Trading Tech
Fidessa Preps New MTFs Data
UK-based market data and trading technology vendor Fidessa plans to distribute market data from new European multilateral trading facilities scheduled to launch later this year, and allow users to incorporate the data into its Virtual Market View display…
Nasdaq: The Magnificent Seventh?
As of March 31, Nasdaq entered the highly competitive US options markets, and is gradually rolling out contracts. Inside Market Data talks with Adam Nunes, vice president of Nasdaq Transaction Services and head of the Nasdaq Options Market, to discuss…
InfoDyne Preps Europe Feed Handlers
Chicago-based feed handler and ticker plant vendor InfoDyne is planning to significantly expand its range of feed handlers for European exchanges and multilateral trading facilities, in a bid to gain traction in the region, officials say.
Celoxica Plans Expanded Feed Support
Celoxica, a UK-based provider of hardware acceleration technologies for trading firms to capture, process and integrate market data with trading applications, is preparing to support an additional seven datafeeds by the end of the year in response to…
Options Mitigation Lacks Consensus
Some industry participants are pressing US options exchanges to agree on a coordinated, cross-exchange strategy for slowing the continuing rise of options quote and trade data being distributed by the Options Price Reporting Authority.
Traderforce Readies Workstation Update
French data and trading technology vendor Traderforce is preparing to launch a new version of its market data and trading terminal in September, following beta testing with a select group of clients over the summer, officials say.
Nanexx Unveils Spinoff Data Tools
Start-up data technology provider Nanexx will this week unveil its new ticker plant products, ahead of the vendor's spin-off from its parent, trading platform provider Exx.com later this year.
Nord Pool Takes GlobalVision Live
FREDERICIA, DENMARK-Scandinavian power exchange Nord Pool Gas has recently gone live with Trayport's GlobalVision Exchange Trading System, announce officials.
Swift Expands Front-Office Staff
NEW YORK-To address the growing broker-dealer customer base, the interbank messaging cooperative Swift has increased its staff addressing its clients' front office needs by approximately 30 percent, DWT has learned.
Ascot to Roll Out Derivatives Trading
HONG KONG-Local brokerage Ascot Financial Services plans to expand its coverage into the global derivatives markets by deploying a number of application service provider- (ASP)-based systems from trading platform provider Patsystems, vendor officials say.
Front-Office IT Spending Shrivels
BOSTON-The current economic downturn has stripped the short-term IT spending focus from the front office at large brokerages, according to a recently published report from Boston-based analyst firm Celent.
Liquidnet to Deploy Data Grid
NEW YORK-In an effort to combat and eliminate database bottlenecks, crossing network provider and agency brokerage Liquidnet is looking to adopt a data grid strategy by the end of 2009, DWT has learned.
Orc Releases CameronFIX Update
LONDON-Derivatives trading technology and connectivity provider Orc Software is launching version 6.3 of its Orc CameronFIX platform, say officials.
Four-Wire Finalizes Xenomorph Deployment
Startup hedge fund Four-Wire Capital has completed the integration of its analysis strategies into UK-based technology vendor Xenomorph's Timescape database, and is now using the system to support its live trading operations.
Deutsche Bank White-Labels Traderforce
PARIS-Deutsche Bank has implemented technology from thin-client trading, analytics and risk management platform vendor Traderforce to power the investment bank's Autobahn Equity multi-broker trading system, officials from both parties tell DWT .
Smart Order-Routing to Become Essential
PARIS-As liquidity in the European markets continues to fragment, implementing smart order-routing platforms will be essential for sell-side firms to succeed in the new environment, say industry insiders.
Bursa Malaysia to Expand DMA to Cash
Kuala Lumpur-Operators of the Bursa Malaysia plan to offer the exchange's members and members' clients direct market access (DMA) to Bursa Malaysia's cash equities market, DWT has learned.
CQG Applies TradeFlow Bars to Time Increments
Denver, Colo.-based charting software provider CQG last week rolled out an upgraded version of its futures analytics platform, featuring an expansion of the vendor's TradeFlow charting to time-based price bars.
Infront Preps Display Upgrades
Oslo-based market data and trading technology vendor Infront is readying the latest version of its Online Trader product for general release this summer, which will include a number of new features intended to make the platform more user-friendly.
Quartet Updates ActivePivot
LONDON-Service orientated architecture (SOA) software provider Quartet Financial Systems plans to release the newest version of its ActivePivot product in the summer, DWT has learned.
CQG Adds Order Routing Types in Software Upgrade
DENVER - Denver-based futures charting and trading software provider CQG has added new "Smart Order" types as options to the latest release of its software platform.
Saxo Bank to Launch WebTrader 2.0
COPENHAGEN-Danish online foreign exchange (FX) trading firm Saxo Bank plans to introduce version 2.0 of its Web-based platform, Saxo WebTrader, which provides mobile clients with instant access to the global markets, at the end of the second quarter,…