News
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.
Hedge Funds Proliferate
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Penny Quotes Land in US
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Y2K: Dire Straits Avoided
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Buy Side Gains Greater Control
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