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WSS Scales FX Offering with CEP

LONDON-By integrating complex event processing (CEP) technology from Aleri into its foreign exchange (FX) trading platform, Wallstreet FX, Wall Street Systems expects to increase its platform throughput to 3,000 deals per second from its current 70 to…

Bloomberg Offers Client Data Spend Reviews

Bloomberg has begun offering consultations to client firms, to review their data usage and identify ways to reduce overall spend by eliminating duplicative products and under-utilized licenses for real-time data, industry sources say.

Merrill Lynch Cooks Up Internal Cloud

NEW YORK-To reap the cost-saving benefits of cloud computing, Merrill Lynch and parent Bank of America are in the process of developing an enterprise file system (EFS) that will power the bank's internal cloud computing initiative.

Deutsche Bank Debuts Portfolio Algorithm

NEW YORK - In order to give traders more control in the volatile and fragmented markets, Deutsche Bank's Autobahn Equity multi-broker trading platform is preparing to introduce a trading algorithm­-Optimal Portfolio Execution (OPX)-designed to execute…

Aspen Integrates Advanz GnosTick Indicators

Charting and analytics provider Aspen Graphics has begun rolling out a version of its software that incorporates trading indicators from Advanz Analytics, a Miami, Fla.-based futures commission merchant and technology provider, officials say.

Understanding ISIN Licensing Practices

The European Commission's investigation into the licensing of US International Security Identification Numbers (ISINs) has resulted in many market participants raising questions about the fees being charged by the Cusip Service Bureau (CSB), which…

Focus on FAS

Recent changes to US accounting and valuation practises are expected to bring more clarity to the role of fair-value pricing. Tine Thoresen reports on the new guidance issued by the Financial Accounting Standards Board

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