Trading Tech
Regulators Weigh Mifid's Success
LONDON-Since its rollout, the Markets in Financial Instruments Directive (Mifid) has increased competition in the securities markets and lowered costs for investors, according to European regulators.
Banks Eye Mixed Platforms to Calculate Front-Office Risk
LONDON-When tackling risk, financial firms are using front-office systems that combine real-time and batch-based calculations, according to industry participants who spoke during a panel discussion about risk at the DWT 2009 conference.
The Party's Over
The first item on my agenda this week must be to say a big thank you to everyone who participated in last week's North American Financial Information Summit-from the speakers and participants who made the panel discussions the best that I've seen, to the…
Celoxica Preps 29West LBM Acceleration Card
UK-based hardware acceleration technology vendor Celoxica has begun beta testing an accelerator card that will reduce latency for customers using 29West's Latency Busters Messaging (LBM) over UDP (User Datagram Protocol) Multicast links, officials tell…
Bottega: Be Pragmatic, Be Understood
John Bottega, recently appointed chief data officer at the Federal Reserve Bank of New York, kicked off last week's North American Financial Information Summit with a keynote speech calling for data management professionals to be more pragmatic in their…
Vendors Focus on New Drivers of Demand
Data providers are adapting to economic conditions with new content sets and capabilities driven not just by cost pressures, but by end-user demand to comply with new regulations, and by simplifying product sets to address broader audiences, according to…
Latency Still Vital, But 'Smarts' is New Focus
While latency continues to be a competitive differentiator for trading firms, they are placing more emphasis on how they leverage their technology in smarter ways to create greater benefits, according to panelists at last week's North American Financial…
Panel: Take Dual Approach to Tackling Capacity
Capacity issues resulting from more algorithmic trading and increased data volumes continue to vex industry participants, who are taking a dual approach of trying to predict capacity requirements while reducing the number of applications that need access…
Open-Source OMS Adds Real-Time Capabilities
SAN FRANCISCO-The latest release, version 1.5, of the open-source order management system (OMS) from vendor Marketcetera now includes features to help traders scale, support multiple users and get deeper real-time reporting on profit and loss (P&L) for…
TraderTools to Integrate Caplin Trader
NEW YORK-Foreign ex-change (FX) trading technology provider TraderTools is planning major third quarter upgrades to its Liquidity Management Platform, including the white-labeling of Caplin Trader from Caplin Systems, vendor officials announced today,…
29West's UME Gains Low-Latency Queuing
NEW YORK-Low-latency messaging products provider 29West is set to introduce support for queuing as a delivery type for its Ultra Messaging for the Enterprise (UME) product, DWT has learned.
29West Develops Fast-Track Queuing
Low-latency messaging middleware vendor 29West is preparing to release a new message queuing function as part of its Ultra Messaging for the Enterprise (UME) data distribution platform, to manage data transfer between applications.
RTS Realtime Systems Connects to Bats Europe
CHICAGO-Traders looking to connect to multilateral trading facilities (MTFs) now can route to Bats Europe via exchange gateway provider RTS Realtime Systems Group, officials announced today, May 18.
Appro Rolls Out Hybrid Server
MILPITAS, CALIF.-Enterprise server maker Appro has released its first server offering-the Appro HyperPower Cluster (APC)-that marries graphical processing units (GPUs) from Nvidia with Intel Xeon processors, today, May 18, according to a vendor…
Patsystems Updates Pro-Mark
NEW YORK-In the recently upgraded release, version 5.4, of its Pro-Mark trading application, Patsystems has added additional keyboard functionality to improve the trading experience, according to a vendor spokesperson.
NYSE Euronext Sets 2010 London Datacenter Debut
LONDON-Exchange operator NYSE Euronext is set to finish building its new primary European datacenter, located outside London, next month, and will have the core technologies in place by the first quarter of 2010, say officials.
SuperDerivatives Expands in Asia
HONG KONG-A Hong Kong-based third-tier bank is set to go live with SuperDerivatives' (SD's) trading and pricing platforms by June, according to the vendor.
Onix Solutions Signs French Banks
LONDON-Two unnamed large energy trading French investment firms recently inked a deal with startup FIX connectivity vendor Onix Solutions (OnixS) to connect to the IntercontinentalExchange (ICE), say vendor officials.
CBOE Readies Management Automation
CHICAGO-In order to automate its application and infrastructure management, and stem the loss of institutional memory, the Chicago Board Options Exchange (CBOE) is using two products from IT and business service management provider BMC Software.
Router Utilization Downs Tocom Trading
TOKYO-Traders executing on the Tokyo Commodity Exchange (Tocom) experienced a three-and-a-half-hour break in action last Tuesday, May 12.
Capital IQ Expands Functionality, Datasets
Standard & Poor's Capital IQ division last month rolled out additional functionality and datasets in its Capital IQ desktop platform, to broaden its appeal and make it more of an enterprise-wide data offering.
A Sneak Preview
No one can deny that the unprecedented events of the past year have made life incredibly tough for the financial industry as a whole, and for the market data professionals at consumer firms and vendors that serve the industry with its data needs-all of…
Fixnetix Readies US Low-Latency Play
UK-based low-latency data vendor Fixnetix is setting up hubs and arranging connectivity to datacenters serving the financial trading community in the New York and Chicago, to provide European clients with access to exchanges in North America, and US…