Data Management
XBRL Marks the Spot
Regulators are increasingly embracing the use of extensible business reporting language (XBRL), which means a growing amount of financial data will be tagged and easily accessible. Carla Mangado explores how widespread use of data tagging could affect…
Thomson Reuters unveils valuation risk service
In a move to increase transparency, Thomson Reuters last month launched a new service to provide independent valuations of financial instruments across asset classes.
Keeping mum
Excuse me for a moment: I'm going to talk politics. But I promise to be brief. By Emily Fraser
Advent moves into research management space with Tamale acquisition
Advent Software is expanding into the research management solution (RMS) arena through its planned acquisition of Tamale Software, a developer of centralised front-office workflow and research tools.
Wiener Börse Boosts East Europe Data
Austrian exchange Wiener Börse is preparing to add more market data from emerging Eastern European exchanges to its Alliance Data Highway (ADH) datafeed, including data from two stock exchanges in Bosnia and Herzegovina, increased market depth, and local…
Prism Expands GFI Data Deal
UK-based valuations provider Prism Valuation has struck a deal to use credit derivatives data from interdealer broker GFI in its valuation process, expanding a licensing agreement originally signed earlier this year.
Vienna: Gateway to Eastern Europe?
Interest in data from Eastern European exchanges is growing fast. But with any emerging market, there are challenges to obtaining data, which can range from contractual issues to connectivity. Austrian exchange Wiener Börse is easing some of that burden…
XTF Launches ETF Ratings
XTF, the exchange-traded fund research arm of FIX network provider Marco Polo Network, will this week launch a commercial service providing ratings on ETFs via its Web site, officials say.
Can Emerging Markets Save Wall Street?
Someone suggested to me this week that the city of New York might tear down the statue of a bull that stands on Broadway, not far from Wall Street, to more accurately reflect the current state of the financial markets. In return, I suggested that adding…
Euro MTFs Ally for Consolidated Data
Several European market operators have formed a working group that aims to provide a consolidated, pan-European data service, aggregating both real-time quotes from visible order books, and time and sales data from visible and dark liquidity pools.
NYSE Euronext Preps Euro SFTI, Superfeed
NYSE Euronext is expanding its SFTI (Secure Financial Transaction Infrastructure) network in Europe, with the goal of offering the same functionality provided by its US equivalent, which connects all key market operators via a high-bandwidth backbone…
BATS Europe Enlists Fixnetix for Data
Multilateral trading facility BATS Europe has selected UK-based low-latency data provider Fixnetix to provide pan-European equities market data from European exchanges and other MTFs to support its plans for trading in the region.
Thomson Reuters Preps DACS Improvements
Thomson Reuters is preparing to roll out a revamped version of its DACS (Data Access Control System) entitlement management software by the end of September, featuring a Web interface, improved reporting and control functions, and vendor integration.
NYSE Arca Fee Debate Continues
Three more letters were sent to the Securities and Exchange Commission last week, adding more fuel to the ongoing debate about fees being introduced by NYSE Euronext for real-time data from its NYSE Arca trading platform.
ITG Launches Dark Algos in Europe
Agency brokerage and crossing-network provider Investment Technology Group (ITG) has announced the addition of ITG Dark Algorithm to the ITG Algorithms suite of trading tools in Europe. ITG Dark Algorithm provides access to multiple dark venues,…
The Future of Liquidity Management
It's safe to assume that everyone would agree that liquidity management systems (LMSes) are still in their infancy as various voices within the industry are still trying to define what the term truly means. At one end of the spectrum, many vendors are…
Smart Order Routing to Go Beyond Equities
Smart order routing is going beyond the equities market, according to industry observers. "Foreign exchange (FX) is a big player ... it's definitely moving to multi market," says Adam Honoré, senior analyst at research firm Aite Group, who spoke during a…
Like a Bull to the Slaughter
Whether you fall into the camp that says governments should intervene to protect orderly markets by supporting companies such as AIG that threaten to collapse, or the group that says market forces should be allowed to run their course even if that means…