Trading Tech
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…
IPC Readies Exchange Direct Feed Network
Dealerboard and trading telephony network provider IPC has begun an initiative to establish connectivity to exchanges, to create a market data network for distribution of direct exchange feeds, officials say.
Voltaire to Provide 10-GigE Network Switches
BILLERICA, MASS. - Low-latency InfiniBand networking technologies provider Voltaire has announced today, June 8, plans for a range of network switches for 10 Gbps Ethernet networks, which will allow customers to take advantage of Ethernet connectivity…
Burgundy Suffers Trading Halt
STOCKHOLM - Less than a month after its soft launch, Nordic multilateral trading facility (MTF) Burgundy was forced to shut down trading due to a problem in its FIX gateway.
Data, Where It’s Needed
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Mashups Take Root
Risk