News
OptionMetrics Adds Europe Data
New York-based options data vendor OptionMetrics has added expanded exchange coverage and enhanced proprietary models for calculating dividends to its product for European historical equity and index option prices, and implied volatility data.
FTSE Readies Delayed Data Fee Hike
Index provider FTSE is set to double the charge for receiving delayed data on its indexes. Sources say FTSE introduced a monthly per-user charge for its delayed data of 25 pence earlier this year, and that this fee will rise to 50 pence next year.
ISE Adds Order Info to Depth Feed
The International Securities Exchange has enhanced its recently launched market depth datafeed with new fields indicating the quantity of customer orders for each price level.
CQG Bolsters TradeFlow Tools
Denver, Colo.-based data and analytics vendor CQG is in the process of migrating clients to the latest release of its charting software, which includes new studies for using other traders' activity to identify and predict price trends.
TSX Rolls Out Multi-Dealer Index
The Toronto Stock Exchange has switched its PC Bond fixed-income index from being based on prices contributed from a single dealer-Scotia Capital, from whom TSX bought the index and fixed-income analytics software business last year-to prices contributed…
Fortis Americas Takes Spryware Co-Lo
Fortis Clearing Americas last month completed the rollout of a hosted ticker plant and datafeed under a multi-year deal with Chicago-based vendor Spryware, designed to reduce the technology footprint required to support the firm's data system.
Essex Radez Rolls Out Hosted Historical Ticks
Market maker and trading technology provider Essex Radez will this week launch a new historical data product that provides hosted access to historical tick data going back to August 2006.
Ipreo Automates Meetings Data
Ipreo, the business created by the merger of Hemscott, i-Deal and MarketPipe, is preparing to launch a new service aimed at automating meeting communications as part of the investment research process between broker dealers and investment managers.
UBS Launches Structured Products Trading Platform
NEW YORK-Global investment banking giant UBS went into production with its Web-based structured products trading platform, SI Trader, late last week, UBS officials tell DWT .
Dealers Gain TradeWeb Stake
NEW YORK-Electronic trading of interest rates swaps is heating up as nine major global dealers have invested $180 million to gain a minority interest in electronic dealer-to-client over-the-counter (OTC) trading network Thomson TradeWeb.
Panel: FX E-Trading Flourishing in Asia
SINGAPORE-Growth in the foreign exchange (FX) market in Asia is leading to major operational changes in the way both buy-side and sell-side institutions do business, according to Justyn Trenner, CEO of market research firm ClientKnowledge. Summing up a…
Nymex, MX Ready New Canadian Bourse
NEW YORK-The Alberta-based Canadian Resources Exchange (Carex), a joint venture between the New York Mercantile Exchange (Nymex) and the Montréal Exchange (MX), is set to launch in the first quarter of 2008, although it might hit some regulatory snags…
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.