News
West Highland Launches Status Monitoring for Wombat
West Highland Support Services, a New York-based provider of remote systems support and monitoring for financial institutions' market data platform installations, is rolling out a new tool to its engineers and clients, in response to increasing demand…
S&P Integrates, Rebrands, Targets Structured Products
Standard & Poor's new Fixed Income Risk Management Services (FIRMS) unit is rebranding disparate products under a unified umbrella to reflect their integration into a single business unit, and is building a solution to enable clients to easily integrate…
Thomson Reuters Braces for Cuts
Thomson Reuters is set to announce a swathe of redundancies this week that will reduce duplicative roles created by the merger of Thomson Corp and Reuters, according to an internal memo distributed last week by Devin Wenig, chief executive of the vendor…
NYSE Bows Order Imbalance Feed
NYSE Euronext will on July 1 launch NYSE Order Imbalances, a datafeed of order imbalance data provided prior to market open and close, and will make the service available at no additional charge to clients of its OpenBook Ultra and OpenBook Aggregated…
Infinancials Releases New Analytics for Stock Comparison
Paris-based analytics provider Infinancials has developed a new graphical display for visually comparing key ratios between stocks, and to benchmark stocks against sector averages or bespoke portfolios.
Sinara Launches Market Data Platform
UK-based data technology vendor Sinara Consultants will this week launch its Sinara Market Data Platform (SinaraMDP), which incorporates a new component for streaming real-time data to mobile display applications and a data contribution API for…
CMA, Julius Finance Ally for Credit Pricing
Credit data provider Credit Market Analysis, which was recently acquired by the Chicago Mercantile Exchange, is expanding its coverage of credit derivative index pricing with the addition of interpolated prices from New York-based credit modelling…
XAP Set for Summer Upgrade
NEW YORK-In a planned August general release, grid computing vendor GigaSpaces Technologies will add support for dynamic languages, such as JavaScript and Groovy, to version 6.5 of its Extreme Application Platform (XAP), GigaSpaces officials tell DWT .
Smaller Is Better for E-FX in China
BEIJING-Smaller institutions and retail organizations are finding it easier to penetrate the emerging domestic electronic foreign exchange (e-FX) market in China compared to the larger banks, say industry insiders.
Warsaw Exchange Adds Gateways
WARSAW-Accessing Eastern European Liquidity may get a little easier as the Warsaw Stock Exchange (WSE) plans to roll out two new gateways in the coming months, say bourse officials.
Messaging Bodies Publish Investment Roadmap
LONDON-An alphabet soup of industry messaging bodies have released an investment roadmap that is targeted to standardize messaging across the financial services industry, say officials.
Bats Lands in New York
NEW YORK-Bats Trading, operator of the U.S.-based exchange-in-waiting Bats ECN, have taken up residence in lower Manhattan.
FFastFill to Gain FX Support
LONDON-Electronic trading software provider FFastFill expects to provide its trading platform users with expanded multi-asset strategies, with the introduction of foreign exchange (FX) trading support within a few weeks, say vendor officials.
Bear Updates GemFire
NEW YORK-Bear Stearns has recently signed a three-year contract renewal with enterprise fabric platform provider GemStone Systems, even though the bank is primed to be integrated with JPMorgan and its enterprise backbone, DWT has learned.
HSBC Links to Impact Pro
NEW YORK-Users of the Impact Pro integrated execution platform from Advanced Financial Applications (AFA) now have the option to route equities trades across borders via HSBC, DWT has learned.
City Awaits Financial Computing Grads
LONDON-Firms looking to fill financial IT posts are awaiting the first candidates standing for Master of Science (MSc) degrees in financial computing from the University College London (UCL), who will soon finish classes and begin three-month placement…
Wall Street Source Sues Thomson Reuters
New York-based news aggregator Wall Street Source has filed a lawsuit against Thomson Reuters, claiming that the former Thomson Financial breached its fiduciary duty as a stakeholder in WSS by poaching crucial staff and copying the vendor's products.
KTS to Exit Data Vendor Business
UK-based data and technology vendor Knowledge Technology Solutions is negotiating a sale of its MarketTerminal data display terminal subscriber base in order to focus operations on selling its underlying data platform technologies and related services,…
South Africa's Nedbank Rolls Out Coral8
Johannesburg-based investment bank Nedbank Capital, a division of Nedbank Ltd., last month deployed software vendor Coral 8's complex event processing engine, to support the bank's migration to new trading systems.
BOX Targets Wider Audience For Market Depth Feed
The Boston Options Exchange (BOX) is planning an initiative to make its market depth data more easily accessible and easy to analyze by members within trading systems and data display applications, officials say.
Code Red Gives Red Alerts a Facelift
Boston-based software vendor Code Red is beta testing a "soft release" of version 3.3 of its Red Alerts research management software with a group of hedge fund clients, which officials say represents a "significant upgrade" to the system's user interface.