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FISD Outlines Industry Challenges for 2008

As the FISD and its members look forward to the challenges of 2008, two issues stand out for their importance and complexity-entity identification and data piracy and misuse. While seemingly unrelated, these two issues are united by a common thread:…

Algos Face Fragmentation, Complexities in '08

Algorithmic trading and smart order-routing applications will need to balance market data from multiple venues with clearing and settlement data, post-MiFID. By Bob Fuller, non-executive director at Fixnetix, and former chief executive of Equiduct.

Technology for Navigating the Perfect Data Storm

Reliance on legacy messaging solutions in the face of rising volumes and other market forces and technology drivers is creating a Perfect Storm that threatens to flood messaging infrastructures. By Barry Thompson, founder and chief technology officer,…

The Future of Algo Trading-Beyond Headlines

News-based algorithmic trading is moving from science fiction to working strategy. And 2008 promises continued growth as data becomes more robust, models become more sophisticated, and the number of applications increases. By Joe Lanza, vice president…

'Smart' Bombs to Ignite Liquidity Explosion

As competition increases and European markets divide to serve different trader requirements, smart order-routing algorithms will not only become more widely used, but more sophisticated, and will need to capture and analyze data on not just prices, but…

IT Spending Up in 2007

BOSTON & LONDON-Despite the credit crunch, financial services firms have spent more on IT investments in 2007 than previous years, say industry watchers.

Fidessa to Launch Next-Gen Trading Algos

NEW YORK-Order management system (OMS) and market connectivity provider Fidessa plans to release a new suite of advanced trading algorithms for the U.S. markets, dubbed BlueBox Execution Strategies, in the coming weeks, Fidessa officials tell DWT .

Sicom Preps for Condico Rollout

SINGAPORE-Traders on the Singapore Commodity Exchange (Sicom) will have a chance to start training on the exchange's new Condico energy and commodities trading platform from Nordic exchange provider OMX in the second quarter when the exchange commences…

Reuters Buys Gissing for Contributions Tech

Reuters has entered into an agreement to acquire UK-based market data contribution technology vendor Gissing Software, to update its own technology components for contributing data to Reuters' data infrastructure and network. The deal is expected to…

TSX Shelves Controversial Data Fees

The Toronto Stock Exchange has put on ice plans to charge data clients according to the number of servers running analytical programs that consume TSX data, after a frosty response to the proposed fees from end-user firms.

Ipreo Sells Hemscott Arm to Morningstar

Ipreo has sold its Hemscott fundamental data and investor relations Web development businesses to Morningstar, a research and data vendor focused on equities, mutual funds and other investment products for $51.6 million in cash.

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