News
Deutsche Börse Hit by Index Glitch
German exchange group Deutsche Börse experienced an 18-minute outage for some of its benchmark DAX indexes last week, as a result of technical problems with its index data distribution systems.
GFI, Quick Expand Japanese Data Deal
Interdealer broker GFI is increasing its penetration of the Japanese market with an extended currency data redistribution deal with local information vendor Quick Corporation, officials tell sibling publication FX Week .
MSCI Barra Unveils Risk Reports
Index and analytics provider MSCI Barra rolled out a new reporting module as an add-on to its BarraOne risk analytics platform at the beginning of August, to provide more detailed, time-series risk reports on clients' trading data.
BT Shuffles Capital Markets Execs
LONDON-In an effort to fine tune the management of its recently launched Global Banking and Financial Markets (GB&FM) division, global telecom giant BT has made two new appointments, DWT has learned.
RTS, Fixnetix Roll Out Hosted DMA Offering
LONDON-Trading platform provider RTS and low-latency market data provider Fixnetix have teamed up to deliver a fully hosted direct market access (DMA) offering, according to officials from both vendors.
Deutsche Börse Selects WebSphere for Trading Platform
New York-International exchange operator Deutsche Börse Group will incorporate version 2.2 of IBM's WebSphere MQ Low Latency as the messaging architecture for a new common trading system that it plans to roll out to all of its exchanges in the coming…
TMX Plans 10 Gbps Upgrade to Network
TORONTO-As part of a multi-phase project to upgrade infrastructure across its enterprise, Canadian exchange operator TMX Group plans to upgrade its internal 1 Gbps Ethernet network to 10 Gbps Ethernet networks, TMX officials tell DWT .
FIX Offerings Spur NYSE Technologies' Nyfix Purchase
NEW YORK-Nyfix's customer base and its FIX network community, Nyfix Marketplace, were the key drivers in NYSE Technologies, a wholly owned commercial technology division of NYSE Euronext, acquiring the global alternative trading system (ATS) operator and…
Instinet Ramps Up Options Coverage with Torc Buy
NEW YORK-Agency brokerage Instinet is in the midst of purchasing options trading platform provider and agency brokerage Torc Financial in a transaction that is expected to close in the coming weeks.
A Meeting of the Latency Minds
Low-latency trading is getting a bad rap in the general media theses days, but broker-dealers cannot ignore how message latency affects their trading strategies and bottom lines. DWT editor Rob Daly sits down with leading technologists from brokerages…
Millistream Begins Nordic Expansion With Interactive Data Deal
Gothenburg-based data vendor Millistream Market Data is establishing a local sales and support organization across the Nordic region and has broadened the range of data that it offers via a recent partnership with Interactive Data-though Millistream…
QuantHouse Preps Strategy Back-testing Service
Low-latency data and trading technology vendor QuantHouse is preparing to roll out a new service for high-frequency trading firms that want to back-test trading strategies without making significant investments in data technology, officials tell Inside…
Thomson Reuters Raids JPM Pricing Direct
Thomson Reuters has poached key staff from JP Morgan's Pricing Direct evaluated pricing arm in New York, in a bid to grow its own derivatives and structured finance pricing business.
QuantHouse Releases Publication Server
Low-latency data and trading technology vendor QuantHouse has launched a new product to help user firms distribute their own real-time derived data, officials tell Inside Market Data .
Wolfram Preps Professional Versions of 'Alpha' Portal
Wolfram Research, a Champaign, Ill.-based computational and analytical software vendor, is planning to introduce customized, subscription versions of its online Wolfram Alpha computational engine, tailored for use by financial firms.
Options IT Expands Feed Coverage, Speeds Managed Xetra Data
New York-based infrastructure-as-a-service provider Options IT is adding connectivity to more exchanges and trading venues-via low-latency feeds where available-to round out the global coverage of its Velocity managed direct feeds service.
RTI Readies WAN-Friendly Data Forwarding
SUNNYVALE, CALIF.-Officials from middleware vendor Real-Time Innovations (RTI) plan to launch a new messaging platform that will behave like a network router, enabling high-performance data forwarding and transformation across wide-area networks (WANs)…
Sybase Eyes Investor Lemon Law
DUBLIN, CALIF.-Over the next six to 18 months, database vendor Sybase expects that its financial services clients will see a dramatic increase in deployments concerning regulatory compliance rather than risk management due to pending regulations on…
Trayport Preps Connectivity Portal
LONDON-Multi-asset trading platform provider Trayport plans to launch a new connectivity portal, dubbed GlobalVision Portal, which will allow trading firms to connect to markets they would not normally have connected to in the past, say vendor officials.