News
ZepInvest Preps Commentary Portal
Online financial content aggregator ZepInvest will this week unveil a Web portal that provides access to premium, subscription-based financial news and commentary in one place for a fraction of the cost of subscribing to all the sources separately.
Infront Adds to Order Book Consolidator, Mulls Datafeed
Norwegian market data and news provider Infront is upgrading its Online Trader terminal's consolidated order book display of securities traded on multiple venues, and is considering whether to develop a consolidated datafeed for clients to use in…
NYSE to ‘Align' Amex, Arca Feeds
The New York Stock Exchange will this week migrate the American Stock Exchange's depth-of-book feed to the same datafeed format as NYSE's OpenBook product, following the migration of Amex-listed equities trading onto the NYSE floor this Monday, Dec. 1,…
IMA Calls for EC Action; Vendors Disagree
Research released last week by the UK's Investment Management Association has called for the European Commission to introduce a consolidated tape of European equity data that "is rigorously vetted for the accuracy and the integrity of data."
Agora-X Set to Debut Platform
KANSAS CITY, MO.-In a matter of weeks, Agora-X expects to launch the first phase of its electronic over-the-counter (OTC) commodities options trading platform, officials tell DWT .The first part of the trading platform will be an ECN, "which will allow…
RTS Rolls Out Global Upgrades
NEW YORK-Dramatic growth in trading and market data messaging is driving exchange gateway provider RTS Realtime Systems Group to upgrade a bevy of exchange interfaces, which should be accomplished in the next three months, DWT has learned.
Splicing Succes
Merging two firms is never easy, especially in today's less-than-optimal financial environment. DWT reporter Oksana Poltavets sits down with Cynthia Zeltwanger, global COO of Newedge, to discuss the integration of Société Générale's Fimat Group and…
CSV Gains Risk Value Patent
Ridgefield, Conn-based pricing and valuations provider CSV (Complex Security Valuations) was granted a patent last month by the US Patent and Trademark Office, protecting one of CSV's equations for calculating and displaying risk values.
BvDEP Preps Fresh Mint Display, Adds Data
Belgian data provider Bureau van Dijk Electronic Publishing (BvDEP) has developed a new front-end interface to its Fame UK data product, in the latest enhancement to the vendor's product lineup, which also includes recent additions to its content,…
Interactive Data Bolsters Japan Biz with NDF Buy
Interactive Data plans to use its acquisition of a majority stake in Japanese data vendor NTT Data Financial Corp. (NDF) from NTT Data to expand sales of its real-time datafeeds into the Japanese market, in addition to the pricing, evaluation and…
Apama Readies Hosted CEP for BIT Co-lo
Complex event processing vendor Progress Apama has built an adapter for the data format of Borsa Italiana's technology subsidiary BIT Systems, to enable Italian trading firms to use the vendor's CEP software in conjunction with datafeeds from the…
Chi-X Snaps Up Cicada to Boost Platform Sales
Instinet's equity multilateral trading facility Chi-X last week announced a deal to buy data technology vendor Cicada, to create a business that will provide trade matching, data distribution and other technologies to exchanges and trading venues…
Fixnetix Aims to Add 4thStory to Client Latency Toolkit
Low-latency datafeed technology provider Fixnetix is in negotiations with San Francisco-based algorithmic trading systems vendor 4thStory to make its latency monitoring technology available to Fixnetix's datafeed clients, officials say.
BST Preps Business Intelligence Unit
New York-based data consultancy BST America is setting up a business intelligence practice to provide oversight and management of broker-dealers' outsourced research operations, to increase the productivity and cost effectiveness of offshore centers.
Orc Eyes 'Fourth-Generation' FIX Engine
NEW YORK-Trading technology and connectivity provider Orc Software has released the latest version of CameronFIX in a step toward what vendor officials have dubbed a "fourth-generation" FIX engine, according to vendor officials.
FIX Sets Groundwork for Cross-Asset Trading
NEW YORK-The adoption of the FIX protocol is enabling the growth of cross-asset trading in the marketplace, industry insiders say.
Experts: Thinning Liquidity Drives FX Algo Adoption
LONDON-There will be greater internalization of flow as banks search for foreign exchange (FX) liquidity, according to a number of industry participants.
FX Spending On the Rise
LONDON-Half of foreign exchange (FX) dealers plan to spend more on technology next year than they did this year, according to a recent poll of bank delegates who attended the FX Week Europe 2008 Congress in London last week.
UBS Cuts Hardware Spend, Moves to Virtualization
NEW YORK—Like many financial firms these days, Swiss banking giant UBS plans to decrease its hardware-related spending in the coming year, according to senior technologists at the bank. UBS has already seen an 80 percent decline in spending on desktops…