News
ITG: closer alignment needed between trading strategy, cost analysis and investment decisions
A new white paper published by Investment Technology Group (ITG) finds that buy-side firms can expand capacity for assets by more carefully considering implementation costs resulting from their portfolio managers' investment decisions.
NewsScope Adds Company Algo News
Thomson Reuters has added company announcements to the news stories it distributes in machine-readable format as part of its NewsScope feed, to provide algorithmic traders with low-latency access to key datapoints from corporate releases that trading…
QAP Mulls CarryQuote Data Expansion
Swiss hedge fund Qarun Advisory Partners is evaluating an expansion of the range of market data it sources via Swiss mobile data and workstation provider CarryQuote’s mobile application, as the firm seeks to expand its trading portfolio, officials say.
Thomson Reuters Debuts NewsScope Company Events
NEW YORK—Officials from market data and trading system provider Thomson Reuters announced today, Nov. 30, that the vendor has released Thomson Reuters NewsScope Company Events, its latest machine-readable news product.
Test Clients Bow 29West Queuing Tech
Messaging systems provider 29West has begun rolling out UME 3.0 Queuing Edition, a new version of its Ultra Messaging for the Enterprise product that adds low-latency queuing, a technology that shortens the trade processing cycle, officials say.
CBOE Deploys Aqumin for Monitoring
The Chicago Board Options Exchange is rolling out the AlphaVision Enterprise Intelligence data visualization tools from Houston, TX-based vendor Aqumin, to enable internal staff to monitor the exchange’s market data to identify unusual trading activity,…
Interactive Data Buys DJ Web Data Business
Interactive Data's $13.5 million purchase of Dow Jones' Online Financial Solutions, expected to close by Dec. 1, will strengthen the vendor's Managed Solutions business in North America, by which Interactive Data provides data to clients via custom Web…
Alpha Taps Corvil to Manage Data Latency
Canadian alternative trading system operator Alpha Trading Systems is deploying technology from Dublin-based latency management systems vendor Corvil to monitor the latency of its own internal systems and manage latency associated with spikes in data…
BvDEP Bolsters Global Data Apps
Bureau van Dijk Electronic Publishing (BvDEP), a Belgian provider of company data, has rolled out a series of enhancements to its products, including a broader range of fundamental data on companies and executives, as well as new and enhanced interfaces…
FFastFill Expands Asia Presence
LONDON—Officials from electronic trading platform provider FFastFill tell DWT that the vendor has recently completed the first phase of its expansion plans into the Asia-Pacific market and expect to increase its presence to Sydney in early 2010.
29West Debuts Queuing Edition
NEW YORK—Messaging platform provider 29West has tightened the feedback loop between the front and middle office as well as shortened the trade processing cycle with its version 3.0 of its Ultra Messaging for the Enterprise (UME) Queuing Edition that…
Kaazing Readies Amazon EC2 Gateway
NEW YORK-Web Socket Gateway provider Kaazing expects to ship a Web Sockets gateway for Amazon.com's Elastic Compute Cloud (EC2) by the first quarter of 2010, DWT has learned.
TurkDex Selects Aleri for Surveillance
IZMIR, TURKEY-As the first and only derivatives exchange in Turkey, TurkDex, came closer to launching trading operations earlier this year, it completed the deployment of its market surveillance system, which is powered by complex event processing (CEP)…
Tradebook Launches Order API
NEW YORK-Bloomberg Tradebook, a division of Bloomberg, has released a new application programming interface (API) that allows traders to bring together multiple asset classes on a single platform and drive trading strategies, say Bloomberg officials.
Microsoft Rolls Out Grid Betas
NEW YORK-Operating system and software giant Microsoft recently released beta versions of its Windows HPC Server 2008 server operating system and Microsoft Excel 2010 spreadsheet application that will reduce computing time for the largest Excel workbooks…
CMA Releases Latin America Algo Engine
São Paulo—Brazilian trading platform, market data and network connectivity provider Consulting, Methods, Advisory and Mercantil (CMA) announced the general availability of its new CMA Algoritmos algorithmic trading engine for its CMA Trade Hub financial…
Nasdaq OMX Turns to Correlix for Latency Monitoring
NEW YORK-Beginning in the first quarter of 2010, officials from global exchange operator Nasdaq OMX expect to have latency monitoring capabilities for orders, executions and market data messaging-provided via the RaceTeam latency monitoring service from…