Trading Tech
CSV Creates OTC Auction Portal
NEW YORK-CSV, a provider of valuations for complex securities and derivatives, has set up a new company, eInstitutional.com, that will run online auctions for traders looking to buy or sell complex and illiquid over-the-counter (OTC) instruments.
Making Measurement Work, Making Ends Meet
This week, Inside Market Data contains a special report on the importance of low-latency market data in today's modern trading environment. Yet in the same issue, we detail the problems at latency monitoring software vendor Trading Metrics, which is…
Aleri Bolsters MLA With Level 1 Data
Chicago-based complex event processing vendor Aleri has added capabilities to its Market Liquidity Analysis engine for creating a consolidated best bid and offer for instruments listed on multiple exchanges and trading venues in Europe, using Level 1…
Panel Weighs Cost vs. Capacity, Latency Issues
Trading firms are optimizing existing systems while selectively investing in new technologies to meet ongoing latency demands in the face of cost pressures resulting from the current economic climate, according to participants in a panel discussion…
Apama Preps New Data Adapters
Complex event processing software vendor Progress Apama is building a range of adapters to capture data from currency and derivatives markets, officials say.
CMA Adds Risk Analytics to QuoteVision
UK-based credit derivatives data provider Credit Market Analysis has updated its QuoteVision credit pricing and risk platform with a range of new risk analytics.
Truly Going Global
Anyone trying to predict the future of exchange evolution should be familiar with the standard industry boilerplate: Past performance is not a guarantee of future results. With that said, however, it's an amazing time to watch these new global exchange…
Speed Meets Excellence
Stock exchanges have come a long way-from the marketplaces where sellers and buyers met each other to engage in trade to today's electronic platforms, where participants can trade thousands of securities on a daily basis in only a few milliseconds. To…
The New Face of Exchanges
Over the last few years the global market structure has undergone unparalleled changes. DWT sits down with Michael Krogmann, head of section cash market for Deutsche Börse, and Joe Mecane, executive vice president and chief administrative officer (CAO)…
HSBC Banks 'Best IT Team' AFTA
NEW YORK-Surrounded by friends and colleagues last week, HSBC's IT team won the coveted Best IT Team award at the fourth annual American Financial Technology Awards (AFTAs) for its work in expanding the bank's emerging markets coverage.
Panel: Proper Prioritization Key to Survival
NEW YORK-As the global economic crisis deepens and spreads, financial firms need to prioritize their operations and focus on their core business to weather the storm, according to industry participants.
Central Asia to Gain New Exchange
ALMATY, Kazakhstan-A consortium of firms is set launch a commodity exchange in Central Asia-dubbed JSC Eurasian Trading System (ETS)-in the first quarter of next year, according to consortium officials.
CA Cheuvreux to Offer Saudi DMA Trading
PARIS-Through the use of contracts for difference (CFDs), CA Cheuvreux, the brokerage arm of Crédit Agricole, plans to introduce direct market access (DMA) trading capabilities to Saudi Arabia's markets in the first quarter of next year, DWT has learned.
Credit Suisse Expands Asian Crossing
Hong Kong-Credit Suisse plans to roll out its CrossFinder and CrossFinder+ crossing engines to new markets in Asia next year as well as provide new regional post-trade reporting functionalities to the platforms's users in the region, according to bank…
Sophis Readies Platform Revamp
NEW YORK-French cross-asset trading and risk management platform vendor Sophis is set to begin regression and capacity testing for the next version of its products by the start of 2009, vendor officials tell DWT .
Quod Takes On The Big Apple
NEW YORK-Officials from multi-asset class order management system (OMS) provider Quod Financial have announced today, Dec. 8, that the vendor has launched operations in New York.
Markit Unveils Share Analytics Tool
UK-based data vendor Markit has launched a market share analysis tool, dubbed Markit MSA (Market Share Analysis), which collates data contributed from 11 major banks and displays the volume of trades executed by each bank across different European…
Thomson Reuters Enhances .X With BBO, Time and Sales
Thomson Reuters will change the structure of its .X suffix, which is used for viewing consolidated European market data, to address the cost of subscribing to the feed, officials tell Inside Market Data .
RTS Debuts FIX-based DMA System
MOSCOW-In the face of the financial crisis, Russian Trading System Stock Exchange (RTS) officials are working on technology projects in an attempt to lure foreign investors.
Canadian Fragmentation Draws E-Trading Vendors
NEW YORK-Canadian and foreign traders have seen a number of new trading tools pop up to help them exploit the fragmented market structure following the recent introduction of a number of alternative trading systems (ATSes) in Canada.
SuperDerivatives Upgrades Front-End Productivity
NEW YORK-Options and derivatives pricing software provider SuperDerivatives plans to help its sell-side clients deliver and sell more complex derivatives with a new set of productivity enhancement tools that the vendor has added to its trading front end,…