News
SmartTrade Launches New FX-Focused OMS
SmartTrade Technologies has recently launched its next generation of Order Management System (OMS), focused on foreign exchange (FX).
Quincy Data Sets Up Weehawken PoP
Oakland, Calif.-based low-latency connectivity and market data provider Quincy Data has established a point of presence in Savvis’ NJ2 datacenter in Weehawken, New Jersey to provide firms co-located in the facility with ultra-low-latency futures data via…
National Bank Financial Deploys NovaSparks FPGAs
Canadian investment bank National Bank Financial, a subsidiary of the National Bank of Canada, has rolled out French data technology provider NovaSparks' FPGA Matrix feed handler framework─which delivers deterministic "wire-to-memory" and order book…
Xignite Taps Nasdaq FinQloud to ‘Accelerate’ Data Cloud Adoption
San Mateo, Calif.-based on-demand data provider Xignite has migrated its entire web services data infrastructure to Nasdaq OMX’s FinQloud hybrid financial services-dedicated cloud computing environment, to accelerate cloud acceptance and adoption among…
Redline Preps Asian Feeds, HK Presence
Woburn, Mass.-based low-latency ticker plant vendor Redline Trading Solutions is adding support for datafeeds from Asian exchanges, and has established an office in Hong Kong to provide technical support to clients in the region.
Thomson Reuters to Retire 3000 Xtra
Thomson Reuters has notified customers that it plans to withdraw support for its Reuters 3000 Xtra legacy market data desktop terminal after Dec. 31, 2013, and has begun the process of decommissioning the platform’s corresponding services and local…
Buy-Side Technology Awards 2013: The Winners & Write-ups
Buy-Side Technology is pleased to announce the winners of the seventh annual Buy-Side Technology Awards. The Awards were held earlier today, Nov. 1, at the Waldorf Hilton in London. The guest of honor was former England rugby union international Will…
Tradeweb Revamps Retail Fixed Income With BondDesk Buy
Tradeweb Markets, a builder and operator of fixed income and derivatives marketplaces, has completed the acquisition of BondDesk Group, a provider of retail fixed income wealth management and trading technology, which Tradeweb purchased in September.
Mongolia's ResCap Securities Live on NRI/Omnesys/GII Platform
Nomura Research Institute's Financial Technologies India (NRI FT India) division has partnered with Omnesys Technologies and Global Investment Initiative (GII) to build and modernize financial and trading infrastructure in the Mongolian marketplace via a…
BATS Enlists Interactive Data for Low-Cost Data Terminals
US exchange operator BATS Global Markets has launched two new desktop data and analytics workstations, developed in conjunction with Interactive Data and based on the vendor's own terminal products, utilizing BATS' free-of-charge equities data.
Asia-Pacific Stock Exchange Startup Readies Data, Research Ahead of Launch
The Asia-Pacific Stock Exchange (APX), a new Sydney, Australia-based exchange that will list equities in Chinese and Australian companies, will begin rolling out a suite of data services with an emphasis on news and fundamental research, when it launches…
Nanospeed Readies FPGAs for Asia, Europe
London-based startup hardware provider Nanospeed, which this week launched its Nano-TG ultra-low-latency trading gateway for US equities and options markets, is now developing support for a number of additional Asian and European markets in response to…
South African CSDs Create Collateral Management Industry Forum
South African central securities depository (CSD) Strate, and Deutsche Börse’s Clearstream international CSD have announced the creation of a Collateral Management Industry Forum for the South African financial market.
NYSE Euronext and ICE Postpone Merger Closing Date
NYSE Euronext and IntercontinentalExchange (ICE) have delayed the closing date of the $8.2 billion merger transaction, as the deal is still pending European regulatory approvals.
Symphony Technology Group Live on iLevel
The Palo Alto-based $2.0 billion specialist private equity firm, known as STG, invests in midsize enterprise software and services companies, and is set to use iLevel's private capital data platform.
Bank of Singapore Takes Ullink's OMS and Connectivity
Bank of Singapore has selected Ullink’s connectivity and order management systems.
ISE Blames OPRA for NBBO Data Exclusion
A technical issue at the Options Price Reporting Authority resulted in the International Securities Exchange's main market and secondary options exchange Gemini not being included in the OPRA national best bid and offer (NBBO) feed for part of the…
Thomson Reuters to Slash 3,000 Jobs
Thomson Reuters has announced that it will cut around 3,000 jobs from its Financial and Risk unit, despite reporting positive net sales for the division in its third quarter results this week.
ISE Shuffles Data Execs, Soule Exits
The International Securities Exchange has reorganized the team of executives responsible for the exchange's market data, resulting in an expanded role for business development officer Jeanine Hightower and the departure of former head of market data Jeff…
Tora Adds Short Sale Functionality to Compass to Address New Regs
To address new rules from the Japanese Financial Services Agency (JFSA), Asia-focused buy-side technology vendor Tora has enhanced its Compass solution to allow buy-side firms to stay compliant with a new short-selling mandate.
Nanotick Launches Historical On-Demand CME Data Service
Nanotick, a joint venture between direct market access software provider Onix Solutions and proximity hosting and market data provider VDIware, has launched an on-demand service that provides historical market data from the Chicago Mercantile Exchange …
Deutsche Börse Preps for HFT Regulation
Deutsche Börse has released version 14.0 of its electronic trading system, Xetra.
BI-SAM Adds Frongello for Client Training
BI-SAM has announced that Andrew Frongello has joined the firm as its director of learning and development, focusing on client training programs run by the vendor.
Misys Appoints Häring as CMO
Global technology vendor Misys has announced the appointment of Martin Häring to the position of chief marketing officer (CMO).