News
PI's Navigator Helps Analysts Map Financial Data
UK-based data vendor Perfect Information will this week unveil a new product, dubbed PI Navigator, to help corporate finance executives prepare company valuation reports more quickly by eliminating manually intensive processes, officials say.
CMA Adds Content to DataVision, Updates Models
UK-based credit and derivatives data specialist Credit Market Analysis (CMA) will this week release version 2.1 of its DataVision end-of-day data service, incorporating a range of new content and capabilities, officials tell Inside Market Data .
HP Debuts Datacenter POD
NEW YORK-Joining the flock of its hardware and services competitors, Hewlett-Packard (HP) has released its datacenter-in-a-container product.
Analyst: SOR Still Gathering Traction
NEW YORK-Smart order routing has not become "super critical" in the European markets yet, but it will be critical in the future, according to an industry observer.
Survey: Cloud Becomes Reality for Banks
LONDON-Most large investment banks have implemented or are in the process of adopting cloud computing, according to an industry observer.
Risk Management Hampers International DMA
WASHINGTON, D.C.-Pre-trade risk analysis and management concerns about international direct market access (DMA) fall partially on the traders, according to members of the U.S. Commodity Futures Trading Commission (CFTC).
Swift Vies for Wider SwiftNet
NEW YORK-Banking cooperative Swift is working to make connectivity more efficient for its users by striking relationships with other industry bodies in order to access products and services from the other firms via the SwiftNet infrastructure, say…
Glitch Delays JSE Open
JOHANNESBURG-A networking issue forced South African stock exchange JSE Limited to delay the opening of its equities market Monday, July 14 by approximately six hours. Trading resumed at 3:10 p.m. local time with trading hours extended to 7 p.m., say…
Thomson Reuters Unveils Product Plans
Thomson Reuters will standardize on two desktop platforms-Thomson One and a new Thomson Reuters platform-but will no longer pursue new sales for its Thomson datafeeds and Thomson Financial News, and will migrate existing clients to services from the…
HighStep Adds Connotate Data to Models
Mamaroneck, NY-based start-up hedge fund HighStep Capital is incorporating market trends-identified from fundamental data sourced from the Internet using a series of software "agents" from New Brunswick, NJ-based vendor Connotate-into the firm's…
Savvis Offers ISE Depth Feed
Network and hosting provider Savvis will provide connectivity to the International Securities Exchange's market depth datafeed at the end of July, in response to client demand for more low-latency access to options exchanges, officials say.
Applications: New Latency Culprits
LONDON-Investment banks wanting to wring the last milliseconds of latency out of their trade processes need to look to optimize their application software stack rather than their networks, according to new research recently published by networking…
TT Eyes Additional Hub in Asia
NEW YORK-Futures trading platform and exchange connectivity provider Trading Technologies International (TT) is looking to open its seventh global hub in Hong Kong, vendor officials tell DWT .
RTS Readies New FIX Gateway
MOSCOW-The Russian Trading System Stock Exchange (RTS) plans to implement a FIX gateway, which uses version 4.4 of the messaging protocol, and have it in production by the end of August, DWT has learned.
Smart Trade Goes Dark
NEW YORK-In a defensive move, cross-asset liquidity management system (LMS) provider Smart Trade Technologies will soon have a dark pool as an option for its European customers when routing orders, DWT has learned.
Think Trade Preps PrismTech Platform
Encinitas, CA-based proprietary trading firm Think Trade will later this year roll out the OpenSplice DDS (Data Distribution Service) platform from Burlington, MA-based middleware provider PrismTech, to manage data latency within the firm's automated…
Vendors Bolster Private Company Data
Two UK-based information vendors have recently released products and services to provide investment professionals with access to fundamental data and performance statistics on privately held companies.
FISD Certification Plans Gain Industry Support
Data industry professionals have backed plans by industry association FISD to introduce a certification program for market and reference data job functions and skills, though some respondents have raised questions about the proposed certification…