Trading Tech
Options Symbology - Time to Play Catch-Up
Only a handful of firms have started preparing for the options symbology initiative that will change options codes for trading and settlement, but experts say some of the work should have been done yesterday. Tine Thoresen reports on how firms can catch…
Speakerbus Debuts I Turret
LONDON-Trading floor communications system provider Speakerbus announced today, June 30, that it has entered the turret market with its first voice over IP (VoIP)-based turret, DWT has learned.
The Longest Day
Somehow it seems appropriate: Just 10 days after the summer solstice-the longest day of the year-there are press reports that Deutsche Börse is mulling the idea of opening trading on its Xetra platform earlier in the morning to compete with the upstart…
Charles River Introduces Real-time Market Data Interface
Boston-based portfolio management system provider Charles River Development has created a real-time market data interface (MDI) in Version 8.2 of its Investment Management System. The Charles River MDI now gives clients access to real-time streaming…
Quant House Expands Feed Support
Low-latency data and trading technology vendor Quant House has rolled out support for the ITCH datafeed from Nasdaq's Inet market, and is planning to build out more new feed handlers for European exchanges and MTFs later this year.
Telekurs Launches RMDS Adapter for MDF Feed
Telekurs Financial has entered into a sales and marketing partnership with Zurich-based technology vendor Unitek Engineering, to offer its clients an RMDS interface to help integrate data from its MDFselect real-time feed into their application…
PrismTech Tackles Data Spikes
Boston-based middleware provider PrismTech plans to launch version 4.1 of its OpenSplice DDS (Data Distribution Service) middleware platform in the fourth quarter of 2008, incorporating a new feature designed to ensure firms do not lose data during…
Archangel Takes Full Flight
NEW HOPE, PA.-Alternative trading system (ATS) Archangel from software and network provider 3D Markets has gone into full production, officials tell DWT .
SDB Deploys VoIP on Its Trading Floor
SHENZHEN-Shenzhen Development Bank (SDB) has rolled out voice over IP (VoIP) turrets from trading communications vendor IPC for the bank's centralized China trading floor, sources tell DWT .
IP Trade to Add Video
NEW YORK-Traders using turrets from IP-based trading communications platform provider IP Trade will soon be able to hold video conferences on the trading floor.
LSE, Lehman Brothers Go Dark
LONDON-The London Stock Exchange (LSE) and Lehman Brothers have entered the dark liquidity fray as the exchange and investment bank have partnered to develop a new multilateral trading facility (MTF) for non-displayed orders.
Customization Key to Algo Growth
LONDON-When it comes to trading algorithms, off-the-rack solutions aren't cutting it in the competitive market as more buy-side clients demand bespoke solutions, say industry insiders.
DSM Turns to NYSE Euronext for Tech
NEW YORK & DOHA, QATAR-In a significant, yet somewhat expected, move into the Arab Emirates, NYSE Euronext has purchased a 25 percent stake in the Doha Securities Market (DSM).
Nordic Firms to Launch MTF
STOCKHOLM-Competition in the Nordic markets is heating up as a consortium of Scandinavian banks announced the formation of a new multilateral trading facility (MTF) that plans to dethrone Nasdaq OMX as the dominant market in the region.
SunGard Upgrades Front Arena
LONDON-Software and services vendor SunGard plans to debut the latest version of its Front Arena trading platform, DWT has learned.
Pivot Gains Weather Support
NEW YORK-Straight through processing (STP) of weather derivative trades is a step closer to reality as secure instant messaging provider Pivot launched the Instant Market module for its Pivot 360° platform today, June 30.
eSignal Expands Weather Data, Corrections, Performance
The eSignal active trader workstation division of Interactive Data will this week release Version 10.1 of its flagship eSignal product, with new content additions and enhancements that improve the speed and throughput of the system, officials tell Inside…
Nasdaq Expands Market Replay Tool
Nasdaq OMX will next month unveil version 2.0 of its Market Replay tool for analyzing historical data by replaying quoting activity, with the addition of trade data and activity on other markets.
Kx Retires 32-bit Kdb+ Software
Tick database and complex event processing software vendor Kx Systems is retiring support for a 32-bit version of its Kdb+ tick database in response to rising market data volumes that are forcing clients to migrate to 64-bit technologies with greater in…
FPL Eyes Exotic Options in SP2
NEW YORK-Exotic options traders can expect to see a little added connectivity support as FIX Protocol Ltd. (FPL) plans to release its second service pack for FIX 5.0 in early 2009, officials tell DWT .
LSE to Double TradElect Capacity
LONDON-The London Stock Exchange (LSE) is set to double the messaging capacity of its TradElect platform to 10,000 messages per second by September and to 20,000 messages per second in October, say exchange officials.