News
Munder Capital live on Advent APX
Munder Capital Management , the $21 billion Michigan-based investment manager, has implemented Advent Software's Advent Portfolio Exchange (APX) portfolio and client management product in order to run its fixed-income and equity holdings on a single…
Neonet Taps Corvil to Monitor Data Latency
Neonet, a Stockholm-based agency broker and provider of market data and trading systems, has deployed latency monitoring technology from Dublin-based software vendor Corvil to monitor data latency across its global operations, officials say.
JonesTrading Adds International Trading Desk
LOS ANGELES-Agency-broker JonesTrading Institutional Services announced today, June 1, that it has deployed the international trading capabilities of its order management system (OMS) and connectivity provided by Fidessa to support the firm's new…
Citi Maps Out European Strategy
As new European markets pop up taking liquidity from long-established exchanges, investment banks find themselves chasing liquidity down a maze of various trading venues. DWT European reporter Cecilia Bergamaschi sits down with Jack Vensel, managing…
Canadian ATSes, SOR Drive FIX Adoption
TORONTO-Although the proliferation of the FIX messaging protocol in Canada has been behind the U.S. or Europe, the changes in Canadian capital markets and how industry members are responding to them highlight the need for greater adoption of the protocol…
Neonet Plans Global CorvilNet Deployment
JERSEY CITY, N.J.-In an effort to attract more high-frequency traders, Swedish agency brokerage Neonet will deploy the latest version of the CorvilNet latency monitoring device from latency monitoring vendor Corvil, vendor officials announced today, June…
Index License User Group Seeks Traction
An informal user group for index licensing professionals set up as a knowledge-sharing forum by Steve Ellenberg, global index licensing coordinator at Credit Suisse, is gaining interest from other market participants as Ellenberg seeks to formalize the…
BATS, Fixnetix Partner for Co-Lo Services
Multilateral trading facility BATS Europe is offering clients a second choice of co-location service provider for accessing low-latency data from its European order book, via a new partnership with UK-based low-latency data and trading technology vendor…
Microsoft Ready to Join CEP Fray
NEW YORK-Software giant Microsoft is in the final stages of preparing for the July launch of its beta testing and technology acceptance program (TAP) for its complex event processing (CEP) offering, which it plans to ship in the first half of 2010, say…
Fixnetix Hosts Bats Europe
LONDON-Clients of Bats Europe now have the option to co-locate their servers in the same datacenter as the multilateral trading facility's (MTF's) matching engine via a new service offered by trading connectivity and market data distribution vendor…
MetaBit Cuts Latency with Solace
Japanese FIX order-routing provider MetaBit has integrated hardware messaging vendor Solace Systems' 3260 Content Routers into its XiliX direct market access platform and Market Liquidity Hub, to reduce the latency of exchange data it distributes to…
Instinet Launches Third-Generation EMS
NEW YORK-Agency broker Instinet is close to completing the global deployment of the latest version of its execution management system (EMS), Newport 3, officials tell DWT.
MetaBit Turns to Solace for Performance Bump
TOKYO-In order to boost the performance of its trading offerings in the Asia-Pacific markets, trading technology provider MetaBit plans to embed low-latency, high-throughout Solace 3260 Content Routers from hardware-based middleware and messaging…
Thomson Reuters Adds Commodities to NewsScope
NEW YORK-Black-box traders have another tool at their disposal, as Thomson Reuters expands the coverage of its Reuters NewsScope Sentiment Engine (RNSE) with a new module that covers the commodities and energy markets, officials plan to announce Tuesday,…