Trading Tech
When Is Data Not Data?
The recent trend towards socially responsible investing has seen a growing demand for data relating to non-financial criteria. Inside Market Data spoke to Tony Czarnecki, managing partner of UK-based consultancy Euro Business Management Limited, about…
CohesiveFT Deploys AMQP for Data, Preps FAST
Chicago-based integration provider Cohesive Flexible Technologies is working with broker-dealers and exchanges to implement the open-source Advanced Message Queuing Protocol (AMQP) for routing streaming data within their organizations and to third…
BEA Launches Virtualization Pricing
SAN JOSE, Calif.—Middleware provider BEA Systems has released its new per-instance pricing model for enterprise Java virtualization last week, say vendor officials.
Calyon Rolls Out Etrali Turrets in Asia
HONG KONG & TOKYO—Global investment bank Calyon Capital Markets is in the midst of installing 400 Mach 3D turrets from Orange Business Services (OBS) Trading Solutions, née Etrali, across Asia, vendor officials tell DWT .
InfoReach Debuts Web-based EMS
NEW YORK—Financial trading software vendor InfoReach announced the release of its light-weight Web-based execution management system (EMS), dubbed BrokerReach, today, Sept. 10.
Hi-mtf Takes FastTrade Matching Platform
MILAN—The new fixed-income and equities multilateral trading facility (MTF) Hi-mtf plans to use the FastTrade (FT) matching platform from Pisa, Italy-based financial software vendor List Group in preparation for the MTF's October launch, vendor officials…
London Banks Take Tube Strike in Stride
LONDON—Investment banks in the City of London and Canary Wharf were largely unaffected by a transit strike in London last week, as several banks instructed employees to work remotely if travel to their offices was too difficult.
Pipeline Trading Preps Algo Switching Engine
NEW YORK—Crossing network provider and agency brokerage Pipeline Trading is set to release a new prediction engine with a suite of third-party algorithms in the coming weeks, DWT has learned.
Wombat Integrates OneTick Analysis, CEP
Low-latency data software vendor Wombat Financial Software has integrated New York-based OneMarketData's OneTick data management system.
The Hard Way
Accelerating data volume growth coupled with a relentless drive for lower latency is outstripping performance increases in the software infrastructures that financial firms rely on to handle market data. As a result, infrastructure architects are turning…
Scoach to Adopt Deutsche Börse's Xetra
FRANKFURT—The structured products trading joint venture between Deutsche Börse and the SWX Swiss Exchange Group, Scoach, will migrate to Deutsche Börse's trading platform, Xetra, for the German market on April 28, 2008, exchange officials say.
Consortium Readies Italian MTF
MILAN—Three Italian banks and one trading firm are awaiting approval by Italian markets regulator Commissione Nazionale per le Società e la Borsa (Consob) to launch their new fixed-income and equities multilateral trading facility (MTF), dubbed Hi-mtf,…
CME Group Begins Floor Consolidation
CHICAGO—The CME Group plans to kick off construction on its trading floor consolidation project this week, say exchange officials.
Cornhill Goes Live with Fidessa
LONDON—Specialist initial public offering (IPO) and pre-IPO brokerage firm Cornhill Asset Management has gone live today, Monday, Sept. 3, with Fidessa's European Trader Workstation (ETW) in its London office, vendor officials tell DWT.
Liquidnet Preps LQTS Front End
NEW YORK—Agency broker and crossing network provider Liquidnet is on the verge of entering the second and final integration phase for its trading front end, which it acquired when it bought Miletus Trading, DWT has learned.
Kershner Rolls Out TransactTools' TCM6
NEW YORK—Proprietary trading firm Kershner Trading Group is in the midst of deploying NYSE TransactTools' Trading Connectivity Management 6.0 (TCM6) exchange gateway to replace the firm's internally developed legacy gateway, firm officials tell DWT .
Fusion From Confusion
Data Usage
Sibos Hits Boston
Sibos Preview
EDM: Moving From Concept to Reality
Michael Atkin calls for those in charge of EDM to deliver on their promises