News
Ipreo Buys NSight to Bolster Bigdough
Ipreo, the data and technology vendor formed last year by the combination of Hemscott, I-Deal and MarketPipe, will this week announce that it has acquired New York-based CRM software vendor NSight Enterprise Software, Inside Market Data has learned.
FX Platform to Meld Citi, Saxo Rates
Denmark's Saxo Bank is to incorporate currency prices from Citigroup into a foreign exchange trading platform being hosted on behalf of the bank by Saxo, officials tell Inside Market Data .
CLSA Preps Low-Latency Data Platform
CLSA Asia-Pacific Markets, a Hong Kong-based broker and investment firm, is rolling out a new market data infrastructure to reduce data latency, as part of a project to implement a next-generation trading system for handling increased message volumes…
29West Adds Network Monitoring Features
Low-latency messaging middleware provider 29West will this week unveil a new software component for monitoring the performance of computers and applications consuming or contributing data to the vendor's messaging systems.
Confluence Automates SFAS Validation
Pittsburgh-based fund data management software vendor Confluence has added the ability for investment managers to automatically validate disclosure schedules against their general ledgers using its Unity Holdings application, which automates collection…
Hedge Funds Sign for IDC Hosting
Interactive Data's Real-Time Services division has signed up three hedge fund clients for its DirectPlus hosted direct feeds service, and is in the final stages of agreeing a deal with a fourth, officials tell Inside Market Data .
CME, FIX to Speed Options Data Downloads
The Chicago Mercantile Exchange is planning to apply time-saving code created as part of the FIX Protocol to the process by which firms download the exchange's data dictionary of financial information for CME-listed contracts. Implementing the code would…
InfoDyne Enlists RTI for Messaging Boost
Ticker plant and feed handler vendor InfoDyne is upgrading the multicast data distribution capabilities of its TPS+Plus ticker plant by integrating software from Santa Clara, Calif.-based low-latency messaging infrastructure provider Real-Time…
Liquidnet Sets Up Shop in Pacific Rim
HONG KONG-New York-headquartered crossing network provider Liquidnet is going live in four Asian markets this week-Hong Kong, Japan, Singapore and South Korea.
Citi White-Labels Saxo Platform
NEW YORK-Global banking giant Citi will white-label Saxo Bank's foreign exchange (FX) trading platform as Citi FX Pro for smaller institutions, officials from both banks have announced.
Knight Makes Algo Buy with EdgeTrade
JERSEY CITY, N.J.-Getting some holiday shopping done early, broker-dealer Knight Capital Group is acquiring agency broker EdgeTrade to fill out Knight's current electronic trading capabilities, according to Knight officials.
NYSE Euronext to Consolidate Datacenters
NEW YORK-Exchange operator NYSE Euronext is in the early planning phase of consolidating its existing datacenters located on the east coast of the U.S. Datacenters located outside the region will be unaffected by the plan, officials say.
Experts: Asia to Follow European Trading Mold
NEW YORK-Firms looking to test the electronic trading waters in Asia should follow the history lessons learned in Europe, not the U.S., according to a recent roundtable of industry participants.
GL Trade Acquires Decision Software
PARIS & NEW YORK-To bolster its presence in the fixed-income markets, trading software and services provider GL Trade announced last week the acquisition of Decision Software, a provider of fixed-income trading platforms, liquidity connectivity and…
RTS Plans New Year's Tech Revamp
MOSCOW-The Russian Trading System (RTS) Stock Exchange plans numerous technology upgrades beginning in the first quarter of 2008, DWT has learned.
GL Trade Adds Turkish Hub
ISTANBUL-In an effort to expand its global connectivity network, trading software and services provider GL Trade has started operating its newly developed connectivity hub in Istanbul, officials announced today, Nov. 19.
Activ Enlists BT for Pan-Asia Data Hubs
Activ Financial is building a pan-Asia network of ticker plants for delivering direct and locally-consolidated exchange datafeeds, using connectivity and datacenter hosting solutions from network and hosting services provider BT Global Financial Services.
Thomson Readies Local Asia Products
Thomson Financial is increasing its focus on Asian markets with the addition of data sourced from China and local-language components for its Thomson One workstation products, and is looking to bring US products to the region.
CEP Vendors Call for Benchmarks
Providers of complex event processing technologies are calling for independent, verifiable performance benchmarks that potential clients can use to compare and select vendors in a crowded marketplace.