Trading Tech
Independence Day
Competitive pressures are constantly prompting vendors to review their offerings and look for new opportunities. One such vendor is Knowledge Technology Solutions and the Arcontech business it bought last year, which is not only deciding the best way to…
CodeStreet Adds Latency Monitor Tools
NEW YORK-based data software vendor CodeStreet will this week unveil a solution for monitoring and charting latency within Market Data Metrics, a component of the vendor's Market Data Works product suite.
AMD Preps GPU-CPU Hybrid for 2009 Launch
SUNNYVALE, CALIF.-Processor maker Advanced Micro Devices (AMD) will release the first products featuring its new microprocessor design in 2009, officials tell DWT .
StanChart Adds API Link to 360T
Global wholesale bank Standard Chartered recently went live with a FIX-based application programming interface (API) that will provide users access to a number of pools of liquidity via the bank's Straight2Bank Stream electronic trading platform or the…
Tabb: Fragmentation Now the Norm
NEW YORK-Brokerages hoping to limit the number of U.S. liquidity pools to which they need to connect are in for a disappointment as the U.S. equity market is heading toward further fragmentation, according to a research note from industry analyst firm…
Archangel Plans June Flight
NEW HOPE, PA.-Listed options block traders will have a new execution venue in a few months as alternative trading system (ATS) Archangel from software and network provider 3D Markets is set to go into full production by early June, vendor officials tell…
The Future of E-FX
Since the beginning 2007, the electronic foreign exchange (e-FX) market has gone through dramatic changes with the adoption of algorithmic execution as volume and volatility have reached record levels.
Reuters Bows Latency Tool
Reuters will this week launch Reuters Latency Monitor (RLM), based on technology from New York-based data technology vendor Trading Metrics, to help clients determine the speed of market data delivery over Reuters' RMDS data distribution platform to data…
No Country For Old Men
In a recent posting on his blog, Reuters chief executive Tom Glocer suggested his own addendum to Clayton Christensen's theories in The Innovator's Dilemma about why it is hard for large companies to innovate as much as their smaller competitors. While…
BT Preps Low-Latency 'Ultra' Europe
Network and hosting provider BT Global Financial Services is poised to launch a low-latency service for access to market data and order routing for European markets, officials tell Inside Market Data .
Tervela Claims Breakthrough Tests
Low-latency, hardware messaging provider Tervela is claiming that tests conducted with hardware manufacturer AMD produced record-breaking throughput and latency figures in an environment designed to simulate a live production scenario.
Carbon Market Yet to Attract Algo Trading
LONDON-Carbon's position as a global asset class will continue to expand as carbon markets grow; however, it is not liquid enough to draw black-box traders, say European Climate Exchange (ECX) officials.
ISE, OSE to Form New Options Exchange
NEW YORK-Officials from the International Securities Exchange (ISE) and the Osaka Stock Exchange (OSE) have inked a memorandum of agreement (MoA) to create an equity options exchange for the Japanese market.
RTS Plans Century Mark
FRANKFURT-Trading software vendor RTS Realtime Systems Group plans to connect to more than 100 exchanges by June, DWT has learned.
And Then There Were Seven
As newly minted Nasdaq OMX Group waits for final approval from the U.S. Securities and Exchange Commission (SEC) to open the seventh equities options exchange, DWT editor Rob Daly catches up with Adam Nunes, vice president of Nasdaq Transactions Services…
BNP Paribas Upgrades Tokyo Floor
TOKYO-BNP Paribas in Tokyo is live on an upgraded trading floor that includes a new business continuity solution from Orange Business Services (OBS), nee Etrali, according to vendor officials.
Agora-X Gains Backer
New York & Kansas City, MO.-A new electronic trading venue for over-the-counter (OTC) commodity options, Agora-X, will receive a $7.5 million cash infusion from newly formed global exchange operator Nasdaq OMX Group, say officials.
Breaking Through
After an array of reputational crises in the financial industry, operational risk has helped data gain traction in the C-suite. Top-level management is starting to understand the reference data challenge, and it is now up to divisional heads to sell the…
The New Real-Time
The front office wants more reference data, and it wants it now. The question is, can the vendors live up to these new expectations on timeliness? Tine Thoresen reports on how the pace is changing in the reference data market
No Monopoly on Accuracy
Using a multi-vendor approach can help alleviate many of the risk factors inherent in corporate actions, says Fidelity ActionsXchange's Christopher Madigan
The Location Game
EDM offshoring is becoming increasingly popular in the reference data industry, with new locations around the world attracting international firms. Carla Mangado explores the best offshoring options