Trading Tech
Bombay Stock Exchange Upgrades Platform
Mumbai-The operators of the Bombay Stock Exchange (BSE) are in the midst of deploying the Click XT trading and clearing platform from Nordic exchange operator and technology provider OMX, according to vendor officials.
Cross-Asset Platforms Not a Done Deal
LONDON-Although true cross-asset trading from a single platform is an industry desire, widespread adoption is still a long way off, agree buy- and sell-side experts.
Ionic Info Upgrades Alpha Terminal
UK-based data vendor Ionic Information has enhanced a number of features and added new content to the latest version of its Alpha terminal product, which was released last month.
RDF Direct adds Asian Exchanges
Reuters has expanded its low-latency Reuters Data Feed Direct service with data from several Asian exchanges, most recently the Tokyo Stock Exchange, officials tell Inside Market Data .
Fuller Enlists Fixnetix Data for New Smart Routing Service
Former Equiduct chief executive Bob Fuller is setting up a new company to provide hosted smart order-routing services for firms that collect low-latency market data from multiple trading venues.
ISE to Phase Out OMX
NEW YORK-The International Securities Exchange (ISE) plans to move from its current OMX Click platform to an options trading system to be developed internally, in conjunction with Eurex, exchange officials say.
On the Road to Derivatives Automation
Whether it's the tightened spreads in the listed derivatives markets or manual nature of the over-the-counter (OTC) derivatives markets, investment banks are looking to automate their derivatives desks. Dealing with Technology sits down with Jesper…
OMX Plans 2009 Genium Debut
STOCKHOLM-OMX, technology provider and the operator of the Nordic Exchange, expects to deploy its next-generation trading platform, Genium, during the second quarter of 2009, OMX officials tell DWT .
Swapstream Signs 33 Clients
Multilateral electronic trading platform for interest rate swaps (IRSes) Swapstream has 33 buy-side participants committed to the vendor's Early Adopter Program (EAP) for Chicago Mercantile Exchange (CME) Swaps on Swapstream, according to a company…
Taking Advantage of New Market Opportunities in Algorithmic Trading
Electronic options market making has always been automated, at least on some level.
Industry Hazy on Project Rainbow
Seven investment banks have put the major derivatives exchanges on notice with their recent announcement that they plan to launch a multilateral trading facility (MTF) for financial derivatives, dubbed Project Rainbow, according to media reports.
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.