Trading Tech
The Added Value of Greening IT
Farmers know if they look after their land, it will look after them. Financial technologists need to adopt a similar approach as they nurture their silicon crops. As soon as recession struck, however, too many lost interest in ‘green IT', with its…
LSE Adds to Baikal Management Team
LONDON-The London Stock Exchange (LSE) has shed more light on its Baikal dark-liquidity trading platform, announcing two senior appointments to the business.
HKEx Plans to Double Futures Capacity
HONG KONG-Hong Kong Exchanges and Clearing (HKEx) plans to increase capacity on its derivatives trading system by 50 percent by the end of the year and begin developing a next-generation trading system for its securities market over the next three years,…
Client Goes Live with Tervela, FIX Flyer
NEW YORK-An unnamed global investment bank is in production with a deterministic order-routing architecture that enables it to provide clients with service-level agreements on messaging between the broker-dealer and local cash equities exchange,…
Thomson Reuters Adds Risk Event Indices
LONDON-Market data provider Thomson Reuters announced at press time that it has rounded out its stable of machine-readable newsfeeds with its new NewScope Event Indices (NEI) datafeed.
Nasdaq OMX's Genium Imminent
STOCKHOLM-The long-anticipated implementation of exchange platform provider and operator Nasdaq OMX's Genium trading platform is slated for the second half of this year, with a number of clients taking the platform live in 2010, officials tell DWT .
Trayport Readies for Algorithmic Trading
LONDON-Although the commodities markets are still in the early stages of adopting algorithmic trading, commodities trading platform provider Trayport is busily readying its broker platform, Trader Gateway, to handle the expected increase in volume, DWT…
Nyfix Debuts IoI Network
NEW YORK-Global alternative trading system operator Nyfix announced today, Jan. 19, that it has completed its integration of European FIX-based indications of interest (IoIs) network provider Fixcity and has launched its re-branded Nyfix Ioinet liquidity…
Fixnetix to Offer Skyler Euro BBO Feed
UK-based low-latency market data and trading technology vendor Fixnetix has developed a low-latency feed of European Best Bid and Offer (EBBO) data for stocks traded on multiple venues, created using prices from exchanges and multilateral trading…
S&P Unveils RatingsDirect Facelift
Standard & Poor's will this week launch a new version of its Web-based RatingsDirect credit data platform, featuring a revised interface, added content and capabilities to make the portal a more comprehensive workflow tool for users to analyze credit…
ClearSight Debuts Latency Monitor
Fremont, Calif.-based network monitoring provider ClearSight Networks will this week unveil Cronos, a combined hardware and software solution for monitoring latency and detecting message loss.
Marketcetra Releases Open-Source OMS
SAN FRANCISCO-Open-source platform provider Marketcetra plans to announce later this week the general availability of its Marketcetra Automated Trading Platform, DWT has learned.
Filling Clara's Shoes
At press time, the business press was reporting that the London Stock Exchange (LSE) has sped up its search for a new CEO. According to the Financial Times , exchange insiders are looking for an outside candidate from a brokerage or technology firm to…
Low-Latency Messaging 101
Designing consistently low-latency messaging isn't just about outright speed-to gain the biggest payoff, firms must also examine loss, monitoring, applications and more. By Mark Mahowald, founder and president, 29West
Capital IQ Expands Analytics
Standard & Poor's Capital IQ data desktop division is rolling out analytics from Tibco's Spotfire business across components of the Capital IQ workstation.
Fixnetix Upgrades Data Network
UK-based low-latency data and trading technology provider Fixnetix has begun upgrading its network to accommodate growing volumes of data without any degradation in speed or performance.
Manual FX Processing Proves Costly
BOSTON-Corporates trades are at the root of the majority of post-trade processing costs at small banks, according to technology vendors.
Nasdaq OMX Readies BX Quote
NEW YORK-Exchange platform provider and operator Nasdaq OMX plans to launch its second protected quote for the U.S. cash equities markets, dubbed Nasdaq OMX BX, this Friday, Jan. 16.
MF Global Taps Iress for CFDs
SINGAPORE-In order to broaden its direct market access (DMA) offering for contracts for differences (CFDs) in the Asian markets, broker MF Global has recently deployed the browser-based equity trading portal from trading platform provider Iress,…
Experts: Firms to Increase Offshoring in 2009
LONDON-Financial firms will look more for low-cost IT centers in 2009 as the demand for services that help them to reduce their IT operating costs increases, according to an industry observer.
Pure Trading Readies For New Year
As the European and Asian markets mature, broker-dealers and investment banks look north of the U.S. border for their next frontier. DWT U.S. reporter Oksana Poltavets sits down with Richard Carleton, vice president of corporate development for CNSX…
BarCap Reaches Integration Milestone
LONDON-The investment banking division of Barclays Bank, Barclays Capital (BarCap), has recently completed a major phase in its integration of systems acquired from defunct Lehman Brothers, according to officials.
Direct Edge Vies for Exchange Status
JERSEY CITY, N.J.-In the latest bout of exchange applications, ECN operator Direct Edge plans to formally file for dual exchange licenses with the U.S. Securities and Exchange Commission (SEC) in a matter of weeks.