Trading Tech
JonesTrading Adds International Trading Desk
LOS ANGELES-Agency-broker JonesTrading Institutional Services announced today, June 1, that it has deployed the international trading capabilities of its order management system (OMS) and connectivity provided by Fidessa to support the firm's new…
Citi Maps Out European Strategy
As new European markets pop up taking liquidity from long-established exchanges, investment banks find themselves chasing liquidity down a maze of various trading venues. DWT European reporter Cecilia Bergamaschi sits down with Jack Vensel, managing…
Canadian ATSes, SOR Drive FIX Adoption
TORONTO-Although the proliferation of the FIX messaging protocol in Canada has been behind the U.S. or Europe, the changes in Canadian capital markets and how industry members are responding to them highlight the need for greater adoption of the protocol…
Neonet Plans Global CorvilNet Deployment
JERSEY CITY, N.J.-In an effort to attract more high-frequency traders, Swedish agency brokerage Neonet will deploy the latest version of the CorvilNet latency monitoring device from latency monitoring vendor Corvil, vendor officials announced today, June…
Microsoft Ready to Join CEP Fray
NEW YORK-Software giant Microsoft is in the final stages of preparing for the July launch of its beta testing and technology acceptance program (TAP) for its complex event processing (CEP) offering, which it plans to ship in the first half of 2010, say…
Fixnetix Hosts Bats Europe
LONDON-Clients of Bats Europe now have the option to co-locate their servers in the same datacenter as the multilateral trading facility's (MTF's) matching engine via a new service offered by trading connectivity and market data distribution vendor…
MetaBit Cuts Latency with Solace
Japanese FIX order-routing provider MetaBit has integrated hardware messaging vendor Solace Systems' 3260 Content Routers into its XiliX direct market access platform and Market Liquidity Hub, to reduce the latency of exchange data it distributes to…
Instinet Launches Third-Generation EMS
NEW YORK-Agency broker Instinet is close to completing the global deployment of the latest version of its execution management system (EMS), Newport 3, officials tell DWT.
MetaBit Turns to Solace for Performance Bump
TOKYO-In order to boost the performance of its trading offerings in the Asia-Pacific markets, trading technology provider MetaBit plans to embed low-latency, high-throughout Solace 3260 Content Routers from hardware-based middleware and messaging…
Thomson Reuters Adds Commodities to NewsScope
NEW YORK-Black-box traders have another tool at their disposal, as Thomson Reuters expands the coverage of its Reuters NewsScope Sentiment Engine (RNSE) with a new module that covers the commodities and energy markets, officials plan to announce Tuesday,…
Exchange Giants Prepare for New Markets
LONDON & NEW YORK-To meet the rapidly changing market structures, major exchange operators are on the verge of launching a number of initiatives to maintain their dominant positions in the global markets.
Experts: Think Twice About Low-Latency Race
LONDON-Although achieving ultra-low latency is the top priority for many market players, it is fundamental that firms assess their business needs as well as the costs of maintaining a leading-edge infrastructure before deciding to enter the speed battle,…
Regulators Weigh Mifid's Success
LONDON-Since its rollout, the Markets in Financial Instruments Directive (Mifid) has increased competition in the securities markets and lowered costs for investors, according to European regulators.
Banks Eye Mixed Platforms to Calculate Front-Office Risk
LONDON-When tackling risk, financial firms are using front-office systems that combine real-time and batch-based calculations, according to industry participants who spoke during a panel discussion about risk at the DWT 2009 conference.
The Party's Over
The first item on my agenda this week must be to say a big thank you to everyone who participated in last week's North American Financial Information Summit-from the speakers and participants who made the panel discussions the best that I've seen, to the…
Celoxica Preps 29West LBM Acceleration Card
UK-based hardware acceleration technology vendor Celoxica has begun beta testing an accelerator card that will reduce latency for customers using 29West's Latency Busters Messaging (LBM) over UDP (User Datagram Protocol) Multicast links, officials tell…
Bottega: Be Pragmatic, Be Understood
John Bottega, recently appointed chief data officer at the Federal Reserve Bank of New York, kicked off last week's North American Financial Information Summit with a keynote speech calling for data management professionals to be more pragmatic in their…
Vendors Focus on New Drivers of Demand
Data providers are adapting to economic conditions with new content sets and capabilities driven not just by cost pressures, but by end-user demand to comply with new regulations, and by simplifying product sets to address broader audiences, according to…
Latency Still Vital, But 'Smarts' is New Focus
While latency continues to be a competitive differentiator for trading firms, they are placing more emphasis on how they leverage their technology in smarter ways to create greater benefits, according to panelists at last week's North American Financial…
Panel: Take Dual Approach to Tackling Capacity
Capacity issues resulting from more algorithmic trading and increased data volumes continue to vex industry participants, who are taking a dual approach of trying to predict capacity requirements while reducing the number of applications that need access…
Open-Source OMS Adds Real-Time Capabilities
SAN FRANCISCO-The latest release, version 1.5, of the open-source order management system (OMS) from vendor Marketcetera now includes features to help traders scale, support multiple users and get deeper real-time reporting on profit and loss (P&L) for…
TraderTools to Integrate Caplin Trader
NEW YORK-Foreign ex-change (FX) trading technology provider TraderTools is planning major third quarter upgrades to its Liquidity Management Platform, including the white-labeling of Caplin Trader from Caplin Systems, vendor officials announced today,…
29West's UME Gains Low-Latency Queuing
NEW YORK-Low-latency messaging products provider 29West is set to introduce support for queuing as a delivery type for its Ultra Messaging for the Enterprise (UME) product, DWT has learned.
29West Develops Fast-Track Queuing
Low-latency messaging middleware vendor 29West is preparing to release a new message queuing function as part of its Ultra Messaging for the Enterprise (UME) data distribution platform, to manage data transfer between applications.