Data Management
Congratulations, Mr Glocer, It's a Boy!
... Or is it a girl? Actually, it's a multi-billion-dollar monster. Last year's illicit affair has at last blossomed into marriage, and-after a lengthy gestation-the birth of a new entity and the patter of tiny feet.
Audit Integrity Unveils Underlying Data
Audit Integrity, a Los Angeles-based provider of corporate integrity ratings, is making its underlying database of company information and analytics available to end-users to run their own calculations.
Fortis Centralizes Global Data Management
Belgian banking group Fortis has begun a global market data management project to enable the bank to manage data usage via a competence center in Brussels by the end of this year, officials say.
Nasdaq Preps UTP Rise
Nasdaq will make significant bandwidth upgrades to the consolidated UTP Quotation Data Feed and UTP Trade Data Feed of activity in Nasdaq-listed securities early in the second half of this year, in response to requirements by the UTP Operating Committee…
Instinet Launches New Algos
Global agency broker Instinet, a wholly owned subsidiary of Nomura Holdings, has released a new, revamped suite of algorithms, dubbed Instinet Execution Experts, today, April 14. The collection incorporates components of Instinet's previous algorithmic…
Green Is Not Optional
According to a recent report presented to the U.S. Congress, the growth in IT power demand over the next decade will require the construction of 10 full-scale power plants just to meet it. Those numbers are just for IT and do not consider growth in…
Nasdaq OMX Preps Volume Display Portal
Nasdaq OMX has released a beta-test version of a new, Web-based real-time data product, dubbed Nasdaq Trade Ads, which allows exchange customers to display their trading volume and market share for particular stocks, to attract order flow from buy-side…
Fixnetix to Power Equiduct VBBO
Pan-European multilateral trading facility Equiduct Trading has announced it is sourcing direct feeds from European exchanges and MTFs via UK-based low-latency data vendor Fixnetix, to power its Virtual Best Bid and Offer (VBBO) feed launched on April 4 …
LSE, Borsa to Consolidate Data Delivery
The merged London Stock Exchange and Borsa Italiana group will migrate data subscribers to the LSE's Infolect data distribution platform in the first half of 2009, and provide an integrated data distribution platform that disseminates real-time data from…
Landsbanki Deploys Infront Terminals
Icelandic banking group Landsbanki is rolling out data displays from Norwegian vendor Infront across its business lines in Iceland, and is negotiating an enterprise license to deploy the product in other regions, officials say.
Gliding on the Wind of Change
Having spent three years covering the US markets, last week's inaugural Amsterdam Financial Information Summit helped me better understand some of the differences-and similarities-between how the US and European markets are adapting to change.
The March of the MTFs
It was only a matter of time before the leading ECNs would turn their sights to the European market. Within the next six months, Bats Trading expects its London-based multilateral trading facility (MTF) to be up and running in London ( see story, this…
AXE Targets ASX With Free Data
The AXE ECN, a trading platform being set up by the New Zealand Exchange and major broker-dealers to compete with the Australian Securities Exchange, will waive fees for its market data at launch, officials tell Inside Market Data .
Vendors Respond to New Demands
Data providers are feeling the heat from rising data volumes, demand for lower latency and value-added services, as well as increased competition from new, niche providers and market venues, according to a panel of vendor executives.
Nasdaq OMX Readies European ITCH Feed
Nasdaq OMX will this month roll out a test version of a new datafeed that will carry market data from the exchange group's planned multilateral trading facility, dubbed Nasdaq OMX Pan-European Market, officials tell Inside Market Data .
Offshoring's Domestic Front
With recession fears and the U.S. dollar's decline, India's IT firms weigh increasing their focus on their local market.
Santander Plans Data 'Service Center'
Spanish banking group Santander is planning to create a global service center for IT and operations, covering market and reference data, to establish service benchmarks and define roadmaps for future data usage, officials say.
Turquoise Unveils Pricing, Test Schedule
European multilateral trading facility Turquoise last week unveiled preliminary fee levels that it plans to charge for its feed of quote and trade data, after a one-year fee waiver that will apply from when the trading venue goes live in August this year.
Pioneer Expands TheMarkets.com Rollout
Dublin-based asset manager Pioneer Investments plans to deploy TheMarkets.com's equity and fixed-income research platform for investment staff at offices in Eastern Europe, in an ongoing rollout of the vendor's platform as part of an internal research…