News
SunGard Debuts Front Arena Update
LONDON-Trading software provider SunGard has rolled out version 2010.1 of its Front Arena trading platform for general availability today, March 22, and has added advanced Value at Risk (VaR) and credit limit functionalities, according to vendor…
IPC Alliance Gets Management Facelift
NEW YORK-As part of an upgrade to version 16 of its Alliance trading communications platform, IPC Systems has introduced a Web-based management terminal to manage system and customer account information, vendor officials announced today, March 22.
Alacra Eyes Macro Algorithmic Data
Online business information provider Alacra is developing a database of macroeconomic data and commentary covering currencies and commodities for use by traders as an input into automated trading strategies in the equity markets.
Data Volumes Buck Trading Decline in US, Europe
Derivatives market data volumes in the US and Europe have continued to hit new peaks, despite a decline in derivatives trading in the US and Europe during 2009-although higher derivatives trading in Asia-Pacific resulted in flat trading volume growth…
'Avenues' Calls For Centralized Data Utility to Combat MiFID Abuse
A UK-based group of specialist consultants dubbed the Alliance of Independent Advisors to Financial Markets-or Avenues-has called for the creation of a centralized utility to create a pan-European "consolidated tape" of market data from European…
Activ Preps Frankfurt Datacenter
Chicago-based market data and technology provider Activ Financial is to offer its clients direct connectivity to Deutsche Börse, via a new datacenter facility based in Frankfurt run by datacenter operator and hosting services provider Equinix.
Activ Preps Frankfurt Datacenter
CHICAGO-Market data and technology provider Activ Financial is set to offer its clients direct connectivity to Deutsche Börse via a new datacenter facility based in Frankfurt run by datacenter operator and hosting services provider Equinix, say vendor…
Savvis Strikes First Notes of Symphony
NEW YORK-Network and datacenter host Savvis is preparing to deliver the first portion of its Savvis Symphony Virtual Private Datacenter (VPDC) offering sometime before the end of the second quarter, according to vendor officials.
Object Trading Shaves Pre-Trade Latency
SYDNEY-High-performance trading infrastructure provider Object Trading has rolled out enhancements to its FrontRisk Interactive In-Line Risk Management service for sell-side users, say vendor officials.
Icap Taps WHSS for Garban Feed Migration
Interdealer broker Icap has enlisted New York-based remote systems monitoring and support provider West Highland Support Services to assist clients migrating to Icap's new IP-based datafeed from its legacy Garban feed, which the broker plans to retire…
Chi-X Plans for a Big Summer in Asia
TOKYO-Alternative trading system (ATS) operator Chi-X Global expects to launch its Chi-X Japan and Chi-East non-displayed trading platforms this summer, officials tell DWT .
Redline Preps InRush Ticker Expansion
Woburn, Mass.-based ticker plant vendor Redline Trading Solutions is preparing to expand the capabilities of its hardware-accelerated InRush ticker plant with support for more exchange feeds, higher-bandwidth connectivity and more functionality around…
Rapid Addition to Launch FIXadtl Portal
LONDON-FIX messaging protocol software vendor Rapid Addition will launch a new global portal to ensure consistent deployment of the FIX Algorithmic Trading Definition Language (FIXatdl) files, and will announce the launch during the March 23 FIX Protocol…
Algo Tech Readies Low-Latency Feeds
The new venture of Hirander Misra, former chief operating officer of pan-European multilateral trading facility Chi-X, plans to launch ultra-low-latency market data services by this summer, as part of a suite of services including smart order-routing and…
FlexiSphere Expands Senior Management
NEW YORK-Startup compute cloud provisioner FlexiSphere has expanded its management team with the hire of Bob DeSantis as the vendor's president and COO, officials tell DWT .
AlgoEngineering Spins Off Tech Startup
NEW YORK-Low-latency execution provider AlgoEngineering recently launched a new venture, dubbed Algo Technologies, which will turn the vendor's proprietary infrastructure into products and services for third parties.
CQG Grows Data Integration with MathWorks, KaiTrade Links
Denver, Colo.-based data, charting and trading software provider CQG is expanding the capabilities of its Integrated Client platform via new partnerships with Natick, Mass.-based mathematical and modeling software vendor The MathWorks and trading…
CQG Grows API Partners with MathWorks, KaiTrade
DENVER-Data, charting and trading software provider CQG is expanding the capabilities of its Integrated Client platform via new partnerships with Natick, Mass.-based mathematical and modeling software provider The MathWorks and Chicago-based trading…
XtremeData Preps Data Distribution Hardware
Database analytics appliance vendor XtremeData is developing a PCI Express (PCIe) card with FPGA (Field-Programmable Gate Array) accelerators and network interface card ports to support low-latency data distribution between a user's ticker plant and…