News
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.
LiquidityHub Launches Pricing Platform
LiquidityHub, an electronic platform formed by a consortium of 16 banks for facilitating price discovery for fixed-income instruments, will go live with its first phase of operations today, Monday Oct. 22, providing market data on euro-denominated…
LSE Manages Latency with Corvil
LONDON-The London Stock Exchange announced today, Oct. 22, that it has adopted the network latency monitoring platform from networking tool vendor Corvil to minimize latency on the LSE's TradElect trading platform, vendor officials tell DWT .
Deutsche Börse Preps FAST Eurex Feed
Deutsche Börse will launch a new low-latency datafeed for vendors and non-member trading firms on Dec. 3 that will also provide increased market depth data, following the launch of a new trading API being rolled out by the exchange's Eurex derivatives…
LiquidityHub Goes Live
LONDON-After numerous delays, the bank consortium-backed fixed-income pricing aggregator LiquidityHub has gone live today, Oct. 22, DWT has learned.
LIM Debuts XMIM Options Tester
Chicago-based derivatives data vendor Logical Information Machines will this week release XMIM Options Tester, a tool for back-testing the performance of equity and futures options strategies using historical end-of-day bid-and-ask price data to create…
NeoNet Connects to Chi-X
Direct market access (DMA) agency broker and trading technology provider NeoNet's clients will now have access to Chi-X, Instinet's pan-European alternative trading system (ATS), NeoNet officials announced today, Oct. 22. NeoNet is currently connected to…
Boat Floats Free Trial, Delayed Data
Trade reporting facility Boat (formerly known as Project Boat), is offering a two-month free trial of its real-time quote-and-trade datafeed between its launch on Nov. 1 until the end of this year, and has decided to also provide a delayed feed of data.
Preparing the ICE Storm
In the past year, the IntercontinentalExchange (ICE) has acquired the Winnipeg Commodities Exchange (WCE), opened its own European clearinghouse and has been growing like a snowball rolling down hill.
Panel: Reg NMS Impact Exaggerated
Market forces are responsible for soaring increases in market data traffic, rather than the conventional wisdom that Reg NMS is driving data growth, according to an industry panel organized by Interactive Data in New York last week
EquityFeed Preps Screening Tools
Montreal-based micro-cap data vendor EquityFeed is planning to add an industry sector data analysis tool and an earnings calendar to its products as part of a software upgrade scheduled for Nov. 1, officials tell Inside Market Data .
CodeStreet Plans Open-Source Scenario Library
New York-based financial software provider CodeStreet plans to develop an open-source library to make it easier for business users to develop and test applications by running market data scenarios using its Market Data Works testing suite, which the…
FIX Protocol Makes Gains in FX
LONDON-The FIX messaging protocol is gaining ground in the foreign exchange (FX) market, according to panelists who spoke at an event held by the FIX Protocol Ltd. (FPL) late last week.
BGC Partners Taps GFI Exec for E-Commerce Head
NEW YORK-Hybrid voice and electronic interdealer broker BGC Partners has named Clive England to the newly created position of director of the North American e-commerce unit, brokerage officials tell DWT .
Swift Readies Next Phase of Derivatives Pilot
NEW YORK-Industry messaging cooperative Swift expects to launch a pilot for XML-based messaging standards for reconciling derivative trades in the first half of 2008, DWT has learned.
Panel: Exchanges Must Evolve or Die
LONDON-European exchanges will need to adapt in order to stay ahead of competition that will arise in the new fragmented market after the E.U.'s Markets in Financial Instruments Directive (Mifid) takes effect on Nov. 1, according to participants of the…
UNX Opens Trading Service Bureau
NEW YORK-Agency brokerage UNX announced today, Oct. 15, that is now offering its suite of execution and algorithmic trading offerings as a service bureau, DWT has learned.
DJN Adds to Algo News Feed
Dow Jones Newswires has added company-related news items to its Elementized News Feed, which provides a feed of news items with XML tags that can be processed by investment models and algorithmic trading applications.
Fixnetix Offers Pan-Euro Low Latency
UK-based low-latency feed vendor Fixnetix is rolling out a low-latency data service using proximity hosting data centers and the highest available bandwidth connections for access to the three major European markets-the London Stock Exchange, Euronext…