News
Opra Data Outage Prompts Tech Fixes
The Options Price Reporting Authority is rewriting software processes that contributed to a data outage last Monday, Dec. 3, following a "rare" hardware failure at The Securities Industry Automation Corp which processes Opra's feed of US options quote…
AgriCharts Targets Commodities Data
Chicago-based derivatives data and charting provider Barchart.com has set up a new business division to provide data products and Web site hosting for agricultural commodities and futures products, officials tell Inside Market Data .
Roberts Group to Bolster Reporting Engine
The Roberts Group is planning to introduce new functions for tracking and analyzing data usage next year, using technologies incorporated into its FITS (Financial Information Tracking System) data cost and inventory management system earlier this year.
George Weiss Installs Aleri CEP Engine
Hartford, Conn.-based multi-strategy investment manager George Weiss Associates is deploying complex event processing technology to perform calculations on real-time market data in the face of rising data volumes, officials tell Inside Market Data .
On Point Migrates Networks
NEW YORK-Users of agency brokerage On Point Executions' smart order routing platform and matching engine for equities options, Sting, will have their connections migrated onto an updated version of the platform over the next few weeks, say firm officials.
FTSE, Dow Prep ICB Adds
The Industry Classification Benchmark, the company and security classification system developed by FTSE and Dow Jones Indexes, is making changes to the sector levels by which it defines companies, to reflect demand for greater granularity on companies in…
Platform to Update Symphony
NEW YORK-The latest version of grid computing platform Symphony from Platform Computing will be available in pre-release form this week, DWT has learned.
Eurex EBS Feed Cuts Latency, Jitter
German derivatives exchange Eurex is rolling out a new feed of derivatives data on Monday Dec. 3, dubbed Enhanced Broadcast Solution (EBS), which aims to reduce latency and also minimize "jitter"-variance in data latency at times of peak message traffic…
Turquoise Preps Data Plans, Mulls FAST
Bank-backed European multilateral trading facility Turquoise has begun the process of determining the best means for distributing quote and trade data from its trading platform, which is scheduled to go live next year.
S&P Upgrades Backtester
Standard & Poor's Compustat division last week rolled out version 1.5 of its Backtester quantitative analysis tool for back-testing trading and investment strategies by simulating portfolio strategies and investment conditions at specific points in time.
Tibco Cuts RV Latency
Tibco Software has slashed the latency of its Rendezvous messaging layer in response to rising message rates and increases in the number of applications that consume real-time data.
Gissing Preps ConteX 4.0 Beta Tests
UK-based data technology vendor Gissing Software has begun beta testing the latest release of its ConteX price contribution system, and is in the final stages of completing interfaces between ConteX and other systems in place at end-user firms.
TTN Debuts Web NewsStation
Trade The News, a New York-based provider of real-time news to end users including traders at hedge funds, prop desks and day traders, last month began beta testing a Web-based version of its NewsStation news and commentary display product with clients,…
Tokyo Raises Message Capacity
The Tokyo Stock Exchange increased the capacity of its market data system by 10 percent last Monday, Nov. 26, from 30,000 to 33,000 messages per minute, ahead of a more comprehensive systems overhaul set to take place in the next two years.
Aleri Unveils Liquidity Consolidation, Analysis Tool
Chicago-based event processing software vendor Aleri will this week announce it has built a new liquidity aggregation and analysis tool designed to help users deal with the demands of trading in a fragmented marketplace by consolidating and analyzing…
CBOE to Limit Member Quoting
The Chicago Board Options Exchange will this week introduce a system to ensure compliance with the exchange's rules governing the appointments of market makers by preventing members from quoting excessively in CBOE-listed option classes.
MarketAxess Makes OMS Buy
NEW YORK-Electronic fixed-income trading venue MarketAxess has acquired order management system (OMS) and connectivity provider Trade West Systems (TWS) in an effort to deepen its integration into investor and dealer trading workflows, say MarketAxess…
Goldman Sachs to Launch FX Algos
LONDON-Goldman Sachs plans to debut its foreign exchange (FX) trading algorithms in the first half of 2008 as part of its strategy to gain market share, firm officials tell DWT .
Cross-Asset Trading to Become Reality in Europe
LONDON-Trading multiple instrument types simultaneously will be commonplace in European markets within the new few years, predict industry insiders.
SOA Faces Tough Asian Slog
DELHI-Although uptake of service-oriented architecture (SOA) in Asia is still in the nascent stage, global financial institutions in the region are leading the way in a growing awareness of SOA, according to a newly released report from IT market…