Trading Tech
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…
Industry Debuts Hybrid Emission Trading
The emissions market has taken its first steps to greater transparency as inter-dealer broker GFI Group recently launched its Web-based EnergyMatch trading platform for over-the-counter (OTC) energy derivatives.
InfoReach to Adopt FIXATDL
CHICAGO-BrokerReach, a light-weight Web-based execution management system (EMS) from financial trading software vendor InfoReach, should be sporting support for FIX Algorithmic Trading Definition Language (FIXATDL) in its wizard function in the near…
AXE Preps Q1 Launch with BT Proximity
AXE, an Australian ECN set up jointly by the New Zealand Exchange, Citigroup, CommSec, Goldman Sachs JBWere, Macquarie Bank and Merrill Lynch in 2006 to provide competition for trading and reporting in Australian Securities Exchange-listed stocks, will…
Turquoise to Waive Data Fees at Launch
Project Turquoise, the European multilateral trading facility formed by a consortium of nine broker-dealers, plans to make its quote-and-trade data available free of charge when the platform goes live later this year.
TSE Set to Take Derivatives Engine Live
TOKYO-The Tokyo Stock Exchange (TSE) is going live on a new derivatives trading engine this Tuesday, Jan. 15, and at the same time, will launch an electronic off-auction trading market for derivatives.