News
Thai Bourse Upgrades Matching Engine
HONG KONG-The Stock Exchange of Thailand (SET) is investing $1.5 million to move to a new trading engine by the beginning of next year and upgrade network connectivity in 2009. The changes are part of SET's latest IT plan, dubbed the "Next Generation…
Data Key to Nasdaq's Boston Buy
Nasdaq officials say the exchange will leverage quote data and symbology assets acquired via its $61 million purchase of the Boston Stock Exchange last week to increase data revenues and attract new listings.
Saxo Taps Aegis for Exchange Simulation
COPENHAGEN-Online foreign exchange (FX) trading firm Saxo Bank has selected Aegis Software's product to replace its legacy FIX and exchange-specific messaging protocol connectivity testing system, bank officials tell DWT .
CAPIS Deploys Pivot for Trading, Research
Dallas-based agency broker and research provider Capital Institutional Services is deploying technology from trade messaging and collaboration infrastructure provider Pivot, to automate trade order messages and for distribution of investment research.
CME Rolls Out FIX FAST For Data
The Chicago Mercantile Exchange has begun using a FIX FAST (FIX Adapted for Streaming data) format in live production for distributing market data at lower latency and reduced bandwidth consumption, officials say.
Aleri Partners, Appoints Tech Gurus
Chicago-based event processing software vendor Aleri has struck a deal with low-latency data provider Fixnetix to offer clients hosted access to the vendor's analytical capabilities, and has hired data industry veteran Ian Hillier-Brook to pursue further…
Capis to Distribute Research Via Pivot
DALLAS-Agency brokerage Capital Institutional Services (Capis) announced today, Oct. 1, that it will start distributing independent research via AOL Instant Messenger (AIM) connections using the Pivot 360 platform from Pivot.
The Final Countdown
MiFID will become law in Europe on November 1, driving significant change in the data community and creating competitive opportunities. While large investment firms will be ready for the M-Day, related reference data challenges will stay on the agenda…
Quant House Builds Chi-X Handler
French low-latency data and trading technology provider Quant House has completed the development of a feed handler to carry data from Instinet's MiFID-inspired European trading venue, Chi-X, to allow automated trading operations to process Chi-X market…
ICE Revamps Historical Data Delivery
The Atlanta-based IntercontinentalExchange is launching a new Web site that will provide access to historical data for products traded on its ICE Futures Europe market, and will also incorporate historical data on US over-the-counter traded contracts.
FASB Rule Leads Funds to Change Side-Pocket Valuations
Valuation processes used by hedge funds to price illiquid investments held in so-called "side pockets" are being disrupted by the Financial Accounting Standards Board's Statement 157, auditors warn.
SGX Targets International Firms with TNS Direct Feeds
The Singapore Exchange has gone live with a connection to Transaction Network Services' Secure Trading Extranet, to provide trading firms outside Singapore with access to direct feeds of data from SGX's securities and derivatives markets.