Trading Tech
Going Dutch
This week, the IMD bandwagon rolls into Holland for its inaugural Amsterdam Financial Information Summit, where panels of experts will attempt to hash out (pardon the pun) the key issues affecting the European market data landscape in a one-day program…
Equinix Preps Amsterdam Hub
Datacenter and hosting facility provider Equinix plans to open a hub in Amsterdam later this year to help local financial firms expand their connectivity and hosting options. The new site follows Equinix's acquisition of Netherlands-based Virtu earlier…
The Carletti Equation: 2+2=5
Since joining Telekurs Financial as chief executive in February last year, Marc Carletti-former managing director for Reuters France-has presided over one of the busiest periods in the vendor's history, overseeing the acquisition of French vendor Fininfo…
Credit Suisse Centralizes Index Licensing Function
Credit Suisse has centralized its index data licensing and administration function under one person, separate from its market data business, to reduce the overall cost of the bank's index usage by eliminating duplication by different business lines and…
FTSE Preps US Operations, Ticker Plant
Index provider FTSE is to set up regional support and operations functions in North America and Asia, to enable the vendor to source and process data locally, and to respond faster to customer inquiries.
HSBC Ramps Up Custom Indexes Business
HSBC is creating a growing number of custom indexes, in response to investor appetite for targeted investment vehicles, which has spurred demand for the bank's index data and calculation services, officials tell Inside Market Data .
Linux Vendors Expand Real-Time Offerings
NEW YORK-The SUSE Linux Enterprise team at global infrastructure software and services firm Novell is working to bring real-time environments to all areas of the datacenter, say officials.
SEC Moves Forward in Mutual Recognition
WASHINGTON, D.C.-The U.S. Securities and Exchange Commission (SEC) is another step closer to mutual recognition of "high-quality" regulatory agencies outside of the U.S., say SEC officials.
Banks to Test Open-Source RegQ
NEW YORK-Two global, but unnamed banks, have begun the second round of beta testing the Regulatory Questionnaire (RegQ) from open-source developer Collaborative Software Initiative (CSI), say CSI officials.
Eurex Readies High-Frequency Trading Interface
FRANKFURT-Eurex traders can expect faster and more streamlined access to the European futures exchange on April 14, with the planned launch of Eurex Transaction Services (ETS), which targets high-frequency trading, according to bourse officials.
Datacenter Spending Needs Revamping
NEW YORK-The industry is facing an invisible crisis due to rapidly increasing infrastructure costs for new datacenters, concludes a recently published survey by datacenter think tank Uptime Institute.
Thomas Weisel Deploys Pivot
SAN FRANCISCO-Investment banking firm Thomas Weisel Partners is in the midst of a global and enterprise-wide rollout of the Pivot 360° secure instant messaging platform, vendor officials announced today, March 31.
Korea Gains First ATS
SEOUL-Agency broker and alternative trading system (ATS) operator Instinet and Korean investment bank Samsung Securities Co. announced the creation of an anonymous securities crossing network, dubbed KoreaCross, today, March 31.
Cisco Preps Latency Management Offering
NEW YORK-Networking equipment and management provider Cisco Systems' financial services group is working to develop industry-wide solutions to mitigate latency for financial services, DWT has learned.
FIXATDL Set for Q2 Debut
LONDON-Deploying new trading algorithms and orders types should get easier this year as messaging standards body FIX Protocol Ltd. (FPL) expects to launch its FIX Algorithmic Trading Definition Language (FIXATDL) by the end of the second quarter, FPL…
SunGard STN Lands in U.K.
LONDON-SunGard Transaction Network's (STN's) trading and connectivity offerings are now available in the U.K., coinciding with STN's recent operational approval by the U.K.'s Financial Services Authority (FSA), vendor officials announced today, March 24.
If Content Is Still King...
... then why do we keep hearing that it's "commoditized," or that it's "noise"? If it's so valuable, why are market forces and industry initiatives seemingly aiming to make so much of it freely available? And if content is the priority, how come we hear…
Xignite Expands On-Demand Data Content
Web services data vendor Xignite is increasing the breadth of content available on-demand via its online distribution platform, which developers can use to create Web mashups and applications on the fly without needing to write hard coding and interface…
ODL Capital Deploys Fixcity's Ioinet
LONDON-Institutional brokerage ODL Capital (ODLC) has gone live with Fixcity's indication-of-interest (IoI) distribution platform Ioinet, say vendor officials.
NYSE Euronext, ADSM Ink Pact
NEW YORK & ABU DHABI-In a move to further expand its global presence, NYSE Euronext has signed a cooperation agreement with the Abu Dhabi Securities Market (ADSM), officials tell DWT .