News
SmartPool sets new dark pool benchmarks
SmartPool, the European dark liquidity pool created by NYSE Euronext in partnership with HSBC, JP Morgan and BNP Paribas, has reported record trading volumes for January and significant growth following its migration to NYSE Euronext's Universal Trading…
Cadis creates 'Centre for Excellence'
Cadis, the London-based buy-side data-management specialist, has launched a 'Centre for Excellence' designed to help clients to self-install Cadis implementations.
Advent unveils update to Axys
Advent Software has released Axys 3.8, an updated version of the San Francisco-based buy-side vendor's portfolio accounting and reporting platform. Axys 3.8 includes updates to support the 2010 Options Symbology Initiative (OSI), an industry-wide…
Sybase acquires Aleri to strengthen CEP capabilities
Sybase, a provider of enterprise and mobile soft ware, has finalised an asset purchase agreement with Aleri, a provider of enterprise-class complex event processing (CEP) technology and CEP-based solutions. CEP plays an integral part in real-time…
Month in Numbers
"There will always be hedge fund managers and others who will try to ride a wave of optimism to fortune with other people's money. That mindset will return; the question is whether lenders, creditors and regulators will allow it"
BATS Readies Fees for Value-Add Data
The BATS Exchange is preparing to introduce its first fee-liable market data products, designed to improve transparency and execution quality, though officials insist the exchange will continue to provide direct access to its core feeds of market data…
Exchanges Gear Up to Comply with Uptick Rule
NEW YORK-Major U.S. exchanges say modifying their trading systems to comply with the recent changes to limit short selling by the U.S. Securities and Exchange Commission (SEC) will be a coordinated effort and should be completed by the end of the year.
Soza Takes Top Data Job at BoAML
Bank of America Merrill Lynch has named Miriam Soza head of global market data services, replacing Vincent Patrizio, who has left the firm, Inside Market Data has learned.
Chi-X Europe Won't Fill Vacated COO Role
NEW YORK-Pan-European multilateral trading facility (MTF) Chi-X Europe will not replace former chief operating officer (COO) Hirander Misra, who resigned Feb. 19, saying he planned to pursue other interests.
Dow Jones Expands Investment Banker
Dow Jones is enhancing its Investment Banker suite of news and commentary targeted at the needs of investment banking professionals, to enable users to spot and act on more opportunities.
The Deal of the Millennium
As the CEO of an exchange technology provider, what do you do when a premier global exchange comes knocking on your door asking if you would be interested in providing them with a new trading system and also whether they could make a strategic investment…
RTI, Paremus Partner for Next-Gen Cloud
Paremus, a London-based distributed computing software vendor, is integrating its Service Fabric software runtime platform with a low-latency data messaging layer from Sunnyvale, Calif.-based middleware vendor Real-Time Innovations, to create a framework…
Activ Lets Fly With Arrowhead MPU
Low-latency data vendor Activ Financial has added support for low-latency data from the Tokyo Stock Exchange's new Arrowhead technology platform to its datafeed, as well as to its ActivFeed MPU (Market data Processing Unit) hardware accelerated ticker…
Paremus Adds Clients with Low-Latency Messaging
LONDON-Two unnamed global investment banks plan to have pilot implementations of the OSGi-based Paremus Service Fabric (PSF) from Paremus up and running this spring, vendor officials tell DWT .
IFS to Expand MTF Tick Data Service
London-based data software developer Intelligent Financial Systems will this month expand its LiquidMetrix Tick Data Service (LMTDS) of tick data from European multilateral trading facilities to include historical market data from new market venues.
Capital IQ Revamps Comps, Expands Spotfire Visuals
Standard and Poor's Capital IQ subsidiary has rolled out a new release of its desktop data display platform that incorporates its revamped comparative analytics functionality, as well as updates to existing components to make it quicker and easier for…
Fixnetix Uncorks Burgundy Data
Low-latency data and trading technology vendor Fixnetix is in the final stages of conformance testing with Stockholm-based multilateral trading facility Burgundy, and will next month begin offering a low- latency feed of data from the trading venue, as…