Trading Tech
Ukrainian Exchange to Roll Out Micex Platform
KIEV-Later this month Ukrainian PFTS Stock Exchange is set to deploy a new trading and settlement system, dubbed PFTS Next, based on technology from the Moscow Interbank Currency Exchange (Micex), as well as exchange operator and technology provider…
Quote MTF Moves Launch to Q3
BUDAPEST-Officials at Hungarian multilateral trading facility (MTF) Quote MTF have delayed the venue's launch to Sept. 4 from its planned June 5 debut since unnamed "major players" could not connect to the platform by then, DWT has learned.
CLS, Icap Enter Post-Trade JV
LONDON-The joint venture (JV) foreign exchange (FX) trade aggregation service set for launch by CLS and Icap is being met with cautious optimism from major dealers, with details of the project still unresolved.
Vienna Exchange Adopts Xetra for Warrants
VIENNA-Officials at the Wiener Börse expect to complete the migration of warrants to the Xetra platform, provided by Deutsche Börse, by the end of June in a single-day switchover. Once completed, all Vienna cash market products will be run on Xetra,…
YouDevise Expands HIP Analytics
Trade ideas distribution software vendor YouDevise has added a series of new reporting capabilities to its Web-based Hedge Fund Information Provider (HIP) analytics tool, to provide granular breakdowns of portfolio performance, exposure and liquidity to…
Tervela, Volante Ally for Integration
Hardware messaging provider Tervela is to re-sell integration software vendor Volante Technologies' Designer tool as a preconfigured integration layer between data sources, client applications and Tervela's Open Data Framework.
BGC Aims for Front-End Consolidation
NEW YORK-Interdealer voice and electronic broker BGC Partners is currently looking at a way to provide a single trading front end for all instruments it supports. Part of the plan being studied is incorporating the creation, pricing and management of…
Market Meltdown Fuels Operational Efficiency Drive
NEW YORK-For the remainder of the year, the futures industry is set to spend most of its IT dollars on improving operational efficiency and preparing for new regulations, according to industry insiders.
Volante Debuts Tervela Integration Platform
NEW YORK-In a bid to help firms speed the deployment of low-latency messaging architectures, integration tool provider Volante Technologies and low-latency messaging platform provider Tervela announced today, April 13, the general availability of Volante…
BNY ConvergEx Brings Algo Trading for Brazil Online
Despite the global economic downturn, interest in accessing the large emerging markets has not subsided. Asset mangers are seeking to diversify their portfolios geographically. One of the hottest markets is Brazil. In this issue, DWT looks at how the…
CSI Unveils Open-Source Feed Handlers
Collaborative Software Initiative, a Portland, Oregon venture for collaborative software development, will this week release the first set of open-source feed handlers based on technology developed by hardware messaging provider Tervela.
StreamBase Builds FX Adapters
Complex event processing software vendor StreamBase Systems will this week roll out version 6.3 of its CEP platform, including data connectivity and functions tailored for foreign exchange trading.
Thomson Reuters Boosts Throughput with Multi-Threading
Thomson Reuters is preparing to launch a re-architected version of its Thomson Reuters Market Data System (formerly known as the Reuters Market Data System) that will enable clients to achieve higher data throughput by taking advantage of advances in…
EquityFeed Adds to Buy-Side App
Montreal-based data workstation provider EquityFeed will this week unveil a new display product, dubbed EquityPipe, tailored for proprietary traders and buy-side firms featuring additional content and analysis capabilities.
GL Net Grows Brazil Data with Local PoP
SunGard Global Trading (formerly GL Trade prior to its acquisition by SunGard) has opened a point of presence (PoP) for its GL Net network in Sao Paolo, Brazil, to provide clients with lower-latency access to stock, bond, commodities and futures data…
Tabb: Data to Drive Datacenter Spend
Spending on datacenters and co-location by financial firms will grow in the coming years, despite budget restraints in the current economic climate, as demand for space grows and costs remain high, according to a new report from Tabb Group.
Deutsche Börse Xetra to Adopt Socket-Based Interface
FRANKFURT-With the next release of the Xetra trading platform, slated for June 8, German exchange operator Deutsche Börse will eliminate the need for users to maintain their member-integrated system server (MISS) in client datacenters, according to…
CEP: Strategic or Tactical Weapon?
Complex event processing (CEP) technology has existed in the capital markets for some time, but it has primarily gained traction in the algorithmic trading space. Today, CEP technology that analyzes large amounts of streaming data in real time has many…
Turquoise Set to Launch Aggregation Service
LONDON - European multilateral trading facility (MTF) Turquoise is preparing to launch a pan-European liquidity aggregation service later this month, officials tell DWT .
Intel Rolls Out ‘Nehalem' Family
NEW YORK-The financial services industry will be able to wring out even more energy efficiency and power usage from the new Intel Xeon processor 5500 series, vendor officials tell DWT .
StreamBase Debuts FX Aggregation
NEW YORK-Users of the StreamBase engine from complex event processing (CEP) software vendor StreamBase Systems will now have the ability to aggregate foreign exchange (FX) venues using the latest version of the product released today, April 6.
SunGard Adds Brazilian Hub
SÃO PAULO-Trading software and services provider SunGard has opened a new hub for its GL Net low-latency market data and order routing network in São Paulo, Brazil, officials announced today, April 6.
Thomson Reuters Makes TRMDS Multi-Threaded
NEW YORK-Users of the next-generation of the market data distribution system (MDDS) Thomson Reuters Market Data System (TRMDS) should expect and significant improvement as the vendor adopts a multi-threaded environment for the platform, according to…