Emerging Technologies
Chi-X Canada Bows "Retail Professional" Intermediate Data Fee Tier
Alternative trading system Chi-X Canada has introduced a new tier of market data fees for professionals such as investment advisors serving retail investors, developed with the assistance of market data and technology product management and marketing…
SimCorp Names Colson to European Post
The portfolio management software maker has hired Emmanuel Colson, recently of Thomson Reuters, as co-head of its Western European unit
NYSE Tech Gets China Data Nod
The Chinese State Council Information Office has granted NYSE Technologies, the data and technology arm of exchange group NYSE Euronext, approval to distribute market datato market participants in mainland China.
African Exchange Links Could Draw Investment, Liquidity
The alliances that stock exchanges strike between themselves often turn out to be game-changers for a region’s economy. Marina Daras looks at regional initiatives to link up exchanges in one of the fastest evolving regions of the world—Africa.
FIX Trading Community Updates Bond and Swaps Platform Guidelines
The industry-driven standards body has incorporated best practices for cross-asset trading, legal entity identifiers, central counterparty clearing, and electronic booking of voice trades into its new guidelines, ahead of full implementation of US swaps…
S&P CapIQ Taps Arista to Speed Data
S&P Capital IQ Real-Time Solutions (formerly French low-latency data vendor QuantHouse, which S&P acquired last year) is leveraging switch technology vendor Arista Networks' EOS (Extensible Operating System) to improve the performance of its QuantLink…
Calypso Opens Dubai Office
Technology vendor Calypso has announced that it will open a new presence in Dubai, responding to enhanced client growth in the Emirati city-state.
Pico, SpryWare Ally on Latency Offerings
Chicago-based ticker plant and feed handler provider SpryWare has struck a deal with New York-based agency broker and infrastructure provider Pico Trading to offer Pico’s clients access to the vendor’s feed handlers, and in return gain access to Pico’s…
Deep in the Heart of Chicago
Anthony previews some of the stories he'll be writing following his visit to Chicago.
Tradeweb Takes Control of BondDesk
Tradeweb Markets has agreed to acquire bond trading platform provider BondDesk to extend its business interests into the fixed-income industry.
Interactive Data Names Daffron New CEO
Interactive Data has appointed Stephen C. Daffron president and chief executive effective Sept. 20, replacing Mason Slaine, who has held the position for three years.
Former Morgan Stanley Exec Appointed Interactive Data CEO
Stephen Daffron will replace Mason Slaine as president and chief executive of the data vendor on September 20
DST Hires New Exec for North America
Boston-based DST Global Solutions has named Robert Leaper head of business development for North America, to expand its client base in the region.
Panel: Latency Monitoring More Important than Low Latency
Whereas 10 years ago, low latency was the preserve of a select few firms whose sole focus was chasing zero, the commoditization and ubiquity of low-latency technologies has made raw speed more of a necessity to keep pace with the rest of the market, and…
IMD Chicago: Firms Outsource Infrastructure to Address Data Storage, Regulation
End-user firms are increasingly turning to outsourcing to deal with the storage challenges associated with big datasets caused by rising data volumes and the ongoing raft of new regulatory initiatives requiring more intensive data collection, according…
Selerity Eyes Hires as Event Trading Renaissance Drives Demand
Selerity, a New York-based provider of low-latency unstructured events data, is preparing to expand its sales and analyst team in response to growing demand for its Selerity Alerts product.
SimCorp Study Notes Legacy Systems' Stubbornness, R&D Disparities
The research note from Ingo Walter, an NYU Stern Professor, surveyed 500 buy sides - finding that around a quarter of the world's top investment managers are still operating on legacy systems, despite their inherent challenges.
IMD Chicago: Exchange Data Fees, Policies Hindering New Entrants
The high cost of exchange market data─combined with unscheduled fee increases and a proliferation of new fees for previously free-of-charge data─continues to burden consumers, and is preventing newer firms from entering the market, according to a panel…
Panel: Firms Must Master "Dark Art" of Data Analytics to Gain Competitive Advantage
The faster a trading firm can analyze datasets that are growing in both size and complexity to extract meaningful "data about the data," the greater competitive advantage they will have, said participants on a panel discussing how analytics can be…
First Derivatives Picks Pruett for US Growth
Newry, Northern Ireland-based data management technology vendor First Derivatives has appointed former SIX Financial Information executive Jonathan Pruett head of strategic business development for the Americas, responsible for expanding the vendor's…
Tradition Taps Bloomberg Price Fixings for Volatis Trading Platform
Interdealer broker Tradition is to use daily price fixing observations from Bloomberg's independent valuation services for derivatives and structured notes, to provide prices that more accurately reflect realized volatility to Volatis, the broker's newly…
Hao Sun on the Need for Change of Place, Time, Thought and Future
Hao Sun, COO of proprietary trading from Ketchum Trading, who delivered the keynote address at this year's Inside Market Data Chicago event, says that firms must change their perceptions of place, time, thought, and future to gain long-term alpha in…
Top Sales Role at Misys for Brienzi
Misys, the Paris-headquartered provider of capital markets technology and services, has appointed Frank Brienzi as its new president and chief sales officer.