Sell-Side Technology/News
AFA to Add Options Analytics
NEW YORK-Users of the Impact Pro execution management system (EMS) from Advanced Financial Applications (AFA) will soon be able to take advantage of options analytics capabilities, DWT has learned.
AFA to Add Options Analytics
NEW YORK-Users of the Impact Pro execution management system (EMS) from Advanced Financial Applications (AFA) will soon be able to take advantage of options analytics capabilities, DWT has learned.
UBS, Credit Suisse Slash Jobs Amid Crisis
ZURICH-Reporting record losses in 2008, Swiss banks UBS and Credit Suisse have announced further cuts.
SunGard Consolidates Networks
LONDON-Trading software and services giant SunGard is in the process of integrating its two order routing and market data networks with the one from recently acquired Paris-based exchange connectivity and trading platform provider GL Trade, now rebranded…
Axes Future Unclear
NEW YORK-The fate of agency broker and electronic trading access provider Axes is currently in limbo, DWT has learned.
Quote MTF to Name Clearing Partner
BUDAPEST-A new Hungarian multilateral trading facility (MTF), dubbed Quote MTF, is set to name its clearinghouse later this week, officials tell DWT .
BT to Take Turret Support to Radianz
NEW YORK-Telecommunications and turret provider BT plans to deliver trading turret support via its Radianz Shared Market Infrastructure beginning in April, according to vendor officials.
Misys Looks to Global Expansion
NEW YORK-To cope with the current state of the U.S. economy, applications software and services vendor Misys is looking to expand more aggressively into new geographic locations and strengthen its operations globally in 2009, DWT has learned.
dynaTrace Debuts Full-Cycle System
BOSTON-Application performance management solution provider dynaTrace software has launched the third version of its dynaTrace product, officials say.
Firms: Business as Usual as Snow Snarls U.K.
LONDON-Despite the disruption caused by the heaviest snowfall the southeast of the U.K. has seen in 18 years on Monday, Feb. 2, investment banks officials claim they were able to operate and have not suffered any major problems.
Virtualizing the Grid
Investment firms with any technology vision already have a grid in place and, if they want to stay ahead of the pack, they have more than one. The next step is making sure the grid is ready to operate at a moment's notice for the next major project. This…
Panel: Multi-Asset Trading Set to Grow
LONDON-Although multi-asset trading has been gaining traction in the financial industry in the last few years, firms have yet to adopt it across a wide range of instruments, say industry participants.
NYSE Arca Europe Plans to Go Live in Q1
PARIS-Exchange operator NYSE Euronext plans to launch its NYSE Arca Europe multilateral trading facility (MTF) later this quarter, after the migration of the exchange's equities trading to its new Universal Trading Platform (UTP), officials tell DWT .
Ágora Deploys Progress Apama CEP Platform
São Paulo, BRAZIL-Ágora Corretora de Títulos e Valores Mobiliários, a division of Banco Bradesco, has selected Progress Apama's complex event processing (CEP) technology to power its algorithmic trading strategies, officials announced today, Feb. 9.
CME Focuses on Globex, Integration in 2009
CHICAGO-Exchange operator CME Group plans to integrate the membership systems of the Chicago Mercantile Exchange (CME) and the acquired New York Mercantile Exchange (Nymex) by the end of this quarter.
3Tera Ups Operating Systems Support
ALISO VIEJO, CALIF.-Cloud computing technology provider 3Tera plans to roll out the general release version of its AppLogic grid operating system-designed to enable utility computing for running and scaling Web applications-tomorrow, Feb. 3, say…
Clearing the Way for Dynamic Grids
Dynamic computing grids are said to be the next frontier for investment firms looking to maximize compute power, but just how to construct them remains unclear. Sibling publication Waters assembled a distinguished panel at City#Grid 2008 to discuss the…
Plus Markets Preps Dark Pool Launch
LONDON-U.K.-based equity stock exchange Plus Markets plans to launch its dark pool of liquidity for small and mid-cap securities by the end of the month, officials tell DWT .
Equinix Signs New Clients for NY4 Datacenter
NEW YORK-Datacenter provider Equinix will be announcing the addition of several new clients on its Secaucus, N.J.-based New York-4 (NY4) International Business Exchange (IBX) facility within the next two weeks.
NYSE-Bids Block Exchange Launches
NEW YORK-In an effort to regain lost market share of block-trading volumes, NYSE Euronext has launched a new anonymous block exchange facility in partnership with alternative trading system (ATS) Bids Trading.