News
GigaSpaces Updates XAP
NEW YORK-In an effort to bring access to high-performance application servers to a broader market, grid computing vendor GigaSpaces Technologies has released the latest version of its eXtreme Application Platform (XAP).
Aleri Preps Risk Module for LMS
CHICAGO-Complex event processing (CEP) technologies vendor Aleri is currently developing a module for its Liquidity Management System (LMS) that will allow financial firms to measure and manage liquidity risk in real time, officials say.
Wiener Börse Gears Up for Engine Revamp
VIENNA-Officials from the Wiener Börse expect to take version 9.1 of the Xetra trading platform into production Nov. 24, according to a bourse spokesperson.
Achieving Best Execution: The Quick and the Dead
If there is one universal desire shared both by the buy side and sell side, it is to achieve best execution with their trades. As keynote speaker at the inaugural Best Execution conference, hosted by DWT and sibling publication Buy-Side Technology , last…
Complex Structures Fuel Cross Asset Drive
LONDON-Demand for trading multiple instruments from a single desktop from the buy and sell side has grown consistently over the past few years due to multiple drivers, a number of industry participants recently conclude.
OMS Vendors Tackle Multi-Asset Risk
LONDON-To address the growing trend among financial institutions of broadening the asset classes and geographies in which they trade, trading platform vendors are enhancing their multi-asset pre-trade analytics, say vendor officials.
Burgundy Jumps On TradExpress
STOCKHOLM-The consortium behind Nordic multilateral trading facility (MTF) Burgundy has selected the TradExpress trading engine from Swedish exchange technology vendor Cinnober, according to MTF officials.
Fidessa Expands Pre-Trade Analytics
NEW YORK-Order management system (OMS) and connectivity provider Fidessa has launched a number of custom and industry-standard pre-trade analytics for basket traders in the U.S. today, Sept. 29, vendor officials tell DWT .
Microsoft Debuts HPC Server
NEW YORK-To help traders' and analysts' compute problems that have grown beyond the capability of desktop systems, Microsoft recently debuted its new high-performance computing (HPC) platform, Windows HPC Server 2008.
Euro MTFs Ally for Consolidated Data
Several European market operators have formed a working group that aims to provide a consolidated, pan-European data service, aggregating both real-time quotes from visible order books, and time and sales data from visible and dark liquidity pools.
NYSE Euronext Preps Euro SFTI, Superfeed
NYSE Euronext is expanding its SFTI (Secure Financial Transaction Infrastructure) network in Europe, with the goal of offering the same functionality provided by its US equivalent, which connects all key market operators via a high-bandwidth backbone…
BATS Europe Enlists Fixnetix for Data
Multilateral trading facility BATS Europe has selected UK-based low-latency data provider Fixnetix to provide pan-European equities market data from European exchanges and other MTFs to support its plans for trading in the region.
Tibco Adds to CEP Engine
Tibco will this week unveil version 3.0 of its BusinessEvents complex event processing engine, which adds new features designed to make the product more accessible to non-technical business users, and to provide consistent access to data for users…
Thomson Reuters Preps DACS Improvements
Thomson Reuters is preparing to roll out a revamped version of its DACS (Data Access Control System) entitlement management software by the end of September, featuring a Web interface, improved reporting and control functions, and vendor integration.
NYSE Arca Fee Debate Continues
Three more letters were sent to the Securities and Exchange Commission last week, adding more fuel to the ongoing debate about fees being introduced by NYSE Euronext for real-time data from its NYSE Arca trading platform.
Xasax Expands Exegy Install
Naples, Fla-based data, software and proximity hosting provider Xasax is in the process of implementing a series of hardware-accelerated ticker plants from St Louis, MO-based Exegy, as part of a rollout of new hosting datacenters onto the vendor's…
FISD Details 'Fee-Free' Data, Preps Standards
Industry association FISD has posted the results of a survey of exchanges' policies around fees for data use in non-trading applications on its Web site, and is preparing a best practices document to promote an industry-wide standard around charging for…
S&P Compustat Opens Up Xpressfeed, Assists Integration
Standard & Poor's Compustat division has created a data-loading platform for firms to integrate data from the vendor's Xpressfeed fundamental and market data service into their proprietary analytics platforms, and has set up a specialist team to provide…
Sibos: MTFs Making Material Progress
VIENNA-European multi-lateral trading facilities (MTFs) are making good progress in challenging the traditional market structure for equity trading in Europe, according to representatives of MTFs Chi-X and Turquoise, as well as NYSE Euronext, Morgan…
Commodities Challenge
As the fall out in the credit markets continues to reverberate through the financial markets, Joel Clark, reporter for sibling publication Waters , speaks with Triple Point Technology's chief marketing officer Michael Schwartz about the challenge and…