Trading Tech
Nasdaq OMX Launches Nordic CCP
STOCKHOLM-Global ex-change operator Nasdaq OMX launched its central counterparty (CCP) clearing services as DWT went to press on Oct. 9.
MS Bows Corvil to Combat Data Latency
Morgan Stanley is deploying systems from Dublin-based latency monitoring technology vendor Corvil to manage data latency across its European and US market data and trading infrastructure.
Morgan Stanley Seeks Latency TCA Offering
NEW YORK-As execution latency becomes a growing opportunity cost for low-latency traders, Morgan Stanley is investigating offering inter-party latency data as part of its transaction cost analysis (TCA) to its buy-side clients.
Panopticon Eyes EX Update
LONDON-Data visualization platform provider Panopticon Software expects to release version 5.3 of its Panopticon EX offering on Nov. 5 with a quick followup release of version 5.4 of its Panopticon Developer (PD) software development kit (SDK) on Nov. 23…
Morningstar Launches Thin-Client QuoteSpeed Terminal
Chicago-based data vendor Morningstar is rolling out a new, thin-client version of its QuoteSpeed workstation, designed to utilize Web delivery to cut the cost of ownership for clients and to appeal more to a US-based audience.
The Behemoth Awakens
It's a safe bet that LSE Group CEO Xavier Rolet has surprised many in the industry with the recent acquisition of exchange technology provider MillenniumIT, and now it appears that he has set his sights on multilateral trading facility (MTF) Turquoise (…
Capital IQ Upgrades Platform to Broaden Client Demand
Standard and Poor's Capital IQ division has integrated new features and data into the latest release of its data desktop, to make it easier for users to customize the platform and to broaden its potential user base and use scenarios.
Securities Lending's Data 'Explorer'
When the financial markets collapsed following the credit crunch, regulators imposed strict rules around short-selling activity to stabilize the markets, bringing a new focus on securities lending as an indicator of short selling. Inside Market Data…
FirstRain Overhauls Interface, Gives Users Control
Web research aggregator FirstRain last month revamped its online research platform to enable users to create their own searches for information, and which consolidates the vendor's company news, data and "ecosystems" of related companies, industries and…
Smart Order Routing Grows Up
It's hard to believe that smart order routing (SOR) is approximately a decade old and, like anyone approaching its teenage years, is about to go through a major growth spurt in several directions. Original routers only had to contend with the displayed U…
Expanding the Frontiers of Smart Order Routing
Once alternative trading systems (ATSes) started to pop up in U.S. cash equities markets in the late 1990s with the introduction of the U.S. Securities and Exchange Commission's (SEC's) Regulation ATS and changes to its order handling rules, smart order…
RadianzNet Inches Closer to Sunset
LONDON-BT officials expect to complete the decommissioning of the telecommunications giant's RadianzNet financial intranet, which it acquired from Reuters in 2005, in the next two years as it moves remaining RadianzNet clients onto BT's multiprotocol…
A Peek at the Next Generation
As more trading venues come online and differentiate themselves in terms of fee structures and order types, smart order routers need more intelligence in order to exploit these market structure changes. DWT sits down with Harry Gozlan, founder and CEO of…
LCH.Clearnet, EMCF Set for November Link
LONDON-European clearinghouses LCH.Clearnet Group and the European Multilateral Clearing Facility (EMCF) have inked a bilateral agreement to achieve interoperability by November of this year, according to officials.
BT Preps New Soft Turret
LONDON-Three unnamed investment banks and brokerages are pilot testing iTrader, an open-standards collaborations platform from telecommunications giant BT, which is slated for general availability by the end of the year, DWT has learned.
Instinet Adds BLX Liquidity Provider
NEW YORK-Traders looking for alternative methods to execute block trades have a new option as Pulse Trading and Instinet have linked their respective BlockCross and BLX dark liquidity pools, officials from both brokerages announced today, Oct. 5.
Markets Need to Get It Together
Open Platform
Banks Testing BT Soft Turret
TRADING TECHNOLOGY
Building the Artificial Trader
Opinion
The Risk Factors
EDITOR'S LETTER
The Fog of Risk
ONLINE EXCLUSIVE
The Laws of Finance
Asia Report
The Impact of Latency
TRADING TECHNOLOGY