News
Raiffeisen CM Deploys CMA Pricing
Austrian fund manager Raiffeisen Capital Management is planning to integrate end-of-day credit default swap pricing from credit and derivatives data provider Credit Market Analysis into its front-office trading platform, and has already started to use…
S&P, SuperD Integrate Valuations Datafeeds
Standard & Poor's and derivatives data and risk management software vendor SuperDerivatives plan to develop a datafeed that will combine information from the two companies' valuation offerings, following an alliance between the two announced last week,…
Kx Retires 32-bit Kdb+ Software
Tick database and complex event processing software vendor Kx Systems is retiring support for a 32-bit version of its Kdb+ tick database in response to rising market data volumes that are forcing clients to migrate to 64-bit technologies with greater in…
FPL Eyes Exotic Options in SP2
NEW YORK-Exotic options traders can expect to see a little added connectivity support as FIX Protocol Ltd. (FPL) plans to release its second service pack for FIX 5.0 in early 2009, officials tell DWT .
LSE to Double TradElect Capacity
LONDON-The London Stock Exchange (LSE) is set to double the messaging capacity of its TradElect platform to 10,000 messages per second by September and to 20,000 messages per second in October, say exchange officials.
ITG Aims for a Global Triton
NEW YORK-Agency brokerage and crossing network provider Investment Technology Group (ITG) plans to deliver a global version of its Triton execution management system (EMS) sometime in the second half of this year, DWT has learned.
IDX Preps for X-stream Launch
JAKARTA-The Indonesia Stock Exchange (IDX) is set to have a new X-stream multi-product trading system from exchange operator and technology provider Nasdaq OMX in production by Dec. 1, IDX officials tell DWT .
Sales Traders Here to Stay
NEW YORK & LONDON-Although the use of sales traders across European markets will continue to decline, the belief that the European sales trader is no longer in wide use is unfounded, according to recently published Tabb Group research.
GT Software to Launch Ivory Update
ATLANTA-Service-oriented architecture (SOA) software developer GT Software plans to release version 4.0 of its SOA development environment for mainframes, Ivory Service Architect, later this week.
SocGen Debuts European SOR
LONDON-Société Générale Corporate & Investment Banking (SocGen CIB) has gone live with order management system (OMS) and market data provider Fidessa's smart order routing technology in Europe, officials announced today, June 23.
NYSE Euronext Set for Specialist Change
NEW YORK-In preparation for a potential rule change by the U.S. Securities and Exchange Commission (SEC) that will transform New York Stock Exchange (NYSE) floor specialists into designated market-makers (DMMs), NYSE plans to roll out a new trading…
BT Readies 'Shared' Ultra-Proximity Data
BT Global Financial Services is preparing to launch a new addition to its Radianz suite of network and hosting services, dubbed Radianz Ultra Shared, that combines elements of the vendor's existing low-latency exchange connectivity and proximity hosting…
Boston Options Exchange Readies Blackbox Changes
NEW YORK-Operators of the Boston Options Exchange (BOX) plan to entice more black-box and algorithmic traders to the options exchange by increasing its trade messaging performance three- to four-fold by December, say exchange officials.
Thomson Reuters Preps Newswire Layoffs
Thomson Reuters' newswire division last week initiated a voluntary redundancy scheme as part of plans to shed around 70 London-based editorial staff, eliciting criticism from the journalists' union over the vendor's "failure to provide the full business…
Blocks Opens Platform to Client Data
Durham, NC-based stock market analysis software vendor Worden Brothers plans to open up its Blocks visualization tool later this year, to enable clients to incorporate their own proprietary or internal datasets into Blocks' analytics, officials tell…
Efficiency Reaps Rewards for BarCap
By implementing a new operating model for the firm's global IT organization, Barclays Capital (BarCap) saved $60 million in expenses through 2007. Waters reporter Emily Fraser sits down with Richard Greenbaum, managing director, head of global IT…
Augustus Adds CMA Data to Risk System
Augustus Asset Managers has integrated end-of-day credit default swap data from credit and derivatives pricing vendor Credit Market Analysis into its Derivation risk management system, officials say.
BATS Launches BBO-Only Feed
Kansas City, Mo-based ECN BATS Trading will roll out a new datafeed today, Monday, June 16, to provide top-of-book data for firms that do not need access to the ECN's full market depth, officials say.
Equinix Bolsters Slough Datacenter Community
Hosting service provider Equinix is building up a community of banks, market operators and service providers in its newly renovated Slough datacenter, which it acquired in 2007, officials tell Inside Market Data .
Logicscope Hires Barber as CEO
UK-based data technology vendor Logicscope has appointed John Barber as chief executive, replacing founder and former CEO Nick Dyne , who becomes head of business development. In his new role, Barber will oversee around 25 staff in the vendor's London…
Taiwan Stock Exchange Plans FAST Data
The Taiwan Stock Exchange is planning to adopt the bandwidth-reducing FAST (FIX Adapted for Streaming data) protocol next year, in a move designed to help serve global trading participants via an international standard, officials say.