News
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…
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.