News
Panel: Multi-Asset Trading Set to Grow
LONDON-Although multi-asset trading has been gaining traction in the financial industry in the last few years, firms have yet to adopt it across a wide range of instruments, say industry participants.
TriCygnet Adds New Assets to TimeScape
New York-based global macro fund TriCygnet has expanded its use of data management technology vendor Xenomorph's TimeScape product to support trading and analysis of new asset classes within its analytical models.
NYSE Arca Europe Plans to Go Live in Q1
PARIS-Exchange operator NYSE Euronext plans to launch its NYSE Arca Europe multilateral trading facility (MTF) later this quarter, after the migration of the exchange's equities trading to its new Universal Trading Platform (UTP), officials tell DWT .
BGC to Distribute ELX Market Data
ELX Electronic Liquidity Exchange, a new futures exchange founded by a consortium of broker-dealers and trading firms, is to use BGCantor Market Data, the data arm of interdealer broker BGC Partners, as its exclusive distributor of market data.
Ágora Deploys Progress Apama CEP Platform
São Paulo, BRAZIL-Ágora Corretora de Títulos e Valores Mobiliários, a division of Banco Bradesco, has selected Progress Apama's complex event processing (CEP) technology to power its algorithmic trading strategies, officials announced today, Feb. 9.
IG Taps SkylerTech for Consolidated Data
UK-based derivatives trading firm IG Group has deployed Skyler Technology's C3 Liquidity Discovery Solution (LDS) to support market making in contracts for difference (CFDs) and financial spread betting markets.
CME Focuses on Globex, Integration in 2009
CHICAGO-Exchange operator CME Group plans to integrate the membership systems of the Chicago Mercantile Exchange (CME) and the acquired New York Mercantile Exchange (Nymex) by the end of this quarter.
3Tera Ups Operating Systems Support
ALISO VIEJO, CALIF.-Cloud computing technology provider 3Tera plans to roll out the general release version of its AppLogic grid operating system-designed to enable utility computing for running and scaling Web applications-tomorrow, Feb. 3, say…
FISD OKs Data Certification Plans
Data industry association FISD is proceeding with plans for a certification program for data professionals, which it hopes to bring to market in the third quarter of this year.
MDSL Shuffles Execs
UK-based market data cost management software vendor MDSL has realigned its senior staff to take over the duties of David Toomey-Wilson, president of its US operations, who left MDSL last week.
Thompson Back on Top at Tervela
Low-latency hardware messaging provider Tervela has parted ways with chief executive Robert Cramer, who held the position for just over a year.
Aleri Bolsters Risk Analytics
Chicago-based software vendor Aleri is developing a risk analytics library to help clients address growing demand for real-time risk analysis in their trading operations.
euNetworks Expands in Germany
Low-latency network service provider euNetworks is completing the rollout of its German-wide area network, connecting all its metropolitan area networks (MANs) within the country with high-speed, high-capacity fiber technologies.
YouDevise Improves TIM Analysis
YouDevise, a provider of technology for distributing trade ideas between dealers and buy-side clients, has added new features to its Trade Idea Monitor platform to perform more detailed sentiment analysis and more flexible reporting, officials tell…
Chi-Tech Ups European Feed Coverage
Chi-Tech, the technology and data vendor known as Cicada prior to its purchase by multilateral trading facility Chi-X, is expanding the European feed coverage of its MarketPrizm algorithmic trading infrastructure, and is adapting its technology to…
First Derivatives Boosts Data Focus
Newry, Northern Ireland-based financial technology consultancy First Derivatives is stepping up its focus on developing its own software resources, by expanding its range of feed handlers and producing more real-time software applications.
Clearing the Way for Dynamic Grids
Dynamic computing grids are said to be the next frontier for investment firms looking to maximize compute power, but just how to construct them remains unclear. Sibling publication Waters assembled a distinguished panel at City#Grid 2008 to discuss the…
Plus Markets Preps Dark Pool Launch
LONDON-U.K.-based equity stock exchange Plus Markets plans to launch its dark pool of liquidity for small and mid-cap securities by the end of the month, officials tell DWT .
Equinix Signs New Clients for NY4 Datacenter
NEW YORK-Datacenter provider Equinix will be announcing the addition of several new clients on its Secaucus, N.J.-based New York-4 (NY4) International Business Exchange (IBX) facility within the next two weeks.
NYSE-Bids Block Exchange Launches
NEW YORK-In an effort to regain lost market share of block-trading volumes, NYSE Euronext has launched a new anonymous block exchange facility in partnership with alternative trading system (ATS) Bids Trading.