News
Brokerjet Terminal Takes Flight with VWD
Brokerjet, the online brokerage subsidiary of Austrian bank Erste Group, has rolled out a new market data display and trading terminal from Frankfurt-based vendor VWD Group, dubbed Pro Trader, to institutional clients in Austria and neighboring countries…
Convertibles MTF Vega-Chi Prepares for Launch
London-based convertible bond multilateral trading facility Vega-Chi will officially open for trading and begin disseminating live market data this Wednesday, Feb. 17, following the release of a "pre-go-live" version of its trading application last week.
Hanweck Readies European Version of VoleraFeed
Options analytics provider Hanweck Associates is adding coverage of European markets to its VoleraFeed solution, which provides real-time implied volatilities for options on equities, indexes and futures, to meet demand from clients seeking to use…
StreamBase Opens Developer Community
Complex event processing software vendor StreamBase Systems will this week unveil an open-source developer community portal, dubbed StreamBase Component Exchange (SBX), which allows developers to share non-proprietary code developed for use with the…
Cloud Computing Must Overcome Cost, Security Concerns
LONDON-The twin issues of cost and security have major global banks wary of adopting cloud computing on a massive scale, according to industry participants who spoke during a recent cloud computing conference held in London.
LSE Shuffles Execs, Hires New CIO
LONDON-In preparation for integrating the Turquoise multilateral trading facility (MTF) with its Baikal dark liquidity pool and rolling out its MillenniumIT Exchange, the operators of the London Stock Exchange (LSE) have hired Antoine Shagoury to be CIO.
MarketAxess to Integrate CTT, RFQs
NEW YORK-Electronic fixed-income trading venue provider MarketAxess plans to integrate its click-to-trade (CTT) capability with its request-for-quote (RFQ) capabilities for its European market, vendor officials tell DWT .
TT Targets Proximity-Based Trading Strategies
NEW YORK-Multi-asset trading technology provider Trading Technologies International (TT) expects to add proximity-based strategies to a yet-named new product in its Strategy Engine (SE) product line.
Omega ATS Adds New Backer
TORONTO-Financial services advisory firm Tactico has purchased approximately a 25 percent interest in Canadian alternative trading system (ATS) operator Omega for an undisclosed sum.
Thomson Reuters Steps into DMA with Aegisoft Buy
NEW YORK-Thomson Reuters has filled out its trading platform portfolio with the recent acquisition of execution management system (EMS) provider Aegisoft.
Skyler Shifts Development Ops to London
Concord, Calif.-based tick database and data technology provider Skyler Technology is shifting its base of operations to London, including all of its software development and support functions, in a bid to reap cost benefits and to be closer to a major…
Bond MTF Vega-Chi Set to Go Live
LONDON-European convertible bond traders will have a new source of liquidity as the Vega-Chi multilateral trading facility (MTF) commences trading on Feb. 17, according to MTF officials.
Morningstar Reorganizes Real-Time Support
Chicago-based vendor Morningstar has reorganized the support operations of its Real-Time division-formed following its acquisition of Tenfore Systems in 2008-to provide centralized support for the vendor's global data acquisition and distribution…
Pragma Establishes Crossing ATS
NEW YORK-Quantitative trading services provider Pragma Securities recently launched Onecross, a multi-benchmark alternative trading system (ATS) and dark crossing network that allows traders to pair off on market-on-open and market-on-close orders,…
CME Eyes Index Products with Dow Buy
CME Group plans to create new indexes and financial products based on its exchange-traded and over-the-counter data assets, and will leverage CME's data distribution network to expand the index products' reach, following its $607.5 million purchase of 90…
Microsoft SQL Server to Gain Native CEP
NEW YORK-Software giant Microsoft expects to include its complex-event processing (CEP) platform as a standard feature in the next release of its Microsoft SQL Server line, due out before the end of the second quarter, DWT has learned.
Atrium, Chi-X Prep Canada Exchange Ring
Alternative trading system Chi-X Canada and network service provider Atrium Network are finalizing a low-latency one-Gigabit network that will offer connectivity to the five main displayed liquidity venues for trading Canadian equities.
Colt Enters PaaS, IaaS Provider Space
PALO ALTO, CALIF.-European telecom provider Colt plans to offer financial services and other clients the ability to deploy and manage enterprise applications across physical, virtual and compute cloud infrastructures, vendor officials announced today,…
Vendors Roll Out LSE UK Bond Market Data
Market data terminal providers serving the retail stockbroking and advisory market in the UK and Ireland have begun displaying real-time fixed-income data from the Retail Bond Market launched by the London Stock Exchange last week, officials tell Inside…