Data Management
SEC OKs Nasdaq Portal Despite Data Concerns
US regulator the Securities and Exchange Commission last week approved the launch of Nasdaq's Portal Market Trading System for Rule-144a securities, despite concerns raised by industry association the Securities Industry and Financial Markets Association…
ICE Wins Nymex Data Suit
The New York Mercantile Exchange last week expressed disappointment at the Second Circuit Court of Appeals' dismissal of its long-running lawsuit against the IntercontinentalExchange over use of Nymex price data.
Tocom Raises Data Distribution Frequency
The Tokyo Commodity Exchange has increased the frequency of its market data distribution in response to market forces and client demand, reducing the interval at which it delivers snapshot prices via its member terminals from three seconds to one second.
NYSE Glitch Delays OpenBook
The New York Stock Exchange's OpenBook feed of real-time NYSE limit order book data experienced disruption and delays for more than an hour last Tuesday morning, July 31, as a result of an undisclosed software issue.
Fidessa Readies US Ticker Plant Upgrade
UK-based data and trading software vendor Fidessa is preparing to upgrade its US ticker plant to include enhanced data on US exchanges and new feeds from the Toronto Stock Exchange, officials tell Inside Market Data .
Organizational Alignment: The EDM Keystone
As interest in enterprise data management increases, so too does the importance of alignment. GoldenSource's Fritz McCormick reports
Making the Most of Reference Data
Reference data management has mostly been treated as an operational issue in recent years, but investment managers are increasingly focusing on how reference data can benefit other areas of the business. Julia Schieffer reports
Is China Too Hot to Handle?
ASIA REPORT
Below the Surface
EDITOR'S LETTER
Spanish alternative industry primed for boom
Stewart Eisenhart looks at the recently published Tabb Group report, Cross-asset trading systems: Controlling the trader’s desktop, and finds the broker community under increasing pressure to provide their buy-side clients with more integrated, multi…
Spotlight on Gavin Little-Gill
Stewart Eisenhart speaks with Gavin Little-Gill about his move from the financial services analyst community where he was research director at TowerGroup to Linedata Services where he now heads up front-office product development.
Rise of the replicants – Duncan Wood scrutinises the recent emergence of bank-launched indexes and their attempts to replicate certain hedge fund strategies through quantitative, rules-based products.
Investment banks are upping their efforts to mimc hedge fund strategies through quantitative, rules-based products. A variety of indexes have emerged that claim to replicate the major hedge fund strategies, although some fund managers are sceptical of…
Riskdata offers 'bias ratio' to detect return smoothing
Riskdata, the Paris-based provider of buy-side risk management systems, has enhanced its core offering to prevent hedge funds from 'smoothing' their returns.
The Sweet Sound of Success
Somewhere over the drone of the air conditioner struggling to keep pace with the New York summer, I hear another faint sound…. Do you hear it? It sounds like the rustle of crisp dollar bills. It's the sound of the dealmakers rubbing their hands together…
Chi-X Takes On LSE with UK Stock Data
Chi-X, the European equity market operated by broker Instinet, earlier this month began providing data and trading with continuous two-sided quotes on around a dozen large-cap stocks from the FTSE 100 index listed on the London Stock Exchange.
Citi Signs for FTSE Infrastructure Index
Citigroup is the first investment bank to license the FTSE-IDFC India Infrastructure 30 Index—one of a new series of Indian infrastructure indexes launched by index provider FTSE Group last week in partnership with India's Infrastructure Development…
MSCI Barra: Index Transition Costs Not Unreasonable
Index provider MSCI Barra is rejecting suggestions that changes to its global indexes over the coming year will cause investment managers to review their relationship with the vendor or even switch to alternative providers.