Trading Tech
Colt to Expand Proximity Hosting Data Service
LONDON-Infrastructure and network services provider Colt Telecom is planning to expand its proximity hosting services to include datacenters in London, Madrid and Milan, and will eventually utilize all of its 16 datacenters in 10 countries across Europe…
Colt to Expand Proximity Hosting Data Service
Infrastructure and network services provider Colt Telecom is planning to expand its proximity hosting services to include datacenters in London, Madrid and Milan, and will eventually utilize all of its 16 datacenters in 10 countries across Europe to…
Société Générale Takes Risk to Grid
PARIS-The Corporate and Investment Banking (CIB) division of French banking giant Société Générale (SocGen) has moved its credit risk calculations onto the bank's grid computing environment powered by Platform Computing's Symphony solution, vendor…
Börse Berlin Acquires Equiduct
BERLIN & London-German regional exchange Börse Berlin is set to buy a majority stake in pan-European market operator Equiduct, DWT has learned.
Nasdaq, Börse Dubai Enter OMX Pact
STOCKHOLM-The Nasdaq Stock Market and state-run Borse Dubai announced a deal last Thursday to join forces and acquire exchange operator and technology provider OMX.
Panel: Fragmented Europe Drives Latency Focus
Growing data volumes arising from the emergence of new markets in Europe will increase the use of technology to automate parts of the trading process and prompt a greater focus on latency in the region, according to an industry panel hosted by Colt…
RTI Enlists Coral8 for CEP-Enabled Middleware
Real-Time Innovations, a Santa Clara, Calif.-based provider of real-time messaging middleware has licensed software from Mountain View, Calif.-based complex event processing (CEP) vendor Coral8 to boost the CEP capabilities available as an integrated…
Lack of Expertise Hampers FPGA Use
Hardware-accelerated solutions provide the best hope of dealing with high volumes of market data at low latencies, but may suffer because of the industry's current lack of experience and expertise with the new technologies, according to a conference…
Looking for America
As investment banks look to expand in emerging markets, DWT U.S. reporter Oksana Poltavets sits down with Fimat Group's North American managing director for equities Douglas Engmann to discuss what the coming year has in store for wholly owned subsidiary…
Panel: Watershed Moment for Trading
LONDON-The trading environment is on the eve of tectonic changes due to new technology and regulations, as well as increasing competition, say investment bank and exchange officials, who spoke during a roundtable hosted by networking vendor Colt Telecom.
Icap Enters Second Phase of Reuters Rollout
HONG KONG-Interdealer broker Icap is in the midst of its second phase of deploying the Reuters Market Data System (RMDS) in its Asia-Pacific offices. The latest phase consists of backend development for sharing data between Icap's core data platform and…
Chicago Board of Trade Suffers E-Trading Snag
CHICAGO-Electronic traders using the Chicago Board of Trade's (CBOT's) e-cbot trading platform experienced a two-hour trading halt on Wednesday, according to exchange officials.
Cisco Launches Faster UDP Lookalike
Routing and networking technology provider Cisco Systems will this week announce a new software product dubbed DAL (Datagram Acceleration Layer), designed for use with InfiniBand networking within low-latency data platforms and automated trading…
Tervela Unveils Messaging Appliance, Feed SDK
Tervela, a provider of hardware-based messaging infrastructures, will next month release a software development kit (SDK) that trading firms can use to develop feed handlers for capturing and normalizing data from incoming feeds for distribution over…
Tenfore Preps Low-Latency Ticker Offering
UK-based data vendor Tenfore Systems plans to license the ticker plant technology that it uses to collect and normalize data for its own consolidated feed to trading firms for use in low-latency applications.
Capis Rolls Out Hosted Fidessa
DALLAS—As part of a major technology upgrade, agency brokerage Capital Institutional Services (Capis) is in the midst of decommissioning its internally developed equities trading platform and deploying a fully hosted solution from order management system…
Savvis Launches Co-location Service
NEW YORK—IT infrastructure provider Savvis is looking to aid prime brokers and their buy-side clients with the introduction of the vendor's new Proximity Hosting service, which was announced today, Sept. 17.
Tervela Offering Cuts Routing Latency
NEW YORK—Emerging from stealth mode today, Sept. 17, hardware-accelerated messaging vendor Tervela announced that it has helped an unnamed tier-1 bank achieve sub-millisecond order-routing latency, sources tell DWT .
Savvis Co-Lo Cuts Hedge Fund Latency
Network and hosting provider Savvis will this week unveil a proximity hosting service that enables trading firms to locate servers running their algorithmic trading systems inside the vendor's Weehawken, NJ datacenter, for low-latency connectivity to…
Speed Machines
Italian sportscar manufacturer Lamborghini unveiled its latest creation at the Frankfurt Motor Show last week—the fighter jet-inspired Reventon. The car goes from 0-62 mph in 3.4 seconds, and will empty your wallet even faster. Only 20 will be made and…
eSignal Adds to Desktop, Charting Apps
Interactive Data's Hayward, Calif.-based data and analytics subsidiary eSignal has released a trio of product enhancements for institutional and individual traders.
CTS Tech Migration Targets Scalability
The Consolidated Tape Association will migrate its CTS (Consolidated Tape System) feed to a new technology platform over the next month, allowing the CTA to increase the feed's capacity in a cost-effective way to deal with rising data rates, officials…