Trading Tech
GL Trade Eyes Asia with Web Client
HONG KONG-Fueled by strong growth in the region over the past year, trading platform and connectivity providers is focused on rolling out its GL Tr@der thin-client trading terminal to the market as well as adding a number of Asian bourses to its GL Net…
Wall Street's Binge Leads to Integration Hangover
NEW YORK-After the aftershocks subside from the financial earthquake that hit Wall Street at the start of last week, IT executives from the institutions left standing will be forced to grapple with the headache of integrating their newly acquired wares…
Nasdaq OMX Europe Preps for Friday Launch
LONDON-Starting this Friday, Sept. 26, traders on the European markets will be able to access the latest multilateral trading facility (MTF) as Nasdaq OMX readies for the scheduled launch of its Nasdaq OMX Europe MTF.
BusinessEvents Gain Distributed CEP Engines
NEW YORK-In the latest release, version 3.0, of Tibco's complex event processing (CEP) platform BusinessEvents, users can deploy distributed cache and rules engines, vendor officials announced today, Sept. 22.
Darwin in Action
After several quarters of whistling past the graveyard, Wall Street and the global markets have succumbed to all the toxic debt that the market has been generating for the past few years. What does this mean from an IT perspective? Except for the…
Sicom Set for Electronic Conversion
SINGAPORE-Within a week's time, the operators of the Singapore Commodities Exchange (Sicom) expect to take trading fully electronic on the exchange's new trading platform, dubbed e-Sicom.
eSignal Sites Add Real-Time BATS Data
Interactive Data's eSignal division has added real-time equity data to its Quote.com, RagingBull and FutureSource.com Web sites, using a feed of free market data from Kansas City, MO-based ECN BATS Trading, officials tell Inside Market Data .
Tora Adds Latency Measurements to EMS
NEW YORK-Electronic trading platform provider for Asian liquidity Tora Trading Services announced today, Sept. 15, that it has deployed software from Trading Metrics, a provider of latency monitoring tools, to measure its trading latency.
Calypso Technology Updates Fast-Track
SAN FRANCISCO-Trading software vendor Calypso Technology has released today, Sept. 15, Fast-Track version 2, the latest version of its preconfigured application environment designed to expedite deployment of Calypso's offerings.
Dear Clara and Joe...
Last week, Clara Furse and Joe Ratterman, chief executives of the London Stock Exchange and BATS Trading, which is gearing up to launch an alternative venue in Europe trading LSE-listed stocks, exchanged words via open letters on the state of competition…
Fitch Preps CDS Pricing Enhancements
Fitch Solutions, the technology and content arm of ratings agency Fitch, is pitching its Risk Performance Platform at a range of new uses for pricing credit instruments, after conducting an internal study to validate its pricing model.
ASCI Readies ActiveBatch Release
MORRISTOWN, N.J.-Job-scheduling software vendor Advanced Systems Concepts Inc. (ASCI) will release the newest version of its ActiveBatch platform by yearend, vendor officials tell DWT .
Tokyo Market Gears Up for Platform Change
TOKYO-The Tokyo Financial Exchange (TFX) and Osaka Securities Exchange (OSE) are in the process of replacing their respective trading platforms.
LSE Trading Halt Reveals Dependencies
LONDON-The European market got an unexpected wake-up call last week when, due to a confluence of events that affected connection stability between London Stock Exchange (LSE) members and the exchange's gateway, traders were unable to complete orders in…
CantorCO2e Preps Web-based CER Auction
LONDON-Officials from CantorCO2e, a member of the Cantor Fitzgerald group of companies, plan to hold their first online auction for certified emission reductions (CERs) using the firm's new Web-based auction platform on Oct. 2.
Omgeo Moves to Collateral Management
NEW YORK-Industry utility best known for automating post-trade settlements has its eyes on the over-the-counter (OTC) derivatives markets with the acquisition of collateral management platform vendor Allustra and an exclusive licensing agreement with…
MUSI Takes RAP for Algo Rates Trading
LONDON-Mitsubishi UFJ Securities International (MUSI), the European hub of the global securities and investment banking business of Mitsubishi UFJ Securities Co., is finding new rates trading opportunities after implementing Real-time Analytics Platform …
New Members, New Access
The importance of various global markets wax and wane in response to the credit market crunch, and access to the Swift network has never been more important for financial institutions and corporations. DWT editor Rob Daly speaks with David Pryce, deputy…
Proquote Creates Pan-Europe Book Display
The London Stock Exchange's data vendor subsidiary Proquote will this week release an update to its Proquote International market data terminal that contains datafeeds from other European trading venues to create a pan-European consolidated order book,…
IBM Updates LLM; Preps Infodyne Integration
IBM has released a new version of its MQ Low Latency Messaging (LLM) platform, incorporating a range of features to improve the speed, throughput and reliability of the message bus.
Citihub Outlines Latency Reduction Strategy
Financial technology consultancy Citihub has published a whitepaper that offers a framework for investment firms to address the latency of their market data and trading systems architectures.