Trading Tech
Essex Radez Delivers Clarity
Market maker and trading technology provider Essex Radez will this week introduce a new tick history service for equity, futures and options quote and trade data, to allow users to query data in a non-real-time environment.
Sybase, Quant House to Deliver Trading Strategies
PARIS—Enterprise infrastructure and mobile software provider Sybase and program trading solutions provider Quant House announced an alliance last week to deliver a solution for algorithmic trading strategies for backtesting and regression testing for…
Down the Mifid Rabbit Hole
Alice heard the Rabbit say to itself, 'Oh dear! Oh dear! I shall be late!' … Alice started to her feet, for it flashed across her mind that she had never before seen a rabbit with either a waistcoat-pocket, or a watch to take out of it, and burning with…
SEB to Offer Cross-Asset Algos
PARIS—Stockholm-headquartered Skandinaviska Enskilda Banken (SEB) will offer multi-asset class algorithmic trading starting in the third quarter of this year using platforms from transaction management solutions provider Ullink and application…
FPL: FIX 5.0 Is Gaining Ground
PARIS—The latest release of the FIX protocol, version 5.0, is becoming a common language among financial firms, say officials from the FIX Protocol Ltd. (FPL), who spoke last week at the TradeTech conference in Paris.
Wombat Targets Algo Trading
LONDON—Market data feed handler Wombat Financial Software plans to release an algorithmic trading platform within a matter of weeks, DWT has learned.
The CEP Conundrum
Relationships can be complex. Specifically, recognizing relationships between different data inputs can be a complex process, and one that can prove even harder to transfer from the brain of a trader to a computer. And with trading strategies becoming…
Dow Jones Launches News Analytics for Algo Trading
Dow Jones Newswires last week launched Dow Jones News Analytics, a product that gives firms utilizing algorithmic trading strategies the ability to incorporate the impact of news into their trading models.
Asia Vendors Sign Data Deals
Tokyo-based trading software provider MetaBit Systems has signed a memorandum of understanding with Singapore-based data vendor NextView Pte to offer combined data and trading solutions to clients in the region.
Tibco Bolsters CEP Offering for Trading
Enterprise software developer Tibco Software will this week release version 2.0 of its BusinessEvents complex event processing application, featuring enhancements tailored for the real-time data and trading spaces, officials say.
Colt to Link First Proximity Services Client
LONDON—Colt Telecom, a European provider of business communications services, has signed a contract with its first customer to provide connectivity to the Deutsche Börse using the exchange's Proximity Services.
Plus Markets Preps for RIE Status
LONDON—As part of its plan to attain recognized investment exchange (RIE) status by the U.K.'s Financial Services Authority (FSA), market operator Plus Markets Group is currently working to improve its systems, Plus Markets officials tell DWT .
Sun, Fujistu Launch Enterprise Server Line
NEW YORK—Software and server providers Sun Microsystems and Fujitsu recently launched a co-developed line of high-end enterprise servers, dubbed Sparc Enterprise Servers, officials from both vendors tell DWT .
Saga Rolls Out Orc Front Office
AKIREYRI, ICELAND—In preparation for its first day of trading, Iceland's Saga Capital Investment Bank has deployed multiple platforms from Orc Software for the bank's first day of trading on May 1, bank officials tell DWT .
Panel: Don't Outsource Your Grid Yet
NEW YORK—Although purchasing processor cycle time from third-party providers might be an economical way to expand a bank's grid infrastructure, now isn't the time to do it, say industry insiders.
HSBC Debuts Global Trading Platform
LONDON—HSBC has completed the global deployment of its new equities trading platform, bank officials tell DWT .
Vendors Split over "Acceleration"
Not all ticker plant technology vendors are turning to hardware-accelerated offerings, despite high-profile product announcements by Exegy and Activ Financial, officials tell Inside Market Data .
Thomson Signs Daiwa; Launches Japanese Version
Thomson Financial last week launched Japanese versions of its Thomson One Investment Banking and Investment Management desktop solutions, and announced a deal with Daiwa Securities for the Thomson One Investment Banking desktop.