News
Knight Cuts Knight Link Latency
JERSEY CITY, N.J.-Broker-dealer Knight Capital Group is reducing the latency in its internal crossing network, Knight Link, almost by half, firm officials tell DWT .
Schneider Upgrades Backbone
LONDON-To handle increased trading traffic and in preparation for adopting server virtualization and thin-client computing, execution broker Schneider Trading Associates plans to replace its dual 1 Gbps connections to its offsite datacenter in central…
DKIB Bolsters IT Audits
NEW YORK-After a two-year project to standardize, harmonize and enforce architectural standards for the investment bank's IT infrastructure, Dresdner Kleinwort (DKIB) is on the verge of using its enterprise infrastructure audit platform, Tideway Systems'…
Quant House Expands Equinix Co-location
French low-latency data and trading technology vendor Quant House has expanded its hosting partnership with Equinix to provide clients with low-latency data and co-location services in Chicago, officials tell Inside Market Data .
Thomson Reuters Touts Custom Solutions
Thomson Reuters is combining its products for pricing, analytics and risk management to provide valuation risk solutions customized to client needs, to address the challenges of valuing complex securities and provide a comprehensive view of risk exposure.
Quodd Preps Filtering, Display Upgrade
Jersey City, NJ-based Quodd Financial Information Services, a provider of real-time North American equities and options market data, will beef up its Equity+ MarketMonitor Web-based data display product, with enhanced filtering and display capabilities…
Wiener Börse Adds Bosnian Data
Austrian exchange Wiener Börse is incorporating new data from the Sarajevo and Banja Luka stock exchanges in the Former Yugoslavian Republic of Bosnia and Herzegovina onto its feed distribution architecture, officials tell Inside Market Data .
Aleri Readies Live OLAP Tool
Complex event processing software vendor Aleri will next month launch a new version of Aleri Live OLAP, an engine for performing visual analysis of multidimensional data sets on live, streaming data, sourced from the vendor's CEP platform.
Barchart Launches AgriCharts Mobile Service
AgriCharts, the commodities data subsidiary of Chicago-based futures data and charting vendor Barchart, will this week unveil a new mobile data product aimed at brokers of agricultural commodities and farmers and agricultural suppliers looking for price…
Aegisoft Updates AthenaTrader
NEW YORK-Several Aegisoft clients are in the process of testing and will be going into production with version 4.0 of AthenaTrader, an algorithmic multi-asset execution management system (EMS).
SGX Readies Proximity Hosting
SINGAPORE-Traders on the Singapore Exchange's (SGX's) equities and derivatives markets can expect sub-millisecond trade executions in August as SGX rolls out a proximity hosting service, say SGX officials.
GS, MS, UBS Link U.S. Dark Pools
NEW YORK-Goldman Sachs, Morgan Stanley and UBS have opened their respective dark pools of liquidity to partnering firms, say officials from the three firms.
MUSI Preps for Algo Rates Trading
NEW YORK-The interest rates trading group of Mitsubishi UFJ Securities International (MUSI), the European hub of the global securities and investment banking business of Mitsubishi UFJ Securities Co., plans to start algorithmic trading by the end of the…
Nasdaq OMX Picks SOR Partner
LONDON-Global exchange operator Nasdaq OMX is set to reveal the vendor selected to provide low-latency data to support smart order routing on its Pan European Market multilateral trading facility (MTF), and will launch a hosting facility next month to…
LSE Charts MTF Response
LONDON-The operators of the London Stock Exchange (LSE) expect to double the messaging capacity of its TradElect matching platform by September to 10,000 continuous messages per second and eventually scale it to 50,000 continuous messages per second with…
Nasdaq OMX Outlines EU MTF Plans
Nasdaq OMX is set to reveal the vendor selected to provide low-latency data to support smart order-routing on its Pan European MTF, and will next month launch a hosting facility for customers to minimize latency by locating their trading systems adjacent…
Lack of Data Hampers SAFE-DJ Index
An initiative by the South Asian Federation of Exchanges (SAFE) to launch an index of stocks listed across its 13 member exchanges in collaboration with Dow Jones is being slowed by a lack of quality data and limited data distribution channels from some…
Micex Readies FIX FAST Datafeed
The Moscow Interbank Currency Exchange (Micex) is developing a new datafeed that utilizes the FIX (Financial Information eXchange) and FAST (FIX Adapted for Streaming data) protocols, which it aims to roll out in the third quarter of this year, officials…
Wachovia Rolls Out TheMarkets' MeritMark Platform
Wachovia Securities recently rolled out TheMarkets.com's MeritMark Web-based broker vote platform to its clients, to automate the collection and distribution of buy-side feedback on sell-side research personnel and services to the broker-dealer, vendor…