Inside Market Data/News
BT Shuffles Execs, Consolidates Sales
Telecom giant BT has made two senior appointments to reflect a more integrated salesforce across its BT Global Financial Services network and hosting business, and to replace BT GFS' former head of strategy and propositions, Kevin Covington.
Essex Radez Grows Data Network
Chicago-based broker and data redistributor Essex Radez has expanded the reach of its data collection network with hosting space in Equinix's NY4 datacenter in Secaucus, NJ, and a point of presence (PoP) in Savvis' Weehawken, NJ datacenter, to provide…
BATS Mulls Fees for Value-Added Data
The BATS Exchange, the former BATS Trading ECN, is eliciting client feedback to aid the development of a suite of new, value- added data products and analytics that may be fee-liable, though the exchange's core market data will remain fee-free, officials…
SunGard Integrates GL Trade Data Assets
Financial IT giant SunGard is preparing to integrate the market data business of its Global Trading division-formerly GL Trade ( IMD , Aug. 4, 2008)-with SunGard's Fame data unit.
1010Data Adds Credit Links
New York-based data analysis software provider 1010Data has integrated its managed business intelligence platform with a dataset of loan-level consumer credit information from credit data agency Equifax, to enable firms to more accurately price…
NewRiver Sues Morningstar Over Data 'Theft'
Chicago-based investment research provider Morningstar last week dismissed claims that it stole information from a rival vendor, which is suing Morningstar for allegedly obtaining its data without a license and for unfair competition.
Covington Hire Kick-Starts ITRS Recruitment Drive
UK-based real-time systems monitoring software vendor ITRS has hired former BT executive Kevin Covington as managing director of its European operations, and plans to increase headcount in 2009 to support business growth worldwide.
Xignite Fires up BATS Data
Web services-based data provider Xignite is expanding the range of US equities datasets it can provide to clients, with the addition of quotes and market depth from the BATS Exchange.
BT Readies Ultra Network for London Rollout
BT Global Financial Services is preparing to launch its low-latency Ultra Access network in London, to provide low-latency connectivity to exchanges and multilateral trading facilities in the city.
Mob Index Shows 'Smart' Flows
A Wall Street data technology executive has created an online analytical tool, dubbed the Mob Index, that consolidates data on trading volume and open interest across different countries and exchanges, to provide an indicator of institutional sentiment…
Agora Corretora Deploys Apama CEP
Brazilian broker Agora Corretora de Titulos e Valores Mobiliarios is rolling out Progress Apama's complex event processing engine to support analysis of market data and trading on the country's BM&F Bovespa exchange group.
TraderPlanet to Track Sentiment
TraderPlanet.com, a social networking portal that provides commentary, price data and news for active traders, will this week unveil a new feature, dubbed TraderPlanet Index, that tracks market sentiment based on input from participating traders.
Thomson Reuters Deepens NewsScope
Thomson Reuters will this week expand its NewsScope Archive to provide access to more than 20 years' of news stories tagged with metadata for use in algorithmic trading applications, and has added more third-party data sources as inputs for building or…
TriCygnet Adds New Assets to TimeScape
New York-based global macro fund TriCygnet has expanded its use of data management technology vendor Xenomorph's TimeScape product to support trading and analysis of new asset classes within its analytical models.
BGC to Distribute ELX Market Data
ELX Electronic Liquidity Exchange, a new futures exchange founded by a consortium of broker-dealers and trading firms, is to use BGCantor Market Data, the data arm of interdealer broker BGC Partners, as its exclusive distributor of market data.
IG Taps SkylerTech for Consolidated Data
UK-based derivatives trading firm IG Group has deployed Skyler Technology's C3 Liquidity Discovery Solution (LDS) to support market making in contracts for difference (CFDs) and financial spread betting markets.
FISD OKs Data Certification Plans
Data industry association FISD is proceeding with plans for a certification program for data professionals, which it hopes to bring to market in the third quarter of this year.
MDSL Shuffles Execs
UK-based market data cost management software vendor MDSL has realigned its senior staff to take over the duties of David Toomey-Wilson, president of its US operations, who left MDSL last week.
Thompson Back on Top at Tervela
Low-latency hardware messaging provider Tervela has parted ways with chief executive Robert Cramer, who held the position for just over a year.