Trading Tech

Tunis Exchange Cuts Latency with Upgrade

TUNIS-The Tunis Stock Exchange will announce today, Feb. 4, that it has implemented the latest version of Nouveau Système de Cotation (NSC) electronic trading platform, dubbed NSC V900, from Atos Euronext Market Solutions (AEMS) for equities, DWT has…

Get Ready for Super Tuesday, IMD-Style

Anyone following the US Democratic and Republican primaries will be aware that time is running out to be nominated and pick winning candidates in the lead-up to so-called Super Tuesday. In Inside Market Data 's case, Super Tuesday will be on April 29-the…

Damaged Cables Cause India, Mid-East Latency

The flow of market data to and from India and the Middle East was disrupted by a damaged undersea telecom cable providing Internet connectivity to the region last week, though the impact appears to have been limited to slowing down communications, rather…

Saxo, JPMorgan Ink Prime Broker Accord

NEW YORK-Saxo Bank has recently signed a deal with JPMorgan to act as its prime broker to connect to Reuters Prime Brokerage for Matching-which provides anonymous direct market access, (DMA) via a prime broker, to the wholesale matching community-bank…

NYSE Euronext Readies CMS Replacement

NEW YORK-As part of its continuing process of consolidating and standardizing exchange systems, NYSE Euronext plans to have its new FIX protocol-based common customer gateway (CCG) in production for its NYSE Hybrid and NYSE Arca markets later this year,…

29West Updates UME

CHICAGO-Market data messaging software provider 29West released version 2.0 of its Ultra Messaging for the Enterprise (UME) last week.

CME Mulls Nymex Acquisition

CHICAGO & NEW YORK-In what is seen as a defensive move, the operator of the Chicago Mercantile Exchange (CME), the CME Group, has entered into discussions with the New York Mercantile Exchange (Nymex) to purchase the New York bourse.

Future Shocks

Looking ahead, we can expect emerging markets to play bigger roles on the global stage, and platforms will look nothing like those we know today.

GFI Group Acquires Trayport

NEW YORK-Interdealer broker GFI Group announced that it has acquired London-based real-time electronic trading technology provider Trayport.

Pandemic Exercise Yields Middling Results

NEW YORK-The majority of U.S. financial services industry members could do more to prepare for an influenza pandemic, according to the after-action report on a three-week pandemic preparedness exercise, which was sponsored by industry participants and…

Middle East, Asia Weather Cable Woes

NEW YORK-Financial firms, exchanges and vendors from Egypt to India are getting back to normal operations after two undersea telecom cables broke on Jan. 30 and reduced the region's access to the Internet by as much as 75 percent.

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