News
Nasdaq OMX Sets January New Quote Launch
NEW YORK-Exchange operator Nasdaq OMX Group plans to launch its second U.S. protected quote on Jan. 6, pending approval by the U.S. Securities and Exchange Commission (SEC), according to officials.
E-trading Drives Institutional Adoption of Options
NEW YORK-Although retail clients have previously dominated U.S. equity options trading, institutional firms are beginning to take over the customer segment and will represent 57 percent of the client base by the end of 2009, according to a recent report…
Sungard Readies MicroHedge Release
NEW YORK- Traders of equities, index and futures options will have a more granular view of their trading risk as SunGard introduces intra-day decay tracking in the latest update of its options trading and risk management platform MicroHedge, according to…
Credit Suisse Taps Fixnetix For AES Data
Credit Suisse is to utilize services including market data and hosting from UK-based data and trading connectivity vendor Fixnetix to support the bank's Advanced Execution Services (AES) business, under the terms of a deal signed last week, officials…
CME in Retreat on Historical Data Fees
CME Group has delayed a controversial set of fees for redistribution of historical exchange data, following complaints from end-users.
Thomson Reuters Speeds Estimates for Algos
Thomson Reuters has launched a new, RSS-based feed of revisions to broker earnings estimates, dubbed Reuters Estimates Delta, designed to allow quantitative traders to take advantage of the time between a revision being issued on a company and resulting…
CA Cheuvreux Prepares Internal Cross
NEW YORK-Clients of CA Cheuvreux will have another potential liquidity pool to tap as the agency brokerage arm of Crédit Agricole is in the process of rolling out its new internal crossing network, dubbed Blink, DWT has learned.
Instinet Takes CBX to Hong Kong
HONG KONG-Electronic agency broker Instinet is set to expand its CBX off-exchange liquidity pool for institutional investors to Hong Kong at the end of the month, officials tell DWT .
NYSE Euronext Sets Spring Launch
PARIS-Exchange operator and technology provider NYSE Euronext is set to launch a new market model for warrants and certificates, dubbed Spring, on Jan. 19, 2009, say officials.
BT Casts Ultra Net in Chicago
BT Global Financial Services is preparing to roll out an iteration of its Radianz Ultra Access network for the Chicago market that will provide ultra-low-latency connectivity between trading firms and exchange venues in the Chicago area, officials tell…
Nedbank Cap Taps Aleri for Liquidity Data Analysis
South African investment bank Nedbank Capital is planning to implement Chicago-based complex event processing software vendor Aleri's Liquidity Management System next year, to consolidate data on cash flows and liquidity positions within the bank.
StatPro Integrates GFI FX Data
London-based analytics and data provider StatPro has signed a deal with interdealer broker GFI Group to use the broker's foreign exchange options data as an input to its pricing and risk management products, officials say.
FISD Weighs on Exchange Fees for 'Internal' Data Use
Industry association FISD's Business Issues Policy and Practices Standards (BIPPS) working group has issued a best-practice recommendation addressing fees charged for use of market data outside of core, trading-related purposes.
NextView Preps Japanese Terminals, Scanner Tool
Singapore-based data vendor NextView plans to launch a new data terminal product in the first quarter of next year, aimed at commodities traders in Japan, officials tell Inside Market Data .
SpryWare Debuts Quote Mitigation
Chicago-based ticker plant and low-latency data provider SpryWare will this week unveil a new component of its Market Information Server ticker plant, dubbed Quote Mitigation Technology, that enables clients to populate display applications with data…
Tenfore Upgrades Technology for Volume Growth
UK-based data vendor Tenfore Systems is upgrading its underlying technology platform to enable its TDX consolidated feed infrastructure to handle spiralling data volumes without needing to conflate any of the quote and trade data carried via the feed.
BATS Seeks Distributors in Europe
US ECN-turned exchange BATS Trading has successfully launched its European multilateral trading facility BATS Europe, and is in the process of making its data more widely available to potential customers in Europe, officials say.
LSE Folds Level 1 Plus Into Top-of-Book Feed
The London Stock Exchange is to merge the standalone version of its Level 1 Plus mid-tier datafeed early next year with its regular Level 1 datafeed, enhancing the content delivered to Level 1 subscribers by consolidating data and analytics that had…