Tanzeel Akhtar
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Articles by Tanzeel Akhtar
TSE Arrowhead Targets Algo Flow
The operators of the Tokyo Stock Exchange (TSE) began this year with the deployment of a next-generation equities matching engine, Arrowhead, for equities trading. DWT European reporter Tanzeel Akhtar speaks with Yoshinori Suzuki, senior executive…
Algo Technologies Launches First Deliverables
LONDON-Trading infrastructure start-up Algo Technologies has debuted its new matching engine offering today, April 19, officials tell DWT .
Trayport Docks Gateway System at CME Globex Markets
LONDON-Commodities trading system provider Trayport is launching a new connectivity option to certain CME Globex markets in its Trader Gateway system by incorporating systems from Australian trading infrastructure provider Object Trading, officials tell…
Interxion Stockholm Center Key to Lower Latency
Stockholm-European datacenter provider Interxion has inked an agreement with Stockholm-based Nordic Growth Market (NGM) to locate NGM's matching engine at Interxion's Stockholm datacenter.
Turquoise Set to Finish MillenniumIT Migration Before LSE
LONDON-Multilateral trading facility (MTF) Turquoise, owned by London Stock Exchange (LSE) operator LSE Group, is aiming to complete migration to LSE-owned MillenniumIT technology by mid-September, Turquoise officials tell DWT .
Orange to Launch Mobile Voice Recording Feature
Voice and electronic trading infrastructure and services provider Orange Business Services-Trading Solutions is launching a mobile phone recording device for traders, available April 12 to Orange Business Services users, officials tell DWT .
Bursa Malaysia Preps For Globex Switchover
KUALA LUMPUR-Exchange operator Bursa Malaysia is in the midst of moving its derivatives market onto the Globex electronic trading platform from CME Group, operator of the Chicago Mercantile Exchange (CME), according to exchange officials.
Nomura Shrinks Latency with ‘Westmere' Processor
LONDON-The U.K.-based algorithmic trading operations of Japanese investment bank Nomura has shaved latency off its order processing and trading applications by running them on the latest six-core Xeon 5600 Series from Intel, say bank officials.
UBS Readies to Go Dark
When the Markets in Financial Instruments Directive (Mifid) first introduced the concept multilateral trading facilities (MTFs), the first-generation facilities gained the backing of multiple banks. Now, individual banks are launching their own MTFs in…
Quod Prepares May Update for AEP
LONDON-Trading execution technologies provider Quod Financial will be launching an updated Version 5 of its Quod Financial Adaptive Execution (AEP) platform in May, say vendor officials.
Trading Firms Zero in on Nanoseconds
BARCELONA-The time it takes a beam of light to travel approximately 30 centimeters in a vacuum-one billionth of a second-will be the new performance benchmark for electronic traders, according to industry insiders who participated in a panel discussion…
Nasdaq OMX Eyes Pre-packaged Datacenters
BARCELONA-Exchanges in the near future will need to stop thinking about datacenters as expensive facilities and think of them as economical pre-fabricated datacenter pods, according to a Nasdaq OMX official.
Vienna Delays Eurex Platform Move
barcelona-Operators of the Vienna Stock Exchange have moved the launch of the exchange's new derivatives trading system to April 26 due to a third-party migration issue, officials tell DWT .
Force10 Rolls Out Open Automation
LONDON-Global technology and datacenter infrastructure provider Force10 Networks has announced the launch of Open Automation, which aims to turn datacenter infrastructure into a streamlined, efficient and policy-driven cloud computing fabric, vendor…
SunGard Debuts Front Arena Update
LONDON-Trading software provider SunGard has rolled out version 2010.1 of its Front Arena trading platform for general availability today, March 22, and has added advanced Value at Risk (VaR) and credit limit functionalities, according to vendor…
Rapid Addition to Launch FIXadtl Portal
LONDON-FIX messaging protocol software vendor Rapid Addition will launch a new global portal to ensure consistent deployment of the FIX Algorithmic Trading Definition Language (FIXatdl) files, and will announce the launch during the March 23 FIX Protocol…
UBS to Join Dark MTF Club
LONDON-UBS Investment Bank recently announced plans to launch Europe's latest non-displayed multilateral trading facility (MTF), pending regulatory approval by the U.K.'s Financial Services Authority (FSA), according to bank officials.
RFQ-hub Evaluates Gateway Strategy
LONDON-Bank-backed request-for-quote (RFQ) trading platform provider RFQ-hub is in the process of determining how best to interact with its FIX gateway after recently joining the Fidessa network.
Ullink Implements FIXatdl Publishing System
PARIS-Trading platform and connectivity provider Ullink plans to announce enhancements to its Algorithm Management System (AMS) in conjunction with the launch of version 1.1 of the FIX Algorithmic Trading Definition Language (FIXatdl) at the upcoming FIX…
Orc Spins Off FIX Subsidiary
STOCKHOLM-Electronic trading platform and connectivity provider Orc Software recently spun off its FIX business unit into a new subsidiary, according to vendor officials.
Alpha ATS Set for Engine Update
TORONTO-Operators of Canadian alternative trading system (ATS) Alpha ATS plan to roll out the latest version of the TradExpress matching engine from exchange technology provider Cinnober sometime in the second half of the year, Alpha officials tell DWT .
Totan Group Rolls Out BT ITS.Netrix
TOKYO-Japanese interdealer broker Totan Group has selected to deploy global telecom giant BT's ITS.Netrix turret platform on the firm's new trading floor, vendor officials announced today, March 1.
The Deal of the Millennium
As the CEO of an exchange technology provider, what do you do when a premier global exchange comes knocking on your door asking if you would be interested in providing them with a new trading system and also whether they could make a strategic investment…
Australian Securities Exchange to Adopt Genium Inet
SYDNEY-Operators of the Australian Securities Exchange (ASX) plan to retire the exchange's legacy Click XT trading platform from Nasdaq OMX and replace it with the Genium Inet trading platform, also from Nasdaq OMX, for its equities and derivatives…