News
Wombat Targets Algo Trading
LONDON—Market data feed handler Wombat Financial Software plans to release an algorithmic trading platform within a matter of weeks, DWT has learned.
ISE Launches FX Options Data
The International Securities Exchange last week began distributing data on currency options products that it began trading last Wednesday, officials say.
Exchanges Grow Q1 Data Revenues
Despite increased scrutiny from pressure groups of late, exchanges' revenues from market data services continue to rise, according to the latest round of financial statements from exchanges.
Commerzbank Taps Aleri for FX Pricing Platform
Commerzbank is gearing up to roll out a new foreign exchange pricing tool that will be used by the bank's FX staff around the world as well as being made available to clients via the bank's e-commerce portal, officials say.
Dow Jones Launches News Analytics for Algo Trading
Dow Jones Newswires last week launched Dow Jones News Analytics, a product that gives firms utilizing algorithmic trading strategies the ability to incorporate the impact of news into their trading models.
Asia Vendors Sign Data Deals
Tokyo-based trading software provider MetaBit Systems has signed a memorandum of understanding with Singapore-based data vendor NextView Pte to offer combined data and trading solutions to clients in the region.
After New Fees, Plus Markets Preps API
UK equity market operator Plus Markets Group is preparing the rollout of a new application programming interface (API) for market data connectivity as part of a recent technology overhaul, officials tell Inside Market Data .
Tibco Bolsters CEP Offering for Trading
Enterprise software developer Tibco Software will this week release version 2.0 of its BusinessEvents complex event processing application, featuring enhancements tailored for the real-time data and trading spaces, officials say.
Townsend, Vendors Carry NYSE Bonds Data
Townsend Analytics has made minor changes to its RealTick data and trading platform in order to accommodate additional functions and data fields required to carry fixed-income data from the New York Stock Exchange's NYSE Bonds platform, which goes live…
Eccleston to Reposition Pivot
Lou Eccleston, the new chief executive of US software vendor Pivot Solutions, has outlined plans to refocus the vendor as a broad provider of collaborative information solutions rather than just being known for its IMTrader messaging platform.
Colt to Link First Proximity Services Client
LONDON—Colt Telecom, a European provider of business communications services, has signed a contract with its first customer to provide connectivity to the Deutsche Börse using the exchange's Proximity Services.
Plus Markets Preps for RIE Status
LONDON—As part of its plan to attain recognized investment exchange (RIE) status by the U.K.'s Financial Services Authority (FSA), market operator Plus Markets Group is currently working to improve its systems, Plus Markets officials tell DWT .
Sun, Fujistu Launch Enterprise Server Line
NEW YORK—Software and server providers Sun Microsystems and Fujitsu recently launched a co-developed line of high-end enterprise servers, dubbed Sparc Enterprise Servers, officials from both vendors tell DWT .
Saga Rolls Out Orc Front Office
AKIREYRI, ICELAND—In preparation for its first day of trading, Iceland's Saga Capital Investment Bank has deployed multiple platforms from Orc Software for the bank's first day of trading on May 1, bank officials tell DWT .
Panel: Don't Outsource Your Grid Yet
NEW YORK—Although purchasing processor cycle time from third-party providers might be an economical way to expand a bank's grid infrastructure, now isn't the time to do it, say industry insiders.
HSBC Debuts Global Trading Platform
LONDON—HSBC has completed the global deployment of its new equities trading platform, bank officials tell DWT .