News
SunGard Readies Real-Time Valuations
SunGard's Reech business will later this year introduce an on-demand service for nearly instantaneous valuations of derivatives and structured products within its Reech FastVal online pricing service, officials tell Inside Market Data .
TMX Melds TSX, Montreal Data Teams
TMX, the Canadian exchange group formed by the merger of the Toronto and Montreal exchanges on May 1, has appointed a number of staff to new roles following the merger of the two exchanges' market data groups.
Fortunato to Build Data Biz at BondDesk
Former Tradeweb director of market data Ben Fortunato, who recently joined bond trading platform BondDesk as managing director and chief operating officer of the broker's TIPS and TechHackers calculation and trading software subsidiaries, says his remit…
Nasdaq Preps New PHLX Data Products
Nasdaq OMX is planning to develop a range of new data products for release early next year that will provide options market data from newly acquired subsidiary the Philadelphia Stock Exchange, officials announced last week.
JSDA Readies New OTC Reporting Platform
TOKYO-In October, Japanese brokerages must report over-the-counter (OTC) trades within five minutes of execution rather than at the end of the day to a new reporting platform that will replace the current system run by the Jasdaq Securities Exchange,…
Adaptivity Redesigns Bank IT Platform
CHARLOTTE, N.C.-A top-tier capital markets firm has called in IT strategy and consultancy Adaptivity to aid the firm in the redesign of its technology platform, DWT has learned.
Fragmentation Spurs Algo Re-Think
LEXINGTON, Mass.-The proliferation of trading venues is making firms adapt algorithmic trading strategies by taking a more entrepreneurial approach in their development, according to an industry insider.
Amman Exchange to Debut New System
AMMAN-The Amman Stock Exchange (ASE) is in the final testing phase of its new electronic trading platform, the Nouveau Système de Cotation (NSC) V900 from NYSE Euronext.
SmartPool Set for September Launch
LONDON-NYSE Euronext, along with BNP Paribas and HSBC, plans to debut SmartPool, a pan-European electronic block trading platform, at the end of September, say officials.
Greenline Upgrades CertiFIX
CHICAGO-Users of FIX certification platform CertiFIX from Greenline Financial Technologies will be able exploit new features that blend automation and the manual on-boarding of connections with version 2.7, which is due out in September, say vendor…
Micex Considers Domestic Data Fees
The Moscow Interbank Currency Exchange (Micex) is considering a change to its market data policy that would introduce new charges for domestic consumers of the exchange's real-time data, officials say.
Philadelphia Exchange to Adopt Inet
NEW YORK-As the next step in the integration of the Philadelphia Stock Exchange (PHLX) into its IT infrastructure, exchange operator Nasdaq OMX is in the process of moving the options business onto its Inet platform, according to exchange officials.
Dow Jones Integrates Content, More Triggers
Dow Jones' Enterprise Media Group is planning to expand the range of content sources integrated with its Business and Relationship Intelligence technology, and to develop new types of event-based triggers for specific types of alerts and user types.
Corvil Chases Inter-Party Latency Platform
DUBLIN-Networking and latency management tools vendor Corvil is currently in discussions with various investment banks and exchange partners to set up an inter-party latency management offering, DWT has learned.
Burgundy to Name Tech Providers
STOCKHOLM-The consortium behind Nordic multilateral trading facility (MTF) Burgundy is in final negotiations with two technology providers and should announce its choice in the next month, officials tell DWT .
Interactive Data Adds Emerging Markets
Interactive Data is broadening the coverage of its PlusFeed consolidated datafeed with data from exchanges in Eastern Europe, the Middle East and Asia, as well as data from new trading venues in developed markets.
FIX Flyer Buys Tepin
NEW YORK-FIX Flyer, a provider of hosted platforms for the FIX messaging protocol, has announced today, Aug. 18, its acquisition of Boston-based Tepin Information, a provider of institutional trade testing and FIX certification.
EPFR Expands Middle East, Africa Funds Data
Fund flows data provider EPFR Global has recently expanded its coverage of the Middle East and North Africa (MENA), to enable users to more accurately monitor flows of money into and out of the region.
StreamBase Takes Plunge Into Dark Pools
Complex event processing technology vendor StreamBase is targeting a new client base in the form of dark pool trading venues, to help their founders address complex datafeed integration and trading strategy development needs, officials say.