Data Management
XData Adds African Exchanges, Inks Interactive Data Deal
Dubai-based XData, a provider of data from exchanges in the Middle East and Africa, is expanding its market coverage, and has signed a deal to provide data from Middle East exchanges to Interactive Data, officials tell Inside Market Data .
Revere Grows Global Classifications
San Francisco-based Revere Data is expanding its classification schema to cover more international markets, to enable clients to identify like-for-like companies and supplier relationships in different countries to support algorithmic trading strategies.
Morgan a Casualty of LSE Job Culls
Wendy Morgan has left her role as head of real-time data at the London Stock Exchange, as part of a broader raft of redundancies resulting from a review conducted by new chief executive Xavier Rolet, who took over the role when former CEO Clara Furse…
Acquire Media Prepares to Unleash Tiger
Roseland, NJ-based news aggregator Acquire Media is testing a new feed of machine-readable tagged news to power algorithmic trading engines.
Eurex, MTS Delve Into Historical Data
German exchange group Deutsche Börse and European fixed-income trading platform EuroMTS are working to expand the range of historical data they provide to clients for developing and testing their trading or hedging strategies.
Deutsche Börse Launches MNI Algo News
Deutsche Börse will this week launch a low-latency feed of machine-readable economic news, dubbed CEF Alpha+ Macro, which has been developed in partnership with subsidiary news agency Market News International, which the exchange acquired at the end of…
Morningstar Integrates Tenfore Data
Chicago-based market data vendor Morningstar has begun a project to update all of its key browser-based products to carry streaming data from its Real-Time division, formed by the acquisition of UK-based data vendor Tenfore Systems last year ( IMD , Dec…
Apama Expands Market Surveillance Platform
Complex event processing and algorithmic trading software vendor Progress Apama will this week release new monitoring features within its market surveillance platform, to enable users to detect operational risk, as well as more pre-built pattern…
Xignite Enables On-Demand Data Platforms
Web services data provider Xignite will this week announce plans to commercialize its online platform for on-demand data, by enabling data providers to use it as the basis for building their own online marketplaces for their data.
NYSE Taps Jordan & Jordan to Bolster Data Admin Tools
NYSE Technologies, the data technology division of NYSE Euronext, has taken over Jordan & Jordan's Vendor Reporting System data reporting tool for an undisclosed sum, and has integrated it with the exchange's DART reporting and entitlements tool to…
Direct Edge Expands 29West Messaging
Jersey City, NJ-based equity ECN operator Direct Edge, which is in the process of becoming a fully fledged exchange, is expanding a rollout of messaging technology from 29West, which the ECN already uses to support the part of its business acquired via…
Open Market Data: Why Not?
As cost pressures push the financial industry to consider more "open" technologies, is the time right for data vendors to abandon proprietary tactics in favor of more collaborative approaches? By Richard Reichgut, director of financial services at…
Morgan Stanley Restructures Data Group
Morgan Stanley has reorganized its Enterprise Data group to ensure that management of the bank's real-time market data technology is more tightly aligned with its most demanding internal customer, the Equity IT group, which builds and supports most of…
Theoriem Preps TimeScape for Trading
Philadelphia-based multi-asset quantitative trading firm Theoriem is preparing to go live with data management technology vendor Xenomorph's TimeScape database product, to support the firm as it moves from start-up phase into live trading, officials tell…
BATS Europe Changes Tick Size, Promotes Harmonization
Pan-European multilateral trading facility BATS Europe is changing the granularity of tick sizes for certain stocks traded on its platform, and is driving an industry initiative to harmonize tick sizes across all European exchanges and MTFs, which could…
Ballista Preps Data Expansion
Ballista Securities, operator of an alternative trading system for equity block options and delta-neutral orders, plans to expand its data infrastructure to establish new and backup connectivity to exchanges and to build a new disaster recovery site.
NYSE Casts SeaNet to Catch Latency
NYSE Euronext is rolling out technology from New York-based SeaNet Technologies for monitoring latency of market data and trade orders across its platforms.
ISE Gets Green Light for Level 2 Feed
The International Securities Exchange will next month begin charging for its direct feed of Level 2 market data, which was originally launched as a beta trial product in 2007, after receiving approval from US regulator the Securities and Exchange…
Foreign Exchange Students of Latency
Much of the debate around low latency, direct feeds and capacity issues has thus far focused on the equities and options markets, with warnings that these concerns will soon expand into other asset classes such as foreign exchange. But according to a new…
Industry Mulls Benefits, Challenges of Fragmentation
The quality and cost of exchange data continue to be key concerns for market participants, leading some to suggest that further regulation may be required to address the challenges posed by the fragmentation of European equity trading, according to…