News
Nasdaq Readies Options Depth Feed
Nasdaq plans to create a proprietary options market depth datafeed to carry the full depth of data from its forthcoming options market, and to provide increased transparency into the options market-though the exchange has not yet set a launch date for…
Code Red Preps Jan. Launches
Research management software vendor Code Red is targeting Jan. 1 to roll out both its IdeaNet online broker-client communication platform and version 3.2 of its Red Alerts research management system, which includes built-in integration between standalone…
Trade Alert Expands IM Alerts
New York-based Trade Alert, a provider of options trade data and analytics via instant messaging, is adding new features to its Options Alert product to expand the range of data and alert types that the system can provide.
TSX, MX to Form New Canadian Exchange
TORONTO-Following the rash of multi-asset exchange consolidations, officials from TSX Group, operator of the Toronto Stock Exchange (TSX) and Montréal Exchange (MX) have announced their intention to merge under a tentative TMX Group brand.
Swift Fix for STP?
LONDON-Industry messaging cooperative Swift is in talks with FIX Protocol Limited (FPL) to advance interoperability between the messaging standards operated by the two bodies.
HKMA Debuts Electronic Trading Platform
HONG KONG-The Hong Kong Monetary Authority (HKMA) has launched its electronic trading platform (ETP) for exchange fund bills and notes, say officials.
Credit Suisse Wins AFTAs Hat Trick
NEW YORK-Credit Suisse's IT organization walked away with three of the 13 awards at the third annual American Financial Technology Awards (AFTAs) ceremony in midtown Manhattan last week. The firm's technologists took home top honors in the Best Global…
Orc Software Readies Canned Strategies
NEW YORK-Orc Software plans to release its Orc Liquidator product to a broader set of firms by offering the algorithmic trading engine with pre-packaged strategies in the first quarter of 2008 with a Chicago-headquartered client receiving the first auto…
LSE Targets April for Performance Channels
The London Stock Exchange aims to go live with a full production version of its low-latency Performance Channels datafeed in April 2008, following a period of testing with user firms that begins in January.
Bear Expands Derivatives Pricing
Bear Stearns is expanding the range of derivatives products for which its PricingDirect division provides valuations, and is also expanding the currencies in which the firm provides valuations, officials tell Inside Market Data .
TheMarkets Upgrades MeritMark
Research portal TheMarkets.com has enhanced its MeritMark research evaluation tool, to support more granular feedback from buy-side firms about the quality of sell-side research staff and services.
eSignal Revamps Quote.com
eSignal, a division of Interactive Data Corp., last week released version 2.0 of its Quote.com portal for professional and individual traders, which adds new charting and portfolio tracking functions.
Paladyne Integrates Markit
Hedge fund software vendor Paladyne Systems has integrated data from credit and derivatives data vendor Markit into its software for pricing, analytics and order management applications.
Wombat Fabric Puts Opra on Single Server
Wombat Financial Software's new Data Fabric middleware reduces the hardware required to process Opra's feed of US options quote and trade data to a single server, officials say.
Revere Maps China Company Data
San Francisco-based research provider Revere Data is in the final stages of extending its company and business classification scheme to include data on companies in China, officials tell Inside Market Data .
BvDEP Mints New Products, Partners
Belgian data provider Bureau van Dijk Electronic Publishing (BvDEP) last week launched a range of new regional variations of its MINT company information database, and announced a partnership with UK-based Perfect Information to make original source…
Kimsey Forecasts Flat UK Data Spend
Spending on market data in the UK is expected to stagnate in 2008, according to an annual survey of UK dealing room technology conducted by Kimsey Consulting.
Dresdner Kleinwort Integrates Trade Ideas
LONDON-Users of Dresdner Kleinwort's research and analytic portal can now receive trade ideas for firm officials since the bank integrated its centralized trade idea distribution platform from vendor youDevise with its proprietary Web-based research…