News
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…
QuantHouse to Update QuantFactory
Low-latency data provider QuantHouse will launch a new version of its QuantFactory automated trading strategy development framework next month that will be more robust, faster, and able to handle higher volumes of data when back-testing trading…
BoA-ML Shakes Up Broadcort
NEW YORK-Broadcort, the U.S.-based broker-dealer clearing and execution services unit of Bank of America Merrill Lynch (BoA-ML), is regrouping its senior management team and its product offerings, as well as reaching abroad with its offerings in an…
Australian Securities Exchange to Adopt Genium Inet
SYDNEY-Operators of the Australian Securities Exchange (ASX) plan to retire the exchange's legacy Click XT trading platform from Nasdaq OMX and replace it with the Genium Inet trading platform, also from Nasdaq OMX, for its equities and derivatives…
European Regulators Okay Clearinghouse Interoperability
LONDON-Several European market regulators have recently published their positions on central counterparty (CCP) clearing linkages, and clearinghouses are preparing to take the next step in interoperability.
LSE Completes Turquoise Acquisition
LONDON-Last week, LSE Group, operator of the London Stock Exchange (LSE), completed the purchase of pan-European multilateral trading facility (MTF) Turquoise-which it plans to integrate with its Baikal MTF-and appointed David Lester CEO of Turquoise…
BATS Enlists QuantHouse, Updates Multicast
BATS Europe, the pan-European multilateral trading facility subsidiary of US-based BATS Exchange, has enlisted French low-latency data vendor QuantHouse to supply real-time feeds of market data from other European trading venues to support its trading…
Icap Revamps Global Messaging Architecture
NEW YORK-As part of a broader infrastructure initiative intended to establish a services framework atop a high-performance low-latency messaging infrastructure, Icap Electronic Broking (IEB) is in the midst of deploying a global network of message…
Icap Bows Tervela Low-Latency Messaging
Interdealer broker Icap has begun rolling out a low-latency messaging infrastructure from hardware messaging provider Tervela, as part of a broader initiative to increase performance of its electronic trading platforms, while creating the "building…
Cost, Performance Concerns Dominate SIX Swiss Exchange
With the rise of multilateral trading facilities (MTFs) and systematic internalizers (SIs), European exchanges face challenges they never envisioned prior to the introduction of the Markets in Financial Instrument Directive (Mifid). DWT European reporter…
UNX Eyes Europe, Multi-Asset Support
NEW YORK-Execution management system (EMS) provider UNX plans to expand its UNX Catalyst Portal to include more assets and greater geographic coverage, vendor officials tell DWT .
UNX Preps Content, Analytics 'Marketplace'
Los Angeles-based agency broker and trading technology provider UNX is preparing to roll out UNX Marketplace, a new component of its Catalyst execution management system that will enable users to sign up for content and analytics packages from third…
Cinnober Gains Real-Time Clearing Client
STOCKHOLM-Trading and clearing platform vendor Cinnober has signed the first client-an unnamed firm-for its new real-time clearing platform, and is negotiating with three or four parties in Europe who are looking for a clearing system, vendor officials…
Introducing Brokers Ramp Up Application Spending
BOSTON-U.S. introducing brokerage firms are poised to increase spending on business applications this year, while clearing firms will compete to get more of that spending, according to the authors of a recent white paper from industry research firm Aite…
Options IT Lights Pipe in Interxion
Infrastructure-as-a-service vendor Options IT has expanded its Options Pipe direct feed and infrastructure management suite to hosting provider Interxion's London Financial Hub, to provide proximity to market data from major local markets.