Trading Tech
ISE Updates SOR Engine
NEW YORK-In an effort to gain more control over its technology, the International Securities Exchange (ISE) has rolled out its own order routing system for its options exchange.
NSX Suffers FIX Outage
CHICAGO-A glitch in one of the 10 FIX engines at the National Stock Exchange (NSX) caused a disruption in connectivity last Tuesday.
Algos: The Next Generation
With the dramatic growth in available processing power and advancements in complex event processing (CEP) technology to handle expanded real-time inputs, trading algorithms are on the verge of the next evolutionary quantum leap. DWT has gathered a panel…
Power, Latency Still Top CPU Priorities
LONDON-Reducing energy consumption as well as latency are key requirements from sell-side firms when it comes to processors, according to an industry insider.
Equiduct Eyes September Launch
LONDON-Aiming for a soft launch by the end of September, multilateral trading facility (MTF) Börse Berlin Equiduct Trading officials are now in the process of onboarding members and fine tuning the technology, officials tell DWT .
Portfolio Trading Dominates Algo Growth
Most Wall Street players tend to leave divining the future to mediums with basement storefront dens, but most agree that in the next five years the use of trading algorithms will be going nowhere but up.
Front-Office Quant Spending to Increase
BOSTON-Traders in the front office need to make room for quantitative analysts, as the role of the model-generators has shifted in the past several years, according to a recent report on alpha-generation platforms from research firm Aite Group.
Passports, Please
Every time I land at London Heathrow Airport, there are two things I know I'm not going to enjoy. First is schlepping a week's worth of luggage and a laptop bag through that underground corridor from Terminal 3 to the Heathrow tube stop on the Piccadilly…
Xeno Survey Questions Data Quality
Nearly 80 percent of market data professionals consider market data quality a serious issue that requires them to spend significant time checking and validating data rather than on projects that deliver competitive advantage, according to the results of…
Edgar Online: Redefining Data
Philip Moyer, former entrepreneur and general manager of global customers and professional services at Microsoft, joined Edgar Online last April as president, becoming chief executive in July. Inside Market Data recently quizzed Moyer on his plans for…
Market Data Sourcing Challenges for Alpha-Seekers
With markets becoming fragmented and more competitive, the way that firms source market data is becoming a key component in the search for competitive advantage. By John Panzica, general manager of global financial markets at Reliance Globalcom
Algos to Solve FX Fragmentation
NEW YORK-Systematic and algorithmic trading could be implemented to combat the liquidity fragmentation in the electronic foreign exchange (FX) space, according to an industry insider.
TraderTools Adopts SmartTrade LMS
NEW YORK & PARIS- Foreign exchange (FX) trading technology vendor TraderTools has adopted SmartTrade's STTP 5.5 liquidity management system for use within its Liquidity Management Platform, say vendor officials.
Landsbanki Kepler Debuts GL Trade's SOR
PARIS & LONDON-European investment bank Landsbanki Kepler has gone live with GL Trade's smart order routing (SOR) technology, say officials.
Minerva Gains Credit Suisse FX Algos
LONDON-Credit Suisse has integrated foreign exchange (FX) smart routing and algorithmic execution strategies into Fidessa LatentZero's Minerva order and execution management system (OEMS), with the bank's Advanced Execution Services (AES) FX, vendor…
Misys Eyes Latin American Operations
NEW YORK-Technology and software vendor Misys is expanding its operations in Latin America by beefing up its operations in the Brazilian market, DWT has learned.
StreamBase Expands Reuters Integration
NEW YORK-Complex event processing (CEP) software vendor StreamBase Systems is planning enhancements to its StreamBase Reuters Edition (SRE), a development framework for building applications utilizing data from Thomson Reuters' Reuters Market Data System…
Plus Markets Leaps into Dark Pools
LONDON-U.K.-based equity stock exchange Plus Markets expects to launch a dark pool of liquidity for small- and mid-cap issues, according to officials. The initiative is part of a number of projects that will be officially announced in the coming weeks…
Eurex Targets Risk In Next Upgrade
FRANKFURT-German derivatives exchange Eurex plans to add improved risk and clearing functionalities in release 11 of its exchange platform, slated for a Nov. 9 rollout, say bourse officials.
StreamBase Expands Reuters Integration
Complex event processing software vendor StreamBase Systems is planning enhancements to its StreamBase Reuters Edition (SRE), a development framework for building applications utilizing data from Thomson Reuters' RMDS data distribution platform,…
Sophis Increases TRS Support
NEW YORK-Clients using the Risque and Value offerings from French cross-asset trading and risk management platform vendor Sophis will soon have further enhancements for trading total-return swap (TRS) products.