Trading Tech
Retiring, But Not Shy
After 40 years at Interactive Data and its prior incarnations-including eight years at its helm-president and chief executive Stuart Clark recently announced his intention to retire next year. As he prepares to pass the tiller to his as-yet unidentified…
Savvis Expands Proximity Services
Network and hosting provider Savvis is broadening the proximity hosting capabilities currently offered at its Weehawken, NJ datacenter with the addition of similar services in Chicago and London.
What's Data Got To Do With IT?
Firms face a swathe of technology-related challenges-latency, capacity, hardware acceleration, benchmarking and complex event processing, to name but a few-with a myriad of potential solutions. Ahead of the Securities Industry and Financial Markets…
Tervela Creates Messaging Network, Adds Persistence
Hardware-based messaging provider Tervela will this week announce version 3.0 of its operating environment, which includes an expansion of its messaging technology and two new products for storage and extensible messaging.
Apama Cuts Platform Latency, Allies with Sun
Complex event processing software vendor Progress Apama will this week release version 4.0 of its Apama engine, and announce a development partnership with Sun Microsystems.
MarketAxess Enables Trade Uploads
Corporate bond broker MarketAxess has rolled out a new feature for uploading details of trades executed with other brokers and platforms into its electronic system so that clients can incorporate their entire trading activity into reports on their…
Trading Metrics Eyes Trade Latency
Trading Metrics, a provider of software for monitoring data latency, has expanded its services with a new product, dubbed Trading Latency Metrics.
StreamBase Adds Development Tools
Technology vendor StreamBase will this week introduce Version 6.0 of its complex event processing platform, featuring three system management tools designed to improve ease of use for firms deploying CEP across the enterprise-a visual debugger, unit…
Aleri Simplifies CEP Technology to Broaden Use
Chicago-based complex event processing software vendor Aleri will this week unveil the latest release of its Aleri Streaming Platform, with new features designed to make the system more intuitive for users. The new version is currently in preview stage…
Low Latency Optional for Firms
LONDON-Prior to deciding to invest in low-latency technologies, firms should carefully assess how important the investment is for their business, according to industry insiders.
Crunch Time For Smart Order Routing
Smart order routing has been around in the U.S. markets ever since the U.S. Securities and Exchange Commission (SEC) changed its order handling rules back in the late 90s allowing for the introduction of alternative trading systems and ECNs. In Europe,…
TM Targets Trade Latency
NEW YORK-Trading Metrics, a provider of latency monitoring tools, has expanded its services with a new product, dubbed Trading Latency Metrics.
U.S. Markets Execute BCP Drill
NEW YORK-To ensure preparedness for a small-scale or a local disastrous event, members of the U.S. securities industry participated in a business continuity test on Saturday, June 7.
Asia Dark Pools Gaining Traction
HONG KONG-Although few in number, dark pools of liquidity in Asia are set to grow, but are facing stiff resistance from technology issues, regulatory hurdles and hesitant buy-side firms, according to industry insiders.
Solving the Smart Routing Dilemma
Smart order routing (SOR) may be old hat to U.S. market participants, but since the implem-entation of the E.U.'s Markets in Financial Instrument Directive (Mifid), it has gained an entirely new life in Europe. To help sort out the issues surrounding…
Exegy Adds Futures Handler, Co-Lo Sites
St. Louis, Mo.-based hardware ticker plant provider Exegy has added support for financial futures contracts to its Exegy Ticker Plant appliance, with the development of a feed handler for data from the Chicago Mercantile Exchange.
Gissing Launches Hedge Fund Data Platform
UK-based data technology vendor Gissing Software, acquired earlier this year by Thomson Reuters, will this week launch a market data integration platform for hedge funds to support algorithmic trading and other analytics, officials tell Inside Market…
Nyfix Updates Appia
NEW YORK-Global crossing network provider Nyfix has debuted the latest version, 5.0, of its FIX engine Appia today, June 2.
Thomson Reuters Adds SGX to RDF Direct
Thomson Reuters is adding the Singapore Exchange (SGX) to the list of direct datafeeds from Asian exchanges supported by its Reuters DataFeed Direct (RDFD) service, in response to demand from investors in the region for low-latency data from SGX, the…
EquityFeed Adds 'Idea' Algos
Montreal-based data provider EquityFeed Corp. has revamped its terminal application to include algorithmic alerting and filtering functions, in a move to refocus on providing idea-generation technologies.
Kiodex Expands to Precious Metals
NEW YORK-Traders using SunGard's commodities risk management and trading platform, Kiodex, should be able to add precious metals to their portfolios by the end of the summer, say vendor officials.
Japanese Exchanges Seek to Standardize Platforms
NAGOYA & OSAKA-The potential first step toward a three-way exchange merger has taken place as the operators of the Central Japan Commodity Exchange (C-Com), Kansai Commodity Exchange (KEX) and the Osaka Securities Exchange (OSE) have inked a memorandum…