Articles by Rob Daly
Verticlear Debuts Back-Office Trade Compression
IRVINE, CALIF.-Looking to the middle- and back-office needs of second- and third-tier Canadian broker-dealers, startup vendor Verticlear announced the availability of its portal-based Cross-Market Trade-Compression reporting tool today, March 15.
GTX Girds for Algo Trading Traffic
NEW YORK-Gain Capital, operator of the GTX foreign exchange (FX) ECN, expects to see an uptick in algorithmic trading as complex event processing (CEP) platform provider StreamBase Systems announced the availability of a GTX adapter for the vendor's CEP…
Lime Branches Out
The growth in high-frequency trading (HFT) is about to bear fruit for New York-based agency broker Lime Brokerage as HFT firms continue to sprout up across the industry.
Lowering the Bar to High-Frequency Trading
Low-latency trading infrastructure is a must for high-frequency trading, but the costs and knowledge required to optimize and maintain it have kept it out of the hands of most firms. DWT sits down with Dave Malik, director of solutions architecture in…
IPC Upgrades South African Footprint
NEW YORK-Trading communications platform vendor IPC Systems expects to see an upswing in electronic trading in the South African market as it nears the completion of the deployment of a new delivery mechanism for IP-based voice and message traffic,…
Ancerno Debuts Web-based Trade Compass
NEW YORK-Transaction cost analysis (TCA) tools and consulting services provider Ancerno is nearing its first major milestone of moving its entire TCA offerings to the Web, vendor officials announced today, March 1.
It's Back
After the U.S. Securities and Exchange Commission (SEC) repealed the "uptick" rule in 2007, I remember asking a CTO of one of the major market-makers at the time if we would ever see its return. I didn't realize the floodgates I was opening. He went on…
Exchanges Gear Up to Comply with Uptick Rule
NEW YORK-Major U.S. exchanges say modifying their trading systems to comply with the recent changes to limit short selling by the U.S. Securities and Exchange Commission (SEC) will be a coordinated effort and should be completed by the end of the year.
Paremus Adds Clients with Low-Latency Messaging
LONDON-Two unnamed global investment banks plan to have pilot implementations of the OSGi-based Paremus Service Fabric (PSF) from Paremus up and running this spring, vendor officials tell DWT .
Keeping an Eye on the Prize
I must apologize in advance to all theoretical physicists out there, but I recently heard a wonderful joke. A dairy owner is trying to figure out how to maximize his milk production so he writes to the smartest man he knows-his brother, the theoretical…
Icap Revamps Global Messaging Architecture
NEW YORK-As part of a broader infrastructure initiative intended to establish a services framework atop a high-performance low-latency messaging infrastructure, Icap Electronic Broking (IEB) is in the midst of deploying a global network of message…
Options IT Expands London Footprint
LONDON-Infrastructure-as-a-service (IaaS) provider Options IT has rounded out its connectivity offering for firms seeking to trade in the London-based markets with the deployment of its Options Pipe infrastructure in datacenter host Interxion's City of…
Thomson Reuters Steps into DMA with Aegisoft Buy
NEW YORK-Thomson Reuters has filled out its trading platform portfolio with the recent acquisition of execution management system (EMS) provider Aegisoft.
Omega ATS Adds New Backer
TORONTO-Financial services advisory firm Tactico has purchased approximately a 25 percent interest in Canadian alternative trading system (ATS) operator Omega for an undisclosed sum.
Tying Down the Cloud
Maybe it's me, but in all the discussion around the adoption of cloud computing, one topic has seemed to escape comment: How does cloud computing reconcile itself with the physical requirements of the trading world?
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.
