News
HFT Drives Extranet Evolution
LONDON-Due to the rising popularity of high-frequency trading (HFT), new extranet providers are deploying fatter and faster network pipes while more established extranet providers are seeking to add features to remain attractive, concludes a new report…
Portuguese Energy Exchange Adopts Trayport
LISBON-Iberian power market derivatives exchange Operator del Mercado lbérico de Energía (OMIP) plans to have all of its trading on trading platform provider Trayport's Exchange Trading System by July 2010, exchange officials tell DWT.
ATS Operators Wary of SEC Dark Liquidity Proposal
NEW YORK-The U.S. Securities and Exchange Commission's (SEC's) proposals for regulating dark liquidity, if enacted, could significantly change the way trade orders are routed and liquidity is posted, according to executives from alternative trading…
Cuttone Banks on Tech for Mini-Prime Status
NEW YORK-Introducing brokerage Cuttone & Co. has moved closer to the growing "mini-prime" brokerage model with its Global Prime Solutions (GPS) service, which provides agency execution and floor trading capability.
IPC Eyes Financial Extranet Offering
NEW YORK-Trading floor communications and network provider IPC Systems has announced the launch of its shared IP access strategy in an attempt to create the latest financial extranet for its approximately 3,600 on-network clients, according to vendor…
Newedge Rolls Out India Operations
In a global market where all Western firms face challenges in gaining a foothold in Asia and finding the systems needed to do so successfully, multi-asset brokerage firm Newedge -a joint venture of Société Générale and Calyon-recently launched its…
Dutch Asset Managers Form User Group
A group of seven Dutch asset management companies have formed a market data user group to discuss and develop industry best practices around data-related issues, officials say.
Xignite Begins Real-Time Rollout
Web services data provider Xignite has begun distributing real-time Level 1 equity data from exchanges in Europe, in the first stage of its plan to provide market data from global exchanges via Web services.
CQG Readies Mobile Data Service, Picks BlackBerrys
Denver, Colo.-based data, charting and trading software provider CQG is preparing to launch a mobile data service integrated with its desktop terminal, in response to client demand from sell-side and buy-side customers for a service that could provide…
Switch and Data Recruits GeoReach Partners
Hosting service provider Switch and Data is enlisting network providers who have established low-latency fiber paths between its North Bergen, NJ facility and regional equity markets in a new partner program, dubbed GeoReach, to provide clients with…
Deutsche Börse Buys NTKN
As Inside Market Data went to press last Friday, Nov. 20, Deutsche Börse closed a deal to acquire Need to Know News, a Washington, DC-based provider of machine-readable economic releases and multi-asset news and analysis.
SIX Telekurs Prepares to Issue New iD
SIX Telekurs is upgrading its Telekurs iD data display product to incorporate content and functionality currently available in the Market Rider data display from SIX Telekurs France (formerly known as Fininfo prior to its acquisition by Telekurs in 2007)…
TheMarkets Opens Up to Clients
Bank consortium-owned research platform TheMarkets.com has opened its application programming interface (API) to clients, allowing them to pull the vendor's content and search capabilities, as well as its tagging technology, into their own custom-built…
CMC Deploys StreamBase for Pricing
UK-based derivatives market maker CMC Markets is developing a pricing system based on technology from complex event processing software vendor StreamBase, which will be used to price all of the derivatives that it trades.
Swedbank Adopts Aleri for Liquidity Risk
CHICAGO-Officials from Stockholm-headquartered Swedbank announced today, Nov. 16, that the bank has selected complex event processing (CEP) platform provider Aleri's Liquidity Risk Manager (LRM) for risk management and to meet regulatory requirements.
SuperDerivatives Enhances Data API
Derivatives pricing and risk management software vendor SuperDerivatives has enhanced the application programming interface (API) for its portfolio valuation service, dubbed SD-Revaluation, to enable clients to incorporate different data sources into…
TradeVec Preps Analytics Platform
Gibraltar-based trading and data technology vendor TradeVec is preparing to launch an analytics platform, which will allow clients to create their own real-time analytics and trading indicators, as well as to develop and back-test trading strategies…
SSE Infonet Readies XBRL Fund Data
SSE Infonet, the market data vendor subsidiary of the Shanghai Stock Exchange, will next year begin distributing data on Chinese open-ended funds in XBRL (eXtensible Business Reporting Language) format, to enable investors to more easily consume and…