Data Management
JSE Mulls Consolidated Market Feed
South African securities exchange JSE is working on a technology roadmap that may see it consolidate trading and distribution of market data for all asset classes traded on the exchange onto a common technology platform.
FMX Connect Revamps Data Portal
Web-based energy and commodities data, research and analysis provider FMX Connect has unveiled an expanded Web portal, with new datasets, including additional commodities content, and a new interface to make it easier for users to access and consume data.
Industry: IoIs Down but Not Out
NEW YORK-Although the tempest over flash orders led Nasdaq OMX and Bats Exchange to discontinue their use, market participants are continuing to use indications of interest (IoIs) to place orders, in an effort to protect the interests of their end users…
SEC Set to Rein in Dark Liquidity
WASHINGTON, D.C.-In a unanimous vote by the commissioners of the U.S. Securities and Exchange Commission (SEC) last week, the U.S. regulatory body adopted three recommendations put forth by its Division of Trading and Markets to better regulate dark…
Robeco Targets Cuts to Data Spend in 2010
Dutch asset manager Robeco has embarked on a series of initiatives designed to reduce its annual data spend by up to 15 percent over the course of the next year, officials say.
Micex FIX Feed Broadens Vendor Partners
The Moscow Interbank Currency Exchange has signed and expanded data redistribution partnerships with a trio of third-party vendors as the result of launching a new datafeed based on the industry standard FIX and FAST protocols, officials say.
Chi-X Adds Hosted Risk Management to Co-Lo Services
London-based multilateral trading facility Chi-X Europe has launched a new, co-located risk management service, dubbed Chi-Velocity, which enables prime brokerage arms of member trading firms to manage risk taken on by offering sponsored direct market…
Capstone GM to Expand Fidessa Rollout
New York-based broker-dealer Capstone Global Markets is planning to expand its rollout of data via Fidessa's hosted trading platform to its European operations, after recently deploying the platform across its US base, to support its quantitative…
No Comment
Commentators: in this age of real-time news, blanket video and the Internet, who needs 'em? Major news providers, apparently. In the same week that Wall Street mourned legendary dealmaker Bruce Wasserstein, two deals of note emerged to boost the…
LSE Glitch Confirms Primary Data Dependence
A technical glitch on the London Stock Exchange last week resulted in a brief market data outage and suspension of trading in six large-cap FTSE 100 stocks and a further 10 mid- and small-cap stocks, sources tell Inside Market Data .
Nomura Taps Caplin Xaqua for FX Portal
The European operation of Japanese bank Nomura has rolled out a new messaging middleware platform from UK-based data technology and trading software vendor Caplin Systems, to support the bank's recently launched single-dealer foreign exchange trading…
Kairos Bows StreamBase for Algo Data
Brazilian hedge fund Kairos Asset Management has begun rolling out a new algorithmic trading system based on technology from complex event processing software vendor StreamBase Systems, to enable the firm to maintain a trading advantage in the face of…
Chi-X Boosts Data Revenue with Vendor License Fees
Pan-European multilateral trading facility Chi-X Europe is set to generate up to £500,000 of additional recurring revenue next year by introducing data license fees for vendors that redistribute its real-time data, helping the MTF recoup the cost of…
Hands Off My HFT
Rather than blaming high-frequency trading for Wall Street's woes and threatening heavy-handed reform, regulators should get with the times and consider high-frequency monitoring. By Dr. John Bates, general manager of Progress Apama
WFE Calls for Dark Pool Surveillance
Vancouver, B.C.-During the World Federation of Exchanges' (WFE's) 49th general assembly and annual meeting, the global industry body continued its call for regulators to level the playing field for exchanges and dark pools of liquidity.
LSE Names Millennium Transition Team
The London Stock Exchange Group has unveiled the team of executives that will manage the integration of data and trading technology assets from recently acquired exchange systems vendor MillenniumIT, according to an internal memo obtained by Inside…
TMX Brings NYSE, Nasdaq Feeds to Canada
Canadian exchange group TMX Group has begun offering direct access to feeds of market data from the New York Stock Exchange and Nasdaq to Canadian market participants via its datacenters and co-location facility.
BarCap Expands Sentinel Data Monitoring
Barclays Capital is expanding its use of a network monitoring tool from New York-based System Sentinel to its offices worldwide, to provide end-to-end monitoring of activity on the firm's market data network.