News
GemStone Debuts GemFire 5.5
NEW YORK-Enterprise data fabric platform provider GemStone Systems has announced today, April 28, the release of version 5.5 of its GemFire Enterprise offering, vendor officials tell DWT .
12,000 Trading Positions Lost by 2011
TAUNTON, U.K.-Job prospects for traders and the IT professionals who support them are expected to remain grim for the next three years as the industry is expected to shed a net of 12,000 trading positions globally, according to a report published by…
AMD Launches Desktop Initiative
SUNNYVALE, CALIF.-Processor maker Advanced Micro Devices (AMD) has released its new desktop offering as part of the AMD Business Class initiative, today, April 28.
Fidessa Preps New MTFs Data
UK-based market data and trading technology vendor Fidessa plans to distribute market data from new European multilateral trading facilities scheduled to launch later this year, and allow users to incorporate the data into its Virtual Market View display…
Reuters Names "Quick Win" Combos
The newly merged Thomson Reuters has announced the first set of "quick win" product integrations that will combine Reuters and Thomson Financial services in the vendor's products, and plans to issue a detailed product consolidation roadmap before the end…
InfoDyne Preps Europe Feed Handlers
Chicago-based feed handler and ticker plant vendor InfoDyne is planning to significantly expand its range of feed handlers for European exchanges and multilateral trading facilities, in a bid to gain traction in the region, officials say.
Celoxica Plans Expanded Feed Support
Celoxica, a UK-based provider of hardware acceleration technologies for trading firms to capture, process and integrate market data with trading applications, is preparing to support an additional seven datafeeds by the end of the year in response to…
Traderforce Readies Workstation Update
French data and trading technology vendor Traderforce is preparing to launch a new version of its market data and trading terminal in September, following beta testing with a select group of clients over the summer, officials say.
Nanexx Unveils Spinoff Data Tools
Start-up data technology provider Nanexx will this week unveil its new ticker plant products, ahead of the vendor's spin-off from its parent, trading platform provider Exx.com later this year.
FactSet Buys Fundamentals "Copy"
FactSet Research Systems has emerged as the first vendor to buy a "copy" of the Thomson Fundamentals database, which Thomson Reuters is required to sell for competition reasons, after regulators in the US and Europe imposed the sale of copies of certain…
Nord Pool Takes GlobalVision Live
FREDERICIA, DENMARK-Scandinavian power exchange Nord Pool Gas has recently gone live with Trayport's GlobalVision Exchange Trading System, announce officials.
Swift Expands Front-Office Staff
NEW YORK-To address the growing broker-dealer customer base, the interbank messaging cooperative Swift has increased its staff addressing its clients' front office needs by approximately 30 percent, DWT has learned.
Ascot to Roll Out Derivatives Trading
HONG KONG-Local brokerage Ascot Financial Services plans to expand its coverage into the global derivatives markets by deploying a number of application service provider- (ASP)-based systems from trading platform provider Patsystems, vendor officials say.
Thomson-Reuters Names New Leadership
LONDON-Despite a rocky start on the London Stock Exchange, Thomson-Reuters continues to solidify its integration and has named the latest round of managerial appointments.
Front-Office IT Spending Shrivels
BOSTON-The current economic downturn has stripped the short-term IT spending focus from the front office at large brokerages, according to a recently published report from Boston-based analyst firm Celent.
Liquidnet to Deploy Data Grid
NEW YORK-In an effort to combat and eliminate database bottlenecks, crossing network provider and agency brokerage Liquidnet is looking to adopt a data grid strategy by the end of 2009, DWT has learned.