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Trading Tech

Triton Makes Asian Debut

HONG KONG-Agency broker-dealer and block-crossing network provider Investment Technology Group (ITG) has recently rolled out its Triton execution management system (EMS) to the Asia-Pacific regional markets.

Turquoise Picks Progress Apama for Surveillance

LONDON-Pan-European multilateral trading facility (MTF) Turquoise is preparing to roll out a real-time market surveillance platform from complex event processing (CEP) and algorithmic trading software vendor Progress Apama and U.K.-based consultancy…

Newedge Preps for Yearend Integration

PARIS-Newly minted as a result of a joint venture, multi-asset brokerage Newedge plans to combine its operations into one trading system by the end of the year, say firm officials.

AFA to Add Non-U.S. Equities

NEW YORK-In part to capture more institutional business, order management system (OMS) provider Advanced Financial Applications (AFA) expects to support non-U.S. equities by the end of the first quarter, according to vendor officials.

Lehman Works to Share Grids

NEW YORK-Global investment bank Lehman Brothers is preparing to share its various production computing grids among several of its businesses with the eventual goal of merging them, firm officials tell DWT .

Merrill Debuts London Datacenter

LONDON-Merrill Lynch has recently doubled its computing capacity in Europe, the Middle East and Africa (EMEA) with the launch of a new London datacenter, DWT has learned.

Bringing Color to European Equities

Data is expected to become a key battleground for trading market share as multilateral trading facilities emerge across Europe to shake up the equities trading market. Eli Lederman, a former managing director and head of electronic trading at Morgan…

29West Preps Desktop Messaging Layer

Low-latency messaging provider 29West is developing a new messaging product that will enable users of its high-performance Latency Busters Messaging (LBM) and Ultra Messaging for the Enterprise (UME) to use those existing backbones to serve desktop…

Danske Markets Deploys Fenics FX

LONDON-Danske Markets plans to roll out pricing and risk management software Fenics FX from inter-dealer broker GFI Group in the bank's Copenhagen, Stockholm, Helsinki, Oslo, London, Dublin, Belfast, Luxembourg and Warsaw offices, say bank officials.

HKMA: Clean Up IT Problem Reporting

HONG KONG-The recent findings of the Hong Kong Monetary Authority's (HKMA's) annual audit of authorized institutions' (AIs') IT systems reveal inadequacies in reporting, risk assessment and rectification of IT problems, according to regulatory officials…

Oracle to Acquire BEA Systems

REDWOOD SHORES, CALIF.-In a deal valued at $8.5 billion database giant Oracle plans to acquire all outstanding shares of San Jose, Calif.-headquartered middleware vendor BEA Systems, say vendor officials.

NYSE Euronext to Debut Trading Algos

NEW YORK-Global exchange operator NYSE Euronext plans to release a set of vanilla trading algorithms, along with an algorithm development toolkit sometime in mid-2008 through its services and products business, NYSE TransactTools, DWT has learned.

Thomson Eyes Hosted Terminal Growth

Thomson Financial is considering making various versions of its Thomson One data products available using a Web interface rather than downloaded software, following demand for a Web-based version of its Thomson One Investment Management application.

Commodities ECN to Launch This Year

KANSAS CITY, MO.-Institutional commodities traders will soon have a new trading venue for over-the-counter (OTC) commodity options contracts with the expected mid-year launch of the Agora-X ECN, say ECN officials.

BEA, Lab49 Offer Joint Event Processing Strategy

SAN JOSE, Calif.-Middleware provider BEA Systems and financial services technology applications developer Lab49 have teamed up to create a framework approach to utilize the BEA WebLogic Event Server, officials announced today, Jan. 14.

DataSynapse Adds Microsoft Support

NEW YORK-Application virtualization software provider DataSynapse has announced the release of the latest version of its grid computing software FabricServer 2.5 today, Jan. 14, which includes support for Microsoft application platforms, including .Net…

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