News
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…
Working Group Prompts Backdown on Bloomberg Fund Admin Fees
Bloomberg has backed down on plans to introduce new fees for fund administrator clients that use the vendor's data to calculate fund net asset values (NAVs) to their clients, according to members of a working group created by data consumers in response…
Fidessa Expands Bonds, Derivatives, Historical Data
London-based market data and trading technology vendor Fidessa is embarking on a project to expand its connectivity and broaden its asset class coverage with real-time and historical data on fixed income and derivative markets, officials say.
RTS Ramps Up Latency Reduction
NEW YORK-Trading services provider RTS Realtime Systems Group has gone into beta testing with the first of a three-phrase technology initiative to enhance its low-latency offering.
Fire Shuts TD London Floor
LONDON-TD Securities shut down its London office on March 11 due to a nearby fire that ripped through an office block on Tabernacle Street in outskirts of the City of London.
RFQ-hub Evaluates Gateway Strategy
LONDON-Bank-backed request-for-quote (RFQ) trading platform provider RFQ-hub is in the process of determining how best to interact with its FIX gateway after recently joining the Fidessa network.
Ullink Implements FIXatdl Publishing System
PARIS-Trading platform and connectivity provider Ullink plans to announce enhancements to its Algorithm Management System (AMS) in conjunction with the launch of version 1.1 of the FIX Algorithmic Trading Definition Language (FIXatdl) at the upcoming FIX…
BOX Eyes April Datacenter Switchover
NEW YORK-The Boston Options Exchange (BOX) plans to go into production from its new Secaucus, N.J., datacenter facility on April 26, exchange officials tell DWT .
UBS to Join Dark MTF Club
LONDON-UBS Investment Bank recently announced plans to launch Europe's latest non-displayed multilateral trading facility (MTF), pending regulatory approval by the U.K.'s Financial Services Authority (FSA), according to bank officials.
Stoxx Preps Global Index Expansion, Post-DJ
European index and data provider Stoxx plans to broaden its indexes and data offering with a focus on new international markets this year, following the vendor's split from its joint venture with Dow Jones Indexes last November.
Pink OTC to Launch Third Market
NEW YORK-Over-the-counter (OTC) securities market operator Pink OTC Markets is planning an April launch for a new market that trades companies registered with the U.S. Securities and Exchange Commission (SEC), DWT has learned.
Solace Enlists TS-A for Latency Monitoring
Hardware-based middleware vendor Solace Systems has partnered with data consultancy and latency monitoring technology provider TS-Associates to offer mutual clients end-to-end latency monitoring of applications utilizing Solace's messaging fabric.
TipOff Gains Solace Support
NEW YORK-As a result of a mutual banking client's request to cut its latency, latency monitoring platform provider and consultancy TS-Associates is adding support for Solace Systems' hardware-based Unified Messaging Platform middleware to its TipOff…
Reuters Deal Drives CJC Asia Push
UK-based data consultancy CJC is planning to open offices in Hong Kong and Singapore and hire staff in the Asia-Pacific region, to provide support for Thomson Reuters' hosted service offering and to support CJC's own push into the region.
Thomson Reuters Unveils Index Explosion
Thomson Reuters will this week roll out 7,500 new sector-level indexes, bringing the total number of indexes supported by the vendor and distributed through its data products to more than 8,000, officials say.
CBOE Banks on Demutualization, IPO
CHICAGO-The Chicago Board Options Exchange (CBOE) expects to complete its planned demutualization and initial public offering (IPO) by the end of the second quarter, according to exchange officials.E