Trading floor technologies
UNX Readies Catalyst EMS Release
NEW YORK-Agency broker and technology provider UNX will go live with its new hosted broker-neutral execution management system (EMS), dubbed Catalyst, within a month, DWT has learned.
Lightspeed Seeks Multi-Asset High-Frequency Platform
NEW YORK-Agency brokerage Lightspeed Trading plans to introduce multi-asset capabilities to its high-velocity trading Lightspeed Gateway platform, DWT has learned.
Ullink Expands Market Coverage via BGC Link
PARIS-Traders seeking more liquidity in credit and foreign exchange (FX) products can now access interdealer broker BGC Partners' eSpeed trading platform and the nascent ELX Futures exchange using a new gateway application programming interface (API)…
Progress Software Adds Lime as Destination
NEW YORK-Users of the Progress Apama Algorithmic Trading platform can now route their execution strategies through agency brokerage Lime Brokerage, according to Progress Software and Lime officials.
Tradewire Adopts SunGard Liquidity Services
MIAMI-Institutional and private trading broker-dealer Tradewire Securities, which focuses on U.S. and Latin American markets, has selected the correspondent clearing and liquidity services tools from financial technology software and services provider…
Aleri, Correlix Enter Latency Pact
NEW YORK-To provide customers using a complex event processing (CEP) engine with latency information and monitoring tools, real-time network latency monitoring platform provider Correlix and CEP technology vendor Aleri have formed a joint alliance,…
Panel: Algo Adaptability a Must
LONDON-As electronic trading continues to grow and expand to new markets, industry participants predict that algorithms will become more sophisticated and will be able to cope with adverse conditions more easily, according to industry insiders.
Traderforce Debuts Revamped Platform
PARIS - In order to improve performance and to offer users a simpler working environment, thin-client trading, analytics and risk management platform vendor Traderforce has rewritten the architecture for its platform and rebranded it as mottai, officials…
Microsoft Ready to Join CEP Fray
NEW YORK-Software giant Microsoft is in the final stages of preparing for the July launch of its beta testing and technology acceptance program (TAP) for its complex event processing (CEP) offering, which it plans to ship in the first half of 2010, say…
MetaBit Turns to Solace for Performance Bump
TOKYO-In order to boost the performance of its trading offerings in the Asia-Pacific markets, trading technology provider MetaBit plans to embed low-latency, high-throughout Solace 3260 Content Routers from hardware-based middleware and messaging…
Thomson Reuters Adds Commodities to NewsScope
NEW YORK-Black-box traders have another tool at their disposal, as Thomson Reuters expands the coverage of its Reuters NewsScope Sentiment Engine (RNSE) with a new module that covers the commodities and energy markets, officials plan to announce Tuesday,…
Open-Source OMS Adds Real-Time Capabilities
SAN FRANCISCO-The latest release, version 1.5, of the open-source order management system (OMS) from vendor Marketcetera now includes features to help traders scale, support multiple users and get deeper real-time reporting on profit and loss (P&L) for…
DJ Co-locates Elementized Feeds
LONDON - U.K.-based algorithmic traders using the Dow Jones Elementized News Feed should expect microsecond latency as the vendor plans to collocate its service in Equinix's London-Slough (LD4) International Business Exchange (IBX) datacenter sometime in…
Saratoga to Deploy Nirvana Multi-Prime Platform
NEW YORK-Mini-prime brokerage Saratoga Prime Services plans to provide its small and midsize hedge fund clients with a real-time portfolio management system from Nirvana Solutions, broker officials announced today, May 4.
Deutsche Bank Debuts Portfolio Algorithm
NEW YORK - In order to give traders more control in the volatile and fragmented markets, Deutsche Bank's Autobahn Equity multi-broker trading platform is preparing to introduce a trading algorithm-Optimal Portfolio Execution (OPX)-designed to execute…
HSBC Offers Direct Market Access in Brazil
SÃO PAULO-HSBC has added Brazilian equities to the list of destinations to which it offers direct market access (DMA), officials will announce this week.
ITG Releases List-Based Algo to Europe
LONDON-Officials at agency brokerage and crossing network provider Investment Technology Group (ITG) announced today, April 20, the addition of a new list-based algorithm, dubbed Dynamic Implementation Shortfall (Dynamic IS), to the European markets.
Pivot Launches into OTC Natural Gas Markets
JERSEY CITY, N.J.-Secure instant messaging (IM) platform provider Pivot has released today, April 20, Instant Markets for the over-the-counter (OTC) natural gas markets that will consolidate a trader's instant messages into a single market view, DWT has…
Fixnetix Debuts Risk Management Suite
LONDON-U.K.-based low-latency trading connectivity and market data distribution vendor Fixnetix is launching iX-Risk Control, a risk and limit management suite that integrates with its trading connectivity product iX-Trade, direct market data feed iX…
InfoReach to Update TMS
CHICAGO-Officials from trading platform provider InfoReach tell DWT that a major upgrade to the vendor's Trade Management System (TMS) is approximately a month away.
Swedbank Readies Nordic Markets SOR
STOCKHOLM-In preparation for the launch of the Nordic multilateral trading facility (MTF) Burgundy on May 8, Swedbank plans to offer a smart order routing (SOR) service to its institutional and retail clients, bank officials announced today, April 20.
Sydbank Revamps Trading Floor
AABENRAA, DENMARK-Danish financial firm Sydbank went live with its redesigned trading floor last week, officials announced today, April 20. The initiative is the foundation of a larger project that aims to unify communications on the bank's trading floor…
BNY ConvergEx Brings Algo Trading for Brazil Online
Despite the global economic downturn, interest in accessing the large emerging markets has not subsided. Asset mangers are seeking to diversify their portfolios geographically. One of the hottest markets is Brazil. In this issue, DWT looks at how the…
StreamBase Debuts FX Aggregation
NEW YORK-Users of the StreamBase engine from complex event processing (CEP) software vendor StreamBase Systems will now have the ability to aggregate foreign exchange (FX) venues using the latest version of the product released today, April 6.