Trading Tech
GFI Expands EnergyMatch
NEW YORK-Traders using interdealer broker GFI's EnergyMatch will be able to trade electric power and natural gas products on the platform from the same interface within months, says Ian Clague, head of energy products for North America at GFI.
Taiwan Exchange to Retire FAST Engine
Taipei-As part of a local three-exchange consolidation, the Taiwan Stock Exchange (TSEC) plans to retire its fully automated securities trading (FAST) platform and replace it with a third-party matching engine, according to officials.
NYSE Euronext to Enter MTF Fray
NEW YORK-Global exchange operator NYSE Euronext plans to roll out its own multilateral trading facility (MTF), say exchange officials.
Taming the Algo
DWT European reporter Cecilia Bergamaschi sits down with Alexandra Foster, head of global execution sales, U.K., for BNP Paribas, to discuss algorithmic trading trends.
SOA Makes Strides Down Under
SYDNEY-Financial firms in Australia and New Zealand (ANZ) are leading their regional counterparts in Asia-Pacific in terms of adopting service-oriented architecture (SOA), according to research firm Springboard Research.
Sybase Unveils Market Data Platform
Database and technology vendor Sybase will this week launch its RAP (Real-time Analytics Platform) Trading Edition platform, which combines management of market data at three levels-low-latency data for automated trading applications, real-time data for…
Front Office Grids: Why Bother?
During a panel discussion that took place at the second annual Street#Grid event ( see story , page 1 ), technologists and consultants discussed the challenges of expanding enterprise compute and data grids to the front office. It reminds me of a…
InfoDyne Sale Reflects Need for Speed, Volumes
One of the themes of last week's North American Financial Information Summit was the continuing battle to balance the need for low-latency data with the burden of managing rising data volumes. And if any consensus of sorts was reached, it appeared to be…
Chi-X Readies Data for Smart Order Routing
European multilateral trading facility Chi-X is preparing to roll out a smart order-routing service that uses market data consolidated from multiple exchanges and trading venues as the basis for trading decisions, to help customers comply with the best…
Infront Develops Derivatives Module
Norwegian data and trading technology vendor Infront has developed a new derivatives data display module for its Web-based Online Trader data display and trading application, officials say.
Firms Balance Latency, Volumes
As datafeeds become faster and more voluminous, firms are becoming more confident with their levels of data latency, and dealing with ever-increasing volumes of data has become their primary challenge, according to panelists at last week's North American…
SR Labs Preps Feed Expansion
SR Labs, a New York-based provider of technology for processing direct feeds for algorithmic trading applications at exchange co-location facilities, is in the midst of a second round of feed handler development to broaden the range of venues that the…
Credit, Regulation Drives Vendor Focus
Turbulence in the credit markets and regulatory requirements are creating new business opportunities for market data vendors, but are also imposing burdens in the form of clients demanding a broader range of data and greater value for the money they pay…
IDC Cuts Opra Processing with FIX API
Interactive Data Corp. has reduced its CPU overhead for processing data from the Options Price Reporting Authority by 30 percent, as a result of developing a new data API that utilizes the FAST (FIX Adapted for Streaming data) protocol, Inside Market…
Gissing to Power Wombat Excel Add-in
Gissing Software, the price contributions software vendor acquired by Reuters at the start of this year ( IMD , Jan. 4), has entered into an OEM (original equipment manufacturer) licensing agreement with NYSE subsidiary Wombat Financial Software.
Wall Street Systems Acquires AGB
NEW YORK-Taking its finger out of the wholesale banking pie, complex event processing (CEP) technologies provider Aleri sold off its Aleri Global Banking (AGB) unit to Wall Street Systems (WSS).
Grid Winners Announced
There was cause for celebration in the New York grid computing community last week as sibling publication Waters announced the winners of the first annual Global Grid Awards, or Griddies, after the second annual Street#Grid event in lower Manhattan.
Industry Launches SOA Association
LONDON-A group of banks, financial firms and vendors have founded the Banking Industry Architecture Network (BIAN), an association aimed at helping banks to move to a service-oriented architecture (SOA) by sharing technical and domain expertise, say…
GL Readies Thin Client Update
PARIS-By the fourth quarter, exchange connectivity and trading platform provider GL Trade plans to release version 8.0 of its thin-client trading workstation that will sport new order execution functionality as well as updated back-end routing technology…
Infront Develops Options Module for Orc Display
LONDON-Norwegian trading technology and market data vendor Infront has developed a new derivatives module for its Web-based Online Trader data display and trading application, according to vendor officials.
Tibco to Take Rendezvous Hybrid
PALO ALTO, CALIF.-Messaging provider Tibco plans to release its first hardware-based messaging appliance by the year-end that will improve latency performance for its Rendezvous messaging platform.
Panel: Holistic Risk Analysis Needed
LONDON-The days of calculating risk exposure divorced from operational risk are over, say industry insiders.
Broadridge Targets Front Office
LAKE SUCCESS, N.Y.-Financial technology outsourcing provider Broadridge Financial Solutions will introduce products for the front office as part of its new Ascendis product group, DWT has learned.
CA Cheuvreux Plans Crossing Engine
PARIS-Global agency broker, a member of Crédit Agricole (CA) Cheuvreux, is planning to launch its own internal dark pool crossing engine at the end of the summer, officials tell DWT .