Inside Market Data - Vol 23 No 13
Articles in this issue
Reference Data Raises its Profile
The market data world's alter-ego, reference data, gained traction in 2007, with new regulation and an increased focus on risk management fueling investment in projects for cleaning and centralizing data.
Panels: Firms Must Cut Internal Latency
The growth of data volumes from new trading and reporting venues, and the need for ever-lower latencies for algorithmic trading, are forcing firms to re-evaluate their existing data infrastructures and consider dual tiers of technology, to eliminate…
Regulation Takes Priority for Data Spend in '07
A major theme of 2007 was the introduction of key, market-changing regulations, which generated a new focus on regulatory compliance for data managers and data-related projects. Most significant were the European Commission's Markets in Financial…
Trade Alert Expands IM Alerts
New York-based Trade Alert, a provider of options trade data and analytics via instant messaging, is adding new features to its Options Alert product to expand the range of data and alert types that the system can provide.
Algo News Feeds Evolve, Seek Traction
The evolution of so-called newsflow algorithms-tagged news feeds designed to trigger orders within algorithmic trading applications-continued during 2007, though take-up among end-users still remains muted.
Hardware Data Solutions "Accelerate"
Since Exegy unveiled its first hardware-based ticker plant "appliance" at 2006's SIFMA show, the concept of hardware acceleration has become more common throughout the data industry. But while its benefits seem compelling, some barriers to adoption still…
Latency, CEP Drive Change as Firms Favor Incumbents
The demands of low latency and the complexities of event processing technologies for data and pricing were the main drivers for new deals and deployments during 2007, as-for the most part-end-user firms expanded agreements with trusted providers rather…
LSE Targets April for Performance Channels
The London Stock Exchange aims to go live with a full production version of its low-latency Performance Channels datafeed in April 2008, following a period of testing with user firms that begins in January.
Code Red Preps Jan. Launches
Research management software vendor Code Red is targeting Jan. 1 to roll out both its IdeaNet online broker-client communication platform and version 3.2 of its Red Alerts research management system, which includes built-in integration between standalone…
Algos, Latency Force Asia Upgrades
Rising trade volumes in Asia Pacific, and growing demand for access by offshore investors, along with the spread of algorithmic trading spurred exchanges to improve their trading and data systems during 2007 to allow for greater message-handling capacity…
Data Volume Explosion Continues
US options and equities exchanges experienced a continuation of unprecedented growth in message rates during 2007, causing vendors' and user firms' data infrastructures to struggle under the sheer volumes of market data, and spurring adoption of new…
CEP Becomes Less Complex
Complex event processing took steps towards standardization during 2007, with vendors seeking to simplify the mystique surrounding the CEP and stream-processing space, opening themselves more to partnership and collaboration, and calling for measurable…
Exchanges Jostle for Position with New Venues
The global exchange landscape saw a slew of merger and acquisition stories unfurl over the course of 2007. But while the largest exchanges develop into global powerhouses of data and trading activity, expanding both geographic and asset class coverage,…
Nasdaq Readies Options Depth Feed
Nasdaq plans to create a proprietary options market depth datafeed to carry the full depth of data from its forthcoming options market, and to provide increased transparency into the options market-though the exchange has not yet set a launch date for…
Thomson-Reuters Overshadows Consolidation Frenzy
After years of buying up smaller competitors to boost their own assets, Thomson and Reuters finally agreed to pool their resources this year, making 2007 the year of the largest-ever single takeover deal to hit the market data industry.
Guest Editorial - Prepare to Shift Gears
With globalization, algorithmic trading and regulatory initiatives forcing vendors to 'walk the walk' this year, remaining focused on basic client needs will be a key differentiator in 2008. In this exclusive guest editorial column, Thomson Financial…
Bear Expands Derivatives Pricing
Bear Stearns is expanding the range of derivatives products for which its PricingDirect division provides valuations, and is also expanding the currencies in which the firm provides valuations, officials tell Inside Market Data .
A Market Data Christmas Carol
After returning home from the FISD's holiday party last week, I was woken by the sounds of a horrible wailing and the noise of chains dragging on the ground as the specter of late, great market data manager Jake Marley appeared before me.
