Trading Tech
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.
Swedbank Readies Nordic Markets SOR
STOCKHOLM-In preparation for the launch of the Nordic multilateral trading facility (MTF) Burgundy on May 8, Swedbank plans to offer a smart order routing (SOR) service to its institutional and retail clients, bank officials announced today, April 20.
Sydbank Revamps Trading Floor
AABENRAA, DENMARK-Danish financial firm Sydbank went live with its redesigned trading floor last week, officials announced today, April 20. The initiative is the foundation of a larger project that aims to unify communications on the bank's trading floor…
Skyler Boosts Real-Time Data Failover
Concord, Calif.-based Skyler Technology has launched a new component of its C3 data suite to help improve the resilience of market data infrastructures in the event of data outages.
Turquoise Opens Network to Latency Monitoring
LONDON-Operators of pan-European multilateral trading facility (MTF) Turquoise have decided to let market participants peek behind the curtain of the MTF's network latency performance with the deployment of the CorvilClear application from latency…
Activ Readies Low-Latency Euro Data
Low-latency data vendor Activ Financial will this month expand its connectivity to European exchanges and other trading venues in response to demand from US and European clients for low-latency data from the region.
Dude, Where's My Liquidity?
Finding liquidity isn't just about having the fastest data to find the best price on a particular venue; it's also about knowing where to look. And with a plethora of execution venues and data sources competing for order flow, the process of analyzing…
Mob Index Adds Sectors, Stock Levels
MobIndex.com, a Web site that provides an indicator of investing sentiment by analyzing institutional money flows between countries, has added a sector breakdown and index levels for institutional ownership of individual US-listed stocks, to show flows…
Speed vs Spend
Latency continues to be a top priority for trading firms' market data infrastructures. But with dire economic conditions necessitating tight spending controls, firms are struggling to invest in technologies capable of providing a competitive edge through…
Serena Releases Mashup Designer
REDWOOD CITY, CALIF.-The latest version of automated mashups environment product Business Mashups 2009 is now available from application lifecycle management software provider Serena Software.
Ukrainian Exchange to Roll Out Micex Platform
KIEV-Later this month Ukrainian PFTS Stock Exchange is set to deploy a new trading and settlement system, dubbed PFTS Next, based on technology from the Moscow Interbank Currency Exchange (Micex), as well as exchange operator and technology provider…
Quote MTF Moves Launch to Q3
BUDAPEST-Officials at Hungarian multilateral trading facility (MTF) Quote MTF have delayed the venue's launch to Sept. 4 from its planned June 5 debut since unnamed "major players" could not connect to the platform by then, DWT has learned.
CLS, Icap Enter Post-Trade JV
LONDON-The joint venture (JV) foreign exchange (FX) trade aggregation service set for launch by CLS and Icap is being met with cautious optimism from major dealers, with details of the project still unresolved.
Vienna Exchange Adopts Xetra for Warrants
VIENNA-Officials at the Wiener Börse expect to complete the migration of warrants to the Xetra platform, provided by Deutsche Börse, by the end of June in a single-day switchover. Once completed, all Vienna cash market products will be run on Xetra,…
YouDevise Expands HIP Analytics
Trade ideas distribution software vendor YouDevise has added a series of new reporting capabilities to its Web-based Hedge Fund Information Provider (HIP) analytics tool, to provide granular breakdowns of portfolio performance, exposure and liquidity to…
Tervela, Volante Ally for Integration
Hardware messaging provider Tervela is to re-sell integration software vendor Volante Technologies' Designer tool as a preconfigured integration layer between data sources, client applications and Tervela's Open Data Framework.
BGC Aims for Front-End Consolidation
NEW YORK-Interdealer voice and electronic broker BGC Partners is currently looking at a way to provide a single trading front end for all instruments it supports. Part of the plan being studied is incorporating the creation, pricing and management of…
Market Meltdown Fuels Operational Efficiency Drive
NEW YORK-For the remainder of the year, the futures industry is set to spend most of its IT dollars on improving operational efficiency and preparing for new regulations, according to industry insiders.
Volante Debuts Tervela Integration Platform
NEW YORK-In a bid to help firms speed the deployment of low-latency messaging architectures, integration tool provider Volante Technologies and low-latency messaging platform provider Tervela announced today, April 13, the general availability of Volante…
BNY ConvergEx Brings Algo Trading for Brazil Online
Despite the global economic downturn, interest in accessing the large emerging markets has not subsided. Asset mangers are seeking to diversify their portfolios geographically. One of the hottest markets is Brazil. In this issue, DWT looks at how the…
CSI Unveils Open-Source Feed Handlers
Collaborative Software Initiative, a Portland, Oregon venture for collaborative software development, will this week release the first set of open-source feed handlers based on technology developed by hardware messaging provider Tervela.