Trading Tech

SunGard Opens Access To Japanese Markets

NEW YORK-Three Japanese exchanges-the Osaka Securities Exchange (OSE); the Tokyo Commodity Exchange (Tocom); and the Tokyo Stock Exchange (TSE), including its Tdex+ options trading platform-are now enabling remote membership through SunGard's application…

Oracle Bets on Sun

After weeks of watching IBM and Sun Microsystems attempting the mergers and acquisition dance, leave it to Oracle to cut in and steal the deal with a $7.4 billion offer ( see story, this issue ).

Chi-X Announces Dark Book

LONDON-Pending regulatory approval, multilateral trading facility (MTF) operator Chi-X Europe plans to launch a dark liquidity book later this quarter, MTF officials tell DWT .

Baikal Selects Technology Partner

LONDON-London Stock Exchange (LSE) officials have selected Fidessa to develop order management and smart order routing (SOR) technology for the LSE's dark-liquidity trading platform Baikal, which is set to launch in July.

Pink OTC Releases Trade Data Feed

New York-based Pink OTC Markets, operator of the Pink Sheets and OTCQX over-the-counter equity markets, has launched a new feed of trade data to make liquidity more transparent on its markets and attract new participants.

Pipeline Dives Into Block Options

NEW YORK-In a move to widen its instrument support, block equities crossing network provider Pipeline Trading has recently acquired the assets of block options crossing platform operator 3D Markets in an undisclosed private transaction.

ISE Ready to Go Global

Two years after it was bought by futures exchange operator Eurex, the International Securities Exchange (ISE) is expanding its platforms to a global footprint. DWT editor Rob Daly discusses the ISE's plans to roll out a new global trading platform with…

ITG Releases List-Based Algo to Europe

LONDON-Officials at agency brokerage and crossing network provider Investment Technology Group (ITG) announced today, April 20, the addition of a new list-based algorithm, dubbed Dynamic Implementation Shortfall (Dynamic IS), to the European markets.

Pivot Launches into OTC Natural Gas Markets

JERSEY CITY, N.J.-Secure instant messaging (IM) platform provider Pivot has released today, April 20, Instant Markets for the over-the-counter (OTC) natural gas markets that will consolidate a trader's instant messages into a single market view, DWT has…

Fixnetix Debuts Risk Management Suite

LONDON-U.K.-based low-latency trading connectivity and market data distribution vendor Fixnetix is launching iX-Risk Control, a risk and limit management suite that integrates with its trading connectivity product iX-Trade, direct market data feed iX…

Speed Limits

As two of this week's top stories show, data isn't always about speed, but is often about making sure that the right data gets to the right people, with guaranteed uptime in the event of an outage from any one provider.

Ionic Expands Fund Search Capabilities

UK-based data vendor Ionic Information is preparing to launch a new set of fund analytics that will help investors identify and narrow down funds that meet their specified investment and performance criteria.

Fixnetix Preps Real-Time Risk Analytics

UK-based low-latency data and trading technology vendor Fixnetix will this week roll out a real-time risk application targeted at prime brokers, who can use the service to monitor and control hedge fund clients trading in the broker's name as part of…

Pivot Readies IM Data Montage

Instant messaging and collaboration software vendor Pivot is testing a new product that captures over-the-counter dealer quotes from IM communications between brokers and buy-side clients, and displays them in a montage of prices.

Bids Puts Best Face Forward

As the pace of liquidity fragmentation in the U.S. begins to slow, the players who managed to carve out a piece of the pie must now work harder to maintain their market share. As alternative trading system (ATS) Bids Trading marks two years since its…

InfoReach to Update TMS

CHICAGO-Officials from trading platform provider InfoReach tell DWT that a major upgrade to the vendor's Trade Management System (TMS) is approximately a month away.

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