Korhammer is best known for founding electronic equities trading platform Lava Trading, which was acquired by Citigroup.
Under the deal, TRG will sell Vela's DART Terminal Usage Analytics tool, though Vela will continue to provide support services and ongoing development.
Vela Trading Technologies CEO Jen Nayar reflects on 18 months of change since taking the helm at the vendor.
New accout manager Steve Santivenere has spent 20 years in trading and trading technology sales roles.
The project reduces latency and footprint for a platform originally built by NYSE Technologies eight years ago.
Integrating Vela's feed handlers will allow Lime to offer its clients access to higher-performance and international data for building and testing trading strategies.
Officials say the new hires will bring a wealth of experience to Vela's sales, marketing and account management functions.
The former SR Labs COO took the personal decision to leave the vendor last month after his job responsibilities were relocated to the US.
What's in a name? It's not just your brand; It's also your calling card.
Officials say the vendor's new identity reflects the combination of the legacy SR Labs business and its Wombat acquisition.
The trading technology sales and trading veteran will be responsible for the vendor's North American sales beyond the East coast.
SR Labs' new Compressed Data Feed will allow the vendor to reach potential clients in regions outside primary financail centers, where high-bandwidth circuits may not be readily available.
Fellows previously spent nine years working with the Wombat product line that is now owned by SR Labs.
Integrating SuperFeed into the Adaptive Execution Platform will improve the performance of Quod’s trading applications.
The expanded header message increases OPRA message sizes by 30 percent overall, participants say.
The vendor is moving ahead with a "refined" development process that combines its own technology with that of its Wombat acquisition.
Cacciola joins SR Labs after holding various sales and account management roles at content and technology providers.
Appointment of industry veteran will strengthen the vendor's management for the next level of growth, officials say.
Te vendor will leverage Lane's experience in real-time feed solutions and infrastructure sales.
The development efforts aim to boost uptake of the open-source OpenMAMA messaging layer.
The move will reduce latency for customers in the new datacenters accessing the consolidated feed.
Miller joins with 15 years' experience in derivatives trading and prime brokerage.
The advisory group will comprise firms that are unable to participate in OpenMAMA's steering committee.
Nayar replaces Richard Korhammer, who left the vendor in March.