News
Knight Unveils Data Capacity Projects
Knight Capital is in the midst of a series of technology upgrade programs designed to enable the broker to cope with ever-increasing volumes of market data, officials tell Inside Market Data .
Reliance Readies Euro MTF Access
Network provider Reliance Globalcom is preparing to provide access to market data from a swathe of European trading venues via its Yipes FinancialConnect network, officials say.
Winterflood Preps Fixnetix MTF Data
UK-based market maker Winterflood Securities is implementing data and connectivity services from low-latency data infrastructure provider Fixnetix, to support trading on three pan- European multilateral trading facilities, officials tell Inside Market…
Icap Expands i-Cross to Europe
LONDON-Interdealer broker Icap is in the process of expanding its low-latency connectivity service, i-Cross, to datacenter hosting provider Equinix's London-Slough Internet Business Exchange (IBX) datacenter, officials announced today, Oct. 6.
Marco Polo Delivers Trading Front Ends
NEW YORK-As part of an ongoing initiative to expand its footprint within the emerging markets, FIX-enabled trading network provider Marco Polo Network announced today, Oct. 6, that it will be bundling the IMTrader secure instant messaging and trade…
BNY ConvergEx Taps StreamBase CEP
NEW YORK-Agency brokerage BNY ConvergEx has rolled out complex event processing (CEP) software from Lexington, Mass.-based technology provider StreamBase to monitor trading and market data in its U.S. equities trading operations.
CME Outsources E-quotes Data App to CVS
CME Group has rolled out a new version of its Web-based E-quotes data display application and wireless add-on that incorporates data from acquisitions the Chicago Board of Trade and the New York Mercantile Exchange, and is completely built and hosted by…
Icap Enlists Equinix for European EBS Co-Lo
Icap has extended a deal with datacenter provider Equinix to give European clients access to low-latency data from Icap's EBS spot foreign exchange trading platform.
Tervela Launches Options 'Package'
Hardware-based messaging provider Tervela will this week unveil a version of its Tervela Message Network, specifically designed to address the needs of high-volume options market makers.
Fixnetix Connects to Nasdaq Europe
UK-based low-latency data provider Fixnetix has rounded out its European MTF data offering with connectivity to Nasdaq OMX's recently launched pan- European multilateral trading facility.
Capital IQ Expands Credit Content
Standard & Poor's subsidiary Capital IQ has released an upgrade to its Web-based data terminal that adds new content and capabilities, with a focus on the credit markets, officials say.
OptionMetrics Preps Historical Tick Analytics
Options analytics provider OptionMetrics is building an archive of historical options tick data in order to run specialist volatility analyses to enable quantitative analysts and traders to determine optimal trading and hedging strategies.
New Tech and Planning Deliver Lower Latency
LONDON-Financial firms are facing opposing forces in the latency battle, according to industry participants. Organizations are attempting to reduce costs but also to increase speed in a scenario where data volumes require more system capacity, they say.
Leadership Key for IT Hires
NEW YORK-As firms on Wall Street grapple with the current turmoil in the financial markets, they are looking to well-rounded IT professionals to help get them through it, according to industry experts.
Hybrid Demand Continues to Dominate Fixed Income
BOSTON-Despite the proliferation of electronic trading platforms in fixed income, the hybrid model is still the most sought-out approach, according to industry watchers.
Burgundy Preps Free Scandinavian Data
Burgundy, a pan-Nordic multilateral trading facility being set up by a consortium of 10 Scandinavian banks, will offer its market data free of charge when it begins trading in the second quarter of 2009, officials say.
RTS Embraces FIX FAST for New Datafeed
Russian exchange RTS plans to release a new vendor feed later this year that will utilize the FIX (Financial Information eXchange) protocol and FAST (FIX Adapted for Streaming data) compression standards to cut the technical cost of receiving its data.
NYSE Takes Over Amex Data, Staff
The New York Stock Exchange is in the process of integrating its market data team and data administration and billing functions with those of the American Stock Exchange, following the completion of NYSE's takeover of Amex last week.
BNY ConvergEx Taps StreamBase CEP
Agency brokerage BNY Convergex has rolled out complex event processing software from Lexington, Mass.-based technology provider StreamBase to monitor trading and market data in its US equities trading operations.