Emerging Technologies
Trading Game Startup Nous Raises Funds to Boost Participation, Data Value
Nous, a provider of a mobile trading game and a feed of investor and active trader market sentiment, has raised $600,000 in new funding to expand the user base of its Spark Profit trading game from 79,000 users in 190 countries to 250,000 users over the…
Thomson Reuters Bows M&A Arbitrage Data
Thomson Reuters has unveiled a new collection of mergers and acquisitions data within its Deals database targeting the needs of event-driven hedge fund managers.
CAT Conundrum: SROs, Vendors Vie to Build Consolidated Audit Trail
In 2012, the US Securities and Exchange Commission passed Rule 613, requesting the industry to develop a plan to build and run a platform capable of tracking and storing information on every order, cancellation, modification and trade execution for…
No More Mr. ICE Guy, Indeed: Marcial Steps Down at ICE
According to his LinkedIn profile, Edwin Marcial, chief technology officer at the IntercontinentalExchange (ICE), is stepping down after 18 years with the company.
Hazlitt: The View of Enterprise Social Media Needs to Evolve
At this year's Buy-Side Technology North American Summit in Manhattan, Simon Hazlitt looked at how his firm has turned to enterprise social media solution tibbr to revolutionize its internal communications, even if the platform, itself, is not about…
Nasdaq Promotes Four to Support Growth Across its Market Technology and Listings Units
Nasdaq has announced a series of appointments in order to maximize future growth potential across its Listing Services and Market Technology businesses.
Sinara Expands Data Integration Offering
UK-based data software vendor Sinara Consultants has expanded its consulting services to include analyzing, designing and enhancing clients' market data repositories and data warehouses.
Metamako Taps Covington to Drive European Expansion
Metamako, an Australian provider of low-latency switch appliances for high-frequency trading, has enlisted data industry veteran Kevin Covington to set up a European infrastructure to support an expansion of its business into the region.
Opening Cross: Will Cost Concerns Neuter Future Litters of CATs?
Belgian beer-maker Stella Artois’ long-running “Reassuringly Expensive” ad probably didn’t win fans among market data managers, who continue to shudder at the thought of any kind of cost increase.
CTA, UTP Revisit Consolidated Tape Fees
The Consolidated Tape Association (CTA) and the Unlisted Trading Privileges (UTP) Plan, which together oversee the collection and distribution of the consolidated tapes of quote and trade data for US equity markets, have proposed new fee policies for the…
China Opens Up Capital Markets with Hong Kong Connection
With the impending launch of the Shanghai–Hong Kong Stock Connect program, China has begun allowing foreign investment into its capital markets to an unprecedented degree. But what does this mean for institutional investment firms, and are there still…
Kx Names Quill Global Head, Sales Engineering
Tick database provider Kx Systems has promoted Fintan Quill from senior engineer to global head of sales engineering, expanding his prior role beyond just North America and to cover more technical sales and support the vendor's push into new industries,…
Post-Launch and Funding, Vetr Eyes Institutional Clients for Crowd-Sourced Ratings
Crowd-sourced stock ratings provider Vetr has completed the second stage of a $1 million investment round, and is now focusing on attracting more users and contributors to its portal, to make its content more appealing to institutional traders and hedge…
MDSL Taps Ex-Deutsche Bank Data Exec DeMaio as COO
UK-based cost and inventory management software vendor MDSL has hired Lou DeMaio, former global head of market data service delivery at Deutsche Bank, as Americas chief operating officer to spearhead growth of the vendor's MDX (Market Data Expert)…
NY Fed: Capital Markets Must Be More Wary of Data Cyber Threats
Capital markets firms must take more steps to protect sensitive information and market data from cyber-terrorists intent on stealing and reselling valuable data, including carefully guarding their internal data architectures and external providers,…
NY Fed: Capital Markets Must Be More Wary of Data Cyber Threats
Capital markets firms must take more steps to protect sensitive information and market data from cyber-terrorists intent on stealing and reselling valuable data, including carefully guarding their internal data architectures and external providers,…
ICE Completes SuperDerivatives Acquisition
The IntercontinentalExchange (ICE) Group has completed its acquisition of SuperDerivatives, in an all-cash deal worth $350 million.
Bloomberg to Carry U.Michigan Consumer Data from 2015
Bloomberg will begin distributing consumer sentiment index data created by the University of Michigan from January 2015, in a non-exclusive partnership that runs until 2019, with provisions to extend the deal longer.
Neuberger Berman's Ganim: CISOs Have Their Work Cut Out
Bob Ganim, chief information security officer (CISO) at Neuberger Berman, a $250 billion New York-based asset manager, delivered the keynote address at this year's Buy-Side Technology North American Summit, held today at the Marriott Marquis in Times…
Société Générale Names Jacquemin CEO of German Unit
Pascal Jacquemin, an executive at Société Générale Securities Services who has worked at the firm since 1998, takes over as chief executive of SGSS Deutschland
IHS Adds SIX FI Equities Pricing
Market and economic information provider IHS has added global daily and historical equities pricing data from SIX Financial Information to its market intelligence, economic forecasting and research services.
BGC Partners Taps Hirschhorn as CIO
Brokerage BGC Partners announced Eric Hirschhorn will take over as the firm's chief information officer immediately.
Hillier-Brook Launches MCO Europe as McObject Tech Distributor
Data industry veteran Ian Hillier-Brook has established a new company, MCO Europe, to act as the exclusive European distributor for Issaquah, Wash.-based in-memory database provider McObject's eXtremeDB Financial Edition data management technology for…
Nomura Research Builds Mumbai Unit
The Japanese consultancy has hired Chiragra Chakrabarty, formerly a director at Deloitte and PwC, to lead its NRI FinTech unit in India