Trading Tech
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 .
CME Acquires Nymex
CHICAGO & NEW YORK-After extending exclusive acquisition talks, Chicago Mercantile Exchange operator CME Group has announced its purchase of the New York Mercantile Exchange (Nymex) for $9.4 billion in cash and stock.
HKEx Preps Remote Participation
HONG KONG-The Hong Kong Exchanges and Clearing (HKEx) is in discussions with telecommunications giant BT's Global Financial Services division to distribute market data and possibly trading capabilities via the vendor's RadianzNet financial intranet,…
Saxo Jumps on the Bus
Trading front end updates, architecture redesigns and a message bus deployment are just a few of the projects that are keeping Saxo Bank executive director and co-CIO Flemming Skov busy this year. DWT editor Rob Daly sits down with Skov to see what else…
Opra Delays FAST Switchover
The Options Price Reporting Authority has delayed the date for clients to complete their migration to the bandwidth-reducing FAST (FIX Adapted for Streaming data) protocol, to give subscribers additional time for testing with the new format.
STAC: 10GE Rivals InfiniBand
Tests conducted by the Securities Technology Analysis Center show high throughput and low latency for the Reuters Market Data System, when using 10-gigabit Ethernet switches and network cards from networking technology provider Teak Technologies.
Quant House Grows US Feeds, Ops
French low-latency data provider Quant House is planning to add to the range of US markets accessible via its feed handlers and QuantFeed low-latency feed, and to bolster its US presence with a Chicago office, officials tell Inside Market Data .
Edgar Online Adds Ratios, Plans White-Label Tools
Filings and company data provider Edgar Online has increased the number of ratios, for assessing companies' risk and identifying trends from figures in financial statements, within its I-Metrix product suite for viewing and filtering financial statement…
Sybase Integrates CEP Vendor Tools
Database vendor Sybase is preparing to launch a new technology platform targeted at addressing different data speed and throughput requirements of trading desks for different data types, such as streaming data, historic data and trade messages, within…
Sybase Gears Up for Hybrid Offering
NEW YORK-Database vendor Sybase plans to release a new platform offering targeting the trading desk's need for streaming, transaction and historic data, officials say.
FX Lags in TCA Adoption
NEW YORK-Transaction cost analysis (TCA) will take a back seat in 2008, as markets focus on challenges in credit, liquidity and balance sheets, say senior bankers in London.
ITG Rolls Out Netting Service
NEW YORK-Agency brokerage and crossing network provider ITG has recently added a new trade-ticket netting service, dubbed Single Ticket Clearing, to its ITG Net order routing network, according to firm officials.
IBM Readies Diskless On-Demand Environment
NEW YORK-IBM is working on releasing a diskless environment for the Dynamic option of its Deep Computing Capacity on Demand (DCCoD) offering to debut early in the second quarter, DWT has learned.
Study: Green IT Adoption Wanting
LONDON-European firms are increasingly alert to the green IT agenda, but lack an understanding of what environmental technology options are available in the market, according to a white paper published by IT market research firm Vanson Bourne.
Egenera Expands OEM Partnerships
MARLBORO, MASS.-Datacenter virtualization software and hardware provider Egenera is on the verge of announcing a newly inked original equipment manufacturer (OEM) agreement with a "global firm," DWT has learned.
Microsoft Integrates Turrets
LONDON-Global software and technology provider Microsoft announced today, March 17, the launch of its Institutional Client Platform (ICP) that enables firms to integrate their entire communication infrastructure including instant messaging (IM), e-mail…
CLSA to Outsource Datacenters to BT
HONG KONG-Broker-dealer Credit Lyonnais Securities Asia (CLSA) has contracted BT to manage its global datacenter, according to a vendor spokesperson.
Centralized Order Books Take Hit Under Mifid
LONDON-Reconstructing a centralized order book in a Markets in Financial Instruments Directive (Mifid) environment is proving a serious challenge for many investment banks, according to research by Mifid think tank JWG-IT, which will be released in April.