Trading Tech
Sterling Trader Taps SpryWare for EU Data
Chicago-based trading systems provider Sterling Trader is using ticker plants and feed handlers from low-latency technology vendor SpryWare to expand into Europe with data connectivity to exchanges and other venues in the region, officials say.
Wall Street on Demand Preps International Content Expansion
Boulder, Colo-based research software vendor Wall Street on Demand is planning to add new datasets to upcoming releases of its Wealth Desktop portfolio analysis tool, including institutional content, as well as news and fundamental data, officials say.
RTS Adds Brazilian Connectivity
CHICAGO-Traders looking to execute on Brazilian futures exchange BM&FBovespa can now access the market via products provided by trading technologies and exchange gateway vendor RTS Realtime Systems Group.
Interactive Brokers Adds Auto-Options Hedging
GREENWICH, CONN.-Options agency brokerage Interactive Brokers recently launched a new platform, dubbed Option Portfolio, which allows users to hedge their portfolio in line with a selection of standard Greek risk measures, such as delta, gamma and theta,…
Turquoise Suffers Trading Glitch
LONDON-Multilateral trading facility (MTF) Turquoise suspended trading activity last Wednesday, June 10, following technical issues related to a complex dark order matching scenario, according to officials.
Aleri, Correlix Enter Latency Pact
NEW YORK-To provide customers using a complex event processing (CEP) engine with latency information and monitoring tools, real-time network latency monitoring platform provider Correlix and CEP technology vendor Aleri have formed a joint alliance,…
SIX Swiss Exchange to Enhance DMA Interface
ZURICH-Operators of the SIX Swiss Exchange plan to release during the second half of the year an update to the bourse's proprietary capacity trading interface (CTI), which will target direct market access (DMA) and algorithmic traders.
Panel: Algo Adaptability a Must
LONDON-As electronic trading continues to grow and expand to new markets, industry participants predict that algorithms will become more sophisticated and will be able to cope with adverse conditions more easily, according to industry insiders.
Ballista Preps for Infrastructure Refresh
NEW YORK-Flush with a recently reported $15 million injection of working capital from a new consortium consisting of the International Securities Exchange (ISE), Knight Capital Group, Morgan Stanley and Susquehanna Growth Equity, options broker Ballista…
Thomson Reuters Retires GlobalTopic
Thomson Reuters will stop supporting its legacy GlobalTopic product for UK stockbrokers at the end of this month, and is migrating users to its Reuters Trader UK product, integrated with an order management system white-labelled from London Stock…
CA Cheuvreux's Blink to Go Dark
NEW YORK-Clients of CA Cheuvreux will have access to a new pool of European dark liquidity to trade in as the agency brokerage arm of Crédit Agricole is in the process of adding dark capabilities to its internal crossing network, dubbed Blink, say bank…
Exegy Expands Appliance Lineup
St. Louis, Mo-based hardware ticker plant vendor Exegy will this week announce two new appliance products for low- latency data capture and distribution, based on its existing hardware-accelerated Exegy Ticker Plant, in a bid to broaden the vendor's…
Pricing imperfections
Allocating a definitive and transparent price to an asset for which no active market exists is a process mired in complexity and controversy. David Patrikarakos investigates the new generation of valuation models to address the pricing and valuations…
Voltaire Preps ‘Vantage' for Analysis Apps
Voltaire, a provider of low-latency Infini- Band networking technologies, will this week announce a range of network switch products for 10-Gigabit-per-second Ethernet networks, which will allow clients to utilize Ethernet connectivity for less latency…
Traderforce Migrates Users to Mottai, Bundles Mobile
Paris-based market data vendor Traderforce has begun migrating clients to the latest version of its Mottai integrated data, trading and risk management terminal, and expects to complete the process by the end of this summer, officials tell Inside Market…
ELX Enters the Fray
On the eve of the launch of ELX Futures, DWT U.S. reporter Oksana Poltavets sits down with CEO Neal Wolkoff to discuss what the exchange is doing to prepare, and its role in the bourgeoning futures market.
Latin America Sees Rise in Local FIX Vendors
SAO PAULO-The growth of electronic trading and FIX protocol adoption in Latin America has spurred a wave of new local FIX vendors, according to industry insiders.
Panel: MTFs to Knock Exchanges' Market Dominance
LONDON - The European market will eventually reach a tipping point where price formation will happen away from the incumbent exchanges and the multilateral trading facilities (MTFs) will grab a large slice of the market share, according to members of…
Quantum Leap
BNP Paribas drastically accelerated calculation times while slashing electricity consumption with the help of a new GPU-based architecture.
IPC Adds Nymex to Connection Service Network
NEW YORK-Dealerboard and trading telephony network provider IPC has added the New York Mercantile Exchange (Nymex), part of exchange operator and technology provider CME Group, to its Ethernet Connection Service (ECS) network, dubbed ECS Xchange, DWT has…
Traderforce Debuts Revamped Platform
PARIS - In order to improve performance and to offer users a simpler working environment, thin-client trading, analytics and risk management platform vendor Traderforce has rewritten the architecture for its platform and rebranded it as mottai, officials…