Data Management
Xenomorph Readies Data Admin Tool
UK-based data management technology vendor Xenomorph has released a new module as part of its TimeScape database to help trading firms minimize data spend by eliminating instances where a single set of data is paid for more than once.
Olsen Opens FX Tick Database
Olsen Financial Technologies, a Swiss provider of historical foreign exchange tick data, has begun offering unlimited access to its database of FX tick data back to 1986 and equity index futures dating back to the mid-1990s for an all-you-can-eat annual…
Traders: TSE Ignored Data Outage Warnings
The Tokyo Stock Exchange was forced to suspend trading for half a day last Tuesday, July 22, after being unable to disseminate prices to participants on its derivatives market as a result of a glitch in its derivatives trading system, despite being…
Portfolio Desks On the Block
For the past few months NYSE Euronext has been working with Pragma Financial Systems to provide floor traders on the New York Stock Exchange (NYSE) access to trading algorithms that will put their orders on par with outside orders ( see story, this issue…
LSE Shuffles Data Pack as Young Departs
The London Stock Exchange last week announced a new structure for parts of its Information Services division, including the appointment of Bruno Siracusano as head of business development.
Charting Fragmented Liquidity
As European trading venues continue to proliferate as a result of the Markets in Financial Instruments Directive (Mifid), investment banks are finding new challenges in keeping up with the changing landscape.
NYSE, 1010data Prep Global TAQ Database
NYSE Euronext is building a global repository of historical quote and trade data, using technology from vendor 1010data, to allow the exchange to more easily distribute historical data to clients worldwide.
Thomson Reuters Cuts Jobs, Plans Hires
Thomson Reuters has achieved targeted job cuts to its London newswire operations via a voluntary redundancy scheme that was initiated last month, and is now looking to bolster its combined news operations, according to an internal memo obtained by Inside…
CMA Adds Content to DataVision, Updates Models
UK-based credit and derivatives data specialist Credit Market Analysis (CMA) will this week release version 2.1 of its DataVision end-of-day data service, incorporating a range of new content and capabilities, officials tell Inside Market Data .
HighStep Adds Connotate Data to Models
Mamaroneck, NY-based start-up hedge fund HighStep Capital is incorporating market trends-identified from fundamental data sourced from the Internet using a series of software "agents" from New Brunswick, NJ-based vendor Connotate-into the firm's…
Think Trade Preps PrismTech Platform
Encinitas, CA-based proprietary trading firm Think Trade will later this year roll out the OpenSplice DDS (Data Distribution Service) platform from Burlington, MA-based middleware provider PrismTech, to manage data latency within the firm's automated…
No News Is Good News?
As I stumbled past the long line of technophiles camped out to purchase their iPhone 3Gs, it reminded me a bit of my childhood growing up with a large extended Irish-American family prior to the ubiquity of e-mail, texting and instant messaging. My…
Vendors Bolster Private Company Data
Two UK-based information vendors have recently released products and services to provide investment professionals with access to fundamental data and performance statistics on privately held companies.
Panel: Quants Must Tackle Data Concerns
Data issues are emerging as key concerns for quantitative traders and analysts, with rising data volumes, data quality, and the need to analyze data to derive meaningful conclusions at breakneck speed all contributing to traders' concerns, according to…
Holiday Volumes Slow LSE Level 2 Data
The London Stock Exchange experienced a slowdown in the distribution of its Level 2 market data as the last issue of Inside Market Data went to press, resulting in a 20-minute extension of the exchange's closing auction to ensure trading participants…
Energy Firm GasTerra Squeezes Data Spend
Dutch energy trading firm GasTerra has initiated a project to review its market data consumption and spend in order to help ensure compliance with usage policies, rationalize costs and better prepare for future contract negotiations.
NYSE Readies New Data Fee Structure
NYSE Euronext is planning to introduce a new billing scheme for market data, designed to make access to its data products more affordable for firms subscribing to the exchange's datafeed products, and clearly differentiate between end-user firms and…
There's No Such Thing as a Free Lunch
... But is there such a thing as free market data? For retail investors, yes, as a result of recent initiatives to bring real-time data to the masses by exchanges including Nasdaq and the New York Stock Exchange, which both recently launched freely…
Proquote Adds Martin Data for Treasury App
The London Stock Exchange's data terminal vendor Proquote has launched a new product targeted at the UK treasury market, dubbed Proquote Treasury, which incorporates specialist content sourced via a recently formed relationship with UK-based Martin…
TheMarkets Expands Direct Broker Feeds
Investment bank consortium-owned research portal TheMarkets.com has begun an initiative to expand the number of independent research providers and brokers providing direct feeds of research data to its portal, as an alternative to third-party research…
What Commuters Can Learn From Market Data
Regular IMD readers will know how I like to use analogies to illustrate issues relating to market data. So, with many of our US colleagues heading off for long weekends away to celebrate the July 4 holiday, I'd like to share some musings that occurred to…