Emerging Technologies
Marketcetera Integrates Activ Data
Open-source trading system provider Marketcetera and low-latency data vendor Activ Financial will this week announce a deal to integrate their technologies, so that Marketcetera clients can immediately deploy Marketcetera against Activ datafeeds, while…
Newedge Consolidates U.S. Operations
NEW YORK-Multi-asset brokerage Newedge plans to complete the integration of all of its operations in the U.S. into one entity, dubbed Newedge USA, by Sept. 1, DWT has learned.
SunGard Readies GL Buyout
Financial technology giant SunGard last week announced plans to acquire French data and trading technology vendor GL Trade, in a deal that would value GL at just over €400 million.
ISE Price Glitch Sparks Opra BBO Error
A technical problem with a software update at the International Securities Exchange caused problems with the best bid and offer data calculated and distributed as part of the Options Price Reporting Authority's consolidated feed of US options quote and…
Charity Begins On the Trading Floor
Cover Story
Counterparty Time
Counterparty data projects are appearing across the industry. Market veteran David Goldberg talks to Carla Mangado about this newly emerging career path
FactSet Rebrands Thomson Fundamentals
FactSet Research Systems has launched FactSet Fundamentals, a historical financial information database of income statements, balance sheets, cash flows and related underlying data from the footnotes of financial statements for more than 43,000 companies…
Thomson Reuters to Consolidate Networks
Thomson Reuters is planning to merge its five combined data delivery networks over the next five years, to produce a single data infrastructure based on the Reuters Integrated Data Network (IDN), officials tell Inside Market Data .
Associations Challenge SEC's Arca Data Fee Approval
Industry groups have expressed opposition to a proposal last month by the Securities and Exchange Commission to approve the introduction of market data fees by NYSE Arca, rejecting the SEC's argument that the fees are reasonable because the exchange…
Thomson Reuters Unveils Product Plans
Thomson Reuters will standardize on two desktop platforms-Thomson One and a new Thomson Reuters platform-but will no longer pursue new sales for its Thomson datafeeds and Thomson Financial News, and will migrate existing clients to services from the…
FISD Certification Plans Gain Industry Support
Data industry professionals have backed plans by industry association FISD to introduce a certification program for market and reference data job functions and skills, though some respondents have raised questions about the proposed certification…
Opra Predicts Slower Traffic Growth
The Options Price Reporting Authority has revised its traffic projections for January 2009 downwards, reflecting the success of quote mitigation strategies implemented by the US options exchanges to counteract the anticipated data volume increases…