Trading Tech
Handling the Growing Buzz
High-frequency trading is at a crossroads. The barriers to entry for high-frequency trading have never been this low for buy-side firms. At the same time, sell-side brokers are facing a low-latency arms race trying to make sure they can deliver the…
Evolving Demands Lead Wedbush to Diversify
Automated trading has been constantly evolving over the past decade as trading technology progresses, but its overall effect on the cash equities markets has not changed: Trading margins continue to come under increasing pressure as more firms want to…
TradElect Replacement Fuels LSE's MillenniumIT Buy
LONDON-In a move that surprised many in the industry, the LSE Group recently announced plans to acquire Sri Lankan exchange platform provider MillenniumIT in a deal priced at £18 million ($30 million), say exchange officials.
Bank Leumi Takes WSS FX Options Module Live
TEL AVIV-Bank Leumi went into production with Wall Street Systems' (WSS's) foreign exchange (FX) options module for the middle- and back-office processing of vanilla, exotic and non-deliverable options at the end of August, DWT has learned.
Options IT Acquires BNP Paribas IaaS Unit
NEW YORK-Infrastructure-as-a-service (IaaS) provider Options IT has expanded its U.S. datacenter footprint with the acquisition of the assets and clients of BNP Paribas' infrastructure hosting business, officials announced today, Sept. 21.
Bats Mulls Second U.S. Quote
KANSAS CITY, MO.-The operators of the Bats Exchange plan to file an application with the U.S. Securities and Exchange Commission (SEC) for a second equities exchange license for a new exchange to be called BYX, according to officials.
Carnegie Bank Upgrades PC Blades
NEW YORK-As part of a trading floor re-fresh, Swedish investment bank Carnegie Bank plans to roll out the latest version of ClearCube Technology's quad-monitor PC blade platform across its trading floor, vendor officials announced today, Sept. 21.
BarCap Strengthens Barx's FX Bite
LONDON-Barclays Capital (BarCap), the investment banking division of Barclays Bank, has expanded the foreign exchange (FX) trading capabilities of its Barclays Automated Real-time Execution (Barx) electronic trading platform by introducing a new suite of…
Cloud Consortium Starts Monterey Initiative
NEW YORK-Several cloud computing vendors have announced the planned availability of an integrated enterprise cloud computing test bed, dubbed Monterey, today, Sept. 14.
Solace Upgrades SolaceMQ Scalability, Security
OTTAWA-Hardware-based data accelerator platform provider Solace Systems announced today, Sept. 14, version 4.5 of its SolaceMQ queued messaging platform that offers a major performance boost and improved security capabilities over the previous release.
Solace Touts Latency, Volume Advances
Hardware-based messaging provider Solace Systems will this week announce that it has achieved latency of less than 700 nanoseconds for data transfer between applications using shared memory over the same motherboard in co-location environments requiring…
Kx Improves kdb+ Data Management
Data technology vendor Kx Systems has released version 2.6 of its kdb+ database, which adds support for nanosecond timestamps, and improved tools for managing data transfer across different instances of kdb+ and to other data-consuming applications.
A Chance of Clouds
Watching the evolution of cloud computing, I can't help but have that nagging feeling of déjà vu as various people in the industry stake out different strategies on how to link cloud computing environments.
Keeping Us in The Loop-Literally
This week, Inside Market Data takes to the road again, this time to Chicago, home of the Cubs, the White Sox, and quite a few Bulls and Bears beyond the sports teams of the same name.
Reuters First Approaches Last Days
Thomson Reuters is set to retire its Reuters First legacy Nordic data display product, which evolved from a desktop terminal developed by Falcon Information Services, a Norwegian vendor acquired by Reuters in 1991.
Data Cloud Has a Silver Lining
As more firms and vendors consider transferring non-core, compute-intensive data requirements such as tick history management to virtual processors in cloud computing environments, Rob Daly, editor of sibling publication Dealing with Technology ,…
Aqumin Integrates Bloomberg Data into Heatmap Displays
Houston, Texas-based data visualization software vendor Aqumin will this week release version 2.0 of its AlphaVision heatmap display tool, which allows users to incorporate data from their Bloomberg Professional terminals into the charting displays.
Millistream Readies Web Services Data Delivery
Swedish data vendor Millistream Market Data is in the final stages of developing a Web Services capability to deliver on-demand data to clients, using SOAP technology, and has already built a number of components to help customers develop customized Web…
The New Data Imperative: Real-Time Risk
As hints of a market recovery start to emerge, what can Wall Street do to avoid another crisis? Sybase senior executives Dr. Raj Nathan, Irfan Khan, and Sinan Baskan condense the key advice from their recent book, The New Data Imperative: Managing Real…
YouDevise Adds Data Loaders, Analytics to HIP
Trade ideas distribution software vendor YouDevise has added extra capabilities for loading historical data and for pre- and post-trade analysis to its HIP Hedge Fund Information Provider system, to provide easier integration for funds of hedge funds…
Exegy Debuts 'Embedded' Code on Client Algos
St. Louis-based hardware ticker plant provider Exegy will this week unveil a prototype Embedded Edition of its Exegy Ticker Plant, where some of the ticker plant code runs directly on the same servers as clients' data-consuming algorithmic trading…
SpryWare Adds Euro Feed Handlers
Chicago-based ticker plant vendor SpryWare has released a new set of feed handlers focused on London-based trading venues, to expand its coverage beyond North American exchanges, officials tell Inside Market Data .
Elysium Targets Mini-Primes with Post-Trade FX Offering
STAMFORD, CONN.-Catering to the Tier 3 banks moving into the prime brokerage space, Elysium Technology plans an October launch for three post-trade modules for its multi-asset white-label front-to-back-office reporting and reconciliation platform,…
CBOE Moves C2 Launch to 2010
CHICAGO-The awaited launch of the Chicago Board Options Exchange's (CBOE's) new all-electronic C2 trading venue has been moved to the first quarter of 2010, according to exchange officials.