News
TradingScreen connects to Instinet
New York-based TradingScreen, a provider of multi-broker, multi-asset class execution management systems (EMS), has launched a direct connection to Instinet's CBX ASIA, the real-time displayed ATS (alternative trading system) for Japanese and Hong Kong…
XData Adds African Exchanges, Inks Interactive Data Deal
Dubai-based XData, a provider of data from exchanges in the Middle East and Africa, is expanding its market coverage, and has signed a deal to provide data from Middle East exchanges to Interactive Data, officials tell Inside Market Data .
Revere Grows Global Classifications
San Francisco-based Revere Data is expanding its classification schema to cover more international markets, to enable clients to identify like-for-like companies and supplier relationships in different countries to support algorithmic trading strategies.
Morgan a Casualty of LSE Job Culls
Wendy Morgan has left her role as head of real-time data at the London Stock Exchange, as part of a broader raft of redundancies resulting from a review conducted by new chief executive Xavier Rolet, who took over the role when former CEO Clara Furse…
Thomson Reuters Adds Trading to RMDS
Thomson Reuters has incorporated trading capabilities from French software vendor Smart Trade Technologies into its RMDS data distribution platform, to enable clients to leverage their existing data infrastructure investments to internalize trades and…
Progress Software Adds Lime as Destination
NEW YORK-Users of the Progress Apama Algorithmic Trading platform can now route their execution strategies through agency brokerage Lime Brokerage, according to Progress Software and Lime officials.
Sifma: A Show in Review
NEW YORK-Mirroring the industry that it serves, this year's Technology Management Conference and Exhibit, hosted by the Securities Industry and Financial Markets Association (Sifma) in Midtown Manhattan last week, saw fewer exhibitors and lighter foot…
Aite Group: Asia Poised for ATS Boom
BOSTON-Although regulatory hurdles and cultural issues hinder alternative trading systems (ATSes) from flourishing in the Asia-Pacific region, the proliferation of the venues is inevitable, according to a recent report published by industry analyst firm…
Nasdaq OMX Adds Functionalities to Genium
STOCKHOLM-Exchange operator and technology provider Nasdaq OMX is finalizing the addition of core functionalities to its Genium next-generation trading platform, which will power derivatives and fixed-income trading on the exchange operator's Nasdaq OMX…
FXecosystem Readies FX Network Launch
NEW YORK-Officials with foreign exchange (FX) connectivity provider FXecosystem plans to take its FX extranet for banks, buy-side traders and FX ECNs live in July with three buy-side clients and 10 liquidity providers.
Thomson Reuters Opens RMDS to Trade Messaging
NEW YORK-Global market data and trading platform provider Thomson Reuters has recently announced that its Thomson Reuters Market Data System (RMDS) now supports the transmission of peer-to-peer trade messaging.
LSE's Baikal Launch Imminent
LONDON-After having recently received the first phase of multilateral trading facility (MTF) Baikal's technology from order management system (OMS) and market connectivity provider Fidessa, London Stock Exchange (LSE) officials are now in the final…
NYSE Technologies Hosted OMS Targets Sub-Primes
NEW YORK-In an effort to expand high-frequency trading capabilities for the sub-prime broker community and its buy-side clients seeking sponsored access, NYSE Euronext's commercial technology business, NYSE Technologies, plans to roll out a hosted…
Equinix to House C2 Options Market
SECAUCUS, N.J.-The Chicago Board Options Exchange (CBOE) has selected datacenter provider Equinix to host CBOE's new fully electronic venue, dubbed C2, exchange and vendor officials announced today, June 29.
Gain Capital Considers Co-Lo for Europe, Asia
NEW YORK-Foreign exchange (FX) trading and services provider Gain Capital Group is in the midst of evaluating co-location possibilities for markets in Europe and Asia as well as upgrading its technology to support trading in additional asset classes,…
Survey: Piracy Costs Data Industry $8bn
The financial information and analysis industry is losing an estimated $8 billion of subscription revenue each year as a result of subscribers sharing login information and content "scraping," according to a survey conducted by Burton-Taylor…
Acquire Media Prepares to Unleash Tiger
Roseland, NJ-based news aggregator Acquire Media is testing a new feed of machine-readable tagged news to power algorithmic trading engines.