Inside Market Data/News
Report: Latency Spend to Continue
Financial institutions are continuing to invest more money in latency-reducing technologies, despite constrained budgets resulting from the ongoing financial crisis, according to a research report published last week by Datamonitor.
Thomson Reuters Enhances .X With BBO, Time and Sales
Thomson Reuters will change the structure of its .X suffix, which is used for viewing consolidated European market data, to address the cost of subscribing to the feed, officials tell Inside Market Data .
LSE Reshuffles Italian Info Services
The Borsa Italiana division of the London Stock Exchange Group has reorganized the business development arm of its information services business, resulting in new responsibilities for Milan-based product management staff.
BlueCrest Builds on CEP Data Platform
London-based hedge fund BlueCrest Capital Management is expanding the range of data sources and analytics that it makes available to its traders over a market data platform created using technologies from complex event processing software vendor…
VWD Appeals EC Thomson Reuters Approval
German data vendor VWD is appealing the European Commission's decision earlier this year to approve the merger of Thomson and Reuters, Inside Market Data has learned.
Thor Hammers Out Quant House Data Deal
New York-based high-frequency-trading hedge fund Thor Asset Management USA is expanding the number of real-time exchange datafeeds it sources via low-latency data vendor Quant House, officials tell Inside Market Data.
RTS Upgrades Exchange Interfaces
Trading software vendor RTS Realtime Systems Group is in the process of upgrading its data and trading interfaces to 20 equity derivatives exchanges worldwide, to be followed by more upgrades early next year, in a project expected to last for three…
Fidessa Begins LatAm Data Rollout
UK-based market data and trading technology vendor Fidessa has added market data from BM&F Bovespa in Brazil and Bolsa Mexicana de Valores (the Mexican stock exchange) to its global trading service, in response to demand from global clients and receiving…
ZepInvest Preps Commentary Portal
Online financial content aggregator ZepInvest will this week unveil a Web portal that provides access to premium, subscription-based financial news and commentary in one place for a fraction of the cost of subscribing to all the sources separately.
Infront Adds to Order Book Consolidator, Mulls Datafeed
Norwegian market data and news provider Infront is upgrading its Online Trader terminal's consolidated order book display of securities traded on multiple venues, and is considering whether to develop a consolidated datafeed for clients to use in…
NYSE to ‘Align' Amex, Arca Feeds
The New York Stock Exchange will this week migrate the American Stock Exchange's depth-of-book feed to the same datafeed format as NYSE's OpenBook product, following the migration of Amex-listed equities trading onto the NYSE floor this Monday, Dec. 1,…
IMA Calls for EC Action; Vendors Disagree
Research released last week by the UK's Investment Management Association has called for the European Commission to introduce a consolidated tape of European equity data that "is rigorously vetted for the accuracy and the integrity of data."
CSV Gains Risk Value Patent
Ridgefield, Conn-based pricing and valuations provider CSV (Complex Security Valuations) was granted a patent last month by the US Patent and Trademark Office, protecting one of CSV's equations for calculating and displaying risk values.
BvDEP Preps Fresh Mint Display, Adds Data
Belgian data provider Bureau van Dijk Electronic Publishing (BvDEP) has developed a new front-end interface to its Fame UK data product, in the latest enhancement to the vendor's product lineup, which also includes recent additions to its content,…
Interactive Data Bolsters Japan Biz with NDF Buy
Interactive Data plans to use its acquisition of a majority stake in Japanese data vendor NTT Data Financial Corp. (NDF) from NTT Data to expand sales of its real-time datafeeds into the Japanese market, in addition to the pricing, evaluation and…
Apama Readies Hosted CEP for BIT Co-lo
Complex event processing vendor Progress Apama has built an adapter for the data format of Borsa Italiana's technology subsidiary BIT Systems, to enable Italian trading firms to use the vendor's CEP software in conjunction with datafeeds from the…
Chi-X Snaps Up Cicada to Boost Platform Sales
Instinet's equity multilateral trading facility Chi-X last week announced a deal to buy data technology vendor Cicada, to create a business that will provide trade matching, data distribution and other technologies to exchanges and trading venues…
Fixnetix Aims to Add 4thStory to Client Latency Toolkit
Low-latency datafeed technology provider Fixnetix is in negotiations with San Francisco-based algorithmic trading systems vendor 4thStory to make its latency monitoring technology available to Fixnetix's datafeed clients, officials say.
BST Preps Business Intelligence Unit
New York-based data consultancy BST America is setting up a business intelligence practice to provide oversight and management of broker-dealers' outsourced research operations, to increase the productivity and cost effectiveness of offshore centers.