News
Revamped Ticker Plant, API, Data Appliances Up Exegy Throughput
St. Louis, Mo.-based hardware ticker plant vendor Exegy has released versions 3.3 of its hardware-accelerated Ticker Plant, Market Data System appliances and Exegy Client API, which will provide customers with expanded order book information on the…
Markit Launches Chat Rooms on Collaboration Services
Markit has launched a new software component of its Collaboration Services open messaging initiative that will enable investment banks and other financial institutions to create instant message chat rooms—and to proactively monitor who can access them,…
Thomson Reuters Preps 2015 Fee Hikes
Thomson Reuters is to raise prices for certain data products and services by up to 10 percent, effective Jan. 1, 2015, especially for legacy products and services and for contracts agreed at a discount to the current list price, Inside Market Data has…
TFG Financial Systems to Acquire RTS
TFG Financial Systems (TFG) has announced it has acquired US-based Risk Technology Solution (RTS) to support its portfolio risk management system and expand in the US.
Barchart Launches 'EDM' Service, Revamped Content Portal
Chicago-based data vendor Barchart has officially unveiled Barchart EDM──a new integrated solution that combines components of its various content and data delivery mechanisms into a managed service for market data capture, management and distribution─…
Russian Sanctions Create Identifier Issues
Tracking US and EU sanctions of Russian entities extends to around 7,500 subsidiaries and affiliate relationships—and any debt or equities issues from them—leading to more demand to manage identifier data, says a Thomson Reuters regulation specialist
Platts Sweetens Commodities Data, Ups Sugar Content
McGraw-Hill Financial-owned commodities and energy data provider Platts has released a new real-time news, data and benchmark pricing service for global agriculture markets, dubbed Platts Agriculture Alert.
SROs Submit Plan for Audit Trail, Initial Costs Estimates Average $53 Million
A group of self-regulatory organizations (SROs) selected by the Securities and Exchange Commission (SEC) submitted its plan to build, implement and maintain the Consolidated Audit Trail (CAT) that will track activity in every National Market System (NMS)…
VWD Names Chief Product, Sales Officer; Expands Board
German data vendor VWD has hired Udo Kersting as chief product officer and chief sales officer, and appointed him to the company's board of directors, in a move to boost innovation and product development.
Esma Consults on NDF Clearing
The European Securities and Markets Authority (Esma) has opened a consultation on the clearing of foreign-exchange (FX) non-deliverable forwards (NDFs).
NetDania Preps HTML5 Charts, Mobile Trading App
NetDania, a Danish provider of foreign exchange data display and analytics workstations, is rolling out a new HTML5 charting solution and an upgraded version of its NetDania mobile app in response to customer demand for more functionality, officials say.
Options Expands Into CME, Completes US Co-Lo Map
Infrastructure-as-a-service provider Options (formerly Options IT) said it has expanded into CME Group's co-location facility in Aura, Illinois, completing its coverage of all US exchange co-location facilities.
IEX Taps First Derivatives for Market Surveillance
Alternative trading system IEX has selected the Delta software platform from First Derivatives for its trade surveillance and analytics capabilities.
COOs, CDOs Must Collaborate On Compliance-Driven Changes, Survey Finds
Collaboration at the C-level figures prominently in data and risk management improvement, according to many respondents in a survey co-sponsored by Broadridge Financial Solutions
SGX Unveils Derivatives Index Business to Boost Interest in Traded Contracts
The Singapore Exchange is rolling out the first phase of a new index calculation engine, initially to create indexes of SGX-listed derivatives, which officials say will add value to SGX's Asia-centered offering by expanding its index business while…
Gurle: Goldman Consortium's $66M Symphony Will Make Harmony with Markit Messaging
Symphony, the secure messaging platform being created by the $66 million acquisition of Palo Alto-based software vendor Perzo by 14 major financial firms, will complement──rather than compete with──data vendor Markit's Collaboration Services suite of…
Abacus Adds Transparency into its Cloud
Buy-side focused Abacus Group has launched Abacus Client Portal, which is designed to give clients greater control of and transparency into their AbacusFLEX cloud services.
Stock Order Worth $617 Billion Cancelled in Japan's OTC Market
Shares in 42 companies adding up to $617 billion were canceled in Japan's over-the-counter market thanks to a trading error, according to a report from Bloomberg.
Esma Releases Final Draft Standards for IRS Clearing
The European Securities and Markets Authority (Esma) has released its final draft regulatory technical standards (RTS) for the central clearing of interest-rate swaps (IRS).
Goldman-Led Consortium Unveils Symphony Communication Services
In what's seen as an effort to compete with the likes of Bloomberg, Thomson Reuters and Markit, Goldman Sachs and 13 other industry partners have invested in a new company called Symphony Communication Services Holdings, after it acquired Perzo Inc.,…
Top Banks, Hedge Funds Buy Perzo Messaging Platform for $66M
A consortium of 14 major financial firms has acquired Palo Alto, Calif.-based messaging platform provider Perzo and renamed it Symphony with a $66 million investment to provide an open-source, secure and compliant messaging platform for financial…
BATS Delays New Feed Launch After SEC Extends Review Period
BATS Global Markets has delayed the launch of its BATS One consolidated feed of data from the four equities markets operated by its BATS and Direct Edge exchange, after the Securities and Exchange Commission extended its 45-day period by a further 45…
Finra Proposes Rule to Protect Investors, Analyze Brokerages
The Financial Industry Regulatory Authority (Finra) has begun soliciting comments for a proposed rule that would require brokerages to periodically report information on their securities accounts and the securities accounts for which they clear.
Rimes to Include Thomson Reuters' Indices in Rimes BDS
Rimes will add several equity and fixed income indices from Thomson Reuters on its Rimes Benchmark Data Service (Rimes BDS) in order to expand its database and meet the growing demands from the buy side for more data.