News
Aleri, Correlix Enter Latency Pact
NEW YORK-To provide customers using a complex event processing (CEP) engine with latency information and monitoring tools, real-time network latency monitoring platform provider Correlix and CEP technology vendor Aleri have formed a joint alliance,…
SIX Swiss Exchange to Enhance DMA Interface
ZURICH-Operators of the SIX Swiss Exchange plan to release during the second half of the year an update to the bourse's proprietary capacity trading interface (CTI), which will target direct market access (DMA) and algorithmic traders.
Panel: Algo Adaptability a Must
LONDON-As electronic trading continues to grow and expand to new markets, industry participants predict that algorithms will become more sophisticated and will be able to cope with adverse conditions more easily, according to industry insiders.
NYSE Casts SeaNet to Catch Latency
NYSE Euronext is rolling out technology from New York-based SeaNet Technologies for monitoring latency of market data and trade orders across its platforms.
Ballista Preps for Infrastructure Refresh
NEW YORK-Flush with a recently reported $15 million injection of working capital from a new consortium consisting of the International Securities Exchange (ISE), Knight Capital Group, Morgan Stanley and Susquehanna Growth Equity, options broker Ballista…
Thomson Reuters Retires GlobalTopic
Thomson Reuters will stop supporting its legacy GlobalTopic product for UK stockbrokers at the end of this month, and is migrating users to its Reuters Trader UK product, integrated with an order management system white-labelled from London Stock…
Citi Restructures Global Trading
NEW YORK-Banking giant Citi has recently reorganized its global electronic trading team in order to adapt to the rapidly changing global market structure, according to an internal memo obtained by DWT and authored by Steve Swanson and Shakil Ahmed, co…
ISE Gets Green Light for Level 2 Feed
The International Securities Exchange will next month begin charging for its direct feed of Level 2 market data, which was originally launched as a beta trial product in 2007, after receiving approval from US regulator the Securities and Exchange…
CA Cheuvreux's Blink to Go Dark
NEW YORK-Clients of CA Cheuvreux will have access to a new pool of European dark liquidity to trade in as the agency brokerage arm of Crédit Agricole is in the process of adding dark capabilities to its internal crossing network, dubbed Blink, say bank…
Exegy Expands Appliance Lineup
St. Louis, Mo-based hardware ticker plant vendor Exegy will this week announce two new appliance products for low- latency data capture and distribution, based on its existing hardware-accelerated Exegy Ticker Plant, in a bid to broaden the vendor's…
Voltaire Preps ‘Vantage' for Analysis Apps
Voltaire, a provider of low-latency Infini- Band networking technologies, will this week announce a range of network switch products for 10-Gigabit-per-second Ethernet networks, which will allow clients to utilize Ethernet connectivity for less latency…
REIDIN Puts Data on Bloomberg, Eyes Expansions
REIDIN, a Dubai-based provider of emerging markets real estate data, is making subsets of its content available via Bloomberg as an add-on subscription to the vendor's terminal.
Activ Hires Industry Vets Hall, Williams
Activ Financial has expanded its New York sales and support functions with the hire of two long-time data industry executives, Scott Hall and Steve Williams.
Traderforce Migrates Users to Mottai, Bundles Mobile
Paris-based market data vendor Traderforce has begun migrating clients to the latest version of its Mottai integrated data, trading and risk management terminal, and expects to complete the process by the end of this summer, officials tell Inside Market…
CJC Prescribes Data Health Checks
UK-based market data consultancy CJC is offering free "health checks" to help new and potential clients assess whether their market data distribution infrastructures are capable of supporting rising levels of data traffic, officials tell Inside Market…
ELX Enters the Fray
On the eve of the launch of ELX Futures, DWT U.S. reporter Oksana Poltavets sits down with CEO Neal Wolkoff to discuss what the exchange is doing to prepare, and its role in the bourgeoning futures market.
Latin America Sees Rise in Local FIX Vendors
SAO PAULO-The growth of electronic trading and FIX protocol adoption in Latin America has spurred a wave of new local FIX vendors, according to industry insiders.
Panel: MTFs to Knock Exchanges' Market Dominance
LONDON - The European market will eventually reach a tipping point where price formation will happen away from the incumbent exchanges and the multilateral trading facilities (MTFs) will grab a large slice of the market share, according to members of…
Quantum Leap
BNP Paribas drastically accelerated calculation times while slashing electricity consumption with the help of a new GPU-based architecture.
Athena Taps SD for Gas Pricing, Risk
Derivatives pricing and risk management software vendor SuperDerivatives is planning to expand its presence in Canada, after deploying its SD-CM commodities and energy pricing tool at Quebec-based gas marketing firm Athena Energy Marketing, which the…