Trading Tech
SunGard Expands Data Access Options
SunGard's Global Trading division has integrated market data feeds from French low- latency data vendor QuantHouse with its smart order-routing and algorithmic trading solutions, while SunGard's Fame business is releasing new capabilities to make it…
Ancerno Debuts Web-based Trade Compass
NEW YORK-Transaction cost analysis (TCA) tools and consulting services provider Ancerno is nearing its first major milestone of moving its entire TCA offerings to the Web, vendor officials announced today, March 1.
IPC Upgrades South African Footprint
NEW YORK-Trading communications platform vendor IPC Systems expects to see an upswing in electronic trading in the South African market as it nears the completion of the deployment of a new delivery mechanism for IP-based voice and message traffic,…
Totan Group Rolls Out BT ITS.Netrix
TOKYO-Japanese interdealer broker Totan Group has selected to deploy global telecom giant BT's ITS.Netrix turret platform on the firm's new trading floor, vendor officials announced today, March 1.
Safe From the Startup
Risk Technology
It's Back
After the U.S. Securities and Exchange Commission (SEC) repealed the "uptick" rule in 2007, I remember asking a CTO of one of the major market-makers at the time if we would ever see its return. I didn't realize the floodgates I was opening. He went on…
SIX Telekurs Adds IM to iD
SIX Telekurs plans to incorporate an instant messaging feature into upcoming versions of its Telekurs iD desktop data display application, to facilitate communications between different users of the product, officials tell Inside Market Data .
Second Client Tests TXC
NEW YORK-Trading Cross Connects US (TXC) has a second high-frequency trading client that began test trades last week, says a senior official.
Revised GIPS standards focus on pricing and risk management
The CFA Institute, the Virginia-based investment industry group, has rolled out a new version of its Global Investment Performance Standards (GIPS) emphasising stronger valuation and risk management practices.
Editor's Letter - This one's a goner
Naked sponsored access is as good as gone. I cannot see how there can be any other conceivable conclusion to the SEC's January 13 proposals than an immediate ban on the practice whereby non-member trading firms are granted unsupervised access to…
Getting the balance right
Outsourcing is an established model for managing technology. For many buy-side firms, particularly smaller ones with increasingly complex technology demands, being able to access the services and skills-base of a large supplier can be an effective way to…
Opportunities and efficiencies
This month's analyst research focuses on three diverse subjects - centralised clearing of OTC instruments; the rise in popularity of commission-sharing agreements; and the development and implementation of high-performance database systems. All three…
Many moving parts
The number of compliance issues facing the buy side has little precedent in recent history, just as managers are grappling with shifting market and risk conditions in a post-recession world. The way forward is no less challenging – the obstacle is not…
Odyssey rolls out on-boarding tool to global client base
Private banking and wealth-management software developer Odyssey Financial Technologies has made its Client On-boarding & Maintenance application for more efficient and automated account opening available worldwide.
ASB Bank completes second phase of Calypso roll-out
Auckland-based ASB Bank has completed the second phase of a Calypso project to implement its cross-asset, front-to-back treasury platform for foreign exchange, money market, interest-rate derivatives and risk (including limit management, enterprise risk,…