Trading Tech
Reining in derivatives
Expectations are high that new US Congressional efforts to require hedge fund registration with the SEC will succeed this year, opening the door to greater oversight of the industry by a regulator no doubt eager to prove its mettle following the…
Algo banks on the buy side
One name, arguably now more so than any other, is synonymous with risk management technology: Algorithmics. In the past, however, Algo's offerings enjoyed strong sell-side traction but only relatively modest buy-side up-take due to a blend of heady price…
Spotlight on Richard Tibbetts
StreamBase Systems has promoted one of its founders, Richard Tibbetts, to chief technology officer. He speaks with Stewart Eisenhart about ongoing efforts to expand the use of complex event processing among buy-side managers, as well as his work on the…
Gartmore connects to Calastone for funds distribution
London-based fund manager Gartmore Investment Management has signed an agreement to offer its funds via Calastone's distribution channels.
Long-distance infrastructure
For New York-based global hedge fund and investment firm Marathon Asset Management, best-of-breed and off-the-shelf became mutually exclusive concepts early in its development. After identifying a number of crucial advantages in developing proprietary…
Asian buy-side firms move towards more advanced trading technologies
With assets under management topping $8 trillion as of 2007, the Asian and Australian traditional asset management and hedge fund industries present technology providers with major expansion opportunities, but the drive to increase adoption of electronic…
Registration redux
For months now, hedge fund industry participants have anticipated greater regulatoryinvolvement by the US government. But while no concrete regulatory requirement yet exists for hedge funds, proposed rules pushing for hedge fund registration under the…
Standard Chartered implements FX Market Aggregation Accelerator
Standard Chartered Bank is live with the Progress Apama FX Market Aggregation Accelerator in a distributed deployment spanning FX desks in three continents.
Quant manager takes CEP route with StreamBase
PhaseCapital, a Boston-based quantitative investment manager, has implemented StreamBase's complex event processing (CEP) technology to develop a proprietary high-frequency trading and execution platform.
Seasons Capital enhances risk capabilities
San Francisco-based long/short equity investment manager Seasons Capital Management has selected Imagine Software's Derivatives.com service to support its risk management needs.
AQR signs with Scalent for virtualised infrastructure
AQR Capital Management, a Connecticut-based investment and hedge fund manager, has undertaken an upgrade of its data centre infrastructure using Scalent Systems' Virtual Operating Environment (V/OE) software.
Miller's crossing
Paul Miller recently left specialist buy-side consultancy Morse, although he is still participating in the consulting game - but this time for himself. Victor Anderson speaks to him about technology rationalisation across the buy side, the need for tight…
Kx and First Derivatives sign OEM agreement
Kx Systems, a provider of database and time-series analysis technology, has signed an OEM (original equipment manufacturer) agreement with First Derivatives (FDP), a provider of products and services to the capital market technology sector.
Fidessa Adds Asia to USTP
NEW YORK-Clients using the global trading service on the U.S. Trading Platform (USTP) from order management system (OMS) and market connectivity provider Fidessa now have the ability to trade Asian equities from the same screen, officials announced today…
Tervela Opens Platform To Third Parties
NEW YORK-Hardware-based data acceleration platform provider Tervela announced today, March 2, that it has opened up its proprietary Tervela Message Network to third-party applications and protocols via its Tervela Open Data Framework, available with its…
Thomson Reuters Debuts Integrated TCA to U.S.
LONDON-After making it available to the European market since December 2008, market data and trading platform provider Thomson Reuters recently launched its Thomson Transaction Analytics Global transaction cost analysis (TCA) platform in the U.S. market…
Tervela Opens Acceleration Capabilities
Hardware-based messaging technology vendor Tervela will this month unveil the latest version of its Tervela Message Network platform, which adds a new feature dubbed Open Data Framework that allows clients to utilize the vendor's platform to hardware…
LSE Adopts Rapid Addition for FIX
LONDON-The London Stock Exchange (LSE) has selected FIX protocol software vendor Rapid Addition to provide a high-performance FIX engine to the exchange's TradElect trading platform, DWT has learned.
Sybase Moves to Raise its IQ
Sybase will next month release version 15 of its IQ analytics server, with improvements for loading and processing higher volumes of real-time data to address data compliance and risk analytics functions.
BT Taps Corvil for Latency Monitoring
Network and hosting services provider BT Global Financial Services has struck a deal to integrate the CorvilNet platform from Dublin-based latency monitoring platform provider Corvil into BT's network management capabilities, to optimize the performance…
Sybase Debuts Analytic Server Upgrade
DUBLIN, CALIF.-Enterprise software and services provider Sybase has released the latest version of its Sybase IQ analytics server, today, Feb. 23.
RAN Revamps Web ‘Squawks'
London-based audio news and commentary provider RAN (Real-time Analysis & News) will next week roll out a new version of its Ransquawk Web site, to enable the vendor to provide real-time and delayed versions of its Web-based squawk service, and to expand…
Pan-European Data: Consolidated Tape, or Just Red Tape?
The fragmentation of European equity trading and trade reporting has prompted suggestions of a deterioration in data quality, and even calls for further regulation. But not everyone believes that regulation is the answer. Inside Market Data spoke to…