Inside Market Data/News
Paladyne Integrates S&P Ratings for Hedge Funds
Buy-side software vendor Paladyne Systems has begun providing ratings data from Standard & Poor's to its hedge fund clients for use in their risk management and trading operations.
Indian Buyer to Boost Yipes Market Coverage
San Francisco-based Ethernet provider Yipes Enterprise Services plans to roll out its services to 36 new countries and to double its coverage of the US market as a result of its $300 million acquisition by Indian telecommunications service provider…
TSX Signs Aussie Deal for Index Analysis Software
Bond Index Systems, a new Australian company being set up by Melbourne-based Australian Indices and Kevin Lamont, a former fixed-income risk manager at the Bank of Nova Scotia, is preparing to roll out the Toronto Stock Exchange's PC Bond index analysis…
SWX, Virt-x Prep FAST Datafeed
Swiss exchange operator SWX will next year roll out a datafeed that incorporates the FIX (Financial Information eXchange) and bandwidth-reducing FAST (FIX Adapted for Streaming data) protocols in a bid to drastically reduce latency over the exchange's…
Amex Rejects SIFMA Fee Objection
The American Stock Exchange has hit back at calls from the Securities Industry and Financial Markets Association (SIFMA) for the US Securities and Exchange Commission to delay approval for a proposed datafeed of Amex last sale prices.
FASB Rule May Outlaw Block Discount Valuations
Uncertainty over the future of applying "blockage discounts" when valuing thinly traded securities needs to be resolved urgently if firms are to meet the deadline for compliance with the Financial Accounting Standards Board's Statement (SFAS) 157,…
Wiener Börse Integrates Romanian Data
Austrian exchange Wiener Börse has added Romanian equity data from the Bucharest Stock Exchange (BSE) onto its recently launched Alliance Data Highway (ADH) feed, as part of a broader strategy to expand the range of data carried on Wiener Börse's feed…
Essex Radez Co-Lo Cuts NY Latency
Chicago-based market maker and data technology supplier Essex Radez is to open a co-location center in the facilities of NYSE TransactTools, the New York Stock Exchange's technology arm, to reduce data latency for the firm's clients in Chicago.
Interfax Launches News Archive Analytics
Russian information agency Interfax has launched a news analysis service, dubbed SCAN (System for Complex Analysis of News), that allows users to search through an archive of major Russian media outlets.
ITRS Revamps Monitoring Tools
ITRS, a London-based provider of software for monitoring the operations of real-time data and trading systems, has begun to roll out a series of upgrades to its Geneos product line designed to make the software easier to use and more scalable for large…
Markit Transforms Emails to Quote Feeds
UK-based data and pricing vendor Markit last week unveiled Markit Quotes, a real-time parsing service that extracts dealer quotes and prices from emails sent by broker-dealers to their clients and reformats the information into real-time data.
VWD Switches FX Providers to Tenfore
German data vendor VWD Group is to replace foreign exchange data provided via its Internet- and terminal-based data products with new data sourced from UK-based Tenfore Systems' Tenforex feed, officials say.
MTS Enlists Fixnetix for Low-Latency Data
European fixed-income market operator MTS is to begin providing trading firms with low-latency access to its market data via a partnership with UK-based vendor Fixnetix, officials tell Inside Market Data .
CME Scales for CBOT Data Switch
The Chicago Mercantile Exchange is anticipating a 50 percent increase in market data volumes over its data platform and distribution network as a result of its acquisition of the Chicago Board of Trade, which finally agreed to a takeover by the CME last…
Euro Vendor Mergers Grab Market Share
The race to snap up market share beneath the proposed combination of Thomson and Reuters via consolidation has begun, with two mergers between French and Swiss data vendors unveiled within the space of five days—Telekurs Financial's purchase of French…
BATS Slashes Bandwidth with FAST Feed
BATS Trading, the Kansas City, Mo.-based ECN-turned-exchange hopeful, has rolled out a version of its PITCH depth of book datafeed that utilizes the FAST (FIX Adapted for Streaming data) protocol to provide clients with a low-bandwidth feed option to…
Penny Mitigation Strategies Slow Opra Volume Growth
The Options Price Reporting Authority last week announced its revised bandwidth projections for next year, revealing for the first time a decrease in the expected total number of messages per day, and a slight delay to the increases in bandwidth required…
TSX Prepares PC Bond Expansion
The Toronto Stock Exchange last month completed the migration of the PC Bond fixed-income index business acquired from Scotia Capital to the TSX, and plans to gain significant traction this quarter by expanding the PC Bond business into a multi-dealer…
Saxo Bank Plans FAST Data for Q4
Danish investment bank Saxo Bank will develop a proprietary feed handler to capture data via the FAST (FIX Adapted for Streaming data) protocol before the end of this year, and will also decide whether to use FAST for outbound distribution of quote data…