News
After RFP, Opra Renews SIAC Support
The Options Price Reporting Authority has renewed its contract for technical services with the SIAC division of NYSE TransactTools, following a competitive tender with other potential service providers, Inside Market Data has learned.
Ionic Info Upgrades Alpha Terminal
UK-based data vendor Ionic Information has enhanced a number of features and added new content to the latest version of its Alpha terminal product, which was released last month.
ISE Rethinks Rebate Rates
The International Securities Exchange has introduced inverted pricing for members, which eliminates market data rebates based on quoting activity on the ISE Stock Exchange, while increasing the rebate for executions that add liquidity, in a move designed…
RDF Direct adds Asian Exchanges
Reuters has expanded its low-latency Reuters Data Feed Direct service with data from several Asian exchanges, most recently the Tokyo Stock Exchange, officials tell Inside Market Data .
Benelux Banks Form InfoMatch User Group
Three Brussels-based banks-KBC Group, Fortis and ING Southwest Europe-have formed a user group to share ideas on how best to utilize their InfoMatch market data inventory management software from Dutch vendor Screen Consultants.
Fuller Enlists Fixnetix Data for New Smart Routing Service
Former Equiduct chief executive Bob Fuller is setting up a new company to provide hosted smart order-routing services for firms that collect low-latency market data from multiple trading venues.
Reuters Sweeps Post-Merger Management Roles
NEW YORK-Officials at Thomson Financial and Reuters have named the second tier of executives that will take up management positions within the recently re-branded Thomson Reuters Markets business following the merger of Thomson and Reuters, with Reuters…
ISE to Phase Out OMX
NEW YORK-The International Securities Exchange (ISE) plans to move from its current OMX Click platform to an options trading system to be developed internally, in conjunction with Eurex, exchange officials say.
OMX Plans 2009 Genium Debut
STOCKHOLM-OMX, technology provider and the operator of the Nordic Exchange, expects to deploy its next-generation trading platform, Genium, during the second quarter of 2009, OMX officials tell DWT .
Saxo Plans Easy Integration
COPENHAGEN-Danish foreign exchange (FX) firm Saxo Bank expects a relatively simple integration with Switzerland-based Synthesis Bank, which Saxo recently acquired.
Munder Reviews Data, Rolls Out Thomson
Birmingham, MI-based asset manager Munder Capital Management is in the final stages of migrating analysts and portfolio managers off products from FactSet Research Systems to replacements from Thomson Financial, as part of a broader project to cut data…
Arca Latencies Prompt Multicast Ramp-up
The NYSE-Arca division of the New York Stock Exchange last week rolled out an upgrade to the multicast version of its ArcaBook datafeed to encourage firms still using its legacy unicast feed to migrate to the new version.
Reuters Sweeps Post-Merger Management
Thomson Financial and Reuters have named the second tier of management positions in their combined financial data and news business, to take effect following the merger of Thomson Corp. and Reuters, with Reuters staff securing most key positions.
Exchange Alliances Set to Grow
KINGSTON, JAMAICA-Traders on the Jamaica Stock Exchange (JSE), Barbados Stock Exchange (BSE) as well as the Trinidad and Tobago Stock Exchange (TTSE) soon will have direct market access (DMA) to each venue via a new exchange alliance set to go live in…
Exchange Axis Preps Smart Routing ASP
LONDON-Industry startup Exchange Axis plans to provide hosted smart order routing for firms looking to aggregate data from and intelligently route orders to multiple trading venues, DWT has learned.
Trading Metrics Unveils Latency Analysis Tool
New York-based software vendor Trading Metrics will this week unveil a new product, Market Latency Metrics, for monitoring latency of market data systems and traffic.
Tunis Exchange Cuts Latency with Upgrade
TUNIS-The Tunis Stock Exchange will announce today, Feb. 4, that it has implemented the latest version of Nouveau Système de Cotation (NSC) electronic trading platform, dubbed NSC V900, from Atos Euronext Market Solutions (AEMS) for equities, DWT has…