News
StanChart Rolls Out FX Aggregation
SINGAPORE-Standard Chartered Bank (StanChart) has completed the first phase of its implementation of Progress Apama technology by going live in four cities on the vendor's foreign exchange (FX) liquidity aggregator.
UNX Adopts 4th Story
NEW YORK-Direct market access (DMA) clients of agency brokerage UNX now have access to trading algorithms via automated-trading technology provider 4th Story's 4S.BlueRidge algorithm trading server, vendor officials announced today, Jan. 26.
BofA Bows Sybase RAP for Risk Data
Bank of America Securities has begun a project to consolidate data from across different business lines to produce more accurate, real-time risk and pricing metrics, using Sybase's RAP (Risk Analytics Platform) Trading Edition.
Euro Consolidated Tape Debate Heats Up
As data vendors launch new products to address fragmentation of trading and data caused by the Markets in Financial Instruments Directive, European multilateral trading facilities continue to call for a standardized source of European equity data for…
NYSE Preps Non-CTA Trade Data Feeds
The New York Stock Exchange will this week begin a pilot test phase of two new feeds of trade data from its main NYSE and NYSE Arca markets, separate from the Consolidated Tape Association feed, to meet the latency needs of high-frequency trading firms,…
Fidessa Launches Boutique Platform
NEW YORK-Order management system (OMS) and market connectivity provider Fidessa announced the launch of its new Maax trading platform, targeted at the growing number of boutique institutional agency brokers, today, Jan. 19.
FTSE Readies Italian Indexes
FTSE Group, the index provider venture of the Financial Times and the London Stock Exchange, has secured a deal to calculate and distribute Italian equity benchmark indexes on behalf of LSE-owned Borsa Italiana.
RMA Streamlines European Ops; Expands in North America
Data contract and usage policy consultancy Rights Management Associates has restructured its operations to reduce its cost base in Europe, and has hired an executive to increase support in the Americas.
HKEx Seeks Web Partners for Free Data Campaign
Hong Kong Exchanges and Clearing will begin providing real-time, basic market data free of charge over select Web sites in Hong Kong and mainland China in the second half of 2009, to raise the profile of the exchange and its data offerings among Chinese…
Thomson Reuters Bows News Indexes
Thomson Reuters last week unveiled NewsScope Event Indices, a real-time feed of news analytics that separates news into different indexes to price movements and volatility based on deviations in the amount of news within specific categories.
EquityFeed Revamps Data App
Montreal-based data workstation provider EquityFeed has released an upgrade to its platform, designed to target new users among the active retail trader community, and to provide a series of specialized, new displays targeted separately at institutional…
Fitch Boosts Financial Fundamentals Data
Fitch Solutions, the non-ratings data and technology delivery arm of ratings agency Fitch, has increased its fundamental data coverage of both public and privately held global financial institutions, to provide more timely information to help firms…
Integrity Preps New Client Portal
New York-based alternative research provider Integrity Research will later this month unveil a new client portal for accessing information on specialist research providers directly from its database.
NYSE Euronext Launches Unified Order Book
PARIS-Exchange operator NYSE Euronext has reached a recent milestone in consolidating its order books. Traders on the Amsterdam, Brussels and Paris bourses can trade on a single consolidated order book.
LSE Adds to Baikal Management Team
LONDON-The London Stock Exchange (LSE) has shed more light on its Baikal dark-liquidity trading platform, announcing two senior appointments to the business.
HKEx Plans to Double Futures Capacity
HONG KONG-Hong Kong Exchanges and Clearing (HKEx) plans to increase capacity on its derivatives trading system by 50 percent by the end of the year and begin developing a next-generation trading system for its securities market over the next three years,…
Client Goes Live with Tervela, FIX Flyer
NEW YORK-An unnamed global investment bank is in production with a deterministic order-routing architecture that enables it to provide clients with service-level agreements on messaging between the broker-dealer and local cash equities exchange,…
Thomson Reuters Adds Risk Event Indices
LONDON-Market data provider Thomson Reuters announced at press time that it has rounded out its stable of machine-readable newsfeeds with its new NewScope Event Indices (NEI) datafeed.
Nasdaq OMX's Genium Imminent
STOCKHOLM-The long-anticipated implementation of exchange platform provider and operator Nasdaq OMX's Genium trading platform is slated for the second half of this year, with a number of clients taking the platform live in 2010, officials tell DWT .
Trayport Readies for Algorithmic Trading
LONDON-Although the commodities markets are still in the early stages of adopting algorithmic trading, commodities trading platform provider Trayport is busily readying its broker platform, Trader Gateway, to handle the expected increase in volume, DWT…