Inside Market Data/News
Canadian Authorities Name Thomson Reuters Rates Administrator
The Canadian Bankers Association and the Investment Industry Association of Canada have appointed Thomson Reuters' Benchmark Services unit the administrator for Canada's two main interest rate benchmarks, the Canadian Dollar Offered Rate (CDOR) and…
Nasdaq Buys Dorsey Wright to Boost Smart Beta Indexes
Acquisition will expand Nasdaq's smart beta ETF licensing opportunities
SEC Preps Company Data Downloads
The Securities and Exchange Commission has begun a pilot program to make financial data reported by companies available via the SEC's website for download and analysis by investors and academics.
Japan Real Estate Institute Takes Over Tokyo Exchange Home Price Index Calculation
The Tokyo Stock Exchange has transferred responsibility for calculating and publishing the TSE Home Price Index to the Japan Real Estate Institute, which will begin publishing the index next month on a monthly basis (with a two-month lag) under the brand…
Reuters Bows UK, Asian News Apps
Thomson Reuters has released a UK edition of its news app for Apple iOS and Android wireless tablet devices and smartphones, as well as locally customized Chinese- and Japanese-language versions of the app, which provides news, market data and analysis…
Corvil Hires Kennedy, Promotes Giblin
Latency and systems monitoring technology provider Corvil has hired Dan Kennedy as general manager for the Americas and vice president of sales, responsible for building a team to help clients "leverage the full power" of data flowing over their networks…
Options Hires Ex-KPMG Exec as CFO to Support Growth
Infrastructure-as-a-service provider Options has appointed Brian McKimm as chief financial officer, to support the vendor's continued growth plans by overseeing the development of a global finance function.
FISD Awards Thai Exchange ‘Outstanding Data Provider'
Data industry association FISD's Service Level and Communications Working Group has named the Stock Exchange of Thailand as its Outstanding Data Provider for 2014, an annual award given to the exchange or data provider that the group believes best…
Index Provider Solactive Grabs Grabbe for COO
Frankfurt-based custom index calculator Solactive AG has named former bank exec Christian Grabbe chief operating officer, to oversee operational processes at the company that will contribute to continued growth.
OTC Markets Adds Benchmark Indexes
New York-based over-the-counter equities exchange operator OTC Markets Group has begun distributing data on three new US dollar-denominated benchmark indexes comprising US and international companies listed on OTC Markets' OTCQX platform.
Metamako Taps NYSE, Wombat Vet Kennedy for US
Australian low-latency switch vendor Metamako has hired Ciaran Kennedy as New York-based business development manager to run the vendor's newly opened US operations.
Proquote Adds Turquoise Data, Trading
Integration expands Proquote's data and trading capabilities, while growing Turquoise's potential trader audience
Custodians, Spaulding Create Benchmark Data Cost Transparency Principles
BNY Mellon, State Street and Northern Trust, along with performance measurement provider The Spaulding Group, have created a set of principles to improve transparency around fees associated with the use of benchmark indexes and their data, to help asset…
Japan Exchange, KVH Ally for Low-Latency Global Network
The Japan Exchange Group is using Japanese network provider KVH to provide low-latency connectivity to its markets and data to overseas trading firms.
Update: Trading Central's Recognia Buy Will Enable Analytics Cross-Pollination, Institutional Expansion
Vendors eye lengthy company integration, but speedy product integration roadmaps
Trading Central Buys Analytics Vendor Recognia
Acquisition of Recognia to create "market leader" in technical and fundamental analysis.
Wall Street Horizon to Expand Dataset in 2015
WSH will add new types of calendar data for new user types next year.
2014 Review: Firms Stretch Tight Budgets to Meet Regs, ID New Data
Data consumers continued to feel the pressure of tight budgets and new regulation in 2014, but also faced the added pressure of trying to find ways to generate alpha from data within those budgetary constraints.
2014 Review: Infrastructure Deals Drive M&A, Funding Activity in 2014
This year saw its fair share of mergers, acquisitions and investments, with some deals driven by expansion plans, others by strategic opportunism, and others spurred by unforeseen circumstances.
2014 Review: Vendors, Venues Diversify Services to Meet Demand
Data vendors and exchanges sought to broaden their reach and diversify their offerings through new content and partnerships in 2014, while retiring legacy products and setting new market data policies.
2014 Review: Data Industry Sends a Message on Chat Platforms
Only a year ago, data vendor Markit had just unveiled its Collaboration Services initiative, an open messaging network, directory and set of collaboration tools designed to allow firms to share information with each other across different communications…
2014 Review: ESMA Weighs in on EU Consolidated Tape; Details TBC
While 2014 saw European regulators take important steps towards making a pan-European consolidated tape a reality, market data professionals are still waiting for the crucial details that will shape its implementation.
2014 Review: In US, Consolidated Tape Saga Comes Full Circle
While Europe has yet to establish a consolidated tape, the US market spent 2014 pushing through changes to make its own tapes more resilient to market outages following a series of glitches last year. However, the path towards change was not smooth.
2014 Review: Industry Finds Ways to Derive Value from the Crowd
New datasets created using crowd-sourcing continued to grow in 2014, with new players entering the market with propositions to solicit crowd-sourced investor predictions that could provide leading indicators of market movements to institutional traders.