Trading Tech
Enigmatec Spins Off Cloudsoft
EDINBURGH-Duncan Johnston-Watt, a founder and CTO of datacenter automation vendor Enigmatec, has launched a new startup that will focus on delivering enterprise-cloud services to the financial services industry.
Savvis Expands Euro Proximity Service
LONDON-Network and hosting facilities provider Savvis is building out its proximity service in Europe with the addition of a managed hosting and low-latency connectivity service to provide investment firms with access to all European multilateral trading…
Misappropriated Spending Hampers BCP
NEW YORK-The money currently being spent on business continuity planning (BCP) and disaster recovery may be completely ineffective, according to an industry specialist.
DTCC, LCH.Clearnet Seek Merger
NEW YORK & LONDON-In an attempt to create a transatlantic clearinghouse, the Depository Trust & Clearing Corp. (DTCC) and LCH.Clearnet Group recently announced their intention to form a new clearinghouse that would be user-owned, user-governed and…
Thomson Reuters Grows Hosted RDF Direct
Thomson Reuters is expanding the range of exchange feeds available via the hosted version of its Reuters Data Feed Direct (RDF Direct) service, which provides access to its low-latency direct feed technology as a fully managed service.
BofA Announces Transition Team
NEW YORK-Executives from Bank of America (BofA) have announced that Brian Moynihan, president of global corporate and investment banking for Bank of America, and Tom Sanzone, executive vice president and chief administrative officer (CAO) for Merrill…
Aegisoft Expands Monitoring in AthenaTrader
NEW YORK-Custom trading and testing software provider Aegisoft will add new tools to the next release of its AthenaTrader product that will be aimed at letting the end user have greater control of their foreign exchange (FX) trades, DWT has learned.
eSignal Unveils OnDemand Delayed Charts
Interactive Data's eSignal division has launched a stripped-down version of its data display workstation that focuses on charting and analysis, aimed at active and swing traders who typically use end-of-day charting services for fundamental analysis.
FactSet Integrates FirstRain into Marquee Display
FactSet Research Systems will this week unveil a version of FirstRain's Web research tool integrated with its Marquee desktop platform, to allow FactSet users to access information and statistics from the Internet via the same interface.
Coral8 Expands Analysis Capabilities, Capacity
Complex event processing software vendor Coral8 will this week unveil a new version of its CEP engine, with new features that draw on data warehousing technologies to be able to run more analytics against increased volumes of data.
Coral8 Updates Engine
MOUNTAIN VIEW, CALIF.-Customers of Coral8, a provider of complex event processing (CEP) software, should be able to deploy live analytic applications that provide up-to-the-moment business intelligence on market and trade data quicker with the latest…
Interfax Adds Analytics to SPARK
Russian news agency and data provider Interfax has enhanced its SPARK company fundamentals database to provide more detailed financial ratio analytics, regional economic data and enhanced alerting functions.
Wombat Builds Out Asian Presence
NYSE Euronext subsidiary Wombat Financial Software is rapidly expanding its coverage of Asian markets, and has recently released eight new feed handlers, with several more already in development.
Reliance to Add Asia Connectivity
Network and hosting provider Reliance Globalcom is planning to expand its services into Asia next year, after completing its current focus on pushing into Europe, officals say.
TNS Finalizes India Connectivity
Network provider Transaction Network Services is close to expanding its connectivity options for firms seeking data from Indian exchanges, with the imminent addition of the National Stock Exchange of India and the Multi-Commodity Exchange of India (MCX)…
Bats Europe Gains FSA Approval
LONDON-Bats Trading, operator of the U.S.-based exchange Bats, has received authorization from the U.K. Financial Services Authority (FSA) to operate a multilateral trading facility (MTF) in Europe.
BOX Targets Blocks
BOSTON-Operators of the Boston Options Exchange (BOX) expect to offer their clients the ability to trade block orders by the beginning part of 2009, DWT has learned.
CNQ Loses Horizon
TORONTO-The Canadian Trading and Quotation System (CNQ), an exchange for the Canadian micro-cap stock market, was implementing a new trading system as DWT went to press on Oct. 17.
Hitting the Ground Running
As traders and investors continue their hunt across the globe for respectable alpha, DWT sits down with Philippe Carré, the global head of client connectivity business line for GL Trade, to discuss the best ways that firms can access the emerging markets.
BarCap Selects Caplin for Fixed Income
LONDON-Barclays Capital (BarCap), the investment banking division of Barclays Bank, has selected Caplin Systems' Web-based trading application for BarCap's Fixed Income eCommerce offering, officials announced today, Oct. 20.
Icap Plans to Launch MTF
LONDON-Interdealer broker Icap is one step closer to achieving exchange status as it prepares to deploy a new multilateral trading facility (MTF), according to officials.