Data Management
TSX Slaps Pure Trading with Copyright Lawsuit
TORONTO—The Toronto Stock Exchange (TSX) filed a C$101 million ($96.3 million) copyright infringement suit in the Superior Court of Justice in Ontario last month against Pure Trading and its parent company, Canadian Trading and Quotation System (CNQ)…
Report: 25K New Trading Positions by 2010
TAUNTON, U.K.—The global need for new traders will rise by 7 percent, to approximately 25,000 new trading positions, according to a white paper recently published by industry research firm Kimsey Consulting.
Data Ticks and Poli-tics
This week, I’d like to tell you how US president George W. Bush and new British prime minister Gordon Brown—both avid IMD readers, I’m told—have already crossed swords over a series of market data-related issues. Like I say, I’d like to, but firstly, we…
Nasdaq Makes Data Available via Web
Nasdaq last month began providing direct access to a number of its market data and analytical products via its Web site, eliminating the need for consumers of the data to develop specific feed handlers to receive the data.
Asia Data in Demand to Support Algorithmic Trading Needs
The recent proximity hosting arrangement between the Singapore Exchange and BT Radianz to provide low-latency access to SGX market data highlighted the growing popularity of algorithmic trading across Asia and interest in the region’s markets from…
Interactive, Tullett Expand OTC Data
Interactive Data Corp. is rolling more data from interdealer broker Tullett Prebon onto its PlusFeed consolidated feed, covering new geographies and asset classes, expanding a longstanding deal between the vendor and Tullett Prebon Information, the…
Thomson Drops Dow Jones for Own News
Thomson Financial has ended a deal to distribute Dow Jones news as the default service within Thomson products, replacing it with its proprietary Thomson Financial News.
Citi Poised for ATD Acquisition
NEW YORK—Global banking giant Citi is in advanced negotiations to purchase Mount Pleasant, S.C.-based electronic brokerage firm Automated Trading Desk (ATD), according to media reports.
The Buy-side Backlog
Automation
Data Dilemma Still Dire
REFERENCE DATA
CMA: Tackling transparency
CMA is one of a number of technology vendors that provides financial institutions with pricing and evaluations data, although the firm is quick to point out that what makes it unique in this space is that it focuses exclusively on the buy side. By Victor…
Spotlight on Rinando Soto
Stewart Eisenhart speaks with Eze Castle Integration’s Rinando Soto about the changes he’s experienced resulting from his recent move from the prime brokerage industry to the buy-side technology vendor community, which services ostensibly the same market…
Month in Numbers
'There would not be an instance where two different hedge fund clients were on the same hardware platform. Data lapses cannot happen, not even accidentally'