News
BGC Taps Xignite for On-Demand Data
Interdealer broker BGC Partners will this week roll out an on-demand data service for its market data, using white-labeled technology from Web services data provider Xignite.
Lightspeed Preps for Multi-Asset Algo Trading
NEW YORK-Low-latency execution broker Lightspeed Financial is paving the way to offer algorithmic trading in equities options and futures enabled by a backend consolidation between its Lightspeed Trader direct market access (DMA) and Lightspeed Gateway…
Langevin, Mangan Break from BarCap
Three members of Barclays Capital's market data team in New York have left the firm to take on new roles at other banks, Inside Market Data has learned.
Thomson Reuters Takes Hosted RMDS Global
NEW YORK-Market data and trading platform provider Thomson Reuters imminently plans to complete the initial global deployment of the hosted version of its Thomson Reuters Market Data System (RMDS) with facilities serving the Tokyo and Frankfurt markets,…
Orc Takes Aim at Equities with Neonet Buy
STOCKHOLM-In order to expand its presence in the global equities markets, Scandinavian trading platform and connectivity provider Orc Software plans to acquire Swedish agency broker Neonet in a $17.7 million (SEK130 million) deal, which is set to close…
Thomson Reuters Preps Global Hosted Feeds
Thomson Reuters will unveil an expanded, global hosting solution for supporting managed datafeeds and hosted data distribution platforms over the first quarter of this year, using hosting facilities operated by network and hosting provider Savvis.
TXC Adds Tokyo Co-Location Site
NEW YORK-Trading Cross Connects US (TXC)-an incubator for high-frequency traders seeking to trade on the foreign exchange (FX), fixed-income, listed derivatives, energy and commodities markets-expects to have a co-location facility in production next…
Internet Securities Enlists Scout to Track Rogue Access
Emerging markets news and information provider Internet Securities, a division of Euromoney Institutional Investor, is rolling out technology from Scout Analytics, a Seattle-based provider of subscription usage analytics, to identify unauthorized sharing…
Goral Taps OneTick for Trading Expansion
Baltimore, MD-based statistical asset manager Goral Trading is rolling out OneMarketData's OneTick tick database to support its move into equities and futures trading.
CQG Adds Nordic Derivatives Data
Denver, Colo.-based data, charting and trading software provider CQG has expanded its coverage of the Nordic market with the addition of derivatives market data from the Nasdaq OMX Nordic exchanges, in response to demand from customers.
Corvil Debuts LMC, Appliance Upgrades
Dublin-based latency management technology vendor Corvil has developed a new system, dubbed the Latency Management Center (LMC), which enables users to aggregate and analyze latency statistics from its CorvilNet monitoring appliances deployed across…
Corvil Debuts Central Latency Monitoring
DUBLIN-Network latency monitoring vendor Corvil has incorporated a central management console and an appliance update with version 6.0 of its CorvilNet platform, according to vendor officials.
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Bessemer Stake to Fund Activ's Expansion Plans
Low-latency data vendor Activ Financial last week announced a $25.3 million investment from venture capital firm Bessemer Venture Partners, designed to fund expansion projects to enable Activ to pursue larger-scale opportunities, in return for an…
SpryWare Boosts NY Salesforce
Chicago-based ticker plant vendor SpryWare is beefing up its New York presence with two new hires to market the vendor's Market Information Server ticker plant to firms with low-latency and high-capacity market data requirements in the city.
BCC Preps Excel Server Analytics
German data technology vendor BCC Group is developing a calculation engine and real-time data integration application, dubbed MDF-Calcnode, which will allow front-, middle- and back-office users in banks to deploy scalable instances of Microsoft Excel…
SunGard Delivers European DMA
LONDON-Targeting regional European broker-dealers who are having difficulty supporting connections to new European trading centers, SunGard has rolled out its high-frequency direct market access (DMA) offering, according to vendor officials.
Clearinghouses Address Regulatory Concerns
LONDON-To head off a regulator-imposed regime on how to mitigate the risks of clearinghouse linkages, expected from the U.K.'s Financial Services Authority (FSA) later this month, European clearinghouses have been working to build an industry consensus…
Morgan Stanley Completes Spot FX Deployment
LONDON-Global investment bank Morgan Stanley has completed the final phase of deploying the Thomson Reuters Spot Matching platform as a foreign exchange prime broker (FXPB) and is preparing to onboard clients, bank officials tell sibling publication FX…
NYSE Euronext Eyes Summer Sunset for Liffe Connect
LONDON-Customers of global futures exchange NYSE Liffe, operated by NYSE Euronext, will be migrated onto NYSE Euronext's Universal Trading Platform (UTP) at the end of June, officials inform DWT .