News
Skyler Hires Ford for Product Expansion
Concord, Calif.-based liquidity discovery and tick database provider Skyler Technology is planning to expand its products into new business areas and asset classes this year, and has hired former Proquote chief operating officer Mark Ford to spearhead…
Knight Grows N.J. Datacenter
JERSEY CITY, N.J.-To meet the demands of its growing electronic trading business, broker-dealer Knight Capital Group is currently building out additional space in its datacenter and on its trading floor, DWT has learned.
Nasdaq OMX Unveils Govt. Relief Index
Nasdaq OMX will this week launch a new index designed to measure the performance of European companies that have received government aid, and to be a tool for traders who invest in those companies as a basket of stocks, officials tell Inside Market Data .
Eastern Europe Exchanges to Standardize Platforms
BUDAPEST-A Central and Eastern European exchange conglomerate formed by Budapest Stock Exchange (BSE), Ljubljanska Borza, Prague Stock Exchange and Weiner Börse, plans to adopt Deutsche Börse's Xetra as a single trading platform across the markets,…
BT, Corvil Enter Low-Latency Agreement
LONDON-Telecommunications giant BT has entered into the realm of latency monitoring services via a partnership with latency monitoring platform provider Corvil, BT officials announced today, Feb. 23.
Aleri Boosts Sales and Support Staff
Chicago-based complex event processing technology vendor Aleri has hired new sales and support staff to increase sales and gear up for the upcoming launch of its Liquidity Risk Manager product.
Appro Readies GreenBlade
MILPITAS, CALIF.-Enterprise server maker Appro will release its new GreenBlade system designed to run high-performance and high-density computing applications tomorrow, Feb. 17.
VWD Buys EDG Stake for Ratings
Frankfurt-based data vendor VWD last week reached an agreement to acquire 51 percent of the European Derivatives Group, a Swiss-German vendor of structured products ratings, analytics and index data, with an option to buy out the remainder of the company…
Code Red Unveils IdeaNet
Boston-based research management software vendor Code Red has signed up the first buy-side participants to its IdeaNet online platform for the distribution of research and trade ideas between sell-side broker-dealers and buy-side clients, which went live…
Fixnetix Rolls Out Low-Latency JSE Data
UK-based low-latency data vendor Fixnetix has added low-latency data from South Africa's JSE Securities Exchange to its new high-capacity network, officials say.
euNetworks Preps New MAN in London
Network service provider euNetworks is completing the build-out of a high-capacity Metropolitan Area Network (MAN) for London, which will offer clients low- latency connectivity to exchanges and multilateral trading facilities in the city.
ITRS, West Highland Prep Free Trials
Real-time systems monitoring software vendor ITRS and managed service support provider West Highland Support Services are giving prospective clients free trials of their software and services, in a bid to boost takeup of a joint service offering unveiled…
BT Shuffles Execs, Consolidates Sales
Telecom giant BT has made two senior appointments to reflect a more integrated salesforce across its BT Global Financial Services network and hosting business, and to replace BT GFS' former head of strategy and propositions, Kevin Covington.
Exchanges Seek Cost Cuts,Technology Synergies
NEW YORK-In the face of economic hardship, U.S.-based exchange operators are looking to acquisition synergies and new revenue generators to make it through 2009.
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.