Trading Tech
Capacity Management: Voices from the Trenches
Today's complexity and enormously competitive requirements to predict and mange scale, quality of service (QoS) and cost, demand a new tooling discipline to truly transform the way we manage capacity, and to take it to the next level. Only by engineering…
Knight Quests for Rendezvous' Replacement
NEW YORK-Knight Capital Group is beta testing an internally developed messaging software that the firm plans to roll out later in the fourth quarter of this year to replace existing layers including its Tibco Rendezvous messaging layer, according to…
SunGard, Fidessa Add Global Equities Execution
NEW YORK-In the drive to meet growing client demand for trading on international markets from the U.S., SunGard and Fidessa have added capabilities to trade cash equities markets outside the U.S. to their respective order management systems (OMSes),…
MTFs Continue to Bank on EMCF
LONDON-Despite the forced acquisition of Fortis Bank Nederland by Dutch authorities, multilateral trading facilities (MTFs) relying on the European Multilateral Clearing Facility (EMCF), which is run by the bank, will continue regular operations,…
Baxter to Add Algos
NEW YORK-Customers trading on the Baxter ECN from venue operator and foreign exchange (FX) technology provider Baxter Financial Services will have algorithmic capabilities by the end of the year, DWT has learned.
Next Stop: iTrade?
With the Dow Jones Industrial Average plumbing depths even lower than US political campaigns, how do you keep in touch with fluctuating prices when you're not beside-or can't bear to look at-your data terminal?
Reliance Readies Euro MTF Access
Network provider Reliance Globalcom is preparing to provide access to market data from a swathe of European trading venues via its Yipes FinancialConnect network, officials say.
Blazing a trail
Since its inception, algorithmic trading has been powered by complex event processing (CEP) technology, designed to allow trading engines to make snap decisions on the basis of streaming data and market events. But although CEP is often perceived as the…
Icap Expands i-Cross to Europe
LONDON-Interdealer broker Icap is in the process of expanding its low-latency connectivity service, i-Cross, to datacenter hosting provider Equinix's London-Slough Internet Business Exchange (IBX) datacenter, officials announced today, Oct. 6.
Marco Polo Delivers Trading Front Ends
NEW YORK-As part of an ongoing initiative to expand its footprint within the emerging markets, FIX-enabled trading network provider Marco Polo Network announced today, Oct. 6, that it will be bundling the IMTrader secure instant messaging and trade…
BNY ConvergEx Taps StreamBase CEP
NEW YORK-Agency brokerage BNY ConvergEx has rolled out complex event processing (CEP) software from Lexington, Mass.-based technology provider StreamBase to monitor trading and market data in its U.S. equities trading operations.
CME Outsources E-quotes Data App to CVS
CME Group has rolled out a new version of its Web-based E-quotes data display application and wireless add-on that incorporates data from acquisitions the Chicago Board of Trade and the New York Mercantile Exchange, and is completely built and hosted by…
Icap Enlists Equinix for European EBS Co-Lo
Icap has extended a deal with datacenter provider Equinix to give European clients access to low-latency data from Icap's EBS spot foreign exchange trading platform.
Tervela Launches Options 'Package'
Hardware-based messaging provider Tervela will this week unveil a version of its Tervela Message Network, specifically designed to address the needs of high-volume options market makers.
Fixnetix Connects to Nasdaq Europe
UK-based low-latency data provider Fixnetix has rounded out its European MTF data offering with connectivity to Nasdaq OMX's recently launched pan- European multilateral trading facility.
Firms Increase Focus on Latency, Capacity
More than three-quarters of end-user firms monitor latency and capacity issues on a real-time basis with dedicated staff, although only 7 percent can claim that their internal data infrastructure operates sub-millisecond, with 33 percent running at…
Vendors: Turmoil Prompts Quality Focus
Data providers must focus on the quality and breadth of the data they offer if they are to increase the value of their services during tough market conditions, said a panel of vendors at last week's European Financial Information Summit.
OptionMetrics Preps Historical Tick Analytics
Options analytics provider OptionMetrics is building an archive of historical options tick data in order to run specialist volatility analyses to enable quantitative analysts and traders to determine optimal trading and hedging strategies.
Bellegarde: Data Never More Important
The European data industry must adapt to new technologies and market forces in the face of an economic crisis if established providers are to remain competitive, according to NYSE Euronext group executive vice president and head of European execution…
Volatility Still Challenges Algos
Trading via technology and algorithms alone may not be the best strategy during volatile times in the financial markets, according to industry experts.
Taming the Dark Pools
With the low barrier of entry to developing and deploying new dark pools of liquidity, the industry has experienced a dramatic growth in non-displayed liquidity venues in the past year. However, with that growth many industry participants say it's time…
Timing Is Everything
In early January the editors and publisher of DWT and Buy-Side Technology sat down to determine how best to serve our readers and we came up with an idea to launch a new conference covering the subjective and elusive topic of "best execution."
Shaking Up Transaction Cost Analysis
Though the use of transaction cost analysis (TCA) has permeated the buy side, a number of industry participants see the need for an evolutionary change.