Trading Tech
Maitland stops the clocks
Maitland Fund Services, based in the South African buy-side stronghold of Cape Town, has, according to Nick Baikoff, the firm's head of asset services, altered the clock speed for itself and its clients by developing a real-time front- to back-office…
SunGard integrates algo tools with QuantHouse feeds
SunGard has integrated its smart order routing and algorithmic trading tools, GL Stream and GL Tactics, with market-data feeds from QuantHouse, the Paris-based provider of ultra-low latency market-data technologies.
SunGard to use StreamBase CEP for product development
Units of financial technology juggernaut SunGard are to use StreamBase Systems' complex event processing (CEP) platform for various product and infrastructure development projects to improve delivery to end users.
DST Global Solutions launches risk consulting service
DST Global Solutions' Investment Management Solutions (IMS) business has launched a range of risk consulting services to address various aspects of buy-side firms' risk management challenges. Edward Dumas, DST Global Solutions' head of risk solutions for…
Instinet to take Asian dark-pool plunge
Dark pools, already a well-established facet of the buy-side trading landscape in the US, western European and Scandinavian markets, are primed to appear in Asia. Given the speed with which they became an integral part of the markets in which they…
A rude awakening
Many aspects of buy-side technology and operations have had to grow up fast following the collapse of Lehman Brothers. Collateral management, for many firms a low-priority function entrusted to Excel spreadsheets before the credit crunch, is the stand…
Advent upgrades Geneva and APX applications
Advent Software has launched upgrades to its Geneva back-office platform and Advent Portfolio Exchange (APX), the San Francisco-based vendor's portfolio management product, as part of a year-long initiative to roll-out enhancements to its entire suite.
Immediate risks, distant rewards
Research from Greenwich Associates and Omgeo published in February examines more pro-active hedge fund approaches to risk management aimed at dealing with counterparty risk and investor demand. Meanwhile, studies from Tabb Group and Celent Communications…
Omega Eyes Expansion with Atrium Link
Canadian alternative trading system Omega ATS is connecting to an "Exchange Ring" network of multiple Canadian trading venues provided by Atrium Network, to expand the ATS's potential client base of trading participants by making it easier for firms to…
Atrium Plans FX Fiber Ring
NEW YORK-As part of an ongoing project, network provider Atrium Network plans to finish the deployment of a network dedicated to foreign exchange (FX) connectivity by the end of the year, according to vendor officials.
Quod Prepares May Update for AEP
LONDON-Trading execution technologies provider Quod Financial will be launching an updated Version 5 of its Quod Financial Adaptive Execution (AEP) platform in May, say vendor officials.
Overcoming the Options Dilemma
As more institutional investors open their portfolios to equity options, sell-side broker-dealers face the challenge of executing instructional-sized orders in a market that is typically less liquid than equities.
Opening Cross: "Fragmented" Doesn't Mean "Broken"
This issue of Inside Market Data should be accompanied by our latest special report on Fragmentation (also available on our Web site), which includes a spirited Q&A on the changes to European equity markets since the introduction of the recent Markets in…
DTN Upgrades ProphetX Display
Commodities and energy data provider Telvent DTN has released version 3.7 of its ProphetX data display workstation, featuring a range of new content and displays designed to make the system more configurable to individual users' needs.
Cervalis Taps HFN for Network Access
Co-location and hosting services vendor Cervalis is using Paramus, NJ-based network provider Hudson Fiber Network to provide connectivity to its new Passaic County, NJ facility, giving clients hosted there low-latency access to US exchanges via HFN's X…