News
Algo Tech Readies VoR Feed Service
Algo Technologies, the data and trading technology vendor headed by former Chi-X Europe chief operating officer Hirander Misra, plans to establish itself as a vendor-of-record for data from exchanges and multilateral trading facilities, officials say.
Panopticon Taps Progress, Sybase for Data Connectivity
Stockholm-based data visualization software vendor Panopticon has partnered with Sybase and Progress Software to broaden the range of real-time and historical data that it can display, and has developed an updated software development kit (SDK) that…
Gmarkets Taps Hestiun for Growth
Canadian data vendor Gmarkets is planning a major global expansion with new offices and additional content, as a result of receiving a funding injection of an undisclosed amount from private equity firm Hestiun Capital, officials say.
Fidessa Adds International Data to Canadian Trading Platform
Trading technology and data provider Fidessa is planning to add data on US and Canadian equity options to its Canadian trading platform-following the integration of the platform with its global trading service-in response to increasing demand for global…
Telekurs Buys CSV for Evaluated Pricing Growth
As Inside Market Data went to press, SIX Telekurs acquired the assets of CSV (Complex Security Valuations), a Ridgefield, Conn.-based specialist provider of evaluated prices for illiquid securities and complex derivative instruments, for an undisclosed…
Industry: HFT Brings Higher Costs to Futures Markets
NEW YORK-Direct market access (DMA) is changing how technology providers and trading venues are working with futures commission merchants (FCMs) in conducting high-frequency trading (HFT) and managing its risks, according to members of the futures…
CLS, Traiana To Take Fourth Bank Live
LONDON-Royal Bank of Scotland (RBS) is set to become the fourth bank to go into production on the CLS-Traiana joint-venture trade aggregation service by early May, according to an official at the bank in London.
Thomson Reuters Readies ‘Re-Platformed' Services
Thomson Reuters is changing its service model to support new products and services being rolled out over the coming weeks and months, and to respond to evolving client needs resulting from changes in the financial markets since the credit crunch and…
SunGard Debuts Brass Successor
JERSEY CITY, N.J.-As part of a global rollout of a new integrated software and execution services suite, Valdi, SunGard officials announced today, April 19, the general availability of the vendor's next-generation multi-asset order management system (OMS…
TSE Arrowhead Targets Algo Flow
The operators of the Tokyo Stock Exchange (TSE) began this year with the deployment of a next-generation equities matching engine, Arrowhead, for equities trading. DWT European reporter Tanzeel Akhtar speaks with Yoshinori Suzuki, senior executive…
Quick Adds Multi-Asset Fixings to Icap Deal
Japanese market data vendor Quick has extended its partnership with interdealer broker Icap to include redistribution rights for the Icap FIX data service, which the broker launched at the end of last year to meet demand for its data services, driven by…
IPC Upgrades Toronto PoP
TORONTO-Financial services communications provider IPC Systems has upgraded the Toronto point of presence (PoP) serving its Electronic Connectivity Services (ECS) and Enhanced Voice Services (EVS) for the Canadian market, officials announced today, April…
GigaSpaces Brings Cloud to the Grid
NEW YORK-Grid-enabling platform provider GigaSpaces Technologies has released version 7.1 of its eXtreme Application Platform (XAP), which is designed to make data and application scaling simpler, according to vendor officials.
Robeco Cuts Costs with Infomatch ASP
Dutch asset manager Robeco has migrated to a hosted version of the Infomatch market data inventory management software from Dutch vendor Screen Consultants, in a bid to trim the firm's overall cost of supporting the software.
Algo Technologies Launches First Deliverables
LONDON-Trading infrastructure start-up Algo Technologies has debuted its new matching engine offering today, April 19, officials tell DWT .
Nascent Cloud Security Drives Hybrid Strategies
NEW YORK-While compute clouds promise inexpensive and plentiful computing resources, the lack of standard security practices has led many users in the financial services industry to adopt a hybrid public-private cloud strategy, according to members of…
Options IT Revamps Pipe-Lines
Infrastructure-as-a-service vendor Options IT has re-architected the network links between its European datacenters and exchanges to support higher message rates and the low-latency needs of high-frequency traders.
FSMLabs Updates TimeKeeper Monitoring Tool
FSMLabs, a provider of real-time software and operating system management technology, has released version 3.0 of its TimeKeeper server-clock synchronization product for applying accurate timestamps to data being distributed between low-latency trading…
Trayport Docks Gateway System at CME Globex Markets
LONDON-Commodities trading system provider Trayport is launching a new connectivity option to certain CME Globex markets in its Trader Gateway system by incorporating systems from Australian trading infrastructure provider Object Trading, officials tell…
Interxion Stockholm Center Key to Lower Latency
Stockholm-European datacenter provider Interxion has inked an agreement with Stockholm-based Nordic Growth Market (NGM) to locate NGM's matching engine at Interxion's Stockholm datacenter.
Options IT Reduces Latency in Fragmented Europe
LONDON-Infrastructure as a service (IaaS) provider Options IT has lowered the latency of its Options Pipe Velocity market connectivity service for major European trading venues by an average of 200 microseconds among all European markets, vendor…