News
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,…
Exchange Giants Prepare for New Markets
LONDON & NEW YORK-To meet the rapidly changing market structures, major exchange operators are on the verge of launching a number of initiatives to maintain their dominant positions in the global markets.
Experts: Think Twice About Low-Latency Race
LONDON-Although achieving ultra-low latency is the top priority for many market players, it is fundamental that firms assess their business needs as well as the costs of maintaining a leading-edge infrastructure before deciding to enter the speed battle,…
Liquidnet Tackles Latency via Direct Feeds
Alternative trading system Liquidnet is migrating from a consolidated vendor feed of equities data to a direct exchange feed solution for incoming market data, to reduce the latency of data used to determine routing strategies and of its own mid-point…
Reuters Adds Commodities News Sentiment
Thomson Reuters has expanded its NewsScope Sentiment Engine, which ascribes sentiment "scores" to news stories to reflect how positive or negative they are for use in algorithmic trading engines, with the addition of scores for real-time commodity and…
Bloomberg Snaps Up Industry Veterans Brain, Jacobi
Bloomberg has bolstered its data sales and acquisition functions with the recent hires of two senior data executives from end-user firms, Simon Brain and Rich Jacobi.
Hedgehogs.net Seeks Data For Web Portal App Store
Hedgehogs.net, a recently launched Web portal that combines a social networking platform for investment professionals to communicate with peers with aggregated Web content, is in negotiations with data vendors to provide access to data for third-party…
RTS Adds Ukrainian Data, Eyes Exchange Data Partners
The Moscow-based RTS Stock Exchange began distributing real-time market data from the Ukrainian Exchange last Wednesday, May 20, officials tell Inside Market Data.
Celoxica Preps 29West LBM Acceleration Card
UK-based hardware acceleration technology vendor Celoxica has begun beta testing an accelerator card that will reduce latency for customers using 29West's Latency Busters Messaging (LBM) over UDP (User Datagram Protocol) Multicast links, officials tell…
Open-Source OMS Adds Real-Time Capabilities
SAN FRANCISCO-The latest release, version 1.5, of the open-source order management system (OMS) from vendor Marketcetera now includes features to help traders scale, support multiple users and get deeper real-time reporting on profit and loss (P&L) for…
TraderTools to Integrate Caplin Trader
NEW YORK-Foreign ex-change (FX) trading technology provider TraderTools is planning major third quarter upgrades to its Liquidity Management Platform, including the white-labeling of Caplin Trader from Caplin Systems, vendor officials announced today,…
29West's UME Gains Low-Latency Queuing
NEW YORK-Low-latency messaging products provider 29West is set to introduce support for queuing as a delivery type for its Ultra Messaging for the Enterprise (UME) product, DWT has learned.
RMS Vendors Integrate FirstRain Content
Web research and search technology provider FirstRain is making its company research, competitor ecosystem analysis and management turnover reports available as an XML datafeed or embedded widgets within the platforms of research management platform…