Data Management
DZ Bank Readies VWD Terminal Rollout
Frankfurt-based Deutsche Zentral-Genossenschaftsbank (DZ Bank) is preparing a major initiative to roll out new market data terminals from local vendor VWD to service thousands of end users over the course of 2008, sources tell Inside Market Data .
Equiduct Debuts Pan-European VBBO Feed
European equity market operator Equiduct Trading will this week launch its Virtual Best Bid and Offer (VBBO) feed of data for equities listed across European markets, and will start publishing real-time VBBO data on a select number of securities via its…
Weisel Taps Pivot for Research Distribution
San Francisco-based investment bank Thomas Weisel Partners is rolling out technology from messaging and collaboration infrastructure vendor Pivot for distributing research, prices and indications of interest via instant messaging, officials say.
Wall Street Source Launches Free News Portal
New York-based news aggregator and technology provider Wall Street Source will this week launch a new service via its Web site that consolidates news stories scraped from publicly-available sources on the Internet, in a bid to drive new business to the…
Know the Flows
Information on the flow of assets between asset classes, sectors and regions is increasingly being used as a tactical data input for investment strategies. But does it have the value to become a mainstream indicator of market movements?
ISE Streamlines Depth Messages
The International Securities Exchange has begun testing version 5.3 of its depth of market data feed, which will dramatically reduce the volume of information sent out in data messages, officials announced last Tuesday, March 18.
Blue Systems Adds Icap OTC Content
UK-based data and trading technology vendor Blue Systems is to roll out over-the-counter market data from interdealer broker Icap next month, to broaden the vendor's content coverage beyond its original focus on exchange-traded equities and currency…
Court Ends Nymex-ICE Price Dispute
The US Supreme Court last week denied the New York Mercantile Exchange's appeal against the IntercontinentalExchange over ICE's unlicensed use of Nymex's settlement prices.
Arbitragis Picks Quant House for Arb Algos
French proprietary trading firm Arbitragis has begun using low-latency market data from local vendor Quant House to power its algorithmic arbitrage trading strategies, officials say.
JPM, Bear Scramble to Integrate
NEW YORK-On the heels of one of the shortest due-diligence periods on Wall Street, investment banks JPMorgan Chase and Bear Stearns are rushing to create an integration strategy, insiders tell DWT .
HKEx Enlists BT for Remote Trading
Hong Kong Exchanges and Clearing is in discussions with network provider BT Global Financial Services to provide market data distribution and possibly trade connectivity via the vendor's RadianzNet financial services network, in anticipation of…
The Case For Scrutinizing the Scrutinizers
No doubt there were more than a few wry grins-or even cries of jubilation-in the financial markets when New York governor Eliot "Ness" Spitzer resigned last week after being caught spending a fortune on high-priced call girls. The former scourge of Wall…
Nasdaq Readies Sentiment Tool
Nasdaq OMX is beta-testing a tool for measuring market sentiment, dubbed Nasdaq Market Pathfinders, which tracks the number of "pathfinders" buying and selling volumes of a specific stock, pending Securities and Exchange Commission approval to formally…
Turquoise Selects NeoNet for "Internal" Data
Bank-backed multilateral trading facility (MTF) Turquoise last week signed a deal with Swedish agency broker, data and technology vendor NeoNet to provide the pan-European equity market data that will drive Turquoise's trading platform.
SWX Preps Non-Display Data Fees
Exfeed, the market data subsidiary of the SWX Swiss Exchange, plans to roll out a new data licensing policy on July 1 that will introduce charges for use of the exchange's real-time data in non-display applications.
Bloomberg SID Move Raises Admin Concerns
Bloomberg clients may face increased administration when consolidating usage and invoice information for market data inventory management, following the vendor's apparent decision to stop granting new requests to customers wishing to access enterprise…
LSE Issues New Borsa Feed Specs
The merged London Stock Exchange-Borsa Italiana has announced revised specifications for Borsa Italiana's MDF/DDM+ datafeed, which will distribute Italian equity market data from the LSE's TradElect electronic trading platform once the Italian exchange…
Swimming With Sharks and Whales
The upcoming movie 21 tells the true story of a group of MIT students who set out to beat the casinos of Las Vegas at blackjack, using sophisticated card-counting techniques to determine whether a table was "hot" and to gauge the likelihood of winning…
HKEx Lifts Suspension Rule for Announcements
Hong Kong Exchanges and Clearing will this week eliminate the requirement for listed companies to suspend trading in shares when releasing data or announcements that might impact a company's share price, bringing HKEx more in line with other exchanges.
Reuters Lines up DACS Partners
Three trading technology vendors-BNY Convergex subsidiary Eze Castle Software, Charles River Development, and SunGard subsidiary Front Arena-are integrating their software with the OpenDACS API to Reuters' Data Access Control System to help client firms…