News
TSX to Make Quantum Leap in June
TSX Group, operator of the Toronto Stock Exchange (TSX), plans to trade solely on its new platform Quantum by early June, officials tell DWT .
Fortis Centralizes Global Data Management
Belgian banking group Fortis has begun a global market data management project to enable the bank to manage data usage via a competence center in Brussels by the end of this year, officials say.
Saxo Bank to Launch WebTrader 2.0
COPENHAGEN-Danish online foreign exchange (FX) trading firm Saxo Bank plans to introduce version 2.0 of its Web-based platform, Saxo WebTrader, which provides mobile clients with instant access to the global markets, at the end of the second quarter,…
Thomson, Reuters Merge; Name 'Wenig -3'
New Thomson-Reuters chief executive Tom Glocer set out his priorities for the merged business-a "flawless" integration, globalization, and a whole that is greater than the sum of its parts-following Thomson Corp.'s purchase of Reuters, which closed last…
Liquidnet Targets Europe, Asia
NEW YORK-Once it gains enough critical liquidity in its European and Asian markets, New York-headquartered crossing network provider Liquidnet plans to expand its product offerings in those areas, DWT has learned.
Nasdaq Preps UTP Rise
Nasdaq will make significant bandwidth upgrades to the consolidated UTP Quotation Data Feed and UTP Trade Data Feed of activity in Nasdaq-listed securities early in the second half of this year, in response to requirements by the UTP Operating Committee…
Report: IT Budgets to Rise in Japan
TOKYO-IT spending in Japan's securities industry is expected to increase in 2008, though the growth rate will be conservative compared to previous years, according to research from Boston-based consulting firm Celent.
Panel: European Market Will Consolidate
LONDON-Despite the growing number of new entrants in the post-Markets in Financial Instruments Directive (Mifid) landscape, in two or three years the European market will consolidate, according to industry observers.
Reliance, Quant House Partner for Feed Access
Ethernet provider Reliance Globalcom Services-previously known as Yipes Enterprise Services prior to its purchase last July by Indian telecoms vendor Reliance Communications-is to provide its clients with low-latency datafeeds as a result of an agreement…
Tick Data Targets Europe
Historical data provider Tick Data will this week announce an expansion of its historical tick database to include data from European equity markets, officials say.
BATS Readies European Feed Plans
US-based ECN and aspiring exchange BATS Trading is developing a free datafeed of European equities data that will accompany the launch of a European ECN later this year, officials say.
Solace Upgrades Messaging Appliance
Hardware-based messaging provider Solace Systems will this week unveil a new routing chassis and two new cards for network acceleration and topic routing focused on market data providers and financial institutions.
4th Story Introduces Blue Ridge
SAN FRANCISCO-Algorithmic trading software vendor 4th Story has released its algorithmic trading server, dubbed 4S. Blue Ridge, today, April 14.
Savvis to Host Bats MTF
LONDON-Europe's most recently announced multilateral trading facility (MTF), Bats Trading (Europe), announced that is has inked a deal with datacenter provider Savvis to host the MTF's production systems in Savvis' Docklands datacenter, DWT has learned.
Instinet Launches New Algos
Global agency broker Instinet, a wholly owned subsidiary of Nomura Holdings, has released a new, revamped suite of algorithms, dubbed Instinet Execution Experts, today, April 14. The collection incorporates components of Instinet's previous algorithmic…
Nasdaq OMX Preps Volume Display Portal
Nasdaq OMX has released a beta-test version of a new, Web-based real-time data product, dubbed Nasdaq Trade Ads, which allows exchange customers to display their trading volume and market share for particular stocks, to attract order flow from buy-side…
Alphacet Integrates OMD Tick Database
Start-up quantitative analysis software vendor Alphacet has integrated OneTick, the real-time tick data management and analytics solution of OneMarketData into its upcoming Alphacet Discovery product, which enables quantitative analysts to create new…
Fixnetix to Power Equiduct VBBO
Pan-European multilateral trading facility Equiduct Trading has announced it is sourcing direct feeds from European exchanges and MTFs via UK-based low-latency data vendor Fixnetix, to power its Virtual Best Bid and Offer (VBBO) feed launched on April 4 …
Vhayu Takes Aim at Quants
Tick processing and complex event processing software vendor Vhayu will this week announce a new version of its Velocity tick capture engine, aimed at quantitative research analysts, officials say.
AgriCharts Unveils Workstations
AgriCharts, the commodities data arm of futures data vendor Barchart, has launched two new Web display terminals aimed at agricultural producers.
Nyfix Acquires Fixcity
NEW YORK & LONDON-Global crossing network provider Nyfix has expanded its portfolio of offerings with its recent acquisition of indications of interest (IoIs) network provider Fixcity.