Trading Tech
Swedbank Adopts Aleri for Liquidity Risk
CHICAGO-Officials from Stockholm-headquartered Swedbank announced today, Nov. 16, that the bank has selected complex event processing (CEP) platform provider Aleri's Liquidity Risk Manager (LRM) for risk management and to meet regulatory requirements.
But is it the Right Tool for the Job?
After receiving supposed direct messages on Twitter from a former British colleague with links to domains hosted in Montenegro and a few central Asian republics, I assumed his account had been hacked. It also started me wondering how useful social media…
Carbonn's Copy - In Sickness and in Health
This week you'll notice that the weekly Inside Market Data editorial column has a different title and author. That's because editor Max Bowie is in California getting married to none other than IMD 's chief subeditor Elina Patler. The event is certainly…
SuperDerivatives Enhances Data API
Derivatives pricing and risk management software vendor SuperDerivatives has enhanced the application programming interface (API) for its portfolio valuation service, dubbed SD-Revaluation, to enable clients to incorporate different data sources into…
TradeVec Preps Analytics Platform
Gibraltar-based trading and data technology vendor TradeVec is preparing to launch an analytics platform, which will allow clients to create their own real-time analytics and trading indicators, as well as to develop and back-test trading strategies…
Canadian Markets Prepare for High-Frequency Trading
TORONTO-Although dark liquidity and high-frequency trading are less prevalent in the Canadian markets compared to the U.S. and Europe, rule proposals from the country's securities regulators appear to be pushing leading Canadian trading venues to enhance…
Pragma Securities Relocates Datacenter
NEW YORK-When Pragma Securities looked for a new datacenter to house its automated trade execution and dark liquidity pool, it selected to deploy its blade servers within datacenter hosting provider Switch and Data's New York Financial EcoCenter facility…
Smart Order Routing: Adapt or Die
Smart order routing (SOR) has been one of the most significant trading-related developments for both buy- and sell-side organizations over the past three to four years. Gone are the days when issues were listed on a single exchange or just a handful of…
ITRS Set to Update Geneos
LONDON-Data technology vendor International Trading Room Software (ITRS) Group plans to add new developments to its Geneos platform by providing advanced analytics, due out in 2010, according to vendor officials.
NYSE Euronext Finds ATS Buyer
NEW YORK-In a $5 million three-way deal expected to close by the end of the year, agency brokerage BNY ConvergEx will acquire alternative trading system (ATS) operator Nyfix's U.S.
Velocity Trade Readies API Connectivity
TORONTO-Canadian foreign exchange (FX) dealer Velocity Trade expects to take its first client live sometime this week, say officials, with an application programming interface (API) connection into the dealer's middle- and back-office systems, officials…
BGC Hires Sybase for Database Support
NEW YORK-As part of a plan to adjust its internal IT systems, global inter-dealer broker BGC Partners tells DWT it has contracted database provider Sybase to support the firm's database in order to improve management of real-time risk.
Stock Exchange Outage Spurs MTF Changes
LONDON-As undisclosed server issues brought trading in one twelfth of the stocks traded on the London Stock Exchange (LSE) to a halt last week, the knock-on effect has led to changes in trading on multilateral trading facilities (MTFs), according to MTF…
Coming in from the cold
Central clearing has dominated the agenda of credit derivatives dealers this year, even though buy-side firms are yet to gain access to such industry initiatives. But, as Joel Clark reports, this is set to change mid-way through next month if the…
StreamBase Boosts Canada Coverage
Complex event processing software vendor StreamBase Systems has developed an adapter to provide connectivity to market data feeds from Pure Trading, a Toronto-based alternative trading system operated by CNSX Markets, expanding the vendor's coverage of…
Options IT Connects to OMX Feeds
New York-based infrastructure-as-a-service provider Options IT recently expanded its exchange coverage by adding Nasdaq OMX's Copenhagen, Iceland, Stockholm and Helsinki stock exchange feeds to its Velocity managed direct feeds service, to expand the…
Pure Trading Girds for High-Frequency Trading
TORONTO-Operators of the Pure Trading Canadian alternative trading system (ATS) are braced for an onslaught of high-frequency trades as a number of U.S. trading firms connect to the platform later this month.
Options IT Adds Nordic Support
NEW YORK-Infrastructure-as-a-service vendor Options IT has extended its Velocity high-speed market connectivity service to the Nasdaq OMX Nordic Exchanges, officials announced today, Nov. 9.
Townsend Preps Ticker Plant Refresh in Volume Battle
Chicago-based data and trading technology vendor Townsend Analytics is rolling out a new component within its market data infrastructure to enable the vendor to deal with ever-growing market data rates, as part of a long-term plan to re-architect its…
Keynotes: Asia Emerges As 'New West' in More Interconnected Markets
The keynote speakers from Thomson Reuters and Interactive Data at last week's Asia Pacific Financial Information Conference delivered a rallying cry to market participants in the region to prepare for the challenges resulting from anticipated rises in…
Fixnetix Expands Corvil Deal for Client Latency Visibility
Low-latency data and trading technology vendor Fixnetix has licensed the CorvilClear peer-to-peer latency monitoring software from Dublin-based vendor Corvil to provide its clients with better visibility into the latency of market data delivery and order…
Cost Pressures Refocus User Priorities
As trading and investment firms face growing data requirements and shrinking budgets as a result of the turbulent economic environment, market data managers are focusing on better data administration, persuading vendors and exchanges to implement cost…