Sell-Side Technology/News
Sydbank Revamps Trading Floor
AABENRAA, DENMARK-Danish financial firm Sydbank went live with its redesigned trading floor last week, officials announced today, April 20. The initiative is the foundation of a larger project that aims to unify communications on the bank's trading floor…
Turquoise Opens Network to Latency Monitoring
LONDON-Operators of pan-European multilateral trading facility (MTF) Turquoise have decided to let market participants peek behind the curtain of the MTF's network latency performance with the deployment of the CorvilClear application from latency…
Serena Releases Mashup Designer
REDWOOD CITY, CALIF.-The latest version of automated mashups environment product Business Mashups 2009 is now available from application lifecycle management software provider Serena Software.
Ukrainian Exchange to Roll Out Micex Platform
KIEV-Later this month Ukrainian PFTS Stock Exchange is set to deploy a new trading and settlement system, dubbed PFTS Next, based on technology from the Moscow Interbank Currency Exchange (Micex), as well as exchange operator and technology provider…
Quote MTF Moves Launch to Q3
BUDAPEST-Officials at Hungarian multilateral trading facility (MTF) Quote MTF have delayed the venue's launch to Sept. 4 from its planned June 5 debut since unnamed "major players" could not connect to the platform by then, DWT has learned.
CLS, Icap Enter Post-Trade JV
LONDON-The joint venture (JV) foreign exchange (FX) trade aggregation service set for launch by CLS and Icap is being met with cautious optimism from major dealers, with details of the project still unresolved.
Vienna Exchange Adopts Xetra for Warrants
VIENNA-Officials at the Wiener Börse expect to complete the migration of warrants to the Xetra platform, provided by Deutsche Börse, by the end of June in a single-day switchover. Once completed, all Vienna cash market products will be run on Xetra,…
BGC Aims for Front-End Consolidation
NEW YORK-Interdealer voice and electronic broker BGC Partners is currently looking at a way to provide a single trading front end for all instruments it supports. Part of the plan being studied is incorporating the creation, pricing and management of…
Market Meltdown Fuels Operational Efficiency Drive
NEW YORK-For the remainder of the year, the futures industry is set to spend most of its IT dollars on improving operational efficiency and preparing for new regulations, according to industry insiders.
Volante Debuts Tervela Integration Platform
NEW YORK-In a bid to help firms speed the deployment of low-latency messaging architectures, integration tool provider Volante Technologies and low-latency messaging platform provider Tervela announced today, April 13, the general availability of Volante…
BNY ConvergEx Brings Algo Trading for Brazil Online
Despite the global economic downturn, interest in accessing the large emerging markets has not subsided. Asset mangers are seeking to diversify their portfolios geographically. One of the hottest markets is Brazil. In this issue, DWT looks at how the…
Deutsche Börse Xetra to Adopt Socket-Based Interface
FRANKFURT-With the next release of the Xetra trading platform, slated for June 8, German exchange operator Deutsche Börse will eliminate the need for users to maintain their member-integrated system server (MISS) in client datacenters, according to…
London Unphased by G20 Protests
LONDON-Financial firms in London had to increase their security arrangements and reassess their business continuity plans last week to weather potential disruptions caused by the protests around the Group of 20 (G20) summit in London.
Turquoise Set to Launch Aggregation Service
LONDON - European multilateral trading facility (MTF) Turquoise is preparing to launch a pan-European liquidity aggregation service later this month, officials tell DWT .
Intel Rolls Out ‘Nehalem' Family
NEW YORK-The financial services industry will be able to wring out even more energy efficiency and power usage from the new Intel Xeon processor 5500 series, vendor officials tell DWT .
StreamBase Debuts FX Aggregation
NEW YORK-Users of the StreamBase engine from complex event processing (CEP) software vendor StreamBase Systems will now have the ability to aggregate foreign exchange (FX) venues using the latest version of the product released today, April 6.
SunGard Adds Brazilian Hub
SÃO PAULO-Trading software and services provider SunGard has opened a new hub for its GL Net low-latency market data and order routing network in São Paulo, Brazil, officials announced today, April 6.
Thomson Reuters Makes TRMDS Multi-Threaded
NEW YORK-Users of the next-generation of the market data distribution system (MDDS) Thomson Reuters Market Data System (TRMDS) should expect and significant improvement as the vendor adopts a multi-threaded environment for the platform, according to…