News
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…
Industry: Regulators Must Clarify Sponsored Access Rules
LONDON-Sponsored access, also known as "naked access," is generating heated debates on both sides of the Atlantic as the U.S. Securities and Exchange Commission (SEC) talks of banning the practice while European regulators muddle through attempting to…
Interactive Brokers Readies Mobile Trading Release
GREENWICH, CONN.- Traders who use Apple iPhones will be able to step away from their desks as prime broker Interactive Brokers (IB) is preparing to launch an iPhone-enabled version of its Trader Workstation (TWS) trading front end, dubbed iTWS, brokerage…
ISE Unveils ‘Top Quote' Level 1 Feed
The International Securities Exchange is beginning a controlled rollout of a new direct feed of top-of-book data, dubbed Top Quote, after re-architecting the infrastructure that produces the exchange's best bid and offer to reduce latency and increase…
Markit Boat to Cut Real-time Data Fees
Markit is reviewing its policy for licensing real-time data from Markit Boat, its trade reporting facility for over-the-counter equity trades, and will slash the cost of subscribing to real-time data from Boat at the beginning of next year, officials…
Oslo Børs Continues TradElect Migration
OSLO-Operators of the Oslo Børs have confirmed plans to continue the exchange's matching engine migration to the London Stock Exchange's (LSE's) TradElect platform, despite the U.K. exchange's recent acquisition of exchange platform provider MillenniumIT.
Saxo Initiatives Slash Data Spend
European investment bank and online broker Saxo Bank will cut its market data costs by 28 percent this year compared to 2008 as a result of a series of initiatives imposing tighter controls on data usage, to reduce the firm's usage of services that do…
Bids Preps for Datacenter Move
NEW YORK-By the end of the year, operators of alternative trading system (ATS) Bids Trading expect to relocate their systems to their own datacenter facility within the Equinix NY-4 datacenter located in Jersey City, N.J., according to Bids officials.
RTI Unveils Data Routing Service
Messaging provider RTI will this week allow early adopters to begin testing its RTI Routing Service, a software router for distributing, transforming and filtering data between DDS (Data Distribution Service) systems that improves integration between…
Thomson Reuters Launches Indexes
Thomson Reuters last week completed the initial rollout of a suite of country, regional and sector indexes that officials say will provide clients with more granular classifications for portfolio benchmarking and creating index-linked products.
Plus Adds Data for All AIM Stocks
UK-based small-cap and mid-cap exchange Plus Markets Group has expanded its datafeed with the addition of all stocks listed on the London Stock Exchange's Alternative Investment Market.