News
Swift Plans Managed Service
NEW YORK-Attendees of the Swift Operations Forum Americas 2008 in Midtown Manhattan were given a peak at three new services that bank messaging cooperative Swift plans to launch to help members manage their Swift connections.
Opra Projections Frustrate Options Players
Data industry participants are calling for more effective quote mitigation strategies, following the Options Price Reporting Authority's latest bandwidth requirements for the Opra feed of US options trade and quote data, which increases capacity…
Citi Takes Datacenter Green
LONDON-Without investing in leading-edge green technologies, Citi has managed to achieve a 20 percent energy savings for its new datacenter serving Europe, the Middle East and Africa (EMEA), say bank officials who spoke during a recent conference on the…
LSE, Borsa to Consolidate Data Delivery
The merged London Stock Exchange and Borsa Italiana group will migrate data subscribers to the LSE's Infolect data distribution platform in the first half of 2009, and provide an integrated data distribution platform that disseminates real-time data from…
Landsbanki Deploys Infront Terminals
Icelandic banking group Landsbanki is rolling out data displays from Norwegian vendor Infront across its business lines in Iceland, and is negotiating an enterprise license to deploy the product in other regions, officials say.
SpryWare Launches Order Book Manager
Chicago-based low-latency data and ticker plant provider SpryWare has begun rolling out to clients a new order book management product, dubbed Depth Plus, which enables firms to more cost-effectively build market display applications, officials say.
Capital IQ Integrates FirstRain Company Data
The Capital IQ division of Standard & Poor's has integrated Web-sourced content links from buy-side search technology provider FirstRain into its research platform, to provide portfolio managers and buy-side research analysts with access to key…
AXE Targets ASX With Free Data
The AXE ECN, a trading platform being set up by the New Zealand Exchange and major broker-dealers to compete with the Australian Securities Exchange, will waive fees for its market data at launch, officials tell Inside Market Data .
Nasdaq OMX Readies European ITCH Feed
Nasdaq OMX will this month roll out a test version of a new datafeed that will carry market data from the exchange group's planned multilateral trading facility, dubbed Nasdaq OMX Pan-European Market, officials tell Inside Market Data .
Edgar Online Mulls XBRL Tags for Funds
Company filings and data provider Edgar Online is working on a project to apply XBRL (Extensible Business Reporting Language) tags to mutual fund information, to enable investors and asset managers to more easily compare information across multiple funds…
Activ Financial Builds London Hub for UK Exchange Data
Chicago-based low-latency data and ticker plant provider Activ Financial has set up a datacenter in London to locally collect direct feeds from UK exchanges, in preparation for a broader program of sourcing European low-latency data and targeting…
Bats ECN Lands in London
NEW YORK-Bats Trading, operator of U.S.-based exchange-in-waiting Bats ECN, plans to go into production with Europe's latest multilateral trading facility (MTF) by the fourth quarter, say Bats officials.
Townsend Analytics Targets Asia
NEW YORK-Execution management system (EMS) provider Townsend Analytics plans to announce this week that it has incorporated trading algorithms and other execution services from UBS for the Asian and Canadian markets into its RealTick EMS platform, DWT…
Panel: BCP Technology Not Enough
LONDON-Those tasked with creating a firm's business continuity strategy should avoid being blinded by technology and never forget the human element, according to members of the financial services industry.
Chi-X Gains New Headquarters
LONDON-Pan-European multilateral trading facility (MTF) Chi-X has recently moved out of agency broker and alternative trading system (ATS) operator Instinet's premises to its own office in London.
Brazilian Exchanges Enter Defensive Pact
SÃO PAOLO, BRAZIL-In what can be seen as a defensive move, two Brazilian exchanges-Bovespa Holding and the Brazilian Mercantile and Futures Exchange (BM&F)-have announced their intent to merge to form the New Exchange.
Santander Plans Data 'Service Center'
Spanish banking group Santander is planning to create a global service center for IT and operations, covering market and reference data, to establish service benchmarks and define roadmaps for future data usage, officials say.
Turquoise Unveils Pricing, Test Schedule
European multilateral trading facility Turquoise last week unveiled preliminary fee levels that it plans to charge for its feed of quote and trade data, after a one-year fee waiver that will apply from when the trading venue goes live in August this year.