News
Evolving Risk
With the front office trading faster and more creatively, can a firm's risk management system ever keep up? DWT European reporter Cecilia Bergamaschi sits down with Andrew White, global head of trade and risk management with Reuters, to discuss the…
Expert: Sell Side Leads in Mifid Readiness
LONDON-Sell-side firms are in a better position than their buy-side counterparts when it comes to the Markets in Financial Instruments Directive's (Mifid's) best-execution requirement, concludes a white paper by the Best Execution Subject Group of the…
FPL Preps Algo Schema Launch
LONDON-The new FIX Algorithmic Trading Definition Language (FIXATDL) is set to launch in the first quarter of 2008, FIX Protocol Ltd. (FPL) officials tell DWT .
Fimat to Develop Margining Module
NEW YORK-Global brokerage Fimat Group will be looking to develop new technology to create a convertible bonds portfolio margining module to be available in the first quarter of next year, brokerage officials tell DWT .
Research Key as EC Probes Thomson-Reuters
The European Commission last week extended its inquiry into the competition implications of the proposed merger between Thomson and Reuters, saying it needs more time to investigate "serious concerns" with the merger.
Euronext Preps Feed; Brings SFTI to Europe
NYSE Euronext is preparing to launch a new, low-latency feed later this year to consolidate data from its cash equity NSC trading platform with full derivatives order book depth from its Liffe Connect platform, and is also preparing to provide clients in…
OMX Readies New Feed, Content
Nordic exchange operator and technology provider OMX will launch a low-latency market depth feed of Nordic equity data in November, and will add new content sets to its existing Targin datafeed later this month, officials tell Inside Market Data .
CEP Start-up Kaskad Denies Demise
Boston-based complex event processing vendor Kaskad Technology says it will continue operations, despite the loss of key executives and its main client, the Boston Stock Exchange, and moving out of its office in downtown Boston.
CS Preps TF-Paladyne Data for Hedge Funds
Hedge fund clients of Credit Suisse's prime brokerage service unit will be the first end-users to go live on a software platform that integrates portfolio management, analytics and accounting components from Paladyne Systems with a datafeed from Thomson…
TheMarkets.com Scores a Bullseye
Investment bank consortium-owned research portal TheMarkets.com will this week unveil a new real-time query tool that melds broker research and information gathered from the Internet, dubbed Bullseye.
Compustat Beefs Up Emerging Markets, Industry Data
& Poor's is planning a major upgrade to its Compustat feed in December, which will include company data from emerging markets, new industry-specific datasets and indicators, and improved analyst notes.
Limas Rolls Out Tullett Prebon FX Data
Jakarta, Indonesia-based data vendor Limas Centric Indonesia last week unveiled plans to add foreign exchange data from interdealer broker Tullett Prebon's data arm to its Limas StockWatch Desktop terminal and Web-based StockWatch Retail product, as well…
NSX Drops Data Credits, Ups Rebates
The National Stock Exchange has increased its liquidity rebates for approximately 500 exchange-traded funds, while scrapping market data revenue transaction credits for those shares.
CSAs Enable Firms to Price Proprietary Research
US investment managers are taking steps toward placing firm values on proprietary research provided via soft-dollar arrangements-increasingly by the use of commission-sharing arrangements (CSAs)-though industry experts say some stumbling blocks to…
LSE, ICMA Gain ARM Status
LONDON-The exchange reporting service (ERS) of the London Stock Exchange (LSE) and the Trax2 system of ICMA Limited-the market services division of the International Capital Market Association (ICMA)-are now Approved Reporting Mechanisms (ARMs), say…
CBOT Suffers Second Trading Snag
CHICAGO-Open-outcry traders on the Chicago Board of Trade grain markets were forced to enter their orders manually as the exchange's electronic order routing network went down last week, say exchange officials.
Central Africa to Gain New Exchange
LIBREVILLE, GABON-A new multi-nation Central African regional exchange is set to go live in the middle of next year, DWT has learned .
LSE, Borsa Italiana Complete Merger
LONDON & MILAN-Officials from the London Stock Exchange (LSE) and Borsa Italiana announced last week their organizations completed their merger.
Nasdaq Seeks Second Protected Quote
NEW YORK-The Nasdaq Stock Market plans to establish a second protected quote from the assets it is set to purchase from the Boston Stock Exchange (BSE), according to Nasdaq officials, who spoke during an analyst call last week.