Inside Market Data/News
E-Trading Vet Lilien Joins Tradier Board
Electronic trading veteran Jarrett Lilien has joined the board of Tradier, which operates a cloud-based brokerage platform and a supporting environment of data, trading and analytics applications as an independent director.
Velocimetrics Taps TS-A Vet McDowell as CFO
Latency monitoring technology provider Velocimetrics has hired Karen McDowell as chief financial officer, responsible for overseeing the vendor’s financial health and for producing consolidated accounts for its proprietary product set and the Precision…
Velocimetrics Eyes Expansion
Latency monitoring technology provider Velocimetrics is seeking to expand its business globally, particularly in Asia, after securing a larger customer base in the region as a result of its recent acquisition of an exclusive license to sell and maintain…
MTS Preps Adds to MTS Bonds.com Data
London Stock Exchange Group-owned MTS Markets International (MTS US) is planning to launch a new market data service that will enable users to subscribe to individual bonds and groups of bonds traded on its recently acquired MTS Bonds.com trading…
First Derivatives Spends £36M to Up Kx Stake
Newry, Northern Ireland-based data technology provider First Derivatives has increased its shareholding in Palo Alto-based time-series database provider Kx Systems, giving the vendor a majority stake in the company.
NYSE Tech’s O’Sullivan Sets Up USAM Outsourced Data/Tech Sales Agency
Feargal O’Sullivan, a former sales and solutions executive at NYSE Technologies, Tervela, Reuters and Tibco Software, has set up USAM Group, a New York-based sales agency to represent startup financial technology and data vendors seeking to gain a…
Numerix Preps for IPO, Mulls Acquisitions
Over-the-counter derivatives pricing, analytics and risk management software vendor Numerix is gearing up to go public, and is weighing potential acquisitions that will help the vendor boost its scale ahead of an IPO, officials say.
Frankfurt FIS 2014: For Regs, Prep Early and Coordinate
Firms must begin preparations to comply with new European and global regulation as soon as possible, setting up a priority-driven roadmap and boosting internal coordination, said panelists at this week's Frankfurt Financial Information Summit.
'Kill Switch' Capabilities Move Corvil Beyond Latency
Dublin-based network and latency monitoring technology vendor Corvil has adapted its monitoring tools to support the creation of automatic "kill switches" to protect trading firms' infrastructures and trading strategies, as part of its efforts to…
Trendrating Adds Three Probability Indicators
Swiss momentum ratings and analytics provider Trendrating has added Duration, Magnitude and Upside Potential Indicator (UPI) metrics to its Trendrating Momentum Analytics Platform, to provide "statistical measurability" to make end-users' investment…
Frankfurt FIS 2014: Flexible, Customizable Data Management Services Key to Successful Outsourcing, Panel Says
Outsourcing data management functions to services provided on a utility model may help firms enhance their data management processes, but firms should also adopt flexible solutions that combine in-house and external resources in order to make the most of…
Frankfurt FIS 2014: C-Level Exec Panel Says Tech Innovation Must Support Client Needs
Financial firms must adopt innovative technological solutions that make the most of internal resources while meeting customer needs and increasing staff productivity, according to a panel at this week's Frankfurt Financial Information Summit.
Trading Game Startup Nous Raises Funds to Boost Participation, Data Value
Nous, a provider of a mobile trading game and a feed of investor and active trader market sentiment, has raised $600,000 in new funding to expand the user base of its Spark Profit trading game from 79,000 users in 190 countries to 250,000 users over the…
Solace Taps SL Corp to Monitor Message Routers
Ottawa-based hardware messaging appliance vendor Solace Systems has enlisted IT monitoring solutions provider SL Corp to provide an adapter for SL Corp's RTView Enterprise Monitor, to provide systems administrators and application support teams with…
Thomson Reuters Bows M&A Arbitrage Data
Thomson Reuters has unveiled a new collection of mergers and acquisitions data within its Deals database targeting the needs of event-driven hedge fund managers.
Update: Xignite Adds FactSet Fundamentals to On-Demand Data
San Mateo-based web services data provider Xignite is adding fundamental data and estimates from FactSet Research Systems to its suite of on-demand datasets, to provide clients with access to global company fundamental and financial data.
MSCI Releases New Equity Analytics
Index provider MSCI has added seven new US and Asia specific models to its suite of Barra equity portfolio risk models, which factors in additional risk considerations called Systematic Equity Strategies, to help financial professionals to design and…
Gibraltar Stock Exchange Readies Market Data for Phase Two of Launch
GSX Limited (GSX), Gibraltar's recently launched stock exchange, is planning to launch new market data feeds in late 2015 or early 2016, after receiving authorization from the Financial Services Commission of Gibraltar to commence its operations this…
Sinara Expands Data Integration Offering
UK-based data software vendor Sinara Consultants has expanded its consulting services to include analyzing, designing and enhancing clients' market data repositories and data warehouses.
Abu Dhabi Exchange Dials DirectFN Mobile Data Apps
The Abu Dhabi Securities Exchange (ADX) has rolled out mobile data apps for smartphones and tablets from Dubai-based market data and financial technology vendor DirectFN, to increase market transparency and become more technology smart.
Metamako Taps Covington to Drive European Expansion
Metamako, an Australian provider of low-latency switch appliances for high-frequency trading, has enlisted data industry veteran Kevin Covington to set up a European infrastructure to support an expansion of its business into the region.
CTA, UTP Revisit Consolidated Tape Fees
The Consolidated Tape Association (CTA) and the Unlisted Trading Privileges (UTP) Plan, which together oversee the collection and distribution of the consolidated tapes of quote and trade data for US equity markets, have proposed new fee policies for the…
Lucena Enables Trading from Analytics via Interactive Brokers Integration
Atlanta, Ga.-based decision support analytics provider Lucena Research is integrating direct trading capabilities from US brokerage firm Interactive Brokers into the vendor’s QuantDesk predictive analytics platform, to enable joint customers among…
Kx Names Quill Global Head, Sales Engineering
Tick database provider Kx Systems has promoted Fintan Quill from senior engineer to global head of sales engineering, expanding his prior role beyond just North America and to cover more technical sales and support the vendor's push into new industries,…