Trading Tech
Colt Readies New Fastnet Ultra Service
European network service provider Colt Telecom is preparing to launch a new service, dubbed Fastnet Ultra, which will provide trading clients with easily provisioned high-bandwidth networks to connect to their choice of European marketplaces via a single…
Omgeo Slates ProtoColl Update
LONDON-Post-trade utility Omgeo is set to release version 4.9 of its Omgeo ProtoColl collateral management service in early 2010, say officials.
BMO Preps for Regulatory Revamp
As demand for high-frequency trading migrates to Canada, the country's regulators, like their U.S. counterparts, are likely to reconsider the financial industry regulatory framework. These changes, in turn, will require major Canadian firms to re-think…
Exegy Adds Chi-X Canada Handler
St. Louis, Mo.-based hardware ticker plant provider Exegy has developed a feed handler to process Level 2 market data from Canadian alternative trading system Chi-X Canada to meet demand from its high-frequency trading clients for access to more Canadian…
Banks Unfazed by Public Clouds
NEW YORK-The industry will find ways to allay concerns about the public nature of cloud computing as practiced by corporations such as Google and Amazon.com, according to panelists at the Waters USA 2009 conference hosted by sibling publication Waters .
Credit Suisse Wins Best IT Team
NEW YORK-On a cool and starry Manhattan evening last week, Credit Suisse took home the fifth annual American Financial Technology Award (AFTA) for Best IT Team for its application development and infrastructure teams' Armor Day 2 initiative, which…
Bond MTF Waits for Regulatory Green Light
LONDON-The new Vega-Chi multilateral trading facility (MTF) is awaiting final approval by the U.K. Financial Services Authority (FSA) to commence operation as what Chi-Vega officials claim is the first convertible bonds MTF.
CIOs: Lack of Standards, Scale Plague Firms
NEW YORK-Scale, standardization and legacy software are three of the greatest industry challenges identified by CIOs and CTOs who spoke at the recent Waters USA 2009 conference hosted by sibling publication Waters .
BoA Merrill Deploys Canada Market Cap Algos
TORONTO-Bank of America Merrill Lynch is rolling out enhancements to its algorithmic trading platform for Canadian equities, in the form of the Instinct and Quantitative Implementation Shortfall (QIS) algorithms that offer users the ability to better…
Fidessa, MFS to offer Middle East DMA
LONDON-Market connectivity provider Fidessa has partnered with Middle Eastern broker Mubasher Financial Services (MFS) to offer direct market access (DMA) and algorithmic trading to a range of Middle Eastern exchanges, officials announced today, Dec. 14.
Kyte Group Deploys CQG
LONDON-Global futures commission merchant (FCM) Kyte Group went live in mid-November with the initial deployment of a hosted trading platform from CQG, vendor officials tell DWT .
Safety in numbers
One isn’t just the loneliest number – it can also be the most dangerous. The traditional ‘single-prime’ hedge fund model, severely tested at the close of 2008, is a case in point, as hedge funds move towards multiple prime broker relationships. By…
Risk Management and Regulatory Compliance in 2010 and Beyond: Are You Prepared?
Join Dushyant Shahrawat, Senior Research Director - TowerGroup, and Maneeza Malik of IBM as they discuss:
Activ, Atrium Expand CME Connectivity
Low-latency data provider Activ Financial has begun connecting clients to a new connectivity option for accessing CME Group via Atrium Network's Exchange Ring fiber-optic network, enabling Activ to provide CME data to clients via an expanded network of…
Appetite for Disruption
Many modern technologies that we take for granted start life designed for specialized purposes in niche business areas. For example, performance-enhancing features on modern road cars often have their origins in Formula One racecars, while some low…
Capital IQ Steps Up Data Integration Capabilities
Standard and Poor's Capital IQ subsidiary has updated its data display desktop platform to give users faster access to the data they need, and with proprietary company ownership data, replacing a dataset previously sourced from Thomson Reuters.
Wall Street Horizon Readies Low-Latency Dividend Feed
Boston-based Wall Street Horizon, a provider of corporate actions calendars and analysis tools, has launched a feed of machine-readable dividend data, dubbed WSH Real-Time Dividends Monitor, in response to client demand for low-latency access to key data…
Traderforce Unveils Silverlight Display
Paris-based data vendor Traderforce has developed a thin-client data display application, using the Microsoft Silverlight development framework, which can be white-labeled by banks and brokers to use as a single-dealer portal for their buy-side clients,…
Fixnetix Bows Feed of New EDX Data
Low-latency data and trading technology vendor Fixnetix will offer connectivity services to the new SOLA trading platform being rolled out this week by the London Stock Exchange's EDX derivatives market subsidiary, officials say.
FESE: Market Transparency a Must
BRUSSELS-Market transparency and integrity were on the lips of most of exchange operators who attended the annual Federation of European Securities Exchanges (FESE) conference held in Brussels last week.
GFI Group to Update Fenics Professional
LONDON-Global interdealer broker GFI Group is set to launch an upgraded version of its foreign exchange (FX) options pricing and trading platform, Fenics Professional, by the first quarter of next year, broker officials tell sibling publication FX Week .
RediPlus Update Gains Bloomberg Link
NEW YORK-Users of Goldman Sachs' RediPlus execution management system (EMS) will see a tighter integration with the Bloomberg Professional service in the recently released version 9.1 of the trading platform, according to Goldman Sachs officials.