News
HKEx Preps Closing Auction
HONG KONG—Hong Kong Exchanges and Clearing Limited (HKEx) is preparing to implement an end-of-day closing session for all securities, with an aim to "improve the determination of securities closing prices, facilitate trading at market close and enhance…
Taifex Enlists BT Radianz for International Direct Feeds
The Taiwan Futures Exchange last week began providing its market data via BT Radianz's financial extranet, under a deal between the two to provide international trading firms with direct access to the exchange's datafeed.
GL Cross-Connects to Other Networks; Closes PoPs
French data and trading technology vendor GL Trade is in the process of decommissioning redundant points of presence (PoPs), allowing the vendor to free up funds to invest in new access points in other regions, officials tell Inside Market Data .
Murdoch: No DJ Sell-Offs or Layoffs
News Corporation chairman and chief executive Rupert Murdoch last week committed to preserve the businesses and staff of Dow Jones, and to expand its real-time information business against key news rivals Reuters and Bloomberg, during News Corp.'s Q4…
KTS-Arcontech Targets In-House Deploys
UK data display software vendor Knowledge Technology Solutions last week bought Arcontech, a London-based provider of feed handlers and market data technology, in a move intended to accelerate KTS's strategy of licensing its browser-based data software…
Revere Increases Data Focus on Canadian BioPharm, MedTech Stocks
San Francisco-based data and research provider Revere Data has expanded its range of data available on equities and related companies in the Canadian bio-pharmaceutical and medical technology sectors, where the vendor says it is seeing increased demand…
Thomson Adds Chi-X Data
Thomson Financial is to distribute real-time market data from Chi-X, the MiFID-inspired European equity market operated by broker Instinet, via its key data products and feeds, as part of a strategy to bolster the data carried by the vendor resulting…
OptionsXpress Integrates Aspen Tools
Online options broker OptionsXpress is integrating components of Aspen Graphics' charting and technical analysis tools into its trading API, to increase the broker's appeal to sophisticated individual futures and options traders, officials tell Inside…
ISE: Data Rises Could Reverse
The International Securities Exchange is predicting falls in market data revenues, despite last week reporting an 8.1 percent rise in data revenues for the second quarter to $4.4 million.
Edgar Adds Summaries for Buy Side
Filings and company information provider Edgar Online has created new display options for clients viewing data using the vendor's I-Metrix Professional, a Web-based tool for accessing financial statements tagged in eXtensible Business Reporting Language …
NeoNet Preps Three Mifid Routers
NEW YORK—Global agency brokerage NeoNet Securities is developing three new synthetic order routers to satisfy a component detailed in the E.U.'s Markets in Financial Instruments Directive (Mifid), which calls for new order types, DWT has learned.
RTS Offers Singapore Exchange Gateway
SINGAPORE—The Singapore Exchange (SGX) announced an expanded cooperation with independent software vendor (ISV) RTS Realtime Systems Group, allowing RTS customers to access SGX through the vendor's multi-asset trading platform, Realtime Trading Desktop …
Inside BNP Paribas' Peak Performance
LONDON—On a serene London side street next to the Marylebone railway station sits BNP Paribas' U.K. headquarters. The building is a labyrinth of ceilings and stylish cladding, which nestle around a central atrium. Inside, Andrew Mullock, the London-based…
4th Story Adds HotSpot FX Support
SAN FRANCISCO—Algorithmic trading software vendor 4th Story has connected its multi-asset-class strategy trading platform 4S.Everglade to foreign exchange (FX) ECN HotSpot FXi, vendor officials announced last week.
Pabuk Halts HKEx Trading
Trading in the securities and derivatives markets on the Hong Kong Exchanges and Clearing Ltd. (HKEx) was terminated 15 minutes into its Friday-afternoon session after the Hong Kong Observatory, the local government-owned meteorological center, issued a…
Turquoise to Go X-Stream
LONDON—Multilateral trading facility (MTF) Project Turquoise is in the midst of hammering out a contract with Swedish exchange operator and technology vendor OMX Group, which will provide the bank-led consortium with its X-Stream trading platform, says a…
Fidessa Adds Morgan Stanley to EMS
LONDON—Order management system (OMS) and market data provider Fidessa announced today, Aug. 13, an agreement to distribute Morgan Stanley's electronic trading services through its new Fidessa LatentZero execution management system (EMS).
ICE to Double OTC Valuations Frequency
The Atlanta-based IntercontinentalExchange (ICE) is planning to provide more frequent valuations of long-dated over-the-counter forward swaps, options and exotic derivatives via its Market Price Validation (MPV) product for benchmarking and validation of…