News
Moody's Aligns CDS Data with ISDA
Moody's CreditQuotes division is updating its credit default swap spread data and valuations to correlate them with the International Swaps and Derivatives Association's "Big Bang" CDS protocol for standardizing trading and valuation of single-name North…
Fixnetix Preps Real-Time Risk Analytics
UK-based low-latency data and trading technology vendor Fixnetix will this week roll out a real-time risk application targeted at prime brokers, who can use the service to monitor and control hedge fund clients trading in the broker's name as part of…
Pivot Readies IM Data Montage
Instant messaging and collaboration software vendor Pivot is testing a new product that captures over-the-counter dealer quotes from IM communications between brokers and buy-side clients, and displays them in a montage of prices.
Bids Puts Best Face Forward
As the pace of liquidity fragmentation in the U.S. begins to slow, the players who managed to carve out a piece of the pie must now work harder to maintain their market share. As alternative trading system (ATS) Bids Trading marks two years since its…
InfoReach to Update TMS
CHICAGO-Officials from trading platform provider InfoReach tell DWT that a major upgrade to the vendor's Trade Management System (TMS) is approximately a month away.
Concannon Exits Nasdaq OMX
NEW YORK-After six years with exchange operator and technology provider Nasdaq OMX, Chris Concannon will step down as executive vice president of transaction services at the end of the month, Nasdaq OMX officials recently announced.
Raymond James Rolls Out Market-Q
Raymond James Financial has rolled out Interactive Data's Market-Q Web-based workstation to 4,000 US-based financial advisors in its private client group, replacing the Reuters Plus legacy wealth management platform.
Swedbank Readies Nordic Markets SOR
STOCKHOLM-In preparation for the launch of the Nordic multilateral trading facility (MTF) Burgundy on May 8, Swedbank plans to offer a smart order routing (SOR) service to its institutional and retail clients, bank officials announced today, April 20.
Sydbank Revamps Trading Floor
AABENRAA, DENMARK-Danish financial firm Sydbank went live with its redesigned trading floor last week, officials announced today, April 20. The initiative is the foundation of a larger project that aims to unify communications on the bank's trading floor…
Skyler Boosts Real-Time Data Failover
Concord, Calif.-based Skyler Technology has launched a new component of its C3 data suite to help improve the resilience of market data infrastructures in the event of data outages.
CS, Banks Complete Turquoise Latency POC
Credit Suisse and pan-European multilateral trading facility Turquoise, which both use latency monitoring appliances from Dublin-based Corvil, have completed a proof-of-concept project to connect the bank's and MTF's latency monitoring technologies, to…
Turquoise Opens Network to Latency Monitoring
LONDON-Operators of pan-European multilateral trading facility (MTF) Turquoise have decided to let market participants peek behind the curtain of the MTF's network latency performance with the deployment of the CorvilClear application from latency…
Activ Readies Low-Latency Euro Data
Low-latency data vendor Activ Financial will this month expand its connectivity to European exchanges and other trading venues in response to demand from US and European clients for low-latency data from the region.
Mob Index Adds Sectors, Stock Levels
MobIndex.com, a Web site that provides an indicator of investing sentiment by analyzing institutional money flows between countries, has added a sector breakdown and index levels for institutional ownership of individual US-listed stocks, to show flows…
Fidessa Opens Up Fragmentation Index Data
UK-based trading technology and market data vendor Fidessa is preparing to provide its clients with access to a historical database of European market data, which can be used to analyze changes in liquidity between exchanges and multilateral trading…
Serena Releases Mashup Designer
REDWOOD CITY, CALIF.-The latest version of automated mashups environment product Business Mashups 2009 is now available from application lifecycle management software provider Serena Software.
Ukrainian Exchange to Roll Out Micex Platform
KIEV-Later this month Ukrainian PFTS Stock Exchange is set to deploy a new trading and settlement system, dubbed PFTS Next, based on technology from the Moscow Interbank Currency Exchange (Micex), as well as exchange operator and technology provider…
Quote MTF Moves Launch to Q3
BUDAPEST-Officials at Hungarian multilateral trading facility (MTF) Quote MTF have delayed the venue's launch to Sept. 4 from its planned June 5 debut since unnamed "major players" could not connect to the platform by then, DWT has learned.