Trading Tech
MUSI Preps for Algo Rates Trading
NEW YORK-The interest rates trading group of Mitsubishi UFJ Securities International (MUSI), the European hub of the global securities and investment banking business of Mitsubishi UFJ Securities Co., plans to start algorithmic trading by the end of the…
Nasdaq OMX Picks SOR Partner
LONDON-Global exchange operator Nasdaq OMX is set to reveal the vendor selected to provide low-latency data to support smart order routing on its Pan European Market multilateral trading facility (MTF), and will launch a hosting facility next month to…
LSE Charts MTF Response
LONDON-The operators of the London Stock Exchange (LSE) expect to double the messaging capacity of its TradElect matching platform by September to 10,000 continuous messages per second and eventually scale it to 50,000 continuous messages per second with…
West Highland Launches Status Monitoring for Wombat
West Highland Support Services, a New York-based provider of remote systems support and monitoring for financial institutions' market data platform installations, is rolling out a new tool to its engineers and clients, in response to increasing demand…
Infinancials Releases New Analytics for Stock Comparison
Paris-based analytics provider Infinancials has developed a new graphical display for visually comparing key ratios between stocks, and to benchmark stocks against sector averages or bespoke portfolios.
Sinara Launches Market Data Platform
UK-based data technology vendor Sinara Consultants will this week launch its Sinara Market Data Platform (SinaraMDP), which incorporates a new component for streaming real-time data to mobile display applications and a data contribution API for…
XAP Set for Summer Upgrade
NEW YORK-In a planned August general release, grid computing vendor GigaSpaces Technologies will add support for dynamic languages, such as JavaScript and Groovy, to version 6.5 of its Extreme Application Platform (XAP), GigaSpaces officials tell DWT .
Smaller Is Better for E-FX in China
BEIJING-Smaller institutions and retail organizations are finding it easier to penetrate the emerging domestic electronic foreign exchange (e-FX) market in China compared to the larger banks, say industry insiders.
Warsaw Exchange Adds Gateways
WARSAW-Accessing Eastern European Liquidity may get a little easier as the Warsaw Stock Exchange (WSE) plans to roll out two new gateways in the coming months, say bourse officials.
Messaging Bodies Publish Investment Roadmap
LONDON-An alphabet soup of industry messaging bodies have released an investment roadmap that is targeted to standardize messaging across the financial services industry, say officials.
Bats Lands in New York
NEW YORK-Bats Trading, operator of the U.S.-based exchange-in-waiting Bats ECN, have taken up residence in lower Manhattan.
FFastFill to Gain FX Support
LONDON-Electronic trading software provider FFastFill expects to provide its trading platform users with expanded multi-asset strategies, with the introduction of foreign exchange (FX) trading support within a few weeks, say vendor officials.
Bear Updates GemFire
NEW YORK-Bear Stearns has recently signed a three-year contract renewal with enterprise fabric platform provider GemStone Systems, even though the bank is primed to be integrated with JPMorgan and its enterprise backbone, DWT has learned.
HSBC Links to Impact Pro
NEW YORK-Users of the Impact Pro integrated execution platform from Advanced Financial Applications (AFA) now have the option to route equities trades across borders via HSBC, DWT has learned.
New Markets, New Challenges
LONDON-Financial technologists from The City and Canary Wharf descended on the neutral turf of Hilton Tower Bridge last week to attend the 14 th annual DWT conference and exhibition. They were able to see how their colleagues continue to deal with…
TPI Upgrades Tech in Quality Drive
Tullett Prebon Information is testing an upgrade to its data architecture designed to identify and remove anomalous data items from its feed, as part of an ongoing market data quality control effort, officials say.
NextView Rolls Out Vietnam Data
Singapore-based data vendor NextView will begin distributing Level 1 tick data and three levels of market depth data from the Ho Chi Minh Stock Exchange (HOSE) to local and international traders at the end of May, as part of an agreement signed between…
Going Cross Asset
As demand for complex executions continues to grow, many sell-side firms are finding that deploying cross-asset trading platforms is no longer a luxury. DWT assembled a panel consisting of Steve Grob, director of derivatives products and strategic…
NYSE Euronext Strengthens Cross-Asset Offerings
As traders continue to demand easier access to a variety of market centers in order to execute multiple-instrument trading strategies, officials at NYSE Euronext have been working to deliver new cross-asset trading capabilities.
Cross-Asset Trading: Ready for Prime Time
In recent years, we have seen a steady growth of cross-asset trading, but there is a long way to go. Liquidity and technology are still the biggest obstacles to e-trading, according to a recent European e-trading survey carried out by the Securities…
RTS to Add Options
NEW YORK-Users of the RTD Tango algorithmic trading platform from RTS Realtime Systems Group can plan on options trading support by year-end, RTS officials say.