Data Management
IT Spending to Drop in 2009
LONDON-Sell-side IT organizations should plan to do more with less as industry experts predict a double-digit decline in IT spending for next year.
SunGard, Algo, RiskMetrics top Chartis risk rankings
In its annual ranking of risk technology vendors, Chartis Research has rated SunGard as the top provider for the third successive year, closely followed by Oracle, Algorithmics and RiskMetrics.
StatPro joins the pricing/valuations fray
London-based StatPro Group has entered the buy-side pricing and valuations space by unveiling its Complex Asset Pricing (CAP) service, a system for pricing complex financial assets. Through this move, StatPro has joined a select handful of service…
Fidessa Begins LatAm Data Rollout
UK-based market data and trading technology vendor Fidessa has added market data from BM&F Bovespa in Brazil and Bolsa Mexicana de Valores (the Mexican stock exchange) to its global trading service, in response to demand from global clients and receiving…
ZepInvest Preps Commentary Portal
Online financial content aggregator ZepInvest will this week unveil a Web portal that provides access to premium, subscription-based financial news and commentary in one place for a fraction of the cost of subscribing to all the sources separately.
Gobble, Gobble
If you're reading this over coffee and turkey bagel after the Thanksgiving holiday, chances are you're also facing a week of turkey sandwiches, turkey salads, turkey chili and turkey meatloaf, which just goes to prove that you can have too much of a good…
NYSE to ‘Align' Amex, Arca Feeds
The New York Stock Exchange will this week migrate the American Stock Exchange's depth-of-book feed to the same datafeed format as NYSE's OpenBook product, following the migration of Amex-listed equities trading onto the NYSE floor this Monday, Dec. 1,…
Web Info Needs Reliability Checks
Growing volumes of investment-targeted information in blogs and online sources, and the investment industry's increased focus on it as a source of potentially market-moving data, could lead to the development of a rating system to determine the…
LSE Migrates Italian Data to Infolect
The London Stock Exchange last week migrated Borsa Italiana's Italian equity trading onto the LSE's TradElect trading platform, allowing clients to receive Italian equity market data via the exchange's Infolect data distribution platform.
Nasdaq Tests Boston Version of TotalView
Nasdaq OMX will this week begin client testing of a new datafeed based on its TotalView-ITCH product for its Nasdaq OMX BX market-formerly the Boston Stock Exchange-which is scheduled to go into live production when the revamped market begins trading on…
Tenfore Rounds Out Asia Coverage
UK-based data vendor Tenfore Systems has added data from the Korea Exchange and the Taiwan Stock Exchange to its TDX consolidated datafeed, to expand its coverage in Asia Pacific.
Swiss Exchange Weighs Feeds as SWX Europe Bows Out
The SIX Swiss Exchange is likely to consolidate its own Swiss market datafeed with that of its SWX Europe (formerly Virt-x) subsidiary, after deciding last week to close SWX Europe by mid-2009 and migrate trading of blue-chip Swiss stocks back to its…
Credit Suisse Taps Fixnetix For AES Data
Credit Suisse is to utilize services including market data and hosting from UK-based data and trading connectivity vendor Fixnetix to support the bank's Advanced Execution Services (AES) business, under the terms of a deal signed last week, officials…
CME in Retreat on Historical Data Fees
CME Group has delayed a controversial set of fees for redistribution of historical exchange data, following complaints from end-users.
Thomson Reuters Speeds Estimates for Algos
Thomson Reuters has launched a new, RSS-based feed of revisions to broker earnings estimates, dubbed Reuters Estimates Delta, designed to allow quantitative traders to take advantage of the time between a revision being issued on a company and resulting…