Trading Tech
Thomson Reuters to Keep Desktop Lines
NEW YORK-Trading systems and market data provider Thomson Reuters plans to maintain support for its Thomson One and 3000 Xtra trading desktops for the foreseeable future, say officials, commenting on the vendor's product integration roadmap.
Come Together
I'm not good at dealing with change-at least according to my last performance review-and the only major change I have to deal with is Inside Market Data 's upcoming move to new offices closer to Wall Street next month. So spare a thought for those data…
Report: Applications Key to Cutting Latency
Investment banks seeking to reduce latency should focus on optimizing their application software stack rather than their networks, according to new research recently published by Paris-based networking consultancy Net2S.
Thomson Reuters Releases Windows Mobile Application
Thomson Reuters will this week release a new mobile data service, Reuters Wireless Delivery Service, that will allow clients of its RMDS (Reuters Market Data System) data distribution backbone to stream real-time data to mobile devices running the…
Bloomberg's All-Star Deal
In the lead-up to last week's annual All-Star baseball game in New York, a row erupted between Red Sox pitcher Jonathan Papelbon and the New York press corps about who was the better closer and should end the game-Papelbon or revered Yankees pitcher…
PI's Navigator Helps Analysts Map Financial Data
UK-based data vendor Perfect Information will this week unveil a new product, dubbed PI Navigator, to help corporate finance executives prepare company valuation reports more quickly by eliminating manually intensive processes, officials say.
HP Debuts Datacenter POD
NEW YORK-Joining the flock of its hardware and services competitors, Hewlett-Packard (HP) has released its datacenter-in-a-container product.
Analyst: SOR Still Gathering Traction
NEW YORK-Smart order routing has not become "super critical" in the European markets yet, but it will be critical in the future, according to an industry observer.
Survey: Cloud Becomes Reality for Banks
LONDON-Most large investment banks have implemented or are in the process of adopting cloud computing, according to an industry observer.
Risk Management Hampers International DMA
WASHINGTON, D.C.-Pre-trade risk analysis and management concerns about international direct market access (DMA) fall partially on the traders, according to members of the U.S. Commodity Futures Trading Commission (CFTC).
Swift Vies for Wider SwiftNet
NEW YORK-Banking cooperative Swift is working to make connectivity more efficient for its users by striking relationships with other industry bodies in order to access products and services from the other firms via the SwiftNet infrastructure, say…
Glitch Delays JSE Open
JOHANNESBURG-A networking issue forced South African stock exchange JSE Limited to delay the opening of its equities market Monday, July 14 by approximately six hours. Trading resumed at 3:10 p.m. local time with trading hours extended to 7 p.m., say…
Savvis Offers ISE Depth Feed
Network and hosting provider Savvis will provide connectivity to the International Securities Exchange's market depth datafeed at the end of July, in response to client demand for more low-latency access to options exchanges, officials say.
Applications: New Latency Culprits
LONDON-Investment banks wanting to wring the last milliseconds of latency out of their trade processes need to look to optimize their application software stack rather than their networks, according to new research recently published by networking…
TT Eyes Additional Hub in Asia
NEW YORK-Futures trading platform and exchange connectivity provider Trading Technologies International (TT) is looking to open its seventh global hub in Hong Kong, vendor officials tell DWT .
RTS Readies New FIX Gateway
MOSCOW-The Russian Trading System Stock Exchange (RTS) plans to implement a FIX gateway, which uses version 4.4 of the messaging protocol, and have it in production by the end of August, DWT has learned.
Smart Trade Goes Dark
NEW YORK-In a defensive move, cross-asset liquidity management system (LMS) provider Smart Trade Technologies will soon have a dark pool as an option for its European customers when routing orders, DWT has learned.
Newsflows Now a Necessity
LONDON-According to a recent white paper commissioned by Thomson Reuters on the role of news feeds in algorithmic trading, 65 percent of those surveyed say they could increase trading profits through automatic trading on news and 75 percent say it was…
ISE Updates SOR Engine
NEW YORK-In an effort to gain more control over its technology, the International Securities Exchange (ISE) has rolled out its own order routing system for its options exchange.
NSX Suffers FIX Outage
CHICAGO-A glitch in one of the 10 FIX engines at the National Stock Exchange (NSX) caused a disruption in connectivity last Tuesday.
Algos: The Next Generation
With the dramatic growth in available processing power and advancements in complex event processing (CEP) technology to handle expanded real-time inputs, trading algorithms are on the verge of the next evolutionary quantum leap. DWT has gathered a panel…