News
Weeden Preps LMS Launch
NEW YORK—Agency brokerage Weeden & Co. plans a soft launch of its OnePipe liquidity management system (LMS) in a matter of weeks, say brokerage officials.
LIM Enables Spreadsheet Sharing
Chicago-based derivatives and energy data provider Logical Information Machines will this week announce a partnership with Team and Concepts, a Hong Kong-based provider of online spreadsheet technologies, to enable users in multiple locations to use the…
NSX Rebates Target ECN Flow
The Chicago-based National Stock Exchange has restructured its market data and liquidity rebates in a push to attract higher order volumes from ECNs and alternative trading systems.
SFTI Eyes Asia Exchange Connectivity
NYSE TransactTools, the technology subsidiary of NYSE Euronext, is rolling out its industry-mandated SFTI (Secure Financial Transaction Infrastructure) network for data and trade communication to Asia, to provide exchange connectivity and order routing…
FISD, Asia Firms Ready Data User Group
Market data officials at a number of trading firms and FISD members in Hong Kong, Singapore and Australia are pooling their expertise to set up a market data user group organization focused on the Asia-Pacific markets, with the assistance of industry…
Stockgroup Takes Broker Clients Mobile
Vancouver-based financial data provider Stockgroup is developing a wireless real-time market data solution for brokerage firms to roll out to clients, which the vendor plans to release in January, officials say.
Platts Adds OTC ICE Data
Energy and commodities information provider Platts, a subsidiary of McGraw-Hill, has added OTC pricing data from Atlanta-based IntercontinentalExchange to its forward curve data products. The ICE data covers North American natural gas and electricity…
Boat Data Suffers Choppy Launch
Reuters suffered problems displaying data from trade reporting utility Boat at its launch last week because of anomalies in the way that many contributing banks provided their pre-trade quotes, while Bloomberg is still ironing out contractual issues for…
Reuters to Name Execs; Rowlands to Leave
Devin Wenig, CEO-elect of the Reuters business line within the proposed merged Thomson-Reuters, will name the vendor’s new executive management team Monday, Nov. 5, IMD has learned.
Markit Prepares New Desktop Features
UK-based data vendor Markit has added a portfolio upload tool to version 1.1 of its Markit Desktop data product, and plans to add additional content sets, enhanced graphics and the option of a Web-based interface in future releases.
BvD Grows Sinorating China Data, Revamps Interface
Belgium-based fundamental data provider Bureau van Dijk (BvD) is integrating company data from more than 300,000 Chinese corporations into its international data products following a deal with Sinorating, a subsidiary of Chinese state-owned credit…
GFI to Take FX Options-Specific Trades Electronic
NEW YORK—Interdealer broker GFI Group plans to support trading of foreign exchange (FX) derivatives-specific contracts on its electronic FX derivatives trading platform, Forex Match, in early 2008, say firm officials.
CBOE to Debut Flex Options Platform
CHICAGO—After 15 years of floor trading, the Chicago Board Options Exchange (CBOE) plans to introduce electronic trading of its Flexible Exchange (Flex) options on its new CboeFlex.net trading platform, DWT has learned.
SFTI Targets Asia Exchanges
NEW YORK-NYSE TransactTools, the technology subsidiary of NYSE Euronext, is rolling out its industry-mandated Secure Financial Transaction Infrastructure (SFTI) network for trade and data communication to Asia, to provide exchange connectivity and order…
Banca Aletti Outsources SSO to Hi-mtf
MILAN—Italian bank Banca Aletti has outsourced its sistemi di scambi organizzati (SSO), or alternative trading system (ATS), functions to fixed-income and equities multilateral trading facility (MTF) Hi-mtf, officials tell DWT .
Following JPMorgan's Open-Source Trail
As open source and grid computing gain more traction in the financial services space, technology gurus at investment banks have to figure out ways to stay ahead. DWT U.S. reporter Oksana Poltavets sits down with Adrian Kunzle, chief architect of…
Global Exchanges Branch Out, Form Partnerships
NEW YORK, LONDON & TOKYO-The largest global exchanges have not sated their appetites for joint ventures, as a number of bourses announced new partnerships.
Gaselys to Finish Symphony Migration
NEW YORK-Energy trading firm Gaselys, a joint venture between Gaz de France and Société Générale (SocGen), will be fully migrated to the grid computing solution Symphony from Platform Computing by the end of this month, vendor officials tell DWT .