News
Customization Key to Algo Growth
LONDON-When it comes to trading algorithms, off-the-rack solutions aren't cutting it in the competitive market as more buy-side clients demand bespoke solutions, say industry insiders.
DSM Turns to NYSE Euronext for Tech
NEW YORK & DOHA, QATAR-In a significant, yet somewhat expected, move into the Arab Emirates, NYSE Euronext has purchased a 25 percent stake in the Doha Securities Market (DSM).
Euronext Revamps Depth, Index Fees
NYSE Euronext is reorganizing its equity markets and index data, offering a choice of market depth in its cash market feed, and breaking out its index products into a series of different packages, officials say.
Nordic Firms to Launch MTF
STOCKHOLM-Competition in the Nordic markets is heating up as a consortium of Scandinavian banks announced the formation of a new multilateral trading facility (MTF) that plans to dethrone Nasdaq OMX as the dominant market in the region.
UBS Migrates to Hosted MDM Software
UBS has deployed an ASP-version of the Market Data Manager (MDM) inventory management software from UK-based vendor MDSL, replacing a previous version that was hosted in-house. The bank has used of MDM for approximately seven years, but earlier this year…
SunGard Upgrades Front Arena
LONDON-Software and services vendor SunGard plans to debut the latest version of its Front Arena trading platform, DWT has learned.
CME Prepares FAST Brazilian Data
CME Group has started a project to integrate market data from Brazilian commodities and futures exchange Bolsa de Mercadorias and Futuros (BM&F) into its own feed infrastructure, and will make the content available to its customers by this fall,…
Pivot Gains Weather Support
NEW YORK-Straight through processing (STP) of weather derivative trades is a step closer to reality as secure instant messaging provider Pivot launched the Instant Market module for its Pivot 360° platform today, June 30.
FTSE Continues Asia Push with SET, APREA Indexes
The Stock Exchange of Thailand and index provider FTSE will this week begin distributing data on a new series of Thai equity indexes, to meet growing investor demand for more tradable vehicles, officials say.
TheMarkets.com Steps Up FactSet CallStreet Integration
Investment bank consortium-owned research portal TheMarkets.com last month augmented the corporate events data available on its research platform with the addition of new data from FactSet CallStreet, which provides calendars, audio links and transcripts…
eSignal Expands Weather Data, Corrections, Performance
The eSignal active trader workstation division of Interactive Data will this week release Version 10.1 of its flagship eSignal product, with new content additions and enhancements that improve the speed and throughput of the system, officials tell Inside…
SWX, Colt Partner for Proximity Data
Swiss exchange group SWX has entered into a partnership with Colt Telecom to provide proximity hosting services to firms seeking to minimize latency of data transmission to and from the exchange, officials tell Inside Market Data .
Nasdaq Expands Market Replay Tool
Nasdaq OMX will next month unveil version 2.0 of its Market Replay tool for analyzing historical data by replaying quoting activity, with the addition of trade data and activity on other markets.
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 .