Trading Tech
RTI Unveils Data Routing Service
Messaging provider RTI will this week allow early adopters to begin testing its RTI Routing Service, a software router for distributing, transforming and filtering data between DDS (Data Distribution Service) systems that improves integration between…
Putting a Value on Valuations
Valuations aren't just a part of firms' investment and portfolio management strategies; they are also big business, as Thomson Reuters' recent forays into evaluated pricing with the acquisition of part of Moody's Evaluations, and the hires of staff from…
Fidessa Adds OTC Data to Liquidity Analytics
UK-based trading technology and market data vendor Fidessa is planning to incorporate data from over-the-counter trade reporting venues and dark pools into its Fidessa Fragmentation Index (FFI) liquidity analytics service, which traditionally focused on…
European Data Dilemmas: Navigating Fragmented Liquidity
The end of concentration rules brought about by the European Commission's Markets in Financial Instruments Directive has heralded a new age of competition between exchanges and multilateral trading facilities. But what are the implications for the market…
The Future of High-Frequency Trading
The popularity of high-frequency trading is growing by leaps and bounds within the financial services industry, despite the growing political pressure to further regulate it. High-frequency trading adds liquidity to the market, tightens spreads while…
Handling the Growing Buzz
High-frequency trading is at a crossroads. The barriers to entry for high-frequency trading have never been this low for buy-side firms. At the same time, sell-side brokers are facing a low-latency arms race trying to make sure they can deliver the…
Evolving Demands Lead Wedbush to Diversify
Automated trading has been constantly evolving over the past decade as trading technology progresses, but its overall effect on the cash equities markets has not changed: Trading margins continue to come under increasing pressure as more firms want to…
TradElect Replacement Fuels LSE's MillenniumIT Buy
LONDON-In a move that surprised many in the industry, the LSE Group recently announced plans to acquire Sri Lankan exchange platform provider MillenniumIT in a deal priced at £18 million ($30 million), say exchange officials.
Bank Leumi Takes WSS FX Options Module Live
TEL AVIV-Bank Leumi went into production with Wall Street Systems' (WSS's) foreign exchange (FX) options module for the middle- and back-office processing of vanilla, exotic and non-deliverable options at the end of August, DWT has learned.
Options IT Acquires BNP Paribas IaaS Unit
NEW YORK-Infrastructure-as-a-service (IaaS) provider Options IT has expanded its U.S. datacenter footprint with the acquisition of the assets and clients of BNP Paribas' infrastructure hosting business, officials announced today, Sept. 21.
Bats Mulls Second U.S. Quote
KANSAS CITY, MO.-The operators of the Bats Exchange plan to file an application with the U.S. Securities and Exchange Commission (SEC) for a second equities exchange license for a new exchange to be called BYX, according to officials.
Carnegie Bank Upgrades PC Blades
NEW YORK-As part of a trading floor re-fresh, Swedish investment bank Carnegie Bank plans to roll out the latest version of ClearCube Technology's quad-monitor PC blade platform across its trading floor, vendor officials announced today, Sept. 21.
BarCap Strengthens Barx's FX Bite
LONDON-Barclays Capital (BarCap), the investment banking division of Barclays Bank, has expanded the foreign exchange (FX) trading capabilities of its Barclays Automated Real-time Execution (Barx) electronic trading platform by introducing a new suite of…
Cloud Consortium Starts Monterey Initiative
NEW YORK-Several cloud computing vendors have announced the planned availability of an integrated enterprise cloud computing test bed, dubbed Monterey, today, Sept. 14.
Solace Upgrades SolaceMQ Scalability, Security
OTTAWA-Hardware-based data accelerator platform provider Solace Systems announced today, Sept. 14, version 4.5 of its SolaceMQ queued messaging platform that offers a major performance boost and improved security capabilities over the previous release.
Solace Touts Latency, Volume Advances
Hardware-based messaging provider Solace Systems will this week announce that it has achieved latency of less than 700 nanoseconds for data transfer between applications using shared memory over the same motherboard in co-location environments requiring…
Kx Improves kdb+ Data Management
Data technology vendor Kx Systems has released version 2.6 of its kdb+ database, which adds support for nanosecond timestamps, and improved tools for managing data transfer across different instances of kdb+ and to other data-consuming applications.
A Chance of Clouds
Watching the evolution of cloud computing, I can't help but have that nagging feeling of déjà vu as various people in the industry stake out different strategies on how to link cloud computing environments.
Keeping Us in The Loop-Literally
This week, Inside Market Data takes to the road again, this time to Chicago, home of the Cubs, the White Sox, and quite a few Bulls and Bears beyond the sports teams of the same name.
Reuters First Approaches Last Days
Thomson Reuters is set to retire its Reuters First legacy Nordic data display product, which evolved from a desktop terminal developed by Falcon Information Services, a Norwegian vendor acquired by Reuters in 1991.
Data Cloud Has a Silver Lining
As more firms and vendors consider transferring non-core, compute-intensive data requirements such as tick history management to virtual processors in cloud computing environments, Rob Daly, editor of sibling publication Dealing with Technology ,…
Aqumin Integrates Bloomberg Data into Heatmap Displays
Houston, Texas-based data visualization software vendor Aqumin will this week release version 2.0 of its AlphaVision heatmap display tool, which allows users to incorporate data from their Bloomberg Professional terminals into the charting displays.
Millistream Readies Web Services Data Delivery
Swedish data vendor Millistream Market Data is in the final stages of developing a Web Services capability to deliver on-demand data to clients, using SOAP technology, and has already built a number of components to help customers develop customized Web…
The New Data Imperative: Real-Time Risk
As hints of a market recovery start to emerge, what can Wall Street do to avoid another crisis? Sybase senior executives Dr. Raj Nathan, Irfan Khan, and Sinan Baskan condense the key advice from their recent book, The New Data Imperative: Managing Real…