Trading Tech
DTCC, Markit agree further integration
The Depository Trust & Clearing Corporation (DTCC) and Markit are collaborating to automate syndicated loan reconciliation for institutional investors and other buy-side firms by creating a link between DTCC's Loan/SERV Reconciliation Service and Markit…
Going wholly hosted
MFC Global Investment Management, the investment management arm of Canadian financial services firm Manulife Financial Corporation, recently faced a challenge familiar to many buy-side managers with global infrastructures: moving operations scattered…
CEP - Strategic or tactical weapon?
Complex event processing (CEP) technology has existed in the capital markets for some time, but it has gained traction primarily in the algorithmic trading space. Today, CEP technology that analyses large quantities of streaming data in real time has a…
QuantHouse Grows S&D Space
French low-latency data and trading technology vendor QuantHouse has expanded its footprint in hosting service provider Switch and Data's datacenter at 111, Eighth Avenue in New York, to gain access to more markets through Switch and Data's hosting…
Options IT Re-Plumbs PIPE Feed
Provider of infrastructure-as-a-service Options IT has made the components of its Options Pipe direct feeds and infrastructure management product suite available as four separate products this month, in response to demand for outsourced services as a…
eSignal Adds VWAP, Time and Sales Analysis
Interactive Data will this week unveil the latest version of its eSignal workstation with new features targeted at helping traders deal with and analyze increasing volumes of market data.
SunGard Opens Access To Japanese Markets
NEW YORK-Three Japanese exchanges-the Osaka Securities Exchange (OSE); the Tokyo Commodity Exchange (Tocom); and the Tokyo Stock Exchange (TSE), including its Tdex+ options trading platform-are now enabling remote membership through SunGard's application…
Oracle Bets on Sun
After weeks of watching IBM and Sun Microsystems attempting the mergers and acquisition dance, leave it to Oracle to cut in and steal the deal with a $7.4 billion offer ( see story, this issue ).
Chi-X Announces Dark Book
LONDON-Pending regulatory approval, multilateral trading facility (MTF) operator Chi-X Europe plans to launch a dark liquidity book later this quarter, MTF officials tell DWT .
Baikal Selects Technology Partner
LONDON-London Stock Exchange (LSE) officials have selected Fidessa to develop order management and smart order routing (SOR) technology for the LSE's dark-liquidity trading platform Baikal, which is set to launch in July.
CME Pushes Back Datacenter Construction
CHICAGO-In order to bring down capital expenditure for this year, exchange operator and technology provider CME Group is delaying the second phase of its datacenter construction project.
Panel: Market Conditions Driving Hybrid Adoption
PARIS-Buy-side firms are currently looking for a more hybrid offering-a combination of electronic tools and high-touch services to address the rising market volatility and widening spreads, according to industry insiders.
Switching Error Leads to NYSE, NYSE Amex 'Self-Help'
NEW YORK-A network switching error that occurred last Tuesday, April 21, saw a number of U.S. market centers declare "self-help" against the New York Stock Exchange (NYSE) and NYSE Amex markets under the terms of Regulation NMS.
Pink OTC Releases Trade Data Feed
New York-based Pink OTC Markets, operator of the Pink Sheets and OTCQX over-the-counter equity markets, has launched a new feed of trade data to make liquidity more transparent on its markets and attract new participants.
Knight Consolidates Electronic Trading
JERSEY CITY, N.J.-Knight Capital Group has developed its own answer to the current global economic downturn-expand and invest.
Pipeline Dives Into Block Options
NEW YORK-In a move to widen its instrument support, block equities crossing network provider Pipeline Trading has recently acquired the assets of block options crossing platform operator 3D Markets in an undisclosed private transaction.