-Officials from trading infrastructure provider Chi-X Global Technology (Chi-Tech) announced today, Sept. 7, that the vendor has integrated pre-trade risk management and high-frequency execution capabilities from FTEN into its low-latency trading…

Cognitive Capital Takes Orc for Low Latency

NEW YORK-Chicago-headquartered proprietary trading firm Cognitive Capital has selected FIX protocol connectivity and risk management tools from trading platform and market connectivity provider Orc Software, officials announced today, Aug. 31.

SEB Gird for Nordic Fragmentation

STOCKHOLM-As the Nordic markets continue to fragment, Swedish bank Skandinaviska Enskilda Banken (SEB) has put a number of projects in place to deal with the new market structure and to prepare for the introduction of a central counterparty clearing (CCP…

Caplin Upgrades Web-Based Application

LONDON-Data and trading technology vendor Caplin Systems is launching a new version of its Web-based trading application Caplin Trader with support for version 3.5 of the FireFox Web browser and enhancements to the user interface, say officials.

‘Integration' Key Driver In Vhayu Buy

NEW YORK-Thomson Reuters has acquired real time-enterprise tick data technology provider Vhayu Technologies in order to achieve better integration between the two vendors' product sets, officials from both vendors say, declining to disclose the financial…

TradeHelm Prepares White-Label Deals

CHICAGO—High-frequency trading environment provider TradeHelm is in the midst of a number of white-label deals for its ACTrader platform, DWT has learned.

Bloomberg Debuts 3G B-Smart Auto Algo

NEW YORK-Trading system and market data provider Bloomberg recently introduced the third generation of its B-Smart Auto trading algorithm, which allows users to automatically set how aggressively they want their trades executed.

TT Readies Exchange Gateway Betas

CHICAGO-Derivatives trading platform provider Trading Technologies International (TT) expects to go live with gateways to Icap's EBS foreign exchange (FX) trading venues and the London MetalsExchange (LME) by the end of the quarter, according to…

Orc Software Readies Orc Trading Beta

LONDON-Trading platform and market connectivity provider Orc Software will start beta testing the latest version of its electronic trading platform, Orc Trading, in the next few weeks, in preparation for an October launch, according to officials.

Portware Readies New Options Front End

NEW YORK-Execution management system (EMS) provider Portware is currently testing a new options front-end trading system, dubbed Portware Options, slated to be released between the end of the third quarter and the beginning of the fourth quarter this…

IP Trade Expands Asia Business

NEW YORK-In order to expand its business into new markets, Internet protocol- (IP)-based trading communications platform provider and turret vendor IP Trade will open a new office in Asia later this summer, DWT has learned.

Alpes Broadens Apama CEP Use for Risk

SÃO PAULO-To aid in its entrance to high-frequency trading on the Brazilian BM&FBovespa electronic exchange, local broker-dealer Alpes Corretora de Câmbio, Títulos e Valores Mobiliários plans to develop post-trade risk management strategies using complex…

Citi Adopts TradeSmart, Sunsets LavaX

NEW YORK-Global banking giant Citi has chosen to replace its internally developed single-stock LavaX execution management system (EMS) in favor of deploying the hosted multi-asset class TradeSmart platform from EMS provider TradingScreen.

Algorithmics Enhances Real-Time Risk Product

TORONTO-Financial risk management software provider Algorithmics is preparing to launch a new version of its Counterparty Credit Risk product, with enhancements in real-time risk management, in October this year, officials tell DWT .

UNX Readies Catalyst EMS Release

NEW YORK-Agency broker and technology provider UNX will go live with its new hosted broker-neutral execution management system (EMS), dubbed Catalyst, within a month, DWT has learned.

Ullink Expands Market Coverage via BGC Link

PARIS-Traders seeking more liquidity in credit and foreign exchange (FX) products can now access interdealer broker BGC Partners' eSpeed trading platform and the nascent ELX Futures exchange using a new gateway application programming interface (API)…

Progress Software Adds Lime as Destination

NEW YORK-Users of the Progress Apama Algorithmic Trading platform can now route their execution strategies through agency brokerage Lime Brokerage, according to Progress Software and Lime officials.

Tradewire Adopts SunGard Liquidity Services

MIAMI-Institutional and private trading broker-dealer Tradewire Securities, which focuses on U.S. and Latin American markets, has selected the correspondent clearing and liquidity services tools from financial technology software and services provider…

Aleri, Correlix Enter Latency Pact

NEW YORK-To provide customers using a complex event processing (CEP) engine with latency information and monitoring tools, real-time network latency monitoring platform provider Correlix and CEP technology vendor Aleri have formed a joint alliance,…

Panel: Algo Adaptability a Must

LONDON-As electronic trading continues to grow and expand to new markets, industry participants predict that algorithms will become more sophisticated and will be able to cope with adverse conditions more easily, according to industry insiders.