Sell-Side Technology/News
FESE: Market Transparency a Must
BRUSSELS-Market transparency and integrity were on the lips of most of exchange operators who attended the annual Federation of European Securities Exchanges (FESE) conference held in Brussels last week.
GFI Group to Update Fenics Professional
LONDON-Global interdealer broker GFI Group is set to launch an upgraded version of its foreign exchange (FX) options pricing and trading platform, Fenics Professional, by the first quarter of next year, broker officials tell sibling publication FX Week .
RediPlus Update Gains Bloomberg Link
NEW YORK-Users of Goldman Sachs' RediPlus execution management system (EMS) will see a tighter integration with the Bloomberg Professional service in the recently released version 9.1 of the trading platform, according to Goldman Sachs officials.
BNP Paribas Debuts FX eTrader
LONDON-In an attempt to become one of the top five global foreign exchange (FX) banks by 2011, BNP Paribas recently launched its new e-trading platform for FX, sibling publication FX Week has learned.
Nasdaq OMX Expects Algo Uptake Delay in Nordics
LONDON-Even though Nasdaq OMX rolled out central counterparty (CCP) clearing earlier this year to its Nordic trading venues, officials from the exchange operator anticipate that most firms will delay algorithmic trading on the exchange until Nasdaq OMX…
Micex Preps Low-Latency Gateway
MOSCOW-The Moscow Interbank Currency Exchange (Micex) is a step closer to launching low-latency trading capability via a new FIX-based trading gateway, which is slated for deployment in October 2010.
Monterey Hits Performance Milestone
NEW YORK-The consortium of vendors working to develop an enterprise cloud testbed under the Monterey name have passed a significant performance milestone as they eliminated the hypervisor performance bottleneck and delivered near line-rate throughput…
NYSE Technologies: No Forced FIX Migration
NEW YORK-Users of the FIX-based messaging communities Nyfix Marketplace and Nyfix Ioinet will not have to worry about a forced migration to NYSE Technologies' Secure Financial Transaction Infrastructure (SFTI) global network, according to vendor…
Knight to Launch Carbon Trading Desk
JERSEY CITY, N.J.-Agency brokerage Knight Capital Group plans to launch a global carbon trading desk, relying on internally developed trading infrastructure, brokerage officials tell DWT .
List Group Eyes Grid Portfolio
LONDON-Trading application and risk management platform provider List Group released its first grid-enabled application for tier-two and tier-three financial institutions that seek the computing benefits of a grid environment without deploying an…
Thomson Reuters Debuts NewsScope Company Events
NEW YORK—Officials from market data and trading system provider Thomson Reuters announced today, Nov. 30, that the vendor has released Thomson Reuters NewsScope Company Events, its latest machine-readable news product.
FFastFill Expands Asia Presence
LONDON—Officials from electronic trading platform provider FFastFill tell DWT that the vendor has recently completed the first phase of its expansion plans into the Asia-Pacific market and expect to increase its presence to Sydney in early 2010.
29West Debuts Queuing Edition
NEW YORK—Messaging platform provider 29West has tightened the feedback loop between the front and middle office as well as shortened the trade processing cycle with its version 3.0 of its Ultra Messaging for the Enterprise (UME) Queuing Edition that…
Kaazing Readies Amazon EC2 Gateway
NEW YORK-Web Socket Gateway provider Kaazing expects to ship a Web Sockets gateway for Amazon.com's Elastic Compute Cloud (EC2) by the first quarter of 2010, DWT has learned.
TurkDex Selects Aleri for Surveillance
IZMIR, TURKEY-As the first and only derivatives exchange in Turkey, TurkDex, came closer to launching trading operations earlier this year, it completed the deployment of its market surveillance system, which is powered by complex event processing (CEP)…
Tradebook Launches Order API
NEW YORK-Bloomberg Tradebook, a division of Bloomberg, has released a new application programming interface (API) that allows traders to bring together multiple asset classes on a single platform and drive trading strategies, say Bloomberg officials.
Microsoft Rolls Out Grid Betas
NEW YORK-Operating system and software giant Microsoft recently released beta versions of its Windows HPC Server 2008 server operating system and Microsoft Excel 2010 spreadsheet application that will reduce computing time for the largest Excel workbooks…
CMA Releases Latin America Algo Engine
São Paulo—Brazilian trading platform, market data and network connectivity provider Consulting, Methods, Advisory and Mercantil (CMA) announced the general availability of its new CMA Algoritmos algorithmic trading engine for its CMA Trade Hub financial…
Nasdaq OMX Turns to Correlix for Latency Monitoring
NEW YORK-Beginning in the first quarter of 2010, officials from global exchange operator Nasdaq OMX expect to have latency monitoring capabilities for orders, executions and market data messaging-provided via the RaceTeam latency monitoring service from…
HFT Drives Extranet Evolution
LONDON-Due to the rising popularity of high-frequency trading (HFT), new extranet providers are deploying fatter and faster network pipes while more established extranet providers are seeking to add features to remain attractive, concludes a new report…