Trading Tech
Exchanges Gear Up to Comply with Uptick Rule
NEW YORK-Major U.S. exchanges say modifying their trading systems to comply with the recent changes to limit short selling by the U.S. Securities and Exchange Commission (SEC) will be a coordinated effort and should be completed by the end of the year.
The Deal of the Millennium
As the CEO of an exchange technology provider, what do you do when a premier global exchange comes knocking on your door asking if you would be interested in providing them with a new trading system and also whether they could make a strategic investment…
RTI, Paremus Partner for Next-Gen Cloud
Paremus, a London-based distributed computing software vendor, is integrating its Service Fabric software runtime platform with a low-latency data messaging layer from Sunnyvale, Calif.-based middleware vendor Real-Time Innovations, to create a framework…
Activ Lets Fly With Arrowhead MPU
Low-latency data vendor Activ Financial has added support for low-latency data from the Tokyo Stock Exchange's new Arrowhead technology platform to its datafeed, as well as to its ActivFeed MPU (Market data Processing Unit) hardware accelerated ticker…
Paremus Adds Clients with Low-Latency Messaging
LONDON-Two unnamed global investment banks plan to have pilot implementations of the OSGi-based Paremus Service Fabric (PSF) from Paremus up and running this spring, vendor officials tell DWT .
Capital IQ Revamps Comps, Expands Spotfire Visuals
Standard and Poor's Capital IQ subsidiary has rolled out a new release of its desktop data display platform that incorporates its revamped comparative analytics functionality, as well as updates to existing components to make it quicker and easier for…
Fixnetix Uncorks Burgundy Data
Low-latency data and trading technology vendor Fixnetix is in the final stages of conformance testing with Stockholm-based multilateral trading facility Burgundy, and will next month begin offering a low- latency feed of data from the trading venue, as…
QuantHouse to Update QuantFactory
Low-latency data provider QuantHouse will launch a new version of its QuantFactory automated trading strategy development framework next month that will be more robust, faster, and able to handle higher volumes of data when back-testing trading…
Keeping an Eye on the Prize
I must apologize in advance to all theoretical physicists out there, but I recently heard a wonderful joke. A dairy owner is trying to figure out how to maximize his milk production so he writes to the smartest man he knows-his brother, the theoretical…
Australian Securities Exchange to Adopt Genium Inet
SYDNEY-Operators of the Australian Securities Exchange (ASX) plan to retire the exchange's legacy Click XT trading platform from Nasdaq OMX and replace it with the Genium Inet trading platform, also from Nasdaq OMX, for its equities and derivatives…
European Regulators Okay Clearinghouse Interoperability
LONDON-Several European market regulators have recently published their positions on central counterparty (CCP) clearing linkages, and clearinghouses are preparing to take the next step in interoperability.
Icap Revamps Global Messaging Architecture
NEW YORK-As part of a broader infrastructure initiative intended to establish a services framework atop a high-performance low-latency messaging infrastructure, Icap Electronic Broking (IEB) is in the midst of deploying a global network of message…
Cost, Performance Concerns Dominate SIX Swiss Exchange
With the rise of multilateral trading facilities (MTFs) and systematic internalizers (SIs), European exchanges face challenges they never envisioned prior to the introduction of the Markets in Financial Instrument Directive (Mifid). DWT European reporter…
UNX Eyes Europe, Multi-Asset Support
NEW YORK-Execution management system (EMS) provider UNX plans to expand its UNX Catalyst Portal to include more assets and greater geographic coverage, vendor officials tell DWT .
Cinnober Gains Real-Time Clearing Client
STOCKHOLM-Trading and clearing platform vendor Cinnober has signed the first client-an unnamed firm-for its new real-time clearing platform, and is negotiating with three or four parties in Europe who are looking for a clearing system, vendor officials…
Introducing Brokers Ramp Up Application Spending
BOSTON-U.S. introducing brokerage firms are poised to increase spending on business applications this year, while clearing firms will compete to get more of that spending, according to the authors of a recent white paper from industry research firm Aite…
Options IT Lights Pipe in Interxion
Infrastructure-as-a-service vendor Options IT has expanded its Options Pipe direct feed and infrastructure management suite to hosting provider Interxion's London Financial Hub, to provide proximity to market data from major local markets.
StreamBase Opens Developers Sandbox
NEW YORK-Complex event processing (CEP) platform provider StreamBase Systems has built an online service that will allow financial industry IT developers to download and share reusable components in a global community, vendor officials announced today,…
Options IT Expands London Footprint
LONDON-Infrastructure-as-a-service (IaaS) provider Options IT has rounded out its connectivity offering for firms seeking to trade in the London-based markets with the deployment of its Options Pipe infrastructure in datacenter host Interxion's City of…
Beta-Gamma Debuts FX Algo Offering
LONDON-Foreign exchange (FX) tools provider Beta-Gamma Research has launched Trigger Trader, an algorithmic trading product aimed at lower- and mid-tier banks, vendor officials announced today, Feb. 15.
Tying Down the Cloud
Maybe it's me, but in all the discussion around the adoption of cloud computing, one topic has seemed to escape comment: How does cloud computing reconcile itself with the physical requirements of the trading world?
Making That Special Connection
Valentine's Day: a time for hopeless romantics, confessions of love, overpriced meals, and for separate parties to come together as part of a greater unity. No wonder, then, that CME Group and Dow Jones Indexes should choose last week to marry their…