Emerging Technologies
CodeStreet Claims Client Savings
Trading firms can make substantial savings on the costs of testing trading strategies against historical market data by using the Market Data Works suite of products from New York-based software provider CodeStreet, for creating repeatable market data…
Sources: Reuters Plus Set for Retirement
Thomson Reuters is expected to discontinue the Reuters Plus data workstation for financial advisers and wealth managers, as part of the vendor's post-merger product rationalization strategy, sources tell Inside Market Data .
Banks Stall on Exchanges' App Data Fees
New exchange policies that charge banks for using market data in non-display applications and creating derived data from real-time exchange feeds are being met with resistance by some banks, some of whom are stalling the process of signing new contracts,…
That Time of Year
If it's June, it means that the Securities Industry and Financial Markets Assoc-iation's (Sifma's) Technology Management Conference and Exhibition is upon us. For three days this week, financial technologists will meet, mingle and schmooze with…
Liquidnet Polices Members with CEP
Equity dark pool and agency brokerage Liquidnet has been able to detect and address activity that violates its membership protocols and "can be a sign of a trader misusing the system," as a result of deploying a complex event processing engine from CEP…
Dickey Brings Data to Fruition
Steve Dickey, former vice president of market data products and information at the Chicago Board of Trade, who left the exchange following its merger with the Chicago Mercantile Exchange, has landed a new role at Chicago-based IT consultancy Fruition…
Alphacet Enlists BT, Interactive for Quant Platform
Stamford, CT-based start-up quantitative analysis software vendor Alphacet has collaborated with BT and Interactive Data Corp. to launch Alphacet Discovery, a strategy development platform incorporating feeds for real-time, historical and reference data,…
Chief Thinking
There are two types of CDOs. One is currently being met with scepticism in certain investor communities. But the other - the chief data officer - is growing in popularity. As data management matures as a discipline, management structures and people…
Leslie, Hooley, Low
Position Keeping
The Next Level
Feature
DJ Cuts Tech Staff in Outsourcing Play
Dow Jones will this month begin laying off 90 staff in its technology and operations department, following a decision to outsource some of its underlying group technology and support functions to Indian offshore development and IT outsourcing provider…
Thomson Reuters Touts Custom Solutions
Thomson Reuters is combining its products for pricing, analytics and risk management to provide valuation risk solutions customized to client needs, to address the challenges of valuing complex securities and provide a comprehensive view of risk exposure.