News
Aleri Boosts Sales, Support Staff
CHICAGO-Complex event processing (CEP) technology vendor Aleri has hired new sales and support staff in an effort to increase sales and gear up for the upcoming launch of its real-time Liquidity Risk Manager product.
Swift Plans Service Expansion
NEW YORK-Industry messaging cooperative Swift is considering introducing a range of new services in 2009 to expand its penetration within financial firms.
AFA to Add Options Analytics
NEW YORK-Users of the Impact Pro execution management system (EMS) from Advanced Financial Applications (AFA) will soon be able to take advantage of options analytics capabilities, DWT has learned.
AFA to Add Options Analytics
NEW YORK-Users of the Impact Pro execution management system (EMS) from Advanced Financial Applications (AFA) will soon be able to take advantage of options analytics capabilities, DWT has learned.
UBS, Credit Suisse Slash Jobs Amid Crisis
ZURICH-Reporting record losses in 2008, Swiss banks UBS and Credit Suisse have announced further cuts.
SunGard Consolidates Networks
LONDON-Trading software and services giant SunGard is in the process of integrating its two order routing and market data networks with the one from recently acquired Paris-based exchange connectivity and trading platform provider GL Trade, now rebranded…
Essex Radez Grows Data Network
Chicago-based broker and data redistributor Essex Radez has expanded the reach of its data collection network with hosting space in Equinix's NY4 datacenter in Secaucus, NJ, and a point of presence (PoP) in Savvis' Weehawken, NJ datacenter, to provide…
Axes Future Unclear
NEW YORK-The fate of agency broker and electronic trading access provider Axes is currently in limbo, DWT has learned.
BATS Mulls Fees for Value-Added Data
The BATS Exchange, the former BATS Trading ECN, is eliciting client feedback to aid the development of a suite of new, value- added data products and analytics that may be fee-liable, though the exchange's core market data will remain fee-free, officials…
Quote MTF to Name Clearing Partner
BUDAPEST-A new Hungarian multilateral trading facility (MTF), dubbed Quote MTF, is set to name its clearinghouse later this week, officials tell DWT .
BT to Take Turret Support to Radianz
NEW YORK-Telecommunications and turret provider BT plans to deliver trading turret support via its Radianz Shared Market Infrastructure beginning in April, according to vendor officials.
SunGard Integrates GL Trade Data Assets
Financial IT giant SunGard is preparing to integrate the market data business of its Global Trading division-formerly GL Trade ( IMD , Aug. 4, 2008)-with SunGard's Fame data unit.
1010Data Adds Credit Links
New York-based data analysis software provider 1010Data has integrated its managed business intelligence platform with a dataset of loan-level consumer credit information from credit data agency Equifax, to enable firms to more accurately price…
NewRiver Sues Morningstar Over Data 'Theft'
Chicago-based investment research provider Morningstar last week dismissed claims that it stole information from a rival vendor, which is suing Morningstar for allegedly obtaining its data without a license and for unfair competition.
Covington Hire Kick-Starts ITRS Recruitment Drive
UK-based real-time systems monitoring software vendor ITRS has hired former BT executive Kevin Covington as managing director of its European operations, and plans to increase headcount in 2009 to support business growth worldwide.
Xignite Fires up BATS Data
Web services-based data provider Xignite is expanding the range of US equities datasets it can provide to clients, with the addition of quotes and market depth from the BATS Exchange.
BT Readies Ultra Network for London Rollout
BT Global Financial Services is preparing to launch its low-latency Ultra Access network in London, to provide low-latency connectivity to exchanges and multilateral trading facilities in the city.
Mob Index Shows 'Smart' Flows
A Wall Street data technology executive has created an online analytical tool, dubbed the Mob Index, that consolidates data on trading volume and open interest across different countries and exchanges, to provide an indicator of institutional sentiment…
Agora Corretora Deploys Apama CEP
Brazilian broker Agora Corretora de Titulos e Valores Mobiliarios is rolling out Progress Apama's complex event processing engine to support analysis of market data and trading on the country's BM&F Bovespa exchange group.
TraderPlanet to Track Sentiment
TraderPlanet.com, a social networking portal that provides commentary, price data and news for active traders, will this week unveil a new feature, dubbed TraderPlanet Index, that tracks market sentiment based on input from participating traders.