News
InfoNgen Preps Internal Content Management 'Appliance'
Web-based content aggregator InfoNgen is rolling out an application that aggregates and filters content to which firms already have access, providing portfolio managers and analysts with a manageable stream of individually targeted information.
SystematIQ Boosts AlphaWorks Analytics
SystematIQ, the Chicago-based quantitative research group of Standard and Poor's Capital IQ Solutions division, this month rolled out a new version of its Web-based AlphaWorks market analysis and quantitative research tool, expanding the comparative…
StreamBase Bolsters Sales with New Hires
Complex event processing software vendor StreamBase Systems has made a number of hires in its sales organization to support increased growth and recent client wins.
Chi-Tech Adds 29West to MarketPrizm
NEW YORK-Chi-X Global Technology (Chi-Tech), the technology unit of market operator Chi-X Global, recently swapped out its legacy middleware platform for its MarketPrizm hosted trading environment for the European markets in favor of 29West Messaging.
Colt Prepares Fastnet Ultra Service
LONDON-European network service provider Colt Telecom is investing up to £100 million ($161 million) in its network infrastructure to support a new service, Fastnet Ultra, which will provide clients with easily provisioned high-bandwidth networks to…
Aite: Naked Access Ready for Reform
BOSTON-According to a recent research note published by industry analyst firm Aite Group entitled Sponsored Access: Where the Naked Need Not Apply , most high-frequency traders, sponsoring brokers and exchanges have come to a consensus that some sort of…
StreamBase Grows Sales Force
NEW YORK-Complex event processing (CEP) platform vendor StreamBase Systems has added a number of new people to its sales organization to support the vendor's growing client base, vendor officials tell sibling publication Inside Market Data .
TMS Update Targets Real-Time Risk Management
CHICAGO-Trading platform vendor InfoReach has added a number of risk management features to the latest release, version 7.1, of its InfoReach Trade Management System (TMS), DWT has learned.
UNX Initiatives Cut Internal Data Latency
Los Angeles-based agency broker and trading technology provider UNX has reduced its internal data latency by up to 15 percent as a result of a series of projects conducted in the fourth quarter of 2009, including a move to using multicast technology for…
GFI Eyes Europe for Credit Auction
NEW YORK-Interdealer Broker GFI Group aims to deploy its Web-based over-the counter (OTC) auction capability to the European and Australian markets sometime in the first quarter of 2010, DWT has learned.
Colt Readies New Fastnet Ultra Service
European network service provider Colt Telecom is preparing to launch a new service, dubbed Fastnet Ultra, which will provide trading clients with easily provisioned high-bandwidth networks to connect to their choice of European marketplaces via a single…
Omgeo Slates ProtoColl Update
LONDON-Post-trade utility Omgeo is set to release version 4.9 of its Omgeo ProtoColl collateral management service in early 2010, say officials.
Euro Market Data Preps Exchange Policy Tool
UK-based consultancy Euro Market Data (EMD) is piloting a Web-based application that allows users to view and compare exchange data policies from around the world.
BMO Preps for Regulatory Revamp
As demand for high-frequency trading migrates to Canada, the country's regulators, like their U.S. counterparts, are likely to reconsider the financial industry regulatory framework. These changes, in turn, will require major Canadian firms to re-think…
Banks Receive Follow-Up EC Questionnaire on RIC Code
BRUSSELS – European banks have received a second questionnaire as part of the EC investigation into the terms of use of the Thomson Reuters RIC identification code, Inside Reference Data has learned.
Exegy Adds Chi-X Canada Handler
St. Louis, Mo.-based hardware ticker plant provider Exegy has developed a feed handler to process Level 2 market data from Canadian alternative trading system Chi-X Canada to meet demand from its high-frequency trading clients for access to more Canadian…
STAC Readies Time-Series Group
The Securities Technology Analysis Center is setting up a working group to develop and implement benchmarks for time-series data technologies such as historical databases and tick capture and query engines.
Arcontech Adds Atradia's Anderson
David Anderson, founder of Atradia Consulting and editor of Inside Market Data Reference, has joined London-based market data platform and contributions technology vendor Arcontech as director of sales and marketing.
Morningstar to Expand LIM Coverage
Chicago-based investment research and data provider Morningstar plans to share content with energy and commodities data vendor Logical Information Machines and expand LIM's presence in-and coverage of-Europe and Asia, following last week's announcement…