Emerging Technologies
Get Ready for APFIC
With the financial markets in turmoil, my girlfriend and I last week made our first foray into the commodities markets with the purchase of a diamond. Yes, it's an engagement gift, but it's also an investment that can become an heirloom and an item of…
BNP to Take Over Fortis Data Admin
The recently announced break-up of the Fortis banking and insurance group between the Dutch government and BNP Paribas will result in a major reshuffle of data administration functions and marks the end of Fortis' group-wide market data competency center…
Whither Exchanges
Now that we have reached the latter half of October, the multilateral trading facility (MTF) space is set to heat up as Bats Europe prepares to go live ( see story, page 11 ) and interdealer broker Icap announced its intention to bring yet another MTF…
A Sense of Re-Purpose
Thomson Reuters' enterprise division head Jon Robson understands the importance of standing out from the crowd. Tine Thoresen talks to him about the value of doing things differently, and the wisdom behind "re-purposing" his division's offerings
FISD Details 'Fee-Free' Data, Preps Standards
Industry association FISD has posted the results of a survey of exchanges' policies around fees for data use in non-trading applications on its Web site, and is preparing a best practices document to promote an industry-wide standard around charging for…
Vendors Brace for Merrill-Lehman Fallout
Data vendors are implementing cost control procedures to mitigate the impact of the sales of Merrill Lynch and Lehman Brothers to Bank of America and Barclays, respectively, last week.
STAC Readies Data Benchmarking Tools
The Securities Technology Analysis Center is set to unveil a suite of tools for benchmarking market data technology installations that will utilize a set of procedures expected to be approved last week by end-user members of STAC's Benchmark Council.
Telvent Buys DTN for Agri Data Drive
Spanish energy technology service provider Telvent last week bought Omaha, Nebraska-based DTN-which provides data on the agricultural, refined fuels and weather markets-for $445 million in cash, to expand into the US agricultural and commodities data…
Solace Taps Former Tibco Staffers for New Offices
Hardware-based networking provider Solace Systems recently completed a hiring spree of former Tibco staff to fill a round of new offices in Atlanta, Palo Alto and Tokyo that the vendor announced last week.
SIX Telekurs Launches CEO Hunt
SIX Telekurs, the market data vendor subsidiary of newly rebranded SIX (Swiss Infrastructure and Exchange) Group, is seeking a new chief executive, after announcing last week that current CEO Marc Carletti plans to leave the vendor after just over 18…