Sell-Side Technology/News
Nasdaq OMX Shutters Neuro, Turns to Equiduct
LONDON-An overcrowded and competitive European market has led Nasdaq OMX to announce the planned closure of its Nasdaq OMX Europe multilateral trading facility (MTF), dubbed Neuro, on May 21.
BM&FBovespa Girds for HFT Growth
NEW YORK-Looking to attract more high-frequency traders, Brazilian exchange BM&FBovespa plans to deploy a co-location offering for equities trading similar to what it currently offers to derivatives traders in its São Paulo facilities, pending regulatory…
BOX Sets For May Switchover
NEW YORK-Operators of the Boston Options Exchange (BOX), expect to take the exchange's new operations platform-consisting of its matching engine that is housed in the Equinix NY4 International Business Exchange (IBX) datacenter located in Secaucus, N.J…
Industry Calls for Exchange-Based Risk Management Tools
NEW YORK-Early last week, the Market Access Working Group of the Futures Industry Association (FIA)-the U.S.-based trade association for the futures and options industry-released its recommendations on managing direct access trading risk, which primarily…
CEP Moves Beyond Algos
LONDON-Over the last year spending on complex event processing (CEP) has been on the rise within the capital markets, concludes the author of a report from industry analyst firm Ovum, to be released on June 18, officials inform DWT .
RNA Networks Primes Memory Cloud
PORTLAND, ORE.-Memory virtualization platform provider RNA Networks expects to release version 2.5 of its RNA MVX memory cloud offering later this month, which will feature a "memory visor" that pools memory resources from many servers into a distributed…
VSS Improves Microburst Management
BURLINGAME, CALIF.-Latency monitoring and technology provider VSS Monitoring has added a microburst detection feature, dubbed vCapacity, to its VSS Distributed Taps network traffic capture platform line.
DexRex Debuts Social Media Archiving
CAMBRIDGE, MASS.-Officials from compliance platform provider DexRex Gear have rolled out version 2.2 of the vendor's ChatSync platform, which incorporates archiving capabilities for the major social networking sites, sources said today, May 3.
TXC Completes Global Co-Lo Strategy
JERSEY CITY, N.J.-High-frequency trading hosting provider Trading Cross Connects US (TXC) went live with its Tokyo co-location facility on April 15, using a network and datacenter facilities from Tokyo-headquartered KVH.
Winterflood Elects IFS as TCA Provider
LONDON-U.K. broker Winterflood Securities has begun using the LiquidMetrix transaction cost analysis (TCA) platform from London-based vendor Intelligent Financial Systems (IFS) to benchmark the performance of its Winner electronic market-making platform.
Fidessa EMS Gains U.S. Options Support
NEW YORK-Market connectivity and trading platform provider Fidessa has integrated real-time market data and trading capabilities for U.S. options into its global EMS Workstation, vendor officials announced today, April 26.
Swift Signals Five-Year Tech Plan
NEW YORK-During its recent Swift Operations Forum-Americas (SOFA), held in Manhattan, industry messaging cooperative Swift laid out its five most important technology focuses for its five-year business strategy, dubbed Swift 2015.
Informatica Eyes Virtual Databases
NEW YORK-Data integration software vendor Informatica is planning to expand the "virtual database" capabilities of its Informatica 9 data integration platform in 2011, vendor officials tell DWT .
FXall Prepares Trade Analytics
NEW YORK-Foreign exchange (FX) ECN operator FXall plans to introduce a set of pre- and post-trade analytics based on the trading trends that officials observe within the FXall's trading platforms, DWT has learned.
Thomson Reuters Charges Ahead with Elektron
LONDON-Market data and trading platform provider Thomson Reuters recently gave the industry a sneak peek of its next-generation data distribution network, dubbed Elektron.
Sybase, Panopticon Partner on Visualization
LONDON-Database provider Sybase has selected the data visualization platform from Panopticon Software to provide real-time data visualization for its recently acquired Aleri complex event processing (CEP) business, which should be launched this week, DWT…
Industry: HFT Brings Higher Costs to Futures Markets
NEW YORK-Direct market access (DMA) is changing how technology providers and trading venues are working with futures commission merchants (FCMs) in conducting high-frequency trading (HFT) and managing its risks, according to members of the futures…
CLS, Traiana To Take Fourth Bank Live
LONDON-Royal Bank of Scotland (RBS) is set to become the fourth bank to go into production on the CLS-Traiana joint-venture trade aggregation service by early May, according to an official at the bank in London.