News
Fidessa LatentZero unveils SaaS version of buy-side front-office products
Fidessa LatentZero has rolled out LatentZero as a Service, a software-as-a-service (SaaS) front-office product developed for buy-side users seeking to minimise cost-of-ownership issues when it comes to technology infrastructures.
Month in Numbers
"It's safe to say that the single-prime model is completely dead. It's pretty clear that all hedge funds are going after multi-prime environments'"Sameer Shalaby, chief executive at hedge fund technology provider Paladyne Systems, explaining that more…
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…