News
CMA Preps Asian Office for Local Support
CME Group subsidiary Credit Market Analysis plans to open up a regional office in Hong Kong by the end of this year to support growing interest in its credit data products in Asia.
TNS Finalizes India Connectivity
Network provider Transaction Network Services is close to expanding its connectivity options for firms seeking data from Indian exchanges, with the imminent addition of the National Stock Exchange of India and the Multi-Commodity Exchange of India (MCX)…
Bats Europe Gains FSA Approval
LONDON-Bats Trading, operator of the U.S.-based exchange Bats, has received authorization from the U.K. Financial Services Authority (FSA) to operate a multilateral trading facility (MTF) in Europe.
BOX Targets Blocks
BOSTON-Operators of the Boston Options Exchange (BOX) expect to offer their clients the ability to trade block orders by the beginning part of 2009, DWT has learned.
CNQ Loses Horizon
TORONTO-The Canadian Trading and Quotation System (CNQ), an exchange for the Canadian micro-cap stock market, was implementing a new trading system as DWT went to press on Oct. 17.
BNP to Take Over Fortis Data Admin
The recently announced break-up of the Fortis banking and insurance group between the Dutch government and BNP Paribas will result in a major reshuffle of data administration functions and marks the end of Fortis' group-wide market data competency center…
BarCap Selects Caplin for Fixed Income
LONDON-Barclays Capital (BarCap), the investment banking division of Barclays Bank, has selected Caplin Systems' Web-based trading application for BarCap's Fixed Income eCommerce offering, officials announced today, Oct. 20.
Dow Jones Postpones Global Dow as Index Providers Weigh Strategies
Dow Jones has delayed the launch of its planned Global Dow Index as a result of turbulent market conditions, officials tell Inside Market Data .
Icap Plans to Launch MTF
LONDON-Interdealer broker Icap is one step closer to achieving exchange status as it prepares to deploy a new multilateral trading facility (MTF), according to officials.
CNQ Migrates to New Feed Format, Delivery
Canadian stock exchange CNQ has revamped its datafeed offering and has begun distributing data direct to subscribers, as well as via the Toronto Stock Exchange, following the migration of its market onto a new trading platform.
Open Source Gains in Front Office
NEW YORK-In an effort to bring open source to the sell side, open-source order management system (OMS) developer Marketcetera is teaming with professional services firm dbConcert to create a services package for broker-dealers, officials tell DWT.
Turquoise Taps Corvil for Latency
DUBLIN-European multilateral trading facility (MTF) Turquoise has selected an offering from networking and latency management tools vendor Corvil to monitor latency within its London market center.
360T Adds Multi-Leg Swaps
FRANKFURT-Multi-dealer trading platform vendor, 360 Treasury Systems (360T) introduced multi-leg foreign exchange (FX) swap trading on its cross-product trading platform, 360T TEX, in response to client demand today, Oct. 13, according to vendor…
Fidessa Adds 'Global' US Ticker to Support New Trading Platform
UK-based trading technology and data provider Fidessa has set up a global ticker plant in North America to collect data from exchanges and markets carried by the vendor worldwide, to support its creation of a hosted US trading platform (USTP) for…
Turquoise Taps Corvil for Latency Management
Pan-European multilateral trading facility Turquoise plans to set up a pilot program to provide latency metrics to member trading firms using software from Dublin-based latency monitoring technology vendor Corvil.
YouDevise Speeds Up Trade Ideas
Trade ideas distribution utility YouDevise has rolled out changes to its technology in response to demand from sell-side and buy-side firms to be able to speed up distribution and capture of trade ideas, which is being driven by current market volatility…
NYSE Ramps Up Arca Bandwidth
NYSE Euronext last week almost doubled the bandwidth required by trading firms to receive the ArcaBook multicast feed of equities data from its NYSE Arca market in the face of rapidly rising data volumes, giving subscribers only a few hours' notice to…
Capital IQ Buys Reuters Research, Estimates Copies
Standard & Poor's subsidiary Capital IQ has launched a proprietary estimates service and plans to unveil access to proprietary aftermarket research by year-end, after acquiring copies of the Reuters Estimates and Reuters Research on Demand databases from…
Chi-X Preps Sponsored Hedge Fund Co-Lo
Instinet's pan-European multilateral trading facility Chi-X aims to have its first hedge fund clients trading via a new sponsored co-location service before the end of this year, officials tell Inside Market Data .