Trading Tech
Global Exchanges Withstand Market Slide
NEW YORK-Throughout two days of dramatic market volatility on Jan. 22 and 23, many global exchanges saw record setting volumes, but few report technical difficulties.
Bringing Color to European Equities
Data is expected to become a key battleground for trading market share as multilateral trading facilities emerge across Europe to shake up the equities trading market. Eli Lederman, a former managing director and head of electronic trading at Morgan…
29West Preps Desktop Messaging Layer
Low-latency messaging provider 29West is developing a new messaging product that will enable users of its high-performance Latency Busters Messaging (LBM) and Ultra Messaging for the Enterprise (UME) to use those existing backbones to serve desktop…
Sponsored Statement: Voice Recording for Compliance
By Paul Manyweathers, Managing Director of CyberTech (UK) Ltd
Danske Markets Deploys Fenics FX
LONDON-Danske Markets plans to roll out pricing and risk management software Fenics FX from inter-dealer broker GFI Group in the bank's Copenhagen, Stockholm, Helsinki, Oslo, London, Dublin, Belfast, Luxembourg and Warsaw offices, say bank officials.
HKMA: Clean Up IT Problem Reporting
HONG KONG-The recent findings of the Hong Kong Monetary Authority's (HKMA's) annual audit of authorized institutions' (AIs') IT systems reveal inadequacies in reporting, risk assessment and rectification of IT problems, according to regulatory officials…
HKEx Preps Five-Fold Capacity Increase
HONG KONG-Hong Kong Exchanges and Clearing (HKEx) will be investing heavily in a series of IT upgrades over the next six months, say exchange officials.
Oracle to Acquire BEA Systems
REDWOOD SHORES, CALIF.-In a deal valued at $8.5 billion database giant Oracle plans to acquire all outstanding shares of San Jose, Calif.-headquartered middleware vendor BEA Systems, say vendor officials.
GL Trade to Take Warsaw Link Live
PARIS-Trading software and services provider GL Trade will launch several new connectivity hubs this year, DWT has learned.
NYSE Euronext to Debut Trading Algos
NEW YORK-Global exchange operator NYSE Euronext plans to release a set of vanilla trading algorithms, along with an algorithm development toolkit sometime in mid-2008 through its services and products business, NYSE TransactTools, DWT has learned.
Thomson Eyes Hosted Terminal Growth
Thomson Financial is considering making various versions of its Thomson One data products available using a Web interface rather than downloaded software, following demand for a Web-based version of its Thomson One Investment Management application.
Progress Launches Smart Order Router
BEDFORD, MASS.-Progress Software will announce today, Jan. 21, the launch of its Progress Apama Smart Order Router (SOR) Accelerator, DWT has learned.
Commodities ECN to Launch This Year
KANSAS CITY, MO.-Institutional commodities traders will soon have a new trading venue for over-the-counter (OTC) commodity options contracts with the expected mid-year launch of the Agora-X ECN, say ECN officials.
BEA, Lab49 Offer Joint Event Processing Strategy
SAN JOSE, Calif.-Middleware provider BEA Systems and financial services technology applications developer Lab49 have teamed up to create a framework approach to utilize the BEA WebLogic Event Server, officials announced today, Jan. 14.
DataSynapse Adds Microsoft Support
NEW YORK-Application virtualization software provider DataSynapse has announced the release of the latest version of its grid computing software FabricServer 2.5 today, Jan. 14, which includes support for Microsoft application platforms, including .Net…
Asia-Pacific in Hot Pursuit of West
ASIA-Three of the key trends of the US market last year-latency, regulation and data volumes-will emerge as key drivers of market development in the Asia-Pacific region this year, experts say, signaling that the Asian markets are fast catching up with…
Yipes Deploys PoPs in Europe
San Francisco-based Ethernet network provider Yipes Enterprise Services has bolstered its presence in Europe with the addition of two new points of presence (PoPs) in London and Frankfurt.
GL Trade to Debut TASE Link
PARIS & TEL AVIV-Tel Aviv Stock Exchange (TASE) officials expect to raise their exchange's international profile by connecting to GL Trade's pan-European application service provider (ASP) platform in April, say vendor officials.
ETRM Integration Challenges
As investment banks look to become more active in energy markets, many are just getting up to speed and learning the challenges of integrating their energy trading into their existing trading portfolio. With this in mind, Dealing with Technology has…
Allegheny Completes Integration Project
Energy utility Allegheny Energy has recently completed an integration project to streamline daily practices associated with energy transacting and related accounting processes by reducing the number of "handoffs" between operational groups, say officials…
Selecting the Proper ETRM Platform
After the collapse of Enron, the California energy crisis and misreporting of gas prices, the market for software to support energy trading and risk management (ETRM), hit a low point. In the last two years, however, the market has picked up, largely…