Trading Tech
Bottom-up reform
What little difference a year makes. Twelve months ago, financial services participants, observers and press - including yours truly - were anticipating major regulatory overhauls and new oversight of the industry following Barack Obama's election and…
Another bulge-bracket client down south for Charles River
Public Investment Corporation (PIC), the wholly-owned investment management arm of the South African government founded in April 2005, and one of the largest fixed-income and money market investment managers in Africa with approximately $100 billion…
Adapt or die
Smart order routing is not a new phenomenon for buy- and sell-side organisations, but the tools that let firms route trades according to their own specific criteria have evolved significantly over the last two years. Gone are the days when these…
CMA Expands Latin America Network
NEW YORK-Brazilian trading platform, market data and network connectivity provider Consulting, Methods, Advisory and Mercantil (CMA) has established a new route to local broker-dealers in Latin American markets by adding Miami-based broker-dealer LatAm…
Guest Editorial - Evolving to Meet New Challenges
Ray D'Arcy recaps the year in which he became president and CEO of Interactive Data Corp., and looks ahead to 2010
Regulators Take Aim at Flash, High-Frequency Trading
Regulators spent much of early 2009 in the spotlight for failing to spot and halt Ponzi schemes like Bernie Madoff's, but shifted the focus in the latter half of the year to practices surrounding algorithmic and high-frequency trading, to the distress of…
Economic Woes Drive Data Caution
The economy continued to overshadow data strategies and decisions in 2009, and even though the markets have shown a swift recovery in some quarters, continued uncertainty about the economic climate is prompting firms to take a cautious approach to…
Latency: Industry Ups Focus on Measurement
The race to zero of eliminating latency from data distribution and processing continued apace in 2009, though firms also became more critical of their ability to accurately measure latency, to assess their status compared to their peers.
CEP Consolidates Position as Technology Matures
Complex event processing software vendors pushed into new business areas in 2009 as CEP gained adoption for mainstream applications, and to mitigate the impact of the economy with a diversified product set.
InfoNgen Preps Internal Content Management 'Appliance'
Web-based content aggregator InfoNgen is rolling out an application that aggregates and filters content to which firms already have access, providing portfolio managers and analysts with a manageable stream of individually targeted information.
Data Consumers Spend for Technology Edge
Difficult operating conditions prevailed in the aftermath of the financial crisis, but user firms continued to invest in data technologies to give them an edge over rivals during 2009, either in the speed of sourcing and processing data, or in quality of…
SystematIQ Boosts AlphaWorks Analytics
SystematIQ, the Chicago-based quantitative research group of Standard and Poor's Capital IQ Solutions division, this month rolled out a new version of its Web-based AlphaWorks market analysis and quantitative research tool, expanding the comparative…
Chi-Tech Adds 29West to MarketPrizm
NEW YORK-Chi-X Global Technology (Chi-Tech), the technology unit of market operator Chi-X Global, recently swapped out its legacy middleware platform for its MarketPrizm hosted trading environment for the European markets in favor of 29West Messaging.
Colt Prepares Fastnet Ultra Service
LONDON-European network service provider Colt Telecom is investing up to £100 million ($161 million) in its network infrastructure to support a new service, Fastnet Ultra, which will provide clients with easily provisioned high-bandwidth networks to…
Aite: Naked Access Ready for Reform
BOSTON-According to a recent research note published by industry analyst firm Aite Group entitled Sponsored Access: Where the Naked Need Not Apply , most high-frequency traders, sponsoring brokers and exchanges have come to a consensus that some sort of…
TMS Update Targets Real-Time Risk Management
CHICAGO-Trading platform vendor InfoReach has added a number of risk management features to the latest release, version 7.1, of its InfoReach Trade Management System (TMS), DWT has learned.
GFI Eyes Europe for Credit Auction
NEW YORK-Interdealer Broker GFI Group aims to deploy its Web-based over-the counter (OTC) auction capability to the European and Australian markets sometime in the first quarter of 2010, DWT has learned.