Data Management
Algo releases new Credit Valuation Adjustment module
Toronto-based Algorithmics, a provider of sell- and buy-side risk management technology and services, has announced the availability of its new Credit Valuation Adjustment module designed to assist banks to use their capital more efficiently through more…
News in Numbers
"The way dark pools are utilised today is really on an institutional level, and the public isn't being harmed. What moves prices in the stock market are institutional plays - Johnny and Grandma buying 200 shares of a stock are not moving the market,…
Calypso Technology unveils version 11
San Francisco-based Calypso Technology, a provider of integrated trading and risk management software, has released Calypso Version 11. According to the vendor, the new offering provides refined repackaging, consolidation and rationalisation of its…
Exchanges Take Data Hit as Layoffs Cause Decline in Terminal Numbers
Despite higher overall revenues for the second quarter, exchanges are making less money from market data sales in 2009, largely as a result of fewer workstations subscribing to their data, according to a raft of recent financial results.
Screen Preps Infomatch Update
Dutch market data software vendor Screen Consultants is preparing to launch a new version of its Infomatch data inventory management software, which will include new reporting features and the ability to automatically reconcile invoice information for…
InfoNgen Aims Tags at Broker Research
Web-based content aggregator InfoNgen is launching a campaign to encourage sell-side research providers to adopt its Intelligent Research Tags, developed for tagging news content with metadata about stories and the companies and subjects mentioned, to…
MSCI Barra Expands Historical Data
Index and risk software provider MSCI Barra has expanded the amount of monthly historical data available via its Gem2 (Global Equity Model) product for more detailed portfolio attribution and back-testing, and is planning to increase the amount and…
Essex Radez Grows NY4 Data Footprint
Essex Radez, a Chicago-based market maker and provider of data and trading technology, has expanded its presence in Equinix's NY4 datacenter in Secaucus, NJ, with the addition of extra rack space for client co-location, connections to the firm's other…
LSE Continues Data Re-org, Cuts Siracusano
The London Stock Exchange continues to flatten reporting lines for its information services division and has reshuffled responsibilities within the group, as part of a management reorganisation initiated by chief executive Xavier Rolet.
CMA Adds Asian Cut of DataVision
Credit Market Analysis, a subsidiary of CME Group, is preparing to launch a third update time to its DataVision daily credit default swap pricing service, to reflect prices at the close of Asian market trading.
Alpha Preps Canadian Consolidated Feed
Alpha Trading Systems, an alternative trading system set up by nine Canadian banks and broker-dealers, is planning to launch its own consolidated tape of Canadian market data, to compete with exchange group TMX, which the Canadian Securities…
Latency Love in A Cold Climate
If time is money, do things that save time also save us money? In the financial markets, saving time can make money, by being the first to get the best price and make the most profitable trades. However, the data and technology solutions that enable…
Telekurs Expands Fund Pricing Tech
Swiss data vendor SIX Telekurs has finished fine-tuning an expanded deployment of technology from UK-based vendor Web Services Integration, to help automate collection of fund data as part of Telekurs' Funds Fast intraday pricing service.
WSS Unveils Mobile News Apps
New York-based news aggregator Wall Street Source will this week launch a series of new applications for delivering news to mobile devices, aimed at increasing takeup of the vendor's services outside of its core trading floor user base, officials say.
Finding the Trading Platform Middle Ground
Top-tier financial institutions have suffered much over the past year, but their losses may benefit smaller firms, which are well-positioned to pounce. As the transformations brought about by the Markets in Financial Instruments Directive (Mifid) began…
Brewin Dolphin Flips Data to Fidessa
UK-based private client stockbroker Brewin Dolphin has deployed more than 700 positions of the Fidessa Workstation market data application to support its network of brokers and advisors, replacing legacy products from Thomson Reuters.
Chi-X, TS-A Prep Latency Management Tools
Multilateral trading facility Chi-X Europe is preparing to deploy peer-to-peer latency monitoring technology from TS-Associates to enable its trading members to receive market data and order confirmation messages time-stamped with nanosecond granularity,…
BOX Moves into Equinix Datacenter
The Boston Options Exchange has signed a four-year contract to host its primary matching engine and data distribution technologies in a Secaucus, NJ-based datacenter operated by Equinix.
BATS Readies Options Data
BATS Exchange is developing variations of its Level 2 Multicast PITCH and Level 1 TOP datafeeds to carry data from its BATS Options market, which is scheduled for launch in the first quarter of 2010.