Trading Tech
RTS Realtime Systems Connects to Bats Europe
CHICAGO-Traders looking to connect to multilateral trading facilities (MTFs) now can route to Bats Europe via exchange gateway provider RTS Realtime Systems Group, officials announced today, May 18.
Appro Rolls Out Hybrid Server
MILPITAS, CALIF.-Enterprise server maker Appro has released its first server offering-the Appro HyperPower Cluster (APC)-that marries graphical processing units (GPUs) from Nvidia with Intel Xeon processors, today, May 18, according to a vendor…
Patsystems Updates Pro-Mark
NEW YORK-In the recently upgraded release, version 5.4, of its Pro-Mark trading application, Patsystems has added additional keyboard functionality to improve the trading experience, according to a vendor spokesperson.
NYSE Euronext Sets 2010 London Datacenter Debut
LONDON-Exchange operator NYSE Euronext is set to finish building its new primary European datacenter, located outside London, next month, and will have the core technologies in place by the first quarter of 2010, say officials.
SuperDerivatives Expands in Asia
HONG KONG-A Hong Kong-based third-tier bank is set to go live with SuperDerivatives' (SD's) trading and pricing platforms by June, according to the vendor.
Onix Solutions Signs French Banks
LONDON-Two unnamed large energy trading French investment firms recently inked a deal with startup FIX connectivity vendor Onix Solutions (OnixS) to connect to the IntercontinentalExchange (ICE), say vendor officials.
CBOE Readies Management Automation
CHICAGO-In order to automate its application and infrastructure management, and stem the loss of institutional memory, the Chicago Board Options Exchange (CBOE) is using two products from IT and business service management provider BMC Software.
Router Utilization Downs Tocom Trading
TOKYO-Traders executing on the Tokyo Commodity Exchange (Tocom) experienced a three-and-a-half-hour break in action last Tuesday, May 12.
Capital IQ Expands Functionality, Datasets
Standard & Poor's Capital IQ division last month rolled out additional functionality and datasets in its Capital IQ desktop platform, to broaden its appeal and make it more of an enterprise-wide data offering.
A Sneak Preview
No one can deny that the unprecedented events of the past year have made life incredibly tough for the financial industry as a whole, and for the market data professionals at consumer firms and vendors that serve the industry with its data needs-all of…
Fixnetix Readies US Low-Latency Play
UK-based low-latency data vendor Fixnetix is setting up hubs and arranging connectivity to datacenters serving the financial trading community in the New York and Chicago, to provide European clients with access to exchanges in North America, and US…
Green Data: Impact vs Low Latency?
Milliseconds matter, but so does public opinion. Professor Michael Mainelli, executive chairman of London-based think-tank Z/Yen Group, says trading can remain competitive while dealing with issues more important than latency.
Correlix Speeds New London Office to Meet Europe Demand
New York-based latency monitoring technology vendor Correlix is preparing to open an office in London to support a growing number of clients it has recently signed in Europe, officials tell Inside Market Data .
IBM Updates Low-Latency Messaging
IBM has released version 2.2 of its MQ Low Latency Messaging (LLM) layer. New features include a message store and shared memory capability to improve the product's reliability, speed and usability.
Pivot Adds Equities to Instant Markets
Messaging and collaboration software vendor Pivot is expanding its Instant Markets application, which creates a quote montage from prices in instant messages, to support block trading of US equities.
Bloomberg, Microsoft Forge Closer Partnership with New Excel Add-in
Bloomberg last week announced an updated version of its plug-in for Microsoft Excel, built in partnership with Microsoft's development team, and a closer partnership with the software giant that involves closer cooperation on client sales and marketing…
Knight Slays Performance Latency
Most broker-dealers are in a race to achieve the lowest network messaging latency possible, but for trade execution and market data, agency broker Knight Capital Group sees managing latency as only one leg in the quest to deliver best execution for its…
PHLX to Begin Inet Migration
NEW YORK-Global exchange operator Nasdaq OMX plans to begin moving the Philadelphia Stock Exchange (PHLX) to the operator's Inet trading system later this year as part of a trading platform upgrade. Nasdaq OMX aims to complete the project early in the…
Mastering Latency Management
Since the introduction of electronic trading, achieving low-latency messaging has been a constant arms race amongst market participants. Being the first to see and execute against a quote puts traders in the best market position possible. Yet creating…
Solving the Latency Problem
As algorithmic and black box traders continue to grow their share of trading volume on the electronic markets, the importance of managing message latency continues to grow in parallel. For those firms that can receive the quotes the quickest and execute…
Multi-Asset Platforms Pose Challenges for Exchanges
NEW YORK-Due to the latest wave of consolidation in the U.S. exchange space, several futures and options marketplaces have become multi-asset venues and are now grappling with the challenges that entails, according to industry insiders.
Sybase Builds Analytics into RAP
Sybase will this week release a version of its RAP Trading Edition data and analysis platform that includes new, embedded real-time analytic capabilities and the ability for users to write or implement their own within RAP, streamlining the process of…