News
FolioDynamix acquires SunGard investment unit
FolioDynamix, a New York-based unified managed account (UMA) technology developer, has bought SunGard's SunGard Advisory Technologies (SAT) business unit. SAT develops investment and wealth management technology platforms, and has a client base of…
GTA Rolls Out Pan-Asia Data Desktop
Shenzhen-based market data vendor GTA Data last week launched a new data desktop display providing real-time equity and index market data, focused on the China, Hong Kong, Taiwan, Japan and Korea markets.
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.