News
TSE Set to Take Derivatives Engine Live
TOKYO-The Tokyo Stock Exchange (TSE) is going live on a new derivatives trading engine this Tuesday, Jan. 15, and at the same time, will launch an electronic off-auction trading market for derivatives.
CESR to Weigh Rating Agencies' Responses
The Committee of European Securities Regulators (CESR) last month published rating agencies' responses to a recent questionnaire that forms part of its probe into the role of agencies in rating structured finance securities, such as the sub-prime…
Execution Venue Competition, Post-MiFID
Despite a host of potential new European trading venues and data sources created as a result of MiFID, it may prove hard for new markets to grab share and create value. By Paul Pickup, director, Trading Technology.
Innovation to Combat Fragmentation
Exchange Watch-Following a year of consolidation, exchanges face growing challenges from rival ECNs and their own customers, who are forming utility-style venues for traditional exchange functions such as trading and reporting.
Capacity, Identifiers, Piracy, Outsourcing
INDUSTRY ISSUES-The issues faced by the data industry during 2007 will make good preparations for another challenging year in 2008, say industry officials.
Financial Information Forum: Ask the Audience
Growing competition among trading venues for the grand prize of market share is expected to highlight capacity issues and symbology changes during 2008. By Jeff Wells, co-chair of the FIF Market Data Capacity Working Group, and vice president of product…
SICOM Plans Data Overhaul
The Singapore Commodity Exchange (SICOM) is replacing its market data system to enable the exchange to handle greater data volumes and to introduce new data services this year.
Exchanges Must Seek 'Intellectual' Innovation
In the face of competition from their members and a consolidating market, exchanges need to answer end-user issues while also coming up with the Next Big Thing-or "Next Big Think." By Rafah Hanna, head of data at MTS
Trading Evolution Drives Tech Facelifts
Delivery Technologies-As trading becomes more automated and algorithmic, the relationship between market data and technology has become ever more tightly intertwined, and is driving greater focus on latency, new data inputs and struggling legacy…
Activ: Low Latency to 'Get Real' in 2008
In 2008, the data industry must heed the ghosts of Christmas past if it is to prevent history from repeating itself and deliver cost-effective latency reduction. By Shawn Kaplan, business development manager, Activ Financial
London Stock Exchange Spells Out 2008 Priorities
With exchange mergers focusing efforts on integration, the London Stock Exchange sets out the data and technology projects that will be most relevant to customers in 2008. By David Lester, chief information officer, London Stock Exchange
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…
E-Trading Trends to Drive Outsourcing Shift
As firms deal with rising volumes of low-latency data, expect hosted services to become more prevalent in 2008. By Don Finucane, vice president of product management and OTC data services, Interactive Data Real-Time Services
'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…