News
Reliance Preps Global Expansion
Ethernet provider Reliance Globalcom, a division of Indian telecoms vendor Reliance Communications, is preparing to roll out a range of new services and looking toward expanding globally, officials say.
StreamBase Relaunches NewsScope App
Complex event processing software vendor StreamBase Systems will later this summer release an update to its StreamBase Reuters Edition development framework for building applications using Reuters data, featuring a new adaptor that enables applications…
CodeStreet Claims Client Savings
Trading firms can make substantial savings on the costs of testing trading strategies against historical market data by using the Market Data Works suite of products from New York-based software provider CodeStreet, for creating repeatable market data…
Credit Crunch Drives HPC
NEW YORK-With the credit crunch tightening, the demand for high-performance computing (HPC) has been growing at a dramatic rate across the enterprise within the capital markets, say the authors of recent Microsoft-sponsored survey by Washington, D.C…
Low-Latency Investment Picks Up
LONDON-The low-latency game is attracting a broader range of players, including firms that are not typically speed-sensitive but that want to gain competitiveness, according to industry participants.
TSEC Preps for FIX Selection
TAIPEI-In plans to roll out a new FIX gateway during the first quarter of 2009, the Taiwan Stock Exchange (TSEC) has narrowed its choice to two potential providers, says exchange officials.
Open Source Cuts Hotspot FX Latency
JERSEY CITY, N.J.-Broker-dealer Knight Capital Group has reduced roundtrip times by two-thirds on its electronic foreign exchange (FX) venue Hotspot FX by switching to an open source FIX gateway, say ECN officials.
Sources: Reuters Plus Set for Retirement
Thomson Reuters is expected to discontinue the Reuters Plus data workstation for financial advisers and wealth managers, as part of the vendor's post-merger product rationalization strategy, sources tell Inside Market Data .
Bloomberg, Microsoft Build Mobile Data App
Bloomberg has developed a mobile-enabled software application that enables subscribers to its Bloomberg Professional terminals to access a sub-set of the terminal's data via any wireless application running Microsoft's Windows Mobile operating system.
Equiduct Set for July Launch
BERLIN-Trading on multilateral trading facility (MTF) Börse Berlin Equiduct Trading is expected to begin in July, MTF officials tell DWT .
Calyon to Open New IRD Channel
LONDON-The corporate and investment bank of the Crédit Agricole Group, Calyon, plans to launch a single-dealer portal for its interest rates derivatives (IRDs) and other fixed-income instruments, which should go live next year.
Fidessa Rolls Out Intelligent Liquidity Access
NEW YORK-In an effort to level the playing field for its clients, order management system (OMS) and market connectivity provider Fidessa has launched its Intelligent Liquidity Access strategy today, June 16.
Banks Stall on Exchanges' App Data Fees
New exchange policies that charge banks for using market data in non-display applications and creating derived data from real-time exchange feeds are being met with resistance by some banks, some of whom are stalling the process of signing new contracts,…
Software Upgrade Halts Nordic, Baltic Trading
STOCKHOLM-Traders on the Nordic and Baltic exchanges found themselves cooling their heels twice last week as a trading platform upgrade halted trading on the Nordic and Baltic exchanges.
Terra Nova Adds TSX via Hosted SpryWare
Chicago-based broker and clearer Terra Nova Financial is preparing to roll out data from the Toronto Stock Exchange to institutional and active trader clients of the firm's electronic trading workstation from its Tradient Technologies subsidiary, using…
MUSI Preps Contributions Data Upgrade
Mitsubishi UFJ Securities International is planning a global pricing system for rates and exotic derivative products contributed by dealers, made possible by the latest version of Gissing Software's ConteX price contribution system, which the firm will…
Merrill Adds Prime Brokerage to RealTick
NEW YORK-Global financial firm Merrill Lynch has tapped execution management system (EMS) provider Townsend Analytics to provide its integrated electronic trading and prime brokerages services to its hedge fund clients, officials have announced today,…
FirstRain Adds to Blog Reports
Search technology provider and content aggregator FirstRain will this week launch two new sets of email reports, the FirstRain Blog Monitor and FirstRain Capital Markets Monitor, that consolidate information from the Web with blog metrics and company…
Fixnetix Offers Access to Hosted Skyler CEP Engine
UK-based direct exchange feed technology provider Fixnetix is offering hosted access to complex event processing technologies from Concord, CA-based vendor Skyler Technology, under the terms of a new partnership between the two vendors, officials tell…
Vhayu 'Squeezes' Data Storage
Tick processing and CEP software vendor Vhayu has rolled out a new component to its Vhayu Velocity solution that utilizes hardware technologies to reduce storage requirements, officials tell Inside Market Data .