News
ING Investment Management Americas upgrades desktops with IPC's IQ/MAX
ING Investment Management Americas, a unit of Dutch financial services firm ING with more than $195 billion under management, has upgraded its trading floor in New York with communications technology developer IPC's IQ/MAX turret system.
Month in Numbers
'Throwing spaghetti on the wall and seeing what sticks won't let you control the risk associated with the execution'
BNY ConvergEx Preps For Reg NMS
Just over six months ago, The Bank of New York (BNY) partnered with buy-side order management system provider Eze Castle Software and private equity firm GTCR Golder Rauner to launch the institutional trading and investment technology firm BNY ConvergEx…
Dexia, AEMS to Develop Mifid-Ready ORM
PARIS—Dexia Securities, a division of Benelux-based Dexia Bank, announced recently that it has formed a partnership with Atos Euronext Market Solutions (AEMS) to develop an order management relationship (ORM) for the post-Markets in Financial Instruments…
Xenomorph Adds Tick Data to TimeScape
UK-based data management software vendor Xenomorph has added a new tick-capture engine to its flagship TimeScape product, to provide more granular analysis of intra-day data for strategy testing and risk management, officials tell IMD .
Interactive Data Prepares MiFID Offerings
Interactive Data last week announced that it is developing a series of products to help clients comply with the European Commission's Markets in Financial Instruments Directive (MiFID).
CBOE, CBSX to Extend Activ Data Installation
The Chicago Board Options Exchange plans to expand an installation of Activ Financial's ticker plant technology to provide equities market depth data to the exchange's 441 options traders.
Mitsubishi Deploys Gissing Contribution Tool
The Rates Trading Group of Japanese bank Mitsubishi UFJ Securities International (MUSI) has deployed a new pricing system across its London and Tokyo offices to calculate and distribute rates for bonds, swaps and futures contracts via linked spreadsheets…
Thomson Launches Credit Tool for Multi-Asset Analysis
Thomson Financial is in the process of rolling out a new Credit Analysis module as part of its Thomson One family of products, which ties together corporate bond, credit default swap and equity data using a series of cross-asset class analytics to enable…
OMX Integrates Cicada for New Feed
Nordic exchange operator and technology provider OMX will retire its legacy Targin market data platform when it introduces the OMX Genium Market Info feed next year, which is largely built around the Composer Plus system from Cicada.
Quant House, Sybase Partner for Back-Testing Tick Data
French low-latency data and trading technology vendor Quant House has partnered with database specialist Sybase to launch an on-demand, back-testing service for automated trading strategies.
Lehman Unveils New Data Controls
Lehman Brothers is expanding an ongoing market data cost control initiative to cover new areas, and is introducing a new process to make data consumers regularly re-validate the data services to which they subscribe and hence eliminate unused data…
BNY Convergex Preps Ticker Replacement
BNY Convergex is rolling out the Market Information Server ticker plant from Chicago-based vendor Spryware in response to the demands of Reg NMS, replacing a legacy ticker plant that the firm had built in-house.
Essex Radez Delivers Clarity
Market maker and trading technology provider Essex Radez will this week introduce a new tick history service for equity, futures and options quote and trade data, to allow users to query data in a non-real-time environment.
Currency Hampers Reuters Revival
US vendors found first-quarter revenues boosted by currency fluctuations last week, while UK-based Reuters was frustrated by a near-eight percent negative impact from foreign exchange, which dragged reported revenues down by just over one percent—even…