Inside Market Data/News
Fitch Readies Market-Implied Ratings
Fitch Ratings is preparing to roll out a new set of credit rating indicators to complement its traditional research-based ratings by providing alternative, market-based indicators of a company's creditworthiness.
SGX Offers Proximity Hosting as New Feed Raises Interest
The Singapore Exchange (SGX) last week announced a proximity hosting service to give clients low-latency access to the exchange's data, under an agreement with network provider BT Radianz that will allow trading firms to locate high-frequency trading…
Nexa Eyes Partners for Asian Data
Nexa Technologies' Tick Data division is expanding its database of historical tick data to include quote and trade information from Asia-Pacific exchanges, with the aim of having "a meaningful group of Asian exchanges" available to customers by the end…
Users, Exchanges Weigh Data Volume Issues
Exchanges and user firms are still grappling with capacity issues to handle the flood of increasing market data, according to panel discussions at recent industry events in New York.
Activ: Cut Networking to Cut Latency
Like rivals Reuters and Wombat Financial Software ( see story, page 5 ), ticker plant and data provider Activ Financial is examining ways to reduce internal network latency. But unlike the others, Activ believes the best solution is to migrate more…
Activ, Skyler Integrate with Reuters
Low-latency data provider Activ Financial has created an interface between its direct and consolidated market data feeds and the Reuters Market Data System. The Activ RMDS Gateway allows Activ to deliver its feeds directly into customers' existing RMDS…
WestLB Outsources Data Tech to Reuters
German bank WestLB has migrated its market data infrastructure to a solution supported by Reuters, which is now hosting the bank's Reuters Market Data System (RMDS) data backbone and all datafeed connectivity at BT Radianz sites in London and Düsseldorf.
Savvis to Host Direct Exchange Connectivity
Network and hosting provider Savvis is setting up a service that will allow trading firms to cut latency by locating the servers that run their algorithmic trading engines in its Weehawken, New Jersey data center, directly alongside the trading engines…
Amex Plans Last Sale Pilot
The American Stock Exchange has proposed a one-year pilot program to allow market data vendors to disseminate last sale prices for Amex trades on a real-time basis for a flat monthly fee.
Mitsubishi Preps Tick Data for Auto Hedging
The rates trading group of Japanese securities trading firm Mitsubishi UFJ Securities International is in the process of implementing a tick capture database comprising Aleri's Streaming Platform and Sybase's Risk Analytics Platform to support the firm's…
IDC's Analytix Direct Bows in US
Interactive Data is rolling out its Analytix Direct risk analytics system to the North American market, to address data consolidation and region-specific risk factors.
Quant House Adds Deutsche Börse CEF
French low-latency data and trading technology vendor Quant House has begun providing Deutsche Börse's CEF feed of data from the Xetra cash and Eurex derivatives markets via its proprietary fiber-optic network, which allows the vendor to cope with peaks…
TSX Launches Low-Latency SFTI Feed
The Toronto Stock Exchange is this month installing communications lines to provide firms in the US with low-latency access to TSX market data via the Secure Financial Transaction Infrastructure (SFTI) network.
Orc Launches FAST Data Integration App
Swedish trading technology and market data vendor Orc Software will launch a new application, dubbed CameronFAST, to support data transfer using the bandwidth-reducing FAST (FIX Adapted for Streaming data) protocol at this week's SIFMA show.
Yipes Readies LSE Ethernet Feed
The London Stock Exchange is preparing to provide US clients with low-latency Ethernet access to its Infolect datafeed, under a new agreement with US-based Ethernet network provider Yipes Enterprise Services.
Pricing Direct Adds Swaptions
Bear Stearns' Pricing Direct division has added swaptions pricing to its evaluated pricing service, and is planning more expansions to its service and international operations, depending on client demand, officials say.
Chi-X, ICMA Partner for Regulatory Reporting
Chi-X last week announced a transaction reporting service that uses the International Capital Market Association's Trax2 reporting system. The service is already in the final stages of testing with one firm, and is expected to go live by the end of June.
Skyler Enlists Tervela to Cut Latency
Skyler Technologies, a Walnut Creek, Calif.-based provider of order book aggregation and trading software, will this week announce an agreement with hardware-based messaging technology vendor Tervela, to reduce system latency by combining their feed…
FirstRain Adds Global Info
Research software provider FirstRain will this week unveil a new release of its FirstRain Financial application for asset managers that includes data on global markets as well as just US equities, officials tell Inside Market Data . The new version will…
Q-Wixx Targets CDS Data Transparency
Q-Wixx, a new credit derivatives trading platform created by interdealer broker Creditex and a number of bank partners, will improve price discovery for trading lists of single-name credit default swaps (CDSs) by automating the process of gathering…