News
LSE Glitch Confirms Primary Data Dependence
A technical glitch on the London Stock Exchange last week resulted in a brief market data outage and suspension of trading in six large-cap FTSE 100 stocks and a further 10 mid- and small-cap stocks, sources tell Inside Market Data .
CodeStreet Seeks Investor 'Consortium'
New York-based data technology provider CodeStreet is seeking more equity partners to drive its product and asset class expansion, following the sale of an undisclosed equity stake in the business to fixed income broker-dealer RW Pressprich last week.
McCormick to Lead Boston Options Exchange
CHICAGO-Operators of the Boston Options Exchange (BOX) announced that they have named Tony McCormick the exchange's CEO, effective last week.
Nomura Taps Caplin Xaqua for FX Portal
The European operation of Japanese bank Nomura has rolled out a new messaging middleware platform from UK-based data technology and trading software vendor Caplin Systems, to support the bank's recently launched single-dealer foreign exchange trading…
Rapid Addition FIX Engine Targets Garbage Collection
LONDON-Users of FIX messaging platform provider Rapid Addition's RA Cheetah FIX engine and RA Quantum FIX Adapted for Streaming (FAST) gateway should see a performance improvement as the vendor rolls out new memory management techniques, which eliminate…
Fixnetix Buys MST for Next-Gen Platform
UK-based low-latency data infrastructure and trading technology vendor Fixnetix has bought Boston-based feed handler and ticker plant provider Market Systems Technology, to provide the basis of Fixnetix's next-generation distributed market data platform.
Nomura Deploys Xaqua as Single-Dealer Front End
LONDON-After initial conversations that took place in early summer, global investment bank Nomura went live last week with a Web-based single-dealer front end from Caplin Systems for the bank's cash foreign exchange (FX) business, officials announced…
Kairos Bows StreamBase for Algo Data
Brazilian hedge fund Kairos Asset Management has begun rolling out a new algorithmic trading system based on technology from complex event processing software vendor StreamBase Systems, to enable the firm to maintain a trading advantage in the face of…
Chi-X Debuts Sponsored DMA Access
LONDON-To better cater to high-frequency traders, officials from pan-European equity multilateral trading facility (MTF) Chi-X Europe announced today, Oct. 19, the rollout of Chi-Velocity, a proximity-hosted risk management offering for sponsored direct…
Position Keeping
People
Fitch Bows Standardized Delivery
Fitch Solutions, the technology and content arm of ratings agency Fitch, will this week unveil a new platform for providing its content in a standardized delivery format that will enable the vendor to better meet specific client data needs.
Caplin Adds Reuters News to Trader
London-based data technology and trading software vendor Caplin Systems has integrated RSS news feeds from Thomson Reuters into its Caplin Trader front end, for banks to distribute to clients as part of their single-dealer trading platforms.
Endace Adds Visualizations, Data Forwarding to NinjaProbe
New Zealand-based network monitoring technology provider Endace last month rolled out a new version of its hardware-based NinjaProbe monitoring platform, which expands on the system's core packet capture functionality by adding a visualization tool and…
Chi-X Boosts Data Revenue with Vendor License Fees
Pan-European multilateral trading facility Chi-X Europe is set to generate up to £500,000 of additional recurring revenue next year by introducing data license fees for vendors that redistribute its real-time data, helping the MTF recoup the cost of…
NYSE Expands SFTI Services in Europe
NYSE Euronext is expanding the range of services available via its Secure Financial Transaction Infrastructure (SFTI) network in Europe, to include a European version of its SuperFeed low-latency consolidated feed, and connectivity to rival exchanges and…
Townsend Adds QuickStart Setup Tool to API
Chicago-based data and trading technology vendor Townsend Analytics has released a new version of its data API that is easier to use and requires less coding by clients to integrate the data with proprietary or third-party analytical systems.
Aleri Slates Platform Integration for 2010
CHICAGO-After its acquisition of Coral8 in the first quarter of this year, complex event processing platform vendor Aleri plans to have the next generation of its architecture fully backwards compatible for both legacy platforms beginning in 2010, vendor…