Sell-Side Technology/News
BOX Aims for Block Trading by Midyear
BOSTON-Operators of the Boston Options Exchange (BOX) expect to start development on a block-trading platform within a matter of weeks, DWT has learned.
FPL Readies Service Pack Release
LONDON-The second service pack (SP2) for FIX 5.0 will be available early in the second quarter of 2009, FIX Protocol Ltd. (FPL) officials tell DWT .
CME Ramps Up Exchange Integration
U.S. exchanges are getting off the consolidation bandwagon and the real work of integrating systems and realizing synergies has begun. It is vital, however, that execution venues not lose sight of the big picture and remain competitive in a tough market…
Platform Targets Latency with Symphony Update
NEW YORK-Grid computing software provider Platform Computing aims to reduce latency and improve data transfer capabilities with the latest release of its Symphony product, vendor officials announced today, March 16.
Orc Tackles Algos with Platform Update
NEW YORK-Trading platform and market connectivity provider Orc Software has made the latest version of its electronic trading platform Orc Trading generally available today, March 9.
ITG Expands Posit's Global Footprint
LONDON-Agency brokerage and crossing network provider Investment Technology Group (ITG) has extended the reach of its Posit crossing network to cover equities from the Czech Republic, Hungary, South Africa, as well as the London Stock Exchange's (LSE's)…
NYSE Euronext Arca Europe Goes Live
PARIS-NYSE Euronext's multilateral trading facility (MTF) NYSE Arca Europe has gone live today, March 9, trading stocks from Austria, Denmark, Finland, Germany, Italy, Norway, Spain, Sweden and Switzerland.
Egenera Expands PAN Coverage
MARLBORO, MASS.-Datacenter virtualization software and hardware provider Egenera has recently made its PAN Manager platform available on the Dell 10G line of servers, which includes PowerEdge M1000e Blade Enclosure and M600 blades, according to vendor…
NYSE Euronext Fortifies New Datacenter
NEW YORK-Exchange operator and technology provider NYSE Euronext is in the midst of adding security features to the new datacenter constructing in the New York metro area, DWT has learned.
Aleri, Coral8 Merge Businesses
CHICAGO-Citing synergies in product features, customer base and geographic markets, the executives of complex event processing (CEP) platform providers Aleri and Coral8 announced today, March 9, that the two vendors have merged operations.
EBS Suffers Network Outage
LONDON-Foreign exchange (FX) traders needed to reroute their trades from the Icap-owned EBS platform for two hours last Thursday due to problems with the firm's network service provider, say Icap officials.
Icap Girds for Fixed-Income Growth
As the down economy has firms reprioritizing their IT spending, DWT U.S. reporter Oksana Poltavets sits down with Philip Gilligan, CIO of the global electronic broking unit at interdealer broker Icap, to discuss what Icap is doing to keep itself…
Atrium Network Launches Exchange Ring
LONDON-Officials at financial connectivity provider Atrium Network announced today, March 9, the launch of Exchange Ring, an ultra-low latency infrastructure that will connect to multiple trading venues in London.
Quod Financial to Support FX
LONDON-Order management system (OMS) provider Quod Financial plans to add foreign exchange (FX) as an asset class in its routing environments later this year to augment its current support of equities, futures and options and fixed income, officials tell…
RTI Debuts Real-Time Excel Link
SUNNYVALE, CALIF.-To provide real-time data to traders and analysts, middleware vendor Real-Time Innovations (RTI) has developed an add-in for Microsoft Excel, officials announced today, March 2.
GT Software Adds Specialty Engine Support to Ivory
ATLANTA-The latest release of mainframe service-oriented architecture (SOA) software developer GT Software's Ivory Service Architect (ISA) version 4.1 is now generally available, vendor officials will announce tomorrow, March 3.
LeveL ATS Targets Block Traders with Smart Block
BOSTON-Alternative trading system (ATS) LeveL ATS looks to attract additional block order flow to its dark pool of liquidity with the planned launch of a new Smart Block order type, which is slated to go live by the end of the month.
Deutsche Börse Ponders MTF Play
FRANKFURT - German exchange operator Deutsche Börse is planning to enter the multilateral trading facility (MTF) arena, according to executives.
NYSE Euronext Unveils Options Floor
NEW YORK-After eight months of build-out and development, trading on the newly formed NYSE Amex Options trading floor begins today, March 2.