News
Pure Trading Girds for High-Frequency Trading
TORONTO-Operators of the Pure Trading Canadian alternative trading system (ATS) are braced for an onslaught of high-frequency trades as a number of U.S. trading firms connect to the platform later this month.
Options IT Adds Nordic Support
NEW YORK-Infrastructure-as-a-service vendor Options IT has extended its Velocity high-speed market connectivity service to the Nasdaq OMX Nordic Exchanges, officials announced today, Nov. 9.
Polygon Begins EquityPipe Campaign
New York-based research provider Polygon Research has begun marketing a front-end workstation to its clients via its broker-dealer business Kabrik Trading, after testing the product on its equity broker desk over the summer.
Townsend Preps Ticker Plant Refresh in Volume Battle
Chicago-based data and trading technology vendor Townsend Analytics is rolling out a new component within its market data infrastructure to enable the vendor to deal with ever-growing market data rates, as part of a long-term plan to re-architect its…
Fixnetix Expands Corvil Deal for Client Latency Visibility
Low-latency data and trading technology vendor Fixnetix has licensed the CorvilClear peer-to-peer latency monitoring software from Dublin-based vendor Corvil to provide its clients with better visibility into the latency of market data delivery and order…
Regulatory Concerns Stall Clearinghouse Links
LONDON-Independent global clearinghouse LCH.Clearnet has suspended discussion on bilateral clearinghouse interoperability with European Multilateral Clearing Facility (EMCF) due to concerns of regulators in the U.K. and Holland over the potential…
FX Connect Looks to Executable Pricing
NEW YORK-FX Connect will launch executable streaming prices on the platform in the first quarter of next year, among other upgrades being made to the system.
Panel: HFT, Dark Pools Not Synonymous
NEW YORK-As the U.S. Securities and Exchange Commission (SEC) examines market structure with an eye toward new rules for the markets, it is likely to find that high-frequency trading accounts for very little of the activity in dark pools of liquidity,…
Tradeware Banks on FIX for the Future
NEW YORK-As trade orders continue to be sliced and diced into ever smaller and more numerous orders, electronic global equity market access provider Tradeware Global sees the FIX messaging protocol as key to future growth, say vendor officials.
OS Switch Nets Hotspot FX Performance Gain
NEW YORK-As part of a project to bring Hotspot FX's architecture in line with its other trading and matching platform, Knight Capital Group has moved the electronic foreign exchange (FX) trading platform to a Linux platform from a Microsoft Windows…
Kondor+ Update Set for 2010
LONDON-Market data and trading platform provider Thomson Reuters plans to release version 3.2 of its trade capture and risk management platform Kondor+ sometime during the first quarter of 2010, DWT has learned.
LSE Enlists QuantHouse as Co-Lo Data Partner
The London Stock Exchange will this week begin providing firms that co-locate their trading technology at the exchange's datacenter with access to direct feeds of market data from external exchanges and multilateral trading facilities, sourced via a…
MarketAxess to Debut Click-to-Trade
LONDON-Electronic fixed-income trading platform provider MarketAxess Europe is rolling out click-to-trade (CTT) functionality to version 6.5 of its MarketAxess trading platform, which should be available to European clients beginning Nov. 23, DWT has…
Eurex Introduces Latency League Tables
European derivatives exchange Eurex has begun providing latency statistics to its member trading firms, to give them more transparency into data distribution latency from the exchange, and to offer a better insight into how each firm is performing…
Agency Consortium Backs New Crossing Network
NEW YORK-In an attempt to give its members better control over block order trading flow, agency brokerage cooperative Mahogany Partners has announced a technology alliance with ConvergEx to deliver a multi-crossing network front end to its partners…
NYSE Tech Builds Asia Development Team
The Asia-Pacific business of NYSE Technologies, the data and trading technology arm of NYSE Euronext, is setting up a development team in Singapore to provide dedicated local development and support resources to serve clients throughout the region.
London Stock Exchange Expands Hosted Offering
LONDON-Operators of the London Stock Exchange (LSE) have opened a dedicated floor within the LSE's datacenter for client hosting, exchange officials tell DWT .
NYSE Technologies Grows Asia Presence
SINGAPORE-The Asia-Pacific business of NYSE Technologies, the data and trading technology arm of NYSE Euronext, is setting up a development team in Singapore to provide dedicated local development and support resources to serve clients throughout the…
Exegy Resumes MarketDataPeaks with Essex Radez
St. Louis, Mo.-based hardware ticker plant provider Exegy has resurrected its MarketDataPeaks.com Web site, which provides statistics on peak market data volumes, after enlisting Chicago-based market maker and data provider Essex Radez to supply exchange…