News
New LIM Releases Simplify Queries, Fix Java Bug
Logical Information Machines, a Chicago-based provider of financial, energy and commodities data, last week released the latest version of its XMIM analytical software that simplifies the way that users construct queries to run on market data.
ICE to Migrate Nybot Data Feeds, Tech
The Atlanta-based Intercontinental Exchange is planning to combine its data with market data from the New York Board of Trade, which ICE acquired in January, on a single datafeed, as well as via a new broadcast feed to be developed specifically for…
Nasdaq OMX Targets Data Growth
Nasdaq and Nordic exchange group OMX, which announced plans to merge as Inside Market Data went to press on Friday, say that the proposed takeover will allow the combined exchange group to provide broader and richer market data, and to increase its…
BEA Announces CEP, Real-Time Platform
Enterprise software vendor BEA Systems will this week announce the upcoming launch of WebLogic Event Server and the release of version 2.0 of its WebLogic Real-Time platform this summer, which will improve the ability of Java-coded applications to handle…
SuperDerivatives Launches Cross-Asset Correlation Data
Derivatives data and pricing software vendor SuperDerivatives will this week launch an end-of-day correlation data service, having rolled it out to a number of banks and hedge funds as part of a “soft launch” during recent weeks.
LSE Preps Low-Latency ‘Channel’ Pilot
The London Stock Exchange will begin piloting a new low-latency feed delivery option when the exchange introduces its TradeElect trading platform on June 18, officials say.
Turquoise Reveals Plans for Hybrid Model
LONDON—Markets in Financial Instruments Directive (Mifid)-inspired multilateral trading facility (MTF) Project Turquoise will offer a hybrid trading model—incorporating both displayed and non-displayed liquidity—once the bank-led consortium goes live…
BayernLB Rolls Out Etrali Turrets
German bank Bayerische Landesbank (BayernLB) has rolled out Etrali Mach 3D terminals from Orange Business Services, officials announced today. The new turrets replace dealerboards from turret provider IPC. Officials from IPC decline to comment
BEA Leaps Into Complex Event Processing
NEW YORK—To address Java’s shortcomings in complex event processing (CEP) environments, BEA Systems announced today the planned summer launch of its WebLogic Event Server (WLES) and version 2.0 of its WebLogic Real-Time (WLRT) platform.
FIX City to Launch Fixed-Income IOI
LONDON—Officials from FIX City, a provider of software for FIX-based indications of interest (IOI) announced last week plans to launch a multi-asset support for the vendor’s IOI platform Ioinet this summer.
Nasdaq Makes Tech Buy with OMX
NEW YORK—The Nasdaq Stock Market plans to acquire exchange operator and technology provider OMX Group in a deal valued at SEK25.1 billion ($3.7 billion) and re-brand the new entity Nasdaq OMX Group, officials from both exchanges announced on Friday.
CIB Taps Etrali for Shanghai Trading Floor
SHANGHAI—As part of a new dealing room deployment, China Industrial Bank (CIB) plans to roll out 70 Mach 3D turrets from Orange Business Services (OBS)–Trading Solutions, née Etrali, in early June, a vendor official tells DWT.
Panel: Derivatives Automation Wanting but Needed
LONDON—Although the derivatives industry has seen an upsurge in post-trade automation, it’s not enough to meet the current demand, say industry participants who spoke last week during a panel discussion on the topic hosted by GL Trade.
Panel: Latency Measurements Need Help
LONDON—Although cutting message latency remains a top priority for most firms, the industry still needs to address standard measurements and performance optimization in order to conqueror it, say exchange, market data and network provider officials
CBOT Traders Await LDB Decision
Traders who use the Chicago Board of Trade's Liquidity Data Bank volume data to support trading strategies are concerned that the product will be withdrawn if the Chicago Mercantile Exchange's proposed takeover of the CBOT goes ahead.
Interfax Seeks Bloomberg Boost with News Trial
Russian news and market data agency Interfax is offering a free, two-week trial of its content to all Bloomberg Professional terminal users, starting today, Monday May 21, in a bid to increase usage of Interfax's content via Bloomberg.
STAC: Multi-Core Suns Tame Opera
Using a technology stack comprising the latest multi-core Sun Microsystems hardware and operating systems could enable firms to handle anticipated data traffic rises for the Options Price Reporting Authority's data feed while also reducing their hardware…
vwd Preps for Listed Status
As Inside Market Data went to press Friday, German market data vendor vwd group announced plans to go public and raise further capital in the second half of 2007 by completing a long-awaited downstream merger process with börsen-informations-systeme (b.i…
Telekurs to Merge with SWX, SIS
The SWX Swiss Exchange is expected to combine elements of its data infrastructure with those of data vendor and payment services provider Telekurs Group under plans for a three-way merger announced by the exchange last week that also incorporates…