News
EPFR Develops Web Portal For Fund Flows Data
EPFR Global, a Cambridge, MA-based provider of fund flows and asset allocations data, has begun testing a new, Web-based interface with a handful of early-adopter clients, that will give users easy access to the vendor's data without the need to deploy a…
Julius Preps Credit Derivative Analysis Tool
Julius Finance, a New York-based provider of data and software for credit derivative modeling, is developing a new data product to help clients evaluate default risk in portfolios of credit default swaps, and to value collateralized debt obligations.
Xenomorph Readies Data Admin Tool
UK-based data management technology vendor Xenomorph has released a new module as part of its TimeScape database to help trading firms minimize data spend by eliminating instances where a single set of data is paid for more than once.
Olsen Opens FX Tick Database
Olsen Financial Technologies, a Swiss provider of historical foreign exchange tick data, has begun offering unlimited access to its database of FX tick data back to 1986 and equity index futures dating back to the mid-1990s for an all-you-can-eat annual…
Fixnetix Targets European MTFs
UK-based low-latency market data and connectivity provider Fixnetix will provide connectivity to all new European multilateral trading facilities (MTFs) scheduled to launch this fall, officials say.
CME Group Preps Brazilian Link
CHICAGO-CME Group, operator of the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT), is on track with its strategic technology partnership with Brazilian Mercantile and Futures (BM&F), according to exchange officials.
Aqua Eyes Europe
NEW YORK-Alternative trading system (ATS) Aqua is in the process of creating a U.K. entity to broaden its reach to the European markets and to develop a multilateral trading facility (MTF), according to the ATS' leadership.
Wall Street Aces 'Delayed Opening' Test
NEW YORK-In the event of a local or small-scale disaster resulting in a delayed opening, Wall Street firms would be able to respond quickly, according to the results of a recent post-business continuity test survey. Nearly two-thirds of those who…
Appro to Upgrade Cluster Engine
MILPITAS, CALIF.-Enterprise server maker Appro will roll out the second version of its cluster management offering in the latter half of this year, vendor officials tell DWT.
TSE Update Halts Trading
TOKYO-Due to a malfunction in the Tokyo Stock Exchange's (TSE's) derivatives trading platform, traders were unable to execute order for half the day on July 22.
NYSE Euronext Takes TradeEngine to Floor
NEW YORK-Exchange operator and technology provider NYSE Euronext has signed a partnership agreement with quantitative financial software provider Pragma Financial Systems to provide New York Stock Exchange (NYSE) floor traders with a suite of trading…
Traders: TSE Ignored Data Outage Warnings
The Tokyo Stock Exchange was forced to suspend trading for half a day last Tuesday, July 22, after being unable to disseminate prices to participants on its derivatives market as a result of a glitch in its derivatives trading system, despite being…
Knight Readies New London Floor
LONDON-In an effort to grow its European operations, broker-dealer Knight Capital Group is in the process of building out a new trading floor in London, DWT has learned.
Thomson Reuters to Consolidate Networks
Thomson Reuters is planning to merge its five combined data delivery networks over the next five years, to produce a single data infrastructure based on the Reuters Integrated Data Network (IDN), officials tell Inside Market Data .
Thomson Reuters to Keep Desktop Lines
NEW YORK-Trading systems and market data provider Thomson Reuters plans to maintain support for its Thomson One and 3000 Xtra trading desktops for the foreseeable future, say officials, commenting on the vendor's product integration roadmap.
LSE Shuffles Data Pack as Young Departs
The London Stock Exchange last week announced a new structure for parts of its Information Services division, including the appointment of Bruno Siracusano as head of business development.
Charting Fragmented Liquidity
As European trading venues continue to proliferate as a result of the Markets in Financial Instruments Directive (Mifid), investment banks are finding new challenges in keeping up with the changing landscape.
Thomson Reuters Releases Windows Mobile Application
Thomson Reuters will this week release a new mobile data service, Reuters Wireless Delivery Service, that will allow clients of its RMDS (Reuters Market Data System) data distribution backbone to stream real-time data to mobile devices running the…
NYSE, 1010data Prep Global TAQ Database
NYSE Euronext is building a global repository of historical quote and trade data, using technology from vendor 1010data, to allow the exchange to more easily distribute historical data to clients worldwide.
Associations Challenge SEC's Arca Data Fee Approval
Industry groups have expressed opposition to a proposal last month by the Securities and Exchange Commission to approve the introduction of market data fees by NYSE Arca, rejecting the SEC's argument that the fees are reasonable because the exchange…
Thomson Reuters Cuts Jobs, Plans Hires
Thomson Reuters has achieved targeted job cuts to its London newswire operations via a voluntary redundancy scheme that was initiated last month, and is now looking to bolster its combined news operations, according to an internal memo obtained by Inside…