Data Management
Strategy Lab survey: 41% of investment management industry in the red
A recent SimCorp Strategy Lab survey indicates that as much as 41% of the investment management industry is operating with cost rates at or above 99%.
The price of the position
Anyone who thought they could manage their positions based on individual instrument duration, along with instrument market value-to-fund ratios, has recently learned some harsh lessons. Fixed-income fund managers are looking for new levels of effort to…
Different Cities, Same Issues
A theme that crops up again and again, whether you're in Chicago or London, is the issue of how to address rising volumes of market data. While the US options market has been facing this problem for some time-and addressing it with innovations such as…
Data Costs Rise, Despite Exchange-MTF Competition
The emergence of new multilateral trading facilities as alternative venues to traditional exchanges in Europe since the introduction of the MiFID regulations has seen increased competition and more available liquidity, but has also led to an increase in…
Panel: Targeting Content Is Key Requirement
The ability to deliver timely information in a targeted fashion is increasingly important for data vendors as they seek to protect clients from information overload while providing the content they need for their specific trading and investment functions.
Nasdaq Signs Vendors for Basic
Interactive Data and Bloomberg are preparing to distribute Nasdaq OMX's Nasdaq Basic feed of top-of-book and last-sale equity data for trades executed on Nasdaq, which the exchange launched earlier this year as a cut-price alternative to the consolidated…
Vendors Focus on Value to Combat Downturn
The difficult economic conditions of the past year have led providers of market data to focus on initiatives that can yield cost savings for their clients, to help them through the financial crisis, according to vendor panelists at last week's European…
Infront Expands Exchange Coverage; Launches Feed
Nordic data vendor Infront has broadened the coverage of its Online Trader desktop terminal to satisfy client demand for broader content, has developed new feed handlers to support exchange technology upgrades, and has developed a new datafeed product to…
Lightening the Load
As lower revenues dictate smaller IT budgets across the industry, many banks and IT organizations are turning critical eyes to their infrastructure to see which systems are pulling their weight and which need to be retired. DWT editor Rob Daly speaks…
Industry: Regulators Must Clarify Sponsored Access Rules
LONDON-Sponsored access, also known as "naked access," is generating heated debates on both sides of the Atlantic as the U.S. Securities and Exchange Commission (SEC) talks of banning the practice while European regulators muddle through attempting to…
ISE Unveils ‘Top Quote' Level 1 Feed
The International Securities Exchange is beginning a controlled rollout of a new direct feed of top-of-book data, dubbed Top Quote, after re-architecting the infrastructure that produces the exchange's best bid and offer to reduce latency and increase…
Markit Boat to Cut Real-time Data Fees
Markit is reviewing its policy for licensing real-time data from Markit Boat, its trade reporting facility for over-the-counter equity trades, and will slash the cost of subscribing to real-time data from Boat at the beginning of next year, officials…
Saxo Initiatives Slash Data Spend
European investment bank and online broker Saxo Bank will cut its market data costs by 28 percent this year compared to 2008 as a result of a series of initiatives imposing tighter controls on data usage, to reduce the firm's usage of services that do…
NYSE Tech's SuperFeed Flies into Europe
NYSE Technologies, the trading technology and data vendor subsidiary of exchange group NYSE Euronext, is preparing to launch a beta version of its SuperFeed low-latency consolidated feed service in Europe.
Hillman's 'How-to' for Exchange Data
In recent years, the London Stock Exchange has faced numerous challenges, including defending against hostile takeovers, a technological struggle to fend off competition from upstart MTFs, and its takeover and integration of Borsa Italiana. Following…
Thomson Reuters Launches Indexes
Thomson Reuters last week completed the initial rollout of a suite of country, regional and sector indexes that officials say will provide clients with more granular classifications for portfolio benchmarking and creating index-linked products.
Carbonn's Copy - Data Challenges of Olympic Proportions
In 2012, London will host the Olympic Games. Aside from feeding a well-loved British national pastime of complaining about the cost and botched delivery of every large-scale project deemed worthy, or not, of public funds, the games have provided a much…
Plus Adds Data for All AIM Stocks
UK-based small-cap and mid-cap exchange Plus Markets Group has expanded its datafeed with the addition of all stocks listed on the London Stock Exchange's Alternative Investment Market.
Wiener Börse Preps Prague Data for ADH
Austrian exchange Wiener Börse is preparing to make market data from the Prague Stock Exchange available via its Alliance Data Highway (ADH) feed by the end of September, and is currently testing the data with vendor clients, officials say.
Chimera Securities Rolls Out OneTick
New York-based proprietary trading firm Chimera Securities is deploying the OneTick historical and real-time tick data processing solution from tick data management and analytics vendor
NYSE Euronext Preps EU Data Policy
NYSE Euronext plans to adopt a new European data policy for members later this month, similar to the model adopted for its US data products earlier this year ( IMD , March 23), officials say.