Trading Tech
Hart of the Matter
A year ago, Dow Jones' owners were locked behind closed doors deciding whether to accept a bid from Rupert Murdoch's News Corporation. One year on, Inside Market Data discusses some of the changes-and future plans-with Clare Hart, a 25-year veteran of…
SunGard Readies Real-Time Valuations
SunGard's Reech business will later this year introduce an on-demand service for nearly instantaneous valuations of derivatives and structured products within its Reech FastVal online pricing service, officials tell Inside Market Data .
Adaptivity Redesigns Bank IT Platform
CHARLOTTE, N.C.-A top-tier capital markets firm has called in IT strategy and consultancy Adaptivity to aid the firm in the redesign of its technology platform, DWT has learned.
Fragmentation Spurs Algo Re-Think
LEXINGTON, Mass.-The proliferation of trading venues is making firms adapt algorithmic trading strategies by taking a more entrepreneurial approach in their development, according to an industry insider.
Amman Exchange to Debut New System
AMMAN-The Amman Stock Exchange (ASE) is in the final testing phase of its new electronic trading platform, the Nouveau Système de Cotation (NSC) V900 from NYSE Euronext.
SmartPool Set for September Launch
LONDON-NYSE Euronext, along with BNP Paribas and HSBC, plans to debut SmartPool, a pan-European electronic block trading platform, at the end of September, say officials.
Greenline Upgrades CertiFIX
CHICAGO-Users of FIX certification platform CertiFIX from Greenline Financial Technologies will be able exploit new features that blend automation and the manual on-boarding of connections with version 2.7, which is due out in September, say vendor…
Philadelphia Exchange to Adopt Inet
NEW YORK-As the next step in the integration of the Philadelphia Stock Exchange (PHLX) into its IT infrastructure, exchange operator Nasdaq OMX is in the process of moving the options business onto its Inet platform, according to exchange officials.
Dow Jones Integrates Content, More Triggers
Dow Jones' Enterprise Media Group is planning to expand the range of content sources integrated with its Business and Relationship Intelligence technology, and to develop new types of event-based triggers for specific types of alerts and user types.
Corvil Chases Inter-Party Latency Platform
DUBLIN-Networking and latency management tools vendor Corvil is currently in discussions with various investment banks and exchange partners to set up an inter-party latency management offering, DWT has learned.
Burgundy to Name Tech Providers
STOCKHOLM-The consortium behind Nordic multilateral trading facility (MTF) Burgundy is in final negotiations with two technology providers and should announce its choice in the next month, officials tell DWT .
FIX Flyer Buys Tepin
NEW YORK-FIX Flyer, a provider of hosted platforms for the FIX messaging protocol, has announced today, Aug. 18, its acquisition of Boston-based Tepin Information, a provider of institutional trade testing and FIX certification.
Imagine Integrates Markit CDS Prices, GICS Industries
New York-based trading systems provider Imagine Software is about to integrate credit default swap data from UK-based data vendor Markit to the Imagine Trading System, and is preparing to adopt the GICS (Global Industry Classification Standard) taxonomy…
Calypso Adopts SaaS Model
NEW YORK-Customers of trading software provider Calypso Technology are now able to deploy the vendor's product suite on a software-as-a-service (SaaS) basis, officials tell DWT.
SWX Swiss Block Launches Smoothly
LONDON-SWX Europe's SWX Swiss Block, a non-displayed liquidity service for Swiss blue-chip equities, went live without any technical glitches on Aug. 11 with 11 firms signed up, according to officials.
Glocer: 3000 Xtra 'Successor' for 2009
Thomson Reuters is preparing to roll out a new trading floor desktop next year that the vendor is touting as a successor to its flagship 3000 Xtra terminal.
DMA Ramps Up in India
BANGALORE-Direct market access (DMA) trading, which will account for 11 percent of India's overall market share in 2010, will spur new investment in technology among smaller domestic firms, according to research by financial consultancy Celent.
GFI Group Preps EnergyMatch API
NEW YORK-Interdealer broker GFI Group is in final stages of development of an application programming interface (API) for its Web-based energy-derivatives trading platform EnergyMatch, DWT has learned.