News
StanChart Deploys FX Aggregator
SINGAPORE-Standard Chartered (StanChart) has gone live with a liquidity aggregator developed by Progress Apama for its FX electronic pricing and trading division in Singapore, bank officials tell DWT.
Paineiras Readies Xeno Tick Algo Data
Brazilian hedge fund Paineiras Investimentos is in the process of building statistical quantitative trading strategies into a deployment of Xenomorph's TimeScape data management and analysis platform, before using the system to deploy a broader range of…
Plus Adds Euro Stocks, Targets Latency
UK-based stock exchange Plus Markets Group is set to expand its market data feed with a range of new content next year, including the addition of full coverage of pan-European stocks onto its traditional quote-driven market, and a new board that provides…
InfoReach Goes High-Frequency
NEW YORK-Traders using the execution management system (EMS) from electronic trading technology vendor InfoReach now have the ability to create high-frequency trading strategies on the same system.
Fixnetix Selects Corvil To Monitor Latency
LONDON-U.K.-based low-latency trading connectivity and market data-distribution vendor Fixnetix is deploying CorvilNet from networking and latency management tools vendor Corvil, to monitor latency and demonstrate record performance speed to its…
Thomson Reuters Adds Icap Tick History
Interdealer broker Icap is making historical tick data for foreign exchange, fixed-income and interest rate products available through Thomson Reuters, in a bid to broaden its client base for the data among algorithmic trading, valuation and compliance…
Thomson Reuters Frees Up One Integration
Thomson Reuters is to waive the fees it charges for integrating proprietary and third-party content and capabilities into its Thomson One suite, enabling clients to create customized advisor workstations from Thomson One Wealth Management at lower cost…
Citi Preps European Cross
NEW YORK-Investment banking giant Citi plans to roll out its Citi Match crossing network in Europe early next year, DWT has learned.
TheMarkets Rolls Out 'In Brief' Email Alerts
Bank consortium research platform TheMarkets.com will this week unveil a new service that distributes snapshots of research and analyst changes to its buy-side broker research clients via email.
After Shanghai Alliance, HKEx Eyes Shenzen Data Deal
Hong Kong Exchanges and Clearing is negotiating a deal with the Shenzen Stock Exchange in mainland China that would see the exchanges distribute each other's market data for free, similar to a deal announced last week between HKEx and the Shanghai Stock…
YouDevise Hires for Asia Growth
Trade ideas distribution utility YouDevise has added another staff member to its recently opened Hong Kong office, in response to rising volumes of trade ideas over its Trade Idea Monitor system from broker-dealers in Asia Pacific as global investors…
'Issuer-Pays' Rating Model Draws Fire
Rating Agencies came under fire last week as former senior executives from Moody's and Standard & Poor's gave testimony to the US House of Representatives suggesting that potential conflicts of interest could have contributed to the sub-prime crisis.
Quant House Adds Feeds; Opens Network
French low-latency market data and trading technology vendor Quant House has added support for a range of European equity and derivatives market data feeds.
Savvis Expands European Proximity Service
Network and hosting facilities provider Savvis is building out its proximity service in Europe with the addition of a managed hosting and low-latency connectivity service to provide investment firms with access to all European Multilateral Trading…
Q3 Turmoil Pushes Electronic Execution
NEW YORK-Many banks have been piling up record losses over the tumultuous third quarter, but it has been a boom for their electronic execution businesses across the spectrum.
MTF Growth Expected to Be Short-Lived
LONDON-Multilateral trading facilities (MTFs) continue to sprout up in Europe, but many industry participants expect that venue consolidation is just around the corner.
Enigmatec Spins Off Cloudsoft
EDINBURGH-Duncan Johnston-Watt, a founder and CTO of datacenter automation vendor Enigmatec, has launched a new startup that will focus on delivering enterprise-cloud services to the financial services industry.
Not Waiting Until the Thaw
As the credit freeze continues to affect the globe, some of the hardest-hit markets, such as the multi-asset class over-the-counter (OTC) markets, aren't waiting for credit to be loosened to expand their offerings. DWT reporter Oksana Poltavets sits down…
Savvis Expands Euro Proximity Service
LONDON-Network and hosting facilities provider Savvis is building out its proximity service in Europe with the addition of a managed hosting and low-latency connectivity service to provide investment firms with access to all European multilateral trading…
Misappropriated Spending Hampers BCP
NEW YORK-The money currently being spent on business continuity planning (BCP) and disaster recovery may be completely ineffective, according to an industry specialist.