News
BOX to Add Block Trading in 2010
BOSTON—Operators of the Boston Options Exchange (BOX) expect to roll out a block trading platform early next year, pending regulatory approval, DWT has learned.
Marco Polo to Own Exchange Gateways
NEW YORK-In order to offer its clients better and more secure access to emerging markets, FIX-enabled trading network provider Marco Polo Network is working to establish its own gateways into local exchanges, DWT has learned.
Kyte Group Plans Asia-Pacific Connectivity
LONDON–U.K.-based prime broker Kyte Group will connect to Asian derivatives exchanges later this year, officials tell DWT.
Pipeline Rolls Out European Business
LONDON-Officials at crossing network provider and agency brokerage Pipeline Financial Group, the European business of U.S.-headquartered Pipeline Trading Systems, are in the process of gradually introducing platform functionalities as well as onboarding…
Orc Software Readies Orc Trading Beta
LONDON-Trading platform and market connectivity provider Orc Software will start beta testing the latest version of its electronic trading platform, Orc Trading, in the next few weeks, in preparation for an October launch, according to officials.
Essex Radez Grows NY4 Data Footprint
Essex Radez, a Chicago-based market maker and provider of data and trading technology, has expanded its presence in Equinix's NY4 datacenter in Secaucus, NJ, with the addition of extra rack space for client co-location, connections to the firm's other…
Priory Taps Muzinic for Financial Play
London-based Priory Solutions, a provider of software for monitoring electronic information content usage by legal firms, is bringing its Research Monitor products to the financial services industry, to monitor usage of non-real-time research and…
LSE Continues Data Re-org, Cuts Siracusano
The London Stock Exchange continues to flatten reporting lines for its information services division and has reshuffled responsibilities within the group, as part of a management reorganisation initiated by chief executive Xavier Rolet.
SpryWare Preps NY4 Ticker Plants
Chicago-based low-latency data software provider SpryWare is deploying its Market Information Server (MIS) ticker plant technology into Equinix's NY4 datacenter, to support clients that need low-latency, direct connections to datafeeds from exchanges and…
CMA Adds Asian Cut of DataVision
Credit Market Analysis, a subsidiary of CME Group, is preparing to launch a third update time to its DataVision daily credit default swap pricing service, to reflect prices at the close of Asian market trading.
SML To Launch Volatility Signal Subscriber Service on Hedgehogs
UK-based analytics vendor Something Modern Logic plans to make its Miri volatility trading signals available as a paid subscription service via Hedgehogs.net, an information portal targeted at hedge funds and their brokers and service providers, within…
Acquire Eyes Relegence Users with Cohen
In the wake of AOL closing its Relegence news aggregator business, Roseland, NJ-based news provider Acquire Media has begun a hiring campaign to bolster its team and potentially offer a migration path to former Relegence customers.
AboveNet Bolsters UK Fiber Network
Global network service provider AboveNet is expanding its fiber-optic network to meet increasing demand for direct fiber connectivity to growing numbers of exchanges and multilateral trading facilities located in and around the city of London.
Alpha Preps Canadian Consolidated Feed
Alpha Trading Systems, an alternative trading system set up by nine Canadian banks and broker-dealers, is planning to launch its own consolidated tape of Canadian market data, to compete with exchange group TMX, which the Canadian Securities…
FTEN Gets Flying Start in Europe
LONDON-New York-based direct market access (DMA) and trading technology provider FTEN has bolstered its European product offering as it looks to grow its local presence following the appointment of Valerie Bannert-Thurner from Skyler Technology to head…
Icap, Fincad Bow Valuation Tool
Interdealer broker Icap and derivatives valuation and risk management software vendor Fincad will this week launch Fair Value Insight, a Web-based solution for users to subscribe to independent portfolio valuation reports that integrate Fincad's…
Telekurs Expands Fund Pricing Tech
Swiss data vendor SIX Telekurs has finished fine-tuning an expanded deployment of technology from UK-based vendor Web Services Integration, to help automate collection of fund data as part of Telekurs' Funds Fast intraday pricing service.
WSS Unveils Mobile News Apps
New York-based news aggregator Wall Street Source will this week launch a series of new applications for delivering news to mobile devices, aimed at increasing takeup of the vendor's services outside of its core trading floor user base, officials say.
FTEN Preps Europe Partners
New York-based market data, trading and risk technology vendor FTEN is enlisting partners to provide European data and connectivity, having already bolstered its European offering with connections to exchanges and trading venues in the region.
DoJ Probes CDS Data Business
The US Department of Justice (DoJ) has begun an investigation to identify anti-competitive forces in the credit derivatives data business.