News
SEC Proposes Ending Unfiltered Access
NEW YORK-In a recent open meeting, all five commissioners of the U.S. Securities and Exchange Commission (SEC) voted unanimously to release a proposed rule change that would end unfiltered, or naked, access to trading venues by buy-side firms.
Scout Grows Monitoring Tools
Scout Analytics (formerly AdmitOne Security), a Seattle-based provider of subscription product usage analytics for identifying unlicensed access, will this month roll out a new release of its Web-based platform with features for content providers to…
EPFR Global Hires for Buy-Side, Asia Drives
Fund flows data provider EPFR Global has hired two new executives to help the vendor raise its profile with buy-side clients and with potential users in the Asia-Pacific region.
New Hires Bolster Fixnetix Data Ops
Low-latency data and trading technology provider Fixnetix has bolstered its London-based technology and support capabilities with a slew of new hires in its technical engineering and operations areas to support its growing client base.
Arbitrage Changes Look of Marco Polo
NEW YORK-To meet the needs of its changing client base, emerging markets connectivity provider Marco Polo network expects to add its fifth and sixth electronic futures exchanges to its global network in the near future, Marco Polo officials tell DWT .
FXall Plans Hybrid Platform
NEW YORK-Operators of the multi-bank electronic foreign-exchange (FX) trading venue FXall plan to integrate the recently acquired LavaFX, which FXall purchased from Citi, with its current platform sometime in the coming year, FXall officials tell DWT .
HSBC Takes DMA to the Gulf
LONDON-HSBC is now offering direct market access (DMA) to the Abu Dhabi Securities Market (ADSM) and Dubai Financial Markets (DFM), switching on its first clients last week, according to bank officials.
TSE Targets Latency with Arrowhead Launch
TOKYO-With the New Year, operators of the Tokyo Stock Exchange (TSE) rolled out the exchange's new Arrowhead matching engine to improve support for advanced automated trading strategies on the TSE, according to officials.
Regulatory Uncertainty Delays C2
NEW YORK-Although flash orders were not yet a hot-button issue when the Chicago Board Options Exchange (CBOE) filed for regulatory approval from the U.S. Securities and Exchange Commission (SEC) for the CBOE's planned all-electronic C2 options exchange,…
Scrambling Toward Liquidity Risk Compliance
Since the start of the financial crisis, the U.K. Financial Services Authority (FSA) has moved swiftly to revamp the U.K.'s liquidity risk management regulatory regime. DWT speaks with P.J. Di Giammarino, CEO of industry think thank JWG-IT Group, to…
Nasdaq OMX Amps Up U.K. Power Market
STOCKHOLM-Nasdaq OMX Commodities and Nord Pool Spot have launched the N2EX U.K. power market and auctioning will go live today, reveal officials.
Gelber Bows OneTick for Quant Trading
Chicago-based proprietary trading firm Gelber Group is rolling out the OneTick historical and real-time tick data processing solution from New York-based tick data management and analytics vendor OneMarketData, to support back-testing and development of…
TSE's Arrowhead Spurs Asian Latency Focus
Market data vendors that provide data and connectivity to the Tokyo Stock Exchange last week released new feed handlers to source and normalize low-latency data from the TSE's new Arrowhead technology platform, to support trading firms as they prepare…
Dow Jones Targets ‘Unified Voice' With EMG, Consumer Combo
Dow Jones' decision to combine its Enterprise Media and Consumer Media groups, announced last week, is intended to create a single operating structure for some of its key businesses that will enable the vendor to build better technology solutions and…
Sources: Citi Taps RTI Data Messaging
Citigroup is rolling out a new low-latency data messaging layer from Sunnyvale, Calif.-based middleware vendor Real-Time Innovations to support its algorithmic equities trading operations, sources tell Inside Market Data .
YCharts Launches Fundamentals Analysis Platform, Mulls Pro Tools
Chicago-based fundamental data analysis provider YCharts will this week launch a Web-based platform for fundamental analysis of US-listed companies, enabling users to track and analyse company fundamental data to help identify and incorporate trends into…
Greenline Bows ex-Trading Metrics Tools
Greenline Financial Technologies, a provider of FIX Protocol-based trading software and a subsidiary of fixed-income trading platform MarketAxess, is rolling out technologies acquired last year from defunct vendor Trading Metrics in a bid to expand its…
FPL Preps Latency Standards Group
FIX Protocol Limited (FPL), the industry body behind the FIX Protocol and its FAST spin-off for market data compression, has set up a FIX Inter-Party Latency (FIPL) working group to provide standards for data and trading latency monitoring and…
Alpha Trading Implements Market Data Fees
Alpha Trading Systems last week began charging fees for market data generated by quoting and trading activity on the Canadian alternative trading system’s market, based on the value of its data as it gains market share in stocks listed on the Toronto…