Data Management
Nasqaq’s Foreign Exchange
What exactly draws US exchanges to European brides? Ask the NYSE’s John Thain, who brokered the exchange’s merger with Euronext, or Nasdaq chief executive Bob Greifeld, who—it was revealed as IMD went to press—is about to fork out $3.7 billion to buy…
SuperDerivatives Launches Cross-Asset Correlation Data
Derivatives data and pricing software vendor SuperDerivatives will this week launch an end-of-day correlation data service, having rolled it out to a number of banks and hedge funds as part of a “soft launch” during recent weeks.
Under the Surface
The growing use of volatility surfaces is bringing greater transparency to complex instruments, but is creating significant technology storage and processing requirements. By Matt Skinner, a director at cross-asset data management vendor Xenomorph
LSE Preps Low-Latency ‘Channel’ Pilot
The London Stock Exchange will begin piloting a new low-latency feed delivery option when the exchange introduces its TradeElect trading platform on June 18, officials say.
BayernLB Rolls Out Etrali Turrets
German bank Bayerische Landesbank (BayernLB) has rolled out Etrali Mach 3D terminals from Orange Business Services, officials announced today. The new turrets replace dealerboards from turret provider IPC. Officials from IPC decline to comment
CBOT Traders Await LDB Decision
Traders who use the Chicago Board of Trade's Liquidity Data Bank volume data to support trading strategies are concerned that the product will be withdrawn if the Chicago Mercantile Exchange's proposed takeover of the CBOT goes ahead.
Interfax Seeks Bloomberg Boost with News Trial
Russian news and market data agency Interfax is offering a free, two-week trial of its content to all Bloomberg Professional terminal users, starting today, Monday May 21, in a bid to increase usage of Interfax's content via Bloomberg.
A Consolidated Tape for Europe?
Part of the European Commision's upcoming MiFID regulation is designed to stimulate more competition among markets by ending concentration rules. But as the same securities begin trading on multiple venues and more price sources emerge for both…
RSJ Preps Chicago Feeds via BT Radianz
RSJ Invest, a Czech brokerage firm specializing in automated derivatives trading, is to expand its use of BT Radianz's Proximity Solution to provide low-latency access to direct datafeeds from the Chicago Mercantile Exchange and the Chicago Board of…
Glitch Halts Euronext Data
A half-hour trading halt on Euronext's cash markets last Monday resulted in an interruption to market data dissemination to members after a technical glitch on its NSC trading platform slowed down the order-matching process.
HKEx Builds on Data Revenue Rise
Data revenues from Hong Kong Exchanges and Clearing (HKEx) rose nearly 50 percent in Q1, according to HKEx's financial statement, released last week.
Markit Expands Structured Finance Data
UK-based pricing provider Markit is readying an expansion of its structured finance data portfolio with the launch of new services and additions to existing datasets, officials say.
Staggering Into Summer
Late last week, the New York Stock Exchange and the Nasdaq Stock Market experienced what my family mechanic would best describe as an "oopsie."
Cargill Enlists Interactive Data For Agri Portal Content
Minneapolis-based commodities broker Cargill is developing a new data portal aimed at the agricultural commodities industry, in partnership with Interactive Data Managed Solutions division.
Blue System Integrates Interactive Data
Blue System Inc., a London-based provider of direct market access trading, charting and analytics systems, will this month incorporate data from Interactive Data Real-Time Services into its trading systems after signing a distribution agreement with the…
Vendors: One-Size-Fits-All Is Dead
The increasing array of free news and data on the Internet, along with the threat of data piracy, is encouraging vendors to forge closer client relationships to deliver tailored content and technologies, said panelists at the North American Financial…
Data Dilemmas of Pricing Illiquid Assets
Decisions around vendor selection when acquiring data on illiquid assets remain driven by trader needs rather than by market data managers, according to panelists at last week's North American Financial Information Summit.
Users Endorse News Algos
Although end-user firms have thus far been playing their cards close to their chests on the subject of algorithmic news feeds, this sector is attracting significant interest, according to the results of last week's Inside Market Data awards.
One Standard Data Model is Yet to Arrive
Outsourcing