News
StanChart Deploys Traderforce in Asia
Standard Chartered Bank has rolled out more than 30 market data display terminals from French data vendor Traderforce to its new private banking division in Singapore, officials tell Inside Market Data.
SGX Readies OMX Derivatives Feed Test
The Singapore Exchange will begin testing a new data platform for its derivatives feed in December, based on the Genium data platform from Swedish exchange operator and technology provider OMX, and plans to fully implement the platform in January,…
CQG Adds Icap Asia Data
Denver, Colo.-based data and analytics provider CQG is to expand the range of contributed data it carries from interdealer broker Icap, under the terms of a deal between the two for multi-asset-class data from Asian markets, Inside Market Data has…
Thomson, BQuotes Partner for CDS Data
Thomson Financial’s analysis and commentary subsidiary Thomson IFR Markets has begun providing real-time credit default swap commentary, analysis and forecasts to BestQuotes and BestData—the real-time price discovery and intra-day price services from…
Vhayu Melds Real-time, Historical Data
California-based tick processing software vendor Vhayu will this week announce version 2.0 of its Velocity Order Book Analyzer, which combines real-time and historical market data analysis and storage capabilities for building and recreating current or…
Reuters Readies MiFID Tools
Reuters will this week launch two new services that provide data and analysis of trade information to aid client compliance with the best-execution components of the European Commission’s Markets in Financial Instruments Directive.
Activ Expands Asia-Pacific Direct Feeds
Low-latency data and technology vendor Activ Financial is increasing its line-up of data from Asia-Pacific exchanges, in response to demand for low-latency data from trading firms in the region.
Study: Firms Not Ready to Compete in Mifid
LONDON—Financial firms have spent 20 to 25 percent less than initial estimates on preparation for the E.U.’s Markets in Financial Instruments Directive (Mifid), concludes research by IT services provider Atos Origin.
Downtime Costs Firms Over $10K per Hour
LONDON—When an internally developed system fails, U.K. banks and financial firms can expect to pay over $10,000 per hour for the downtime, according to a study published by IT market research firm Vanson Bourne and sponsored by business service…
Bourse, Bank JV to Launch SmartPool MTF
LONDON—NYSE Euronext, along with French bank BNP Paribas and London-headquartered HSBC, have entered into a joint venture to launch a multilateral trading facility (MTF), dubbed Project SmartPool, sometime in the second quarter of 2008, say officials.
FutureTrade Links to Emerging Markets
NEW YORK—Clients of electronic agency brokerage FutureTrade should be able to access the Asian and Latin American markets within weeks, brokerage officials tell DWT .
Wall Street Passes Pandemic Test
NEW YORK—The U.S. securities industry’s emergency preparedness has paid off, according to preliminary results of a three-week influenza pandemic test sponsored jointly by U.S. regulators and financial firms.
Portware Adds FX Support
NEW YORK—Portware users trading equities, futures and options soon will be able to trade foreign exchange (FX) as the execution management system (EMS) provider prepares for a platform upgrade targeted for January 2008, DWT has learned.
Turquoise Data to Mirror Boat
Project Turquoise, the European multilateral trading facility (MTF) formed by a consortium of banks is likely to base its data distribution architecture on that employed by trade reporting utility Boat, according to Cinnober, the vendor named last week…
Demand Rises for Hosted Tick Utilities
Demand is increasing from financial institutions for vendors to develop hosted tick-by-tick storage services as an alternative to firms having to host and manage huge databases of tick data internally, according to industry participants.
Connotate, Serena, Xignite Prep Mashup Portals
Three vendors of technologies for creating “mashups”—applications created by combining different Web services—aimed at financial services firms are rolling out new portals for pulling together data services and building tools on the fly without needing…
Traderforce Bolsters Asian Presence
Paris-based data and trading technology vendor Traderforce is building up its Asian presence and making investments in new infrastructure, offices and additional staff to support growing demand for its products in the region.
Quant House Plans Asia Network
French low-latency data vendor Quant House is planning to expand its proprietary fiber-optic network into Asia next year, to support datafeed collection from more exchange data sources in the region.