News
New Members, New Access
The importance of various global markets wax and wane in response to the credit market crunch, and access to the Swift network has never been more important for financial institutions and corporations. DWT editor Rob Daly speaks with David Pryce, deputy…
LSE Outage Prompts Calls for European Consolidated Tape of Exchange Data
Some market participants and observers are calling for the creation of a US-style consolidated tape of exchange data for trading venues in Europe, following a trading outage at the London Stock Exchange that also hit trading volumes on other markets…
Acquire Media Combines Newswire Apps
Roseland, NJ-based Acquire Media is rolling out a revamped version of its newswire product that combines its own NewsTrade feed and the NewsEdge Live news service acquired last year from Thomson Corporation ( IMD , July 2, 2007), bundled together under…
SIX Telekurs Launches CEO Hunt
SIX Telekurs, the market data vendor subsidiary of newly rebranded SIX (Swiss Infrastructure and Exchange) Group, is seeking a new chief executive, after announcing last week that current CEO Marc Carletti plans to leave the vendor after just over 18…
Proquote Creates Pan-Europe Book Display
The London Stock Exchange's data vendor subsidiary Proquote will this week release an update to its Proquote International market data terminal that contains datafeeds from other European trading venues to create a pan-European consolidated order book,…
RTI Builds NY Presence with New Hires, Moves
Sunnyvale, Calif-based low-latency messaging middleware provider RTI is opening a New York office to support existing financial clients and new business sales in the city, officials tell Inside Market Data .
NYSE Arca Wins SEC Approval for Pilot Fees
The US Securities and Exchange Commission (SEC) has granted accelerated approval to the New York Stock Exchange (NYSE) to launch a pilot service this week, dubbed NYSE Arca Real-Time Reference Prices, which will make real-time last sale prices for…
Aleri Shuffles Execs for Regional Focus
Complex event processing (CEP) technology vendor Aleri has reshuffled its senior management team, in a move designed to provide a more regionally focused operational structure, Inside Market Data has learned.
LSE Adds FTSE to Infolect; Launches Hosting Service
The London Stock Exchange (LSE) has added real-time valuations data from index provider FTSE to its Infolect data distribution architecture, and also announced a new service last week, dubbed Exchange Hosting, which offers co-location services to its…
IBM Updates LLM; Preps Infodyne Integration
IBM has released a new version of its MQ Low Latency Messaging (LLM) platform, incorporating a range of features to improve the speed, throughput and reliability of the message bus.
Citihub Outlines Latency Reduction Strategy
Financial technology consultancy Citihub has published a whitepaper that offers a framework for investment firms to address the latency of their market data and trading systems architectures.
JWG-IT: New Venues Prompt European Data War
The importance of managing market data has never been greater for European trading firms, according to a research note entitled, "Winning the RegTech Data War," recently published by industry think-tank JWG-IT.
Latency in Mind, LSE Debuts Hosting Service
LONDON-The London Stock Exchange (LSE) launched an exchange hosting service last week to tackle latency.
Report: Algos Face Uphill Battle in FX Landscape
BOSTON-Although the foreign exchange (FX) market has adapted to electronic trading, the industry might not see a proliferation of broker-provided execution algorithms in the short to medium term, according to an impact note from research firm Aite Group.
Deutsche Börse Targets Algo Trading
FRANKFURT-Deutsche Börse expects to attract more cash market algorithm-based trading to its Xetra platform with a series of technology improvements set to be implemented in the rest of this year and in 2009, according to officials.
Thomson Reuters Readies Derivatives Platform
Thomson Reuters has launched an international securitized derivatives data and trading platform, building upon a German-focused product that was launched earlier this year using technology from Frankfurt-based data technology vendor Financial.com.
Nasdaq OMX Europe Teams with Citi
LONDON-Pan-European multilateral trading facility (MTF) Nasdaq OMX Europe, scheduled to go live Sept. 26, has partnered with Citi to provide broker routing services.
Nasdaq OMX Merges Data Licenses, Index Products
Nasdaq OMX has consolidated the subscription agreements for data products from all of its markets into a single document, dubbed the Nasdaq OMX Global Data Agreement, and now plans to consolidate all of its global index data into a single product.
Tradient Preps API Data Access
Tradient Technologies, the trading systems and data arm of Chicago-based trading firm Terra Nova Financial, is planning to offer application programming interface (API) access to the data in its trader workstation products, for firms to integrate into…
Turquoise Suffers Connectivity Glitch
LONDON-Newly launched multilateral trading facility (MTF) Turquoise experienced a service interruption Monday, Sept. 1, after a failure in one of its firewalls triggered automatic failover capabilities, redirecting trading firms to its secondary firewall.