News
ClearSight Debuts Latency Monitor
Fremont, Calif.-based network monitoring provider ClearSight Networks will this week unveil Cronos, a combined hardware and software solution for monitoring latency and detecting message loss.
Marketcetra Releases Open-Source OMS
SAN FRANCISCO-Open-source platform provider Marketcetra plans to announce later this week the general availability of its Marketcetra Automated Trading Platform, DWT has learned.
Audit Integrity Puts Ratings in Excel
Los Angeles-based corporate integrity ratings provider Audit Integrity last week released a soft launch of RiskLink, an Excel add-on that lets users view the vendor's data directly in spreadsheets, and incorporate the ratings into investment analyses.
Capital IQ Expands Analytics
Standard & Poor's Capital IQ data desktop division is rolling out analytics from Tibco's Spotfire business across components of the Capital IQ workstation.
FPL Preps Updated FAST Spec
The Market Data Optimization Working Group of FIX Protocol Limited (FPL) has proposed a number of enhancements to the FIX Adapted for Streaming data (FAST) protocol, aimed at making the compression standard even more efficient for transmitting market…
Fixnetix Upgrades Data Network
UK-based low-latency data and trading technology provider Fixnetix has begun upgrading its network to accommodate growing volumes of data without any degradation in speed or performance.
Manual FX Processing Proves Costly
BOSTON-Corporates trades are at the root of the majority of post-trade processing costs at small banks, according to technology vendors.
Nasdaq OMX Readies BX Quote
NEW YORK-Exchange platform provider and operator Nasdaq OMX plans to launch its second protected quote for the U.S. cash equities markets, dubbed Nasdaq OMX BX, this Friday, Jan. 16.
MF Global Taps Iress for CFDs
SINGAPORE-In order to broaden its direct market access (DMA) offering for contracts for differences (CFDs) in the Asian markets, broker MF Global has recently deployed the browser-based equity trading portal from trading platform provider Iress,…
Experts: Firms to Increase Offshoring in 2009
LONDON-Financial firms will look more for low-cost IT centers in 2009 as the demand for services that help them to reduce their IT operating costs increases, according to an industry observer.
Pure Trading Readies For New Year
As the European and Asian markets mature, broker-dealers and investment banks look north of the U.S. border for their next frontier. DWT U.S. reporter Oksana Poltavets sits down with Richard Carleton, vice president of corporate development for CNSX…
Knight Enlists Quant House in Europe
Knight Capital has begun using low-latency data and connectivity to European markets from French data and trading technology vendor Quant House, to support its London operations, officials tell Inside Market Data .
BarCap Reaches Integration Milestone
LONDON-The investment banking division of Barclays Bank, Barclays Capital (BarCap), has recently completed a major phase in its integration of systems acquired from defunct Lehman Brothers, according to officials.
ISE, Xasax Partner for Member Data
The International Securities Exchange is preparing to offer low-latency access to data from other equity and options exchanges for members that co-locate trading servers within its datacenter, by allowing connectivity provider Xasax to set up access to…
Direct Edge Vies for Exchange Status
JERSEY CITY, N.J.-In the latest bout of exchange applications, ECN operator Direct Edge plans to formally file for dual exchange licenses with the U.S. Securities and Exchange Commission (SEC) in a matter of weeks.
Direct Edge Preps ISX Data Integration
Jersey City, NJ-based ECN Direct Edge plans to revamp its trading and data distribution systems this year, following the purchase of the ISE Stock Exchange (ISX) from the International Securities Exchange.
SunGard Rebrands GL Trade
PARIS-As part of its integration effort, trading software and services giant SunGard has changed the name of recently acquired Paris-based exchange connectivity and trading platform provider from GL Trade to Global Trading, vendor officials tell DWT .
Correlix Revises Latency Tool
Latency management software vendor Correlix has upgraded its Latency Intelligence system for monitoring latency in data distribution and order flow, to provide more detailed data analysis, and to enable clients to react faster to latency issues.
TMX Preps Ontario, Quebec Indexes
TMX Group, the merged Toronto and Montreal exchanges, is preparing to launch two fixed-income indexes, each comprising six benchmark bonds issued by the Canadian provinces of Ontario and Quebec, officials tell Inside Market Data .