Sell-Side Technology/News
RTS Adds Brazilian Connectivity
CHICAGO-Traders looking to execute on Brazilian futures exchange BM&FBovespa can now access the market via products provided by trading technologies and exchange gateway vendor RTS Realtime Systems Group.
Interactive Brokers Adds Auto-Options Hedging
GREENWICH, CONN.-Options agency brokerage Interactive Brokers recently launched a new platform, dubbed Option Portfolio, which allows users to hedge their portfolio in line with a selection of standard Greek risk measures, such as delta, gamma and theta,…
Turquoise Suffers Trading Glitch
LONDON-Multilateral trading facility (MTF) Turquoise suspended trading activity last Wednesday, June 10, following technical issues related to a complex dark order matching scenario, according to officials.
Portware Expands Global Footprint
NEW YORK-Execution management system (EMS) provider Portware has made several key hires to beef up its presence around the world, DWT has learned.
Aleri, Correlix Enter Latency Pact
NEW YORK-To provide customers using a complex event processing (CEP) engine with latency information and monitoring tools, real-time network latency monitoring platform provider Correlix and CEP technology vendor Aleri have formed a joint alliance,…
SIX Swiss Exchange to Enhance DMA Interface
ZURICH-Operators of the SIX Swiss Exchange plan to release during the second half of the year an update to the bourse's proprietary capacity trading interface (CTI), which will target direct market access (DMA) and algorithmic traders.
Panel: Algo Adaptability a Must
LONDON-As electronic trading continues to grow and expand to new markets, industry participants predict that algorithms will become more sophisticated and will be able to cope with adverse conditions more easily, according to industry insiders.
Ballista Preps for Infrastructure Refresh
NEW YORK-Flush with a recently reported $15 million injection of working capital from a new consortium consisting of the International Securities Exchange (ISE), Knight Capital Group, Morgan Stanley and Susquehanna Growth Equity, options broker Ballista…
Citi Restructures Global Trading
NEW YORK-Banking giant Citi has recently reorganized its global electronic trading team in order to adapt to the rapidly changing global market structure, according to an internal memo obtained by DWT and authored by Steve Swanson and Shakil Ahmed, co…
CA Cheuvreux's Blink to Go Dark
NEW YORK-Clients of CA Cheuvreux will have access to a new pool of European dark liquidity to trade in as the agency brokerage arm of Crédit Agricole is in the process of adding dark capabilities to its internal crossing network, dubbed Blink, say bank…
ELX Enters the Fray
On the eve of the launch of ELX Futures, DWT U.S. reporter Oksana Poltavets sits down with CEO Neal Wolkoff to discuss what the exchange is doing to prepare, and its role in the bourgeoning futures market.
Latin America Sees Rise in Local FIX Vendors
SAO PAULO-The growth of electronic trading and FIX protocol adoption in Latin America has spurred a wave of new local FIX vendors, according to industry insiders.
Panel: MTFs to Knock Exchanges' Market Dominance
LONDON - The European market will eventually reach a tipping point where price formation will happen away from the incumbent exchanges and the multilateral trading facilities (MTFs) will grab a large slice of the market share, according to members of…
Quantum Leap
BNP Paribas drastically accelerated calculation times while slashing electricity consumption with the help of a new GPU-based architecture.
IPC Adds Nymex to Connection Service Network
NEW YORK-Dealerboard and trading telephony network provider IPC has added the New York Mercantile Exchange (Nymex), part of exchange operator and technology provider CME Group, to its Ethernet Connection Service (ECS) network, dubbed ECS Xchange, DWT has…
Traderforce Debuts Revamped Platform
PARIS - In order to improve performance and to offer users a simpler working environment, thin-client trading, analytics and risk management platform vendor Traderforce has rewritten the architecture for its platform and rebranded it as mottai, officials…
Voltaire to Provide 10-GigE Network Switches
BILLERICA, MASS. - Low-latency InfiniBand networking technologies provider Voltaire has announced today, June 8, plans for a range of network switches for 10 Gbps Ethernet networks, which will allow customers to take advantage of Ethernet connectivity…
Burgundy Suffers Trading Halt
STOCKHOLM - Less than a month after its soft launch, Nordic multilateral trading facility (MTF) Burgundy was forced to shut down trading due to a problem in its FIX gateway.
Deutsche Börse Sets XIM Test for Latter Part of '09
FRANKFURT-Deutsche Börse officials plan to start testing the exchange operator's new pan-European trading facility, Xetra International Market (XIM), in the second half of 2009, officials tell DWT .