News
BATS Europe Changes Tick Size, Promotes Harmonization
Pan-European multilateral trading facility BATS Europe is changing the granularity of tick sizes for certain stocks traded on its platform, and is driving an industry initiative to harmonize tick sizes across all European exchanges and MTFs, which could…
Aqumin Upgrades Heatmap Displays
Houston, Texas-based data visualization software vendor Aqumin will release a new version of its AlphaVision heatmap software at this year's SIFMA conference, featuring a revamped interface and new functions designed to help traders spot trends in market…
Sterling Trader Taps SpryWare for EU Data
Chicago-based trading systems provider Sterling Trader is using ticker plants and feed handlers from low-latency technology vendor SpryWare to expand into Europe with data connectivity to exchanges and other venues in the region, officials say.
Ballista Preps Data Expansion
Ballista Securities, operator of an alternative trading system for equity block options and delta-neutral orders, plans to expand its data infrastructure to establish new and backup connectivity to exchanges and to build a new disaster recovery site.
Wall Street on Demand Preps International Content Expansion
Boulder, Colo-based research software vendor Wall Street on Demand is planning to add new datasets to upcoming releases of its Wealth Desktop portfolio analysis tool, including institutional content, as well as news and fundamental data, officials say.
RTS Adds Brazilian Connectivity
CHICAGO-Traders looking to execute on Brazilian futures exchange BM&FBovespa can now access the market via products provided by trading technologies and exchange gateway vendor RTS Realtime Systems Group.
Interactive Brokers Adds Auto-Options Hedging
GREENWICH, CONN.-Options agency brokerage Interactive Brokers recently launched a new platform, dubbed Option Portfolio, which allows users to hedge their portfolio in line with a selection of standard Greek risk measures, such as delta, gamma and theta,…
Turquoise Suffers Trading Glitch
LONDON-Multilateral trading facility (MTF) Turquoise suspended trading activity last Wednesday, June 10, following technical issues related to a complex dark order matching scenario, according to officials.
Portware Expands Global Footprint
NEW YORK-Execution management system (EMS) provider Portware has made several key hires to beef up its presence around the world, DWT has learned.
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…