News
Correlix Speeds New London Office to Meet Europe Demand
New York-based latency monitoring technology vendor Correlix is preparing to open an office in London to support a growing number of clients it has recently signed in Europe, officials tell Inside Market Data .
Capital IQ Expands Key Developments Feed After SystematIQ Study
Standard & Poor's Capital IQ division has increased the number of categories in its Key Developments feed of news and corporate events, and will continue to refine the tagging process used by the feed, following a study conducted by recently launched…
IBM Updates Low-Latency Messaging
IBM has released version 2.2 of its MQ Low Latency Messaging (LLM) layer. New features include a message store and shared memory capability to improve the product's reliability, speed and usability.
Pivot Adds Equities to Instant Markets
Messaging and collaboration software vendor Pivot is expanding its Instant Markets application, which creates a quote montage from prices in instant messages, to support block trading of US equities.
Bloomberg, Microsoft Forge Closer Partnership with New Excel Add-in
Bloomberg last week announced an updated version of its plug-in for Microsoft Excel, built in partnership with Microsoft's development team, and a closer partnership with the software giant that involves closer cooperation on client sales and marketing…
PHLX to Begin Inet Migration
NEW YORK-Global exchange operator Nasdaq OMX plans to begin moving the Philadelphia Stock Exchange (PHLX) to the operator's Inet trading system later this year as part of a trading platform upgrade. Nasdaq OMX aims to complete the project early in the…
Multi-Asset Platforms Pose Challenges for Exchanges
NEW YORK-Due to the latest wave of consolidation in the U.S. exchange space, several futures and options marketplaces have become multi-asset venues and are now grappling with the challenges that entails, according to industry insiders.
Sybase Builds Analytics into RAP
Sybase will this week release a version of its RAP Trading Edition data and analysis platform that includes new, embedded real-time analytic capabilities and the ability for users to write or implement their own within RAP, streamlining the process of…
Dow Jones, Equinix Prep Euro News Co-Lo
Dow Jones is planning to launch a European co-location service for clients seeking low-latency access to its Elementized News Feed of tagged news stories for algorithmic trading, by extending a partnership with hosting service provider Equinix, officials…
Capgemini Targets FIX QA Efficiency
NEW YORK-Technology and outsourcing services provider Capgemini has released a FIX testing accelerator, which aims to cut the quality assurance (QA) testing lifecyle by 30 to 50 percent, vendor officials tell DWT .
Sybase RAP Gains Real-Time Analytics
DUBLIN, CALIF.-Enterprise software and services provider Sybase has introduced time series analytics to its RAP-The Trading Edition platform in an effort to improve the development of risk and trading models with faster time-series analysis of market…
Nasdaq Unveils TOPO, Glimpse of TotalView
Nasdaq OMX is launching a new direct feed of Level 1 options data from its Nasdaq OMX PHLX Market (formerly the Philadelphia Stock Exchange) to provide customers with a lower-latency alternative to acquiring the data via the Options Price Reporting…
Nasdaq OMX to Finalize Clearing Deals
STOCKHOLM-Global exchange operator Nasdaq OMX plans to announce it has added one or two clearing partners for its European markets, which will go beyond the memorandum of understanding (MoU) the exchange operator signed with the European Multilateral…
BST Launches Savings Analysis Tool
Swiss market data software vendor BST has developed a new module of its FinOffice suite of administration tools, to help clients analyze changes in market data expenditure and pinpoint specific drivers behind spending trends.
DJ Co-locates Elementized Feeds
LONDON - U.K.-based algorithmic traders using the Dow Jones Elementized News Feed should expect microsecond latency as the vendor plans to collocate its service in Equinix's London-Slough (LD4) International Business Exchange (IBX) datacenter sometime in…
Saratoga to Deploy Nirvana Multi-Prime Platform
NEW YORK-Mini-prime brokerage Saratoga Prime Services plans to provide its small and midsize hedge fund clients with a real-time portfolio management system from Nirvana Solutions, broker officials announced today, May 4.
Fidessa Preps Analytics Platform
UK-based market data and trading technology vendor Fidessa is launching an analytics platform that will allow traders to perform complex real-time calculations based on multiple data sources and publish the derived values to a range of consuming…
HKEx Continues Free Data Project
Hong Kong Exchanges and Clearing (HKEx) has reaffirmed plans to provide free real-time data to investors via one or more partners that operate investor Web portals, despite recently reported criticism from five companies in Mainland China who expressed…
Reuters Grows Market Share Analytics
Thomson Reuters has increased the amount of trade data from over-the-counter markets and dark pool matching services available via its Equity Market Share Reporter (EMSR) product, which is designed to help firms locate shifts in liquidity between trading…