Sell-Side Technology/News
Cloud Consortium Starts Monterey Initiative
NEW YORK-Several cloud computing vendors have announced the planned availability of an integrated enterprise cloud computing test bed, dubbed Monterey, today, Sept. 14.
Solace Upgrades SolaceMQ Scalability, Security
OTTAWA-Hardware-based data accelerator platform provider Solace Systems announced today, Sept. 14, version 4.5 of its SolaceMQ queued messaging platform that offers a major performance boost and improved security capabilities over the previous release.
Elysium Targets Mini-Primes with Post-Trade FX Offering
STAMFORD, CONN.-Catering to the Tier 3 banks moving into the prime brokerage space, Elysium Technology plans an October launch for three post-trade modules for its multi-asset white-label front-to-back-office reporting and reconciliation platform,…
LSE: Baikal MTF Is Not Dead
LONDON-Despite recent press reports, exchange operator London Stock Exchange (LSE) Group is firm in its commitment to its Baikal multilateral trading facility (MTF), exchange officials tell DWT .
CBOE Moves C2 Launch to 2010
CHICAGO-The awaited launch of the Chicago Board Options Exchange's (CBOE's) new all-electronic C2 trading venue has been moved to the first quarter of 2010, according to exchange officials.
Heeding the Call of Open Outcry
The death of open-outcry trading has been long predicted-but while it continues to disappear from some electronic exchanges, it stubbornly hangs on in others.
Chi-Tech Adds FTEN To MarketPrizim
LONDON-Officials from trading infrastructure provider Chi-X Global Technology (Chi-Tech) announced today, Sept. 7, that the vendor has integrated pre-trade risk management and high-frequency execution capabilities from FTEN into its low-latency trading…
InfoReach Targets FX With Next TMS Release
CHICAGO-Foreign exchange (FX) traders on InfoReach's Trade Management System (TMS) will notice several new enhancements in the platform's next release, which is slated for later this year, according to vendor officials.
Quote MTF Joins 'Crowded' Space in Europe
BUDAPEST-At press time on Friday, Sept. 4, the European equities market became slightly more fragmented as pan-European multilateral trading facility (MTF) Quote MTF commenced trading in 10 French stocks.
Rosenblatt Levels the Playing Field
The introduction of third-party cloud computing and data storage offerings has allowed smaller firms to exploit infrastructure resources that were once limited to the largest bulge-bracket firms. DWT editor Rob Daly sits down with Raman Kannan, CTO of…
Schnadig Takes the Helm at Tervela
NEW YORK-Hardware-based data accelerator vendor Tervela plans to announce that Eric Schnadig has taken on the role of CEO, filling the vacancy left by Robert Cramer, who stepped down from the post in January.
StanChart Offers Cross-Asset Margining
SINGAPORE-Standard Chartered (StanChart) has rolled out cross-asset margining capabilities, as it expands its private banking business, DWT has learned
Cognitive Capital Takes Orc for Low Latency
NEW YORK-Chicago-headquartered proprietary trading firm Cognitive Capital has selected FIX protocol connectivity and risk management tools from trading platform and market connectivity provider Orc Software, officials announced today, Aug. 31.
BT Shuffles Capital Markets Execs
LONDON-In an effort to fine tune the management of its recently launched Global Banking and Financial Markets (GB&FM) division, global telecom giant BT has made two new appointments, DWT has learned.
RTS, Fixnetix Roll Out Hosted DMA Offering
LONDON-Trading platform provider RTS and low-latency market data provider Fixnetix have teamed up to deliver a fully hosted direct market access (DMA) offering, according to officials from both vendors.
Deutsche Börse Selects WebSphere for Trading Platform
New York-International exchange operator Deutsche Börse Group will incorporate version 2.2 of IBM's WebSphere MQ Low Latency as the messaging architecture for a new common trading system that it plans to roll out to all of its exchanges in the coming…
TMX Plans 10 Gbps Upgrade to Network
TORONTO-As part of a multi-phase project to upgrade infrastructure across its enterprise, Canadian exchange operator TMX Group plans to upgrade its internal 1 Gbps Ethernet network to 10 Gbps Ethernet networks, TMX officials tell DWT .
FIX Offerings Spur NYSE Technologies' Nyfix Purchase
NEW YORK-Nyfix's customer base and its FIX network community, Nyfix Marketplace, were the key drivers in NYSE Technologies, a wholly owned commercial technology division of NYSE Euronext, acquiring the global alternative trading system (ATS) operator and…