Trading floor technologies
Canadian Markets Prepare for High-Frequency Trading
TORONTO-Although dark liquidity and high-frequency trading are less prevalent in the Canadian markets compared to the U.S. and Europe, rule proposals from the country's securities regulators appear to be pushing leading Canadian trading venues to enhance…
Pure Trading Girds for High-Frequency Trading
TORONTO-Operators of the Pure Trading Canadian alternative trading system (ATS) are braced for an onslaught of high-frequency trades as a number of U.S. trading firms connect to the platform later this month.
Panel: HFT, Dark Pools Not Synonymous
NEW YORK-As the U.S. Securities and Exchange Commission (SEC) examines market structure with an eye toward new rules for the markets, it is likely to find that high-frequency trading accounts for very little of the activity in dark pools of liquidity,…
Agency Consortium Backs New Crossing Network
NEW YORK-In an attempt to give its members better control over block order trading flow, agency brokerage cooperative Mahogany Partners has announced a technology alliance with ConvergEx to deliver a multi-crossing network front end to its partners…
Aegisoft Rolls Out Algo Back Tester
NEW YORK-Execution management system (EMS) and FIX validation vendor Aegisoft has recently launched its Java-based Algo Back Tester (ABT) platform, which allows developers to hone their algorithms using real-time and historical market data.
Townsend Rolls Out Trading API Update
CHICAGO-Multi-asset trading platform provider Townsend Analytics recently debuted the version 3.0 of its RealTick application programming interface (API), which sports a new QuickStart application that simplifies code development and expanded…
Aleri Slates Platform Integration for 2010
CHICAGO-After its acquisition of Coral8 in the first quarter of this year, complex event processing platform vendor Aleri plans to have the next generation of its architecture fully backwards compatible for both legacy platforms beginning in 2010, vendor…
Panopticon Eyes EX Update
LONDON-Data visualization platform provider Panopticon Software expects to release version 5.3 of its Panopticon EX offering on Nov. 5 with a quick followup release of version 5.4 of its Panopticon Developer (PD) software development kit (SDK) on Nov. 23…
BT Preps New Soft Turret
LONDON-Three unnamed investment banks and brokerages are pilot testing iTrader, an open-standards collaborations platform from telecommunications giant BT, which is slated for general availability by the end of the year, DWT has learned.
Interactive Brokers Readies Mobile Trading Release
GREENWICH, CONN.- Traders who use Apple iPhones will be able to step away from their desks as prime broker Interactive Brokers (IB) is preparing to launch an iPhone-enabled version of its Trader Workstation (TWS) trading front end, dubbed iTWS, brokerage…
Chi-Tech Adds FTEN To MarketPrizim
LONDON-Officials from trading infrastructure provider Chi-X Global Technology (Chi-Tech) announced today, Sept. 7, that the vendor has integrated pre-trade risk management and high-frequency execution capabilities from FTEN into its low-latency trading…
Cognitive Capital Takes Orc for Low Latency
NEW YORK-Chicago-headquartered proprietary trading firm Cognitive Capital has selected FIX protocol connectivity and risk management tools from trading platform and market connectivity provider Orc Software, officials announced today, Aug. 31.
SEB Gird for Nordic Fragmentation
STOCKHOLM-As the Nordic markets continue to fragment, Swedish bank Skandinaviska Enskilda Banken (SEB) has put a number of projects in place to deal with the new market structure and to prepare for the introduction of a central counterparty clearing (CCP…
Caplin Upgrades Web-Based Application
LONDON-Data and trading technology vendor Caplin Systems is launching a new version of its Web-based trading application Caplin Trader with support for version 3.5 of the FireFox Web browser and enhancements to the user interface, say officials.
‘Integration' Key Driver In Vhayu Buy
NEW YORK-Thomson Reuters has acquired real time-enterprise tick data technology provider Vhayu Technologies in order to achieve better integration between the two vendors' product sets, officials from both vendors say, declining to disclose the financial…
TradeHelm Prepares White-Label Deals
CHICAGO—High-frequency trading environment provider TradeHelm is in the midst of a number of white-label deals for its ACTrader platform, DWT has learned.
Bloomberg Debuts 3G B-Smart Auto Algo
NEW YORK-Trading system and market data provider Bloomberg recently introduced the third generation of its B-Smart Auto trading algorithm, which allows users to automatically set how aggressively they want their trades executed.
TT Readies Exchange Gateway Betas
CHICAGO-Derivatives trading platform provider Trading Technologies International (TT) expects to go live with gateways to Icap's EBS foreign exchange (FX) trading venues and the London MetalsExchange (LME) by the end of the quarter, according to…
Orc Software Readies Orc Trading Beta
LONDON-Trading platform and market connectivity provider Orc Software will start beta testing the latest version of its electronic trading platform, Orc Trading, in the next few weeks, in preparation for an October launch, according to officials.
Portware Readies New Options Front End
NEW YORK-Execution management system (EMS) provider Portware is currently testing a new options front-end trading system, dubbed Portware Options, slated to be released between the end of the third quarter and the beginning of the fourth quarter this…
IP Trade Expands Asia Business
NEW YORK-In order to expand its business into new markets, Internet protocol- (IP)-based trading communications platform provider and turret vendor IP Trade will open a new office in Asia later this summer, DWT has learned.
Alpes Broadens Apama CEP Use for Risk
SÃO PAULO-To aid in its entrance to high-frequency trading on the Brazilian BM&FBovespa electronic exchange, local broker-dealer Alpes Corretora de Câmbio, Títulos e Valores Mobiliários plans to develop post-trade risk management strategies using complex…
Citi Adopts TradeSmart, Sunsets LavaX
NEW YORK-Global banking giant Citi has chosen to replace its internally developed single-stock LavaX execution management system (EMS) in favor of deploying the hosted multi-asset class TradeSmart platform from EMS provider TradingScreen.
Algorithmics Enhances Real-Time Risk Product
TORONTO-Financial risk management software provider Algorithmics is preparing to launch a new version of its Counterparty Credit Risk product, with enhancements in real-time risk management, in October this year, officials tell DWT .