Emerging Technologies
SIX FI's Kevil Goes West
SIX Financial Information has relocated sales executive Kimberly Kevil from the US East Coast to the San Francisco Bay Area to support large and important clients on the West Coast, and to lead sales in California and Mexico, and reporting to Barry…
UTP Participants Propose Adding Odd-Lot Trades to Tape
The Securities and Exchange Commission is inviting comments on proposals by the exchange participants in the UTP (Unlisted Trading Privilege) consolidated tape of quote and trade data in Nasdaq-listed stocks to include odd-lot trades on the UTP last sale…
Open Platform: The Search for Clarity
In an environment where the only constant is constant change, reliable data becomes more valuable than ever. But with unprecedented volumes of data and unrivalled access to data, finding ways to gain clarity from these data volumes is even more critical,…
Axioma Adds Credit Suisse HOLT Fundamental Data
Risk management and index analytics provider Axioma has integrated fundamental factor data from Credit Suisse's HOLT fundamental analysis, idea generation and benchmarking platform into the Performance Attribution module of Axioma Portfolio Analytics and…
NYSE Tech, First Derivatives Ally for As-a-Service Offerings
NYSE Technologies, the data and technology arm of NYSE Euronext, is working with Northern Ireland-based data management software vendor First Derivatives to develop a suite of historical data-as-a-service solutions, dubbed Tick as a Service, that will…
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…