News
Riskdata offers 'bias ratio' to detect return smoothing
Riskdata, the Paris-based provider of buy-side risk management systems, has enhanced its core offering to prevent hedge funds from 'smoothing' their returns.
Moxy upgrade expands support for high net-worth managers
Advent Software has developed an upgraded version of its Moxy buy-side order management sys-tem, Moxy 6.0, with enhancements targeting operational requirements of institutional and high net-worth asset managers.
Exchanges Prepare for Penny Options Pilot Expansion
US options exchanges are bracing for an expansion of the pilot phase of quoting options in penny increments in September, though they do not expect to be overwhelmed by a deluge of new options data.
Chi-X Takes On LSE with UK Stock Data
Chi-X, the European equity market operated by broker Instinet, earlier this month began providing data and trading with continuous two-sided quotes on around a dozen large-cap stocks from the FTSE 100 index listed on the London Stock Exchange.
Vendors Continue Growth Path; Thomson-Reuters on Track for Regulatory Approval
Reuters, Thomson and Interactive Data each reported positive results for the second quarter of 2007 last week, and predicted a continuation of benign operating conditions for the market data industry. Revenue and profit growth was a theme across the…
Citi Signs for FTSE Infrastructure Index
Citigroup is the first investment bank to license the FTSE-IDFC India Infrastructure 30 Index—one of a new series of Indian infrastructure indexes launched by index provider FTSE Group last week in partnership with India's Infrastructure Development…
Bloomberg Shuffles 'Specialist' Sales
Bloomberg has reorganized the structure of its sales operations in a move designed to reduce management and reinforce its core terminal sales area as the main channel for customer sales activity, sources tell Inside Market Data .
MSCI Barra: Index Transition Costs Not Unreasonable
Index provider MSCI Barra is rejecting suggestions that changes to its global indexes over the coming year will cause investment managers to review their relationship with the vendor or even switch to alternative providers.
Huber Wraps TQA-Datastream Integration
German research firm and investment manager Huber Portfolio has finalized the integration of Thomson Financial's Datastream historical time-series and economic database with a recent deployment of Thomson's Quantitative Analytics (TQA) product, to enable…
NYSE Gives ArcaBook a Multicast Facelift
The New York Stock Exchange's NYSE Arca division will next week roll out a new version of its ArcaBook feed of limit order book data based on technology used by existing NYSE feeds, dubbed ArcaBook Multicast for Equities.
ISE Broadens Sentiment Data Lineup
The International Securities Exchange has announced plans to launch a new addition to its suite of products for measuring market sentiment, to include a broader and more granular range of data than is currently available in the ISE's other sentiment…