Trading Tech
Paremus Adds Clients with Low-Latency Messaging
LONDON-Two unnamed global investment banks plan to have pilot implementations of the OSGi-based Paremus Service Fabric (PSF) from Paremus up and running this spring, vendor officials tell DWT .
Capital IQ Revamps Comps, Expands Spotfire Visuals
Standard and Poor's Capital IQ subsidiary has rolled out a new release of its desktop data display platform that incorporates its revamped comparative analytics functionality, as well as updates to existing components to make it quicker and easier for…
Fixnetix Uncorks Burgundy Data
Low-latency data and trading technology vendor Fixnetix is in the final stages of conformance testing with Stockholm-based multilateral trading facility Burgundy, and will next month begin offering a low- latency feed of data from the trading venue, as…
QuantHouse to Update QuantFactory
Low-latency data provider QuantHouse will launch a new version of its QuantFactory automated trading strategy development framework next month that will be more robust, faster, and able to handle higher volumes of data when back-testing trading…
Keeping an Eye on the Prize
I must apologize in advance to all theoretical physicists out there, but I recently heard a wonderful joke. A dairy owner is trying to figure out how to maximize his milk production so he writes to the smartest man he knows-his brother, the theoretical…
Australian Securities Exchange to Adopt Genium Inet
SYDNEY-Operators of the Australian Securities Exchange (ASX) plan to retire the exchange's legacy Click XT trading platform from Nasdaq OMX and replace it with the Genium Inet trading platform, also from Nasdaq OMX, for its equities and derivatives…
European Regulators Okay Clearinghouse Interoperability
LONDON-Several European market regulators have recently published their positions on central counterparty (CCP) clearing linkages, and clearinghouses are preparing to take the next step in interoperability.
Icap Revamps Global Messaging Architecture
NEW YORK-As part of a broader infrastructure initiative intended to establish a services framework atop a high-performance low-latency messaging infrastructure, Icap Electronic Broking (IEB) is in the midst of deploying a global network of message…
Cost, Performance Concerns Dominate SIX Swiss Exchange
With the rise of multilateral trading facilities (MTFs) and systematic internalizers (SIs), European exchanges face challenges they never envisioned prior to the introduction of the Markets in Financial Instrument Directive (Mifid). DWT European reporter…
UNX Eyes Europe, Multi-Asset Support
NEW YORK-Execution management system (EMS) provider UNX plans to expand its UNX Catalyst Portal to include more assets and greater geographic coverage, vendor officials tell DWT .
Cinnober Gains Real-Time Clearing Client
STOCKHOLM-Trading and clearing platform vendor Cinnober has signed the first client-an unnamed firm-for its new real-time clearing platform, and is negotiating with three or four parties in Europe who are looking for a clearing system, vendor officials…
Introducing Brokers Ramp Up Application Spending
BOSTON-U.S. introducing brokerage firms are poised to increase spending on business applications this year, while clearing firms will compete to get more of that spending, according to the authors of a recent white paper from industry research firm Aite…
Options IT Lights Pipe in Interxion
Infrastructure-as-a-service vendor Options IT has expanded its Options Pipe direct feed and infrastructure management suite to hosting provider Interxion's London Financial Hub, to provide proximity to market data from major local markets.
StreamBase Opens Developers Sandbox
NEW YORK-Complex event processing (CEP) platform provider StreamBase Systems has built an online service that will allow financial industry IT developers to download and share reusable components in a global community, vendor officials announced today,…
Options IT Expands London Footprint
LONDON-Infrastructure-as-a-service (IaaS) provider Options IT has rounded out its connectivity offering for firms seeking to trade in the London-based markets with the deployment of its Options Pipe infrastructure in datacenter host Interxion's City of…
Beta-Gamma Debuts FX Algo Offering
LONDON-Foreign exchange (FX) tools provider Beta-Gamma Research has launched Trigger Trader, an algorithmic trading product aimed at lower- and mid-tier banks, vendor officials announced today, Feb. 15.
Tying Down the Cloud
Maybe it's me, but in all the discussion around the adoption of cloud computing, one topic has seemed to escape comment: How does cloud computing reconcile itself with the physical requirements of the trading world?
Making That Special Connection
Valentine's Day: a time for hopeless romantics, confessions of love, overpriced meals, and for separate parties to come together as part of a greater unity. No wonder, then, that CME Group and Dow Jones Indexes should choose last week to marry their…
Microsoft to Debut CEP in SQL
Microsoft plans to roll out its complex event processing platform, StreamInsight, as part of the next release of its SQL Server line in the second quarter.
Cloud Computing Must Overcome Cost, Security Concerns
LONDON-The twin issues of cost and security have major global banks wary of adopting cloud computing on a massive scale, according to industry participants who spoke during a recent cloud computing conference held in London.
MarketAxess to Integrate CTT, RFQs
NEW YORK-Electronic fixed-income trading venue provider MarketAxess plans to integrate its click-to-trade (CTT) capability with its request-for-quote (RFQ) capabilities for its European market, vendor officials tell DWT .
TT Targets Proximity-Based Trading Strategies
NEW YORK-Multi-asset trading technology provider Trading Technologies International (TT) expects to add proximity-based strategies to a yet-named new product in its Strategy Engine (SE) product line.
Thomson Reuters Steps into DMA with Aegisoft Buy
NEW YORK-Thomson Reuters has filled out its trading platform portfolio with the recent acquisition of execution management system (EMS) provider Aegisoft.
Bond MTF Vega-Chi Set to Go Live
LONDON-European convertible bond traders will have a new source of liquidity as the Vega-Chi multilateral trading facility (MTF) commences trading on Feb. 17, according to MTF officials.