Trading Tech
London Metal Exchange Launches Online Hedging Tool
The London Metal Exchange (LME) has recently launched its own online steel hedging simulator, say officials. The interactive hedging tool is designed to help anyone interested in managing steel price risk to better understand the process of hedging, and…
The Changing Path of Derivatives Trading
Around the world, derivatives trading desks are changing. It doesn't matter if they are trading listed instruments, such as options or warrants, or the fat-margined over-the-counter (OTC) one-off contracts. Automation is making these instruments far more…
Exchange Alliances Set to Grow
KINGSTON, JAMAICA-Traders on the Jamaica Stock Exchange (JSE), Barbados Stock Exchange (BSE) as well as the Trinidad and Tobago Stock Exchange (TTSE) soon will have direct market access (DMA) to each venue via a new exchange alliance set to go live in…
Exchange Axis Preps Smart Routing ASP
LONDON-Industry startup Exchange Axis plans to provide hosted smart order routing for firms looking to aggregate data from and intelligently route orders to multiple trading venues, DWT has learned.
Common Technology Drives Derivatives Success for UBS
After a major technology overhaul that began four yeas ago, UBS Investment Bank is reaping the rewards by rolling out common technology across its various trading desks. So far, the listed equities derivatives desk has been the highest-profile…
Trading Metrics Unveils Latency Analysis Tool
New York-based software vendor Trading Metrics will this week unveil a new product, Market Latency Metrics, for monitoring latency of market data systems and traffic.
Tunis Exchange Cuts Latency with Upgrade
TUNIS-The Tunis Stock Exchange will announce today, Feb. 4, that it has implemented the latest version of Nouveau Système de Cotation (NSC) electronic trading platform, dubbed NSC V900, from Atos Euronext Market Solutions (AEMS) for equities, DWT has…
Get Ready for Super Tuesday, IMD-Style
Anyone following the US Democratic and Republican primaries will be aware that time is running out to be nominated and pick winning candidates in the lead-up to so-called Super Tuesday. In Inside Market Data 's case, Super Tuesday will be on April 29-the…
After Delays, Reuters Preps Chi-X Direct Feed
Reuters is adding a direct feed from pan-European multilateral trading facility (MTF) Chi-X to its Reuters Data Feed Direct service, in response to client demand for broader direct feed coverage, officials say.
MarketAxess Expands Caplin Deal for Price Distribution
MarketAxess has expanded its use of technology from UK-based trading technology vendor Caplin Systems for distribution of real-time prices on emerging market bonds from dealers via the EM Actives segment of MarketAxess' trading platform.
Damaged Cables Cause India, Mid-East Latency
The flow of market data to and from India and the Middle East was disrupted by a damaged undersea telecom cable providing Internet connectivity to the region last week, though the impact appears to have been limited to slowing down communications, rather…
Saxo, JPMorgan Ink Prime Broker Accord
NEW YORK-Saxo Bank has recently signed a deal with JPMorgan to act as its prime broker to connect to Reuters Prime Brokerage for Matching-which provides anonymous direct market access, (DMA) via a prime broker, to the wholesale matching community-bank…
NYSE Euronext Readies CMS Replacement
NEW YORK-As part of its continuing process of consolidating and standardizing exchange systems, NYSE Euronext plans to have its new FIX protocol-based common customer gateway (CCG) in production for its NYSE Hybrid and NYSE Arca markets later this year,…
29West Updates UME
CHICAGO-Market data messaging software provider 29West released version 2.0 of its Ultra Messaging for the Enterprise (UME) last week.
CME Mulls Nymex Acquisition
CHICAGO & NEW YORK-In what is seen as a defensive move, the operator of the Chicago Mercantile Exchange (CME), the CME Group, has entered into discussions with the New York Mercantile Exchange (Nymex) to purchase the New York bourse.
Future Shocks
Looking ahead, we can expect emerging markets to play bigger roles on the global stage, and platforms will look nothing like those we know today.
GFI Group Acquires Trayport
NEW YORK-Interdealer broker GFI Group announced that it has acquired London-based real-time electronic trading technology provider Trayport.
Pandemic Exercise Yields Middling Results
NEW YORK-The majority of U.S. financial services industry members could do more to prepare for an influenza pandemic, according to the after-action report on a three-week pandemic preparedness exercise, which was sponsored by industry participants and…
Middle East, Asia Weather Cable Woes
NEW YORK-Financial firms, exchanges and vendors from Egypt to India are getting back to normal operations after two undersea telecom cables broke on Jan. 30 and reduced the region's access to the Internet by as much as 75 percent.
Putting a Figure on Reference Data
Data Quality