News
Strategy Lab survey: 41% of investment management industry in the red
A recent SimCorp Strategy Lab survey indicates that as much as 41% of the investment management industry is operating with cost rates at or above 99%.
XSP partners with Decillion Group on corporate actions
XSP, the Birmingham, Alabama-based corporate actions software provider, has partnered with Decillion Group, a banking software firm and Swift's official business partner for Australasia, to provide a service-based version of the XSP v5 corporate actions…
Month in Numbers
"The market landscape here is far from mature, and I'm totally expecting that next year there will be more dark pools operating than there are now - possibly significantly more" Rob Boardman, head of European electronic trading at ITG, casts doubt on…
Integral Packages FX Feed, History
Foreign exchange trading software vendor Integral will this week begin distributing real-time and historical FX price data from its FX Grid multibank trading platform, to enable retail brokers-particularly those promoting a "no-dealing desk" execution…
Fidessa Melds Data, Trading Platforms
Trading technology and data provider Fidessa has completed the integration of market data from its global ticker plants onto its US hosted trading platform, enabling users to trade on real-time market data and monitor their orders via a single screen.
CQG Grows Emerging Markets Data
Denver, Colo.-based data, charting and trading software vendor CQG is adding connectivity to exchanges in emerging markets in Asia, central Europe and Latin America to meet increasing client demand for emerging markets data and the ability to trade on…
SunGard Continues Data Integration
SunGard's Global Trading division will soon roll out data from its MarketMap data terminal product into its GL Win trading terminal, in the latest move to integrate its data architecture and share content across business lines within the SunGard group of…
Nasdaq Signs Vendors for Basic
Interactive Data and Bloomberg are preparing to distribute Nasdaq OMX's Nasdaq Basic feed of top-of-book and last-sale equity data for trades executed on Nasdaq, which the exchange launched earlier this year as a cut-price alternative to the consolidated…
Infront Expands Exchange Coverage; Launches Feed
Nordic data vendor Infront has broadened the coverage of its Online Trader desktop terminal to satisfy client demand for broader content, has developed new feed handlers to support exchange technology upgrades, and has developed a new datafeed product to…
Bank of East Asia Signs Up FinIQ
HONG KONG-Bank of East Asia plans to go live with the FinIQ Structured Products System to augment its treasury business in Hong Kong by the end of the year, say vendor officials.
Lightening the Load
As lower revenues dictate smaller IT budgets across the industry, many banks and IT organizations are turning critical eyes to their infrastructure to see which systems are pulling their weight and which need to be retired. DWT editor Rob Daly speaks…
Savvis Slates 2010 Launch for Project Spirit
LONDON-Rolling out the capabilities of a new datacenter might be as simple as clicking a mouse button if cloud computing platform Project Spirit gets off the ground, according to officials from network and hosting facilities provider Savvis.
Front End Vendors Move Spreader Algos to Servers
NEW YORK-Multi-asset traders looking to shave extra milliseconds of latency off their spread-order trade messages have two new options as trading platform providers CQG and Trading Technologies International (TT) move their respective spreading…