Trading Tech
Burgundy Readies for May Launch
STOCKHOLM-Officials at Nordic multilateral trading facility (MTF) Burgundy are in the final stages of preparation for the MTF's scheduled May launch.
Knight Grows N.J. Datacenter
JERSEY CITY, N.J.-To meet the demands of its growing electronic trading business, broker-dealer Knight Capital Group is currently building out additional space in its datacenter and on its trading floor, DWT has learned.
Eastern Europe Exchanges to Standardize Platforms
BUDAPEST-A Central and Eastern European exchange conglomerate formed by Budapest Stock Exchange (BSE), Ljubljanska Borza, Prague Stock Exchange and Weiner Börse, plans to adopt Deutsche Börse's Xetra as a single trading platform across the markets,…
BT, Corvil Enter Low-Latency Agreement
LONDON-Telecommunications giant BT has entered into the realm of latency monitoring services via a partnership with latency monitoring platform provider Corvil, BT officials announced today, Feb. 23.
Appro Readies GreenBlade
MILPITAS, CALIF.-Enterprise server maker Appro will release its new GreenBlade system designed to run high-performance and high-density computing applications tomorrow, Feb. 17.
Fixnetix Rolls Out Low-Latency JSE Data
UK-based low-latency data vendor Fixnetix has added low-latency data from South Africa's JSE Securities Exchange to its new high-capacity network, officials say.
euNetworks Preps New MAN in London
Network service provider euNetworks is completing the build-out of a high-capacity Metropolitan Area Network (MAN) for London, which will offer clients low- latency connectivity to exchanges and multilateral trading facilities in the city.
Report: Data Industry Seeks Third Player for New 'Big Three'
FactSet Research Systems, Interactive Data and SIX Telekurs saw the fastest growth among major data providers in 2008 as the market seeks a third competitor to break up the duopoly of Thomson Reuters and Bloomberg, which both saw slight growth in market…
Exchanges Seek Cost Cuts,Technology Synergies
NEW YORK-In the face of economic hardship, U.S.-based exchange operators are looking to acquisition synergies and new revenue generators to make it through 2009.
Swift Plans Service Expansion
NEW YORK-Industry messaging cooperative Swift is considering introducing a range of new services in 2009 to expand its penetration within financial firms.
AFA to Add Options Analytics
NEW YORK-Users of the Impact Pro execution management system (EMS) from Advanced Financial Applications (AFA) will soon be able to take advantage of options analytics capabilities, DWT has learned.
AFA to Add Options Analytics
NEW YORK-Users of the Impact Pro execution management system (EMS) from Advanced Financial Applications (AFA) will soon be able to take advantage of options analytics capabilities, DWT has learned.
SunGard Consolidates Networks
LONDON-Trading software and services giant SunGard is in the process of integrating its two order routing and market data networks with the one from recently acquired Paris-based exchange connectivity and trading platform provider GL Trade, now rebranded…
Quote MTF to Name Clearing Partner
BUDAPEST-A new Hungarian multilateral trading facility (MTF), dubbed Quote MTF, is set to name its clearinghouse later this week, officials tell DWT .
BT to Take Turret Support to Radianz
NEW YORK-Telecommunications and turret provider BT plans to deliver trading turret support via its Radianz Shared Market Infrastructure beginning in April, according to vendor officials.
Cloudy concept, clear gains
In an industry beset by acronyms, ‘cloud computing’ has become the latest buzzword and it is yet to be fully understood, let alone implemented, across the buy side. The term means different things to different firms, but it varies subtly to the ASP and…
Xignite Fires up BATS Data
Web services-based data provider Xignite is expanding the range of US equities datasets it can provide to clients, with the addition of quotes and market depth from the BATS Exchange.
BT Readies Ultra Network for London Rollout
BT Global Financial Services is preparing to launch its low-latency Ultra Access network in London, to provide low-latency connectivity to exchanges and multilateral trading facilities in the city.
Mob Index Shows 'Smart' Flows
A Wall Street data technology executive has created an online analytical tool, dubbed the Mob Index, that consolidates data on trading volume and open interest across different countries and exchanges, to provide an indicator of institutional sentiment…
Thomson Reuters Deepens NewsScope
Thomson Reuters will this week expand its NewsScope Archive to provide access to more than 20 years' of news stories tagged with metadata for use in algorithmic trading applications, and has added more third-party data sources as inputs for building or…
Misys Looks to Global Expansion
NEW YORK-To cope with the current state of the U.S. economy, applications software and services vendor Misys is looking to expand more aggressively into new geographic locations and strengthen its operations globally in 2009, DWT has learned.
dynaTrace Debuts Full-Cycle System
BOSTON-Application performance management solution provider dynaTrace software has launched the third version of its dynaTrace product, officials say.