News
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…
Hotspot FXi Revamps Platform
JERSEY CITY, N.J.-Electronic foreign exchange (FX) venue Hotspot FXi expects to replace its single matching engine with several new matching engines in January 2008 to improve the platform's performance, DWT has learned.
Polishing Turquoise
Now that the E.U.'s Markets in Financial Instruments Directive (Mifid) has taken effect, the European market will start to witness a number of multilateral trading facilities (MTFs) go into production over the next several months.
Smart Routing No Longer Just an Option
LONDON-With the rise of multilateral trading facilities (MTFs) in the post-Markets in Financial Instruments Directive (Mifid) environment, investment banks can't delay implementing smart order routing if they wish to remain competitive, say industry…