Trading Tech
Quality surveyor
Simon Stratford arrived at London-based buy-side consultancy Investit just over a year ago after a lengthy tenure at Henderson Global Investors. In his short time at the consultancy he has taken the reins of the IT Value Survey, tweaked certain aspects…
A fragmented future
The introduction of multi-lateral trading facilities, crossing networks and electronic communication networks are starting to hurt Europe's well-established exchanges. This phenomenon is likely to become somewhat more acute with the recent introduction…
The end of an illusion
It's getting ugly out there. That's hardly surprising news, but still arguably shocking. The Great Credit Crunch of 2007 has now officially expanded beyond the first wave of casualties - hedge funds over-exposed to shadily structured mortgage-backed…
TCA products crowd the market in the wake of Mifid
When Mifid came into force at the beginning of last month, two of the largest service providers in the industry unveiled transaction cost analysis (TCA) products to assist firms in meeting the directive's requirements for best execution.
Blue Systems Readies Low-Cost Data
Blue Systems, a London-based provider of trading software and services, will launch a new suite of low-cost market data display software before the end of this year, targeted at non-institutional data consumers.
Orange Business Services Expands China Presence
BEIJING & SHANGHAI-Orange Business Services has acquired the trading activities sector of its Chinese exclusive distributor, Dataway, DWT has learned.
UNX Launches Component-based Algorithms
NEW YORK-Agency brokerage UNX has released five new trading algorithms today, Nov. 26, officials tell DWT .
The Coming Datacenter Dearth
There's a saying among students of military history: Good generals think in terms of strategies, but great generals think in terms of logistics. This axiom can be easily applied to any IT department, especially when it comes to planning datacenters.
Thanksgiving and Turkeys
Thanksgiving, the quintessential American holiday, stems from the first harvest gathered by British pilgrim settlers after being taught how to hunt and grow native crops in the New World by Native Americans. As the story goes, having survived their first…
29West Adds Network Monitoring Features
Low-latency messaging middleware provider 29West will this week unveil a new software component for monitoring the performance of computers and applications consuming or contributing data to the vendor's messaging systems.
Hedge Funds Sign for IDC Hosting
Interactive Data's Real-Time Services division has signed up three hedge fund clients for its DirectPlus hosted direct feeds service, and is in the final stages of agreeing a deal with a fourth, officials tell Inside Market Data .
InfoDyne Enlists RTI for Messaging Boost
Ticker plant and feed handler vendor InfoDyne is upgrading the multicast data distribution capabilities of its TPS+Plus ticker plant by integrating software from Santa Clara, Calif.-based low-latency messaging infrastructure provider Real-Time…
Liquidnet Sets Up Shop in Pacific Rim
HONG KONG-New York-headquartered crossing network provider Liquidnet is going live in four Asian markets this week-Hong Kong, Japan, Singapore and South Korea.
Citi White-Labels Saxo Platform
NEW YORK-Global banking giant Citi will white-label Saxo Bank's foreign exchange (FX) trading platform as Citi FX Pro for smaller institutions, officials from both banks have announced.
Knight Makes Algo Buy with EdgeTrade
JERSEY CITY, N.J.-Getting some holiday shopping done early, broker-dealer Knight Capital Group is acquiring agency broker EdgeTrade to fill out Knight's current electronic trading capabilities, according to Knight officials.
NYSE Euronext to Consolidate Datacenters
NEW YORK-Exchange operator NYSE Euronext is in the early planning phase of consolidating its existing datacenters located on the east coast of the U.S. Datacenters located outside the region will be unaffected by the plan, officials say.
RTS Plans New Year's Tech Revamp
MOSCOW-The Russian Trading System (RTS) Stock Exchange plans numerous technology upgrades beginning in the first quarter of 2008, DWT has learned.
GL Trade Adds Turkish Hub
ISTANBUL-In an effort to expand its global connectivity network, trading software and services provider GL Trade has started operating its newly developed connectivity hub in Istanbul, officials announced today, Nov. 19.