News
Panel: Latency Also Key for Smart Order Routers
LONDON-Aside from worrying about whether their smart order routers are the smartest, sell-side firms operating in the European markets also need to ensure they are the fastest, according to market participants.
NSX Eyes Direct Feeds in Latency Drive
The National Stock Exchange is setting up direct connections to other US equity exchanges to cut data latency by capturing quote and trade data from direct feeds rather than from the Securities Information Processors that support the consolidated…
LSE, Borsa Italiana Eye Consolidation Finish Line
LONDON-Officials from Borsa Italiana and its owner, the London Stock Exchange (LSE), expect to complete the integration of the exchanges' trading activities in the second quarter of this year, DWT has learned.
SIX Signs Vendors for Low-Latency Feed
The SIX Swiss Exchange is conducting conformance testing with a number of data vendors to carry data from its recently launched, low-latency Market Data Interface feed.
NSX Shaves Latency on Blade Engine
JERSEY CITY, N.J.-After multiple concurrent year-long projects to optimize and improve its Blade matching engine, the National Stock Exchange (NSX) is currently performing at sub-millisecond speeds.
LSE Readies FAST Feed for Borsa Data
The London Stock Exchange is to launch a new feed of Italian market data from subsidiary Borsa Italiana that will utilize the FAST (FIX Adapted for Streaming) Protocol for data compression, as part of version 5.0 of its TradElect trading engine, which…
Newedge: Assessing One Year On
The initial spade work needed prior to a merger is always difficult, but integrating two IT infrastructures to meet a single unified business plan is never a simple task. DWT U.S. reporter Oksana Poltavets speaks with Stephen Davy, the newly appointed…
Fixnetix Bows Arca Europe
UK-based data and trading technology vendor Fixnetix last week launched low-latency data and order-routing connectivity to NYSE Euronext's new multilateral trading facility NYSE Arca Europe.
Interactive Eyes Asia Partners
Interactive Data is expanding its data redistribution partnerships in Asia Pacific in a bid to target new markets and increase its presence in the region, officials say.
Harris Compiles Asia Financial Directory
Keiren Harris, chief executive of Hong Kong-based data consultancy Information Concepts, has launched Open-Asia.info, a Web-based resource of financial industry organizations in the Asia Pacific region, including trading firms and investment managers,…
Panopticon Readies New EX Display Tool
Swedish data visualization software vendor Panopticon will next month release a new display tool, dubbed Panopticon EX (Enterprise Express), that will combine the benefits of the vendor's existing enterprise and desktop applications in a single product…
Fitch Bolsters CDS Data, Analytics
Fitch Solutions, the non-ratings data division of Fitch Group, last week launched a new version of its Risk and Performance Platform, an add-in for Microsoft Excel that provides data and risk analysis on debt and credit derivative instruments, featuring…
Front Arena Update Sports Added FX Functionality
LONDON-Trading software and services provider SunGard has recently rolled out version 4.3 of its Front Arena trading platform, which includes high-volume foreign exchange (FX) trading capabilities, straight-through processing (STP) features, scalable…
EDX London to Adopt New Engine
LONDON-The London Stock Exchange (LSE) plans to have its EDX London equities derivatives business running on the Sola matching engine from Montreal Exchange (MX), a subsidiary of the TMX Group, sometime this November, according to exchange officials.
BOX Aims for Block Trading by Midyear
BOSTON-Operators of the Boston Options Exchange (BOX) expect to start development on a block-trading platform within a matter of weeks, DWT has learned.
FPL Readies Service Pack Release
LONDON-The second service pack (SP2) for FIX 5.0 will be available early in the second quarter of 2009, FIX Protocol Ltd. (FPL) officials tell DWT .
CME Ramps Up Exchange Integration
U.S. exchanges are getting off the consolidation bandwagon and the real work of integrating systems and realizing synergies has begun. It is vital, however, that execution venues not lose sight of the big picture and remain competitive in a tough market…
CME Doubles Futures Market Depth
CME Group will over the coming month increase the amount of market depth data available for its exchange-traded futures products from five to 10 levels of depth, in response to demand from customers.
Turquoise to Pick Second Data Vendor
Bank consortium-owned multilateral trading facility Turquoise is close to selecting a second data vendor to support functions of its trading platform that rely on market data from other exchanges and rival MTFs, officials tell Inside Market Data .