Sell-Side Technology/News
Deutsche Bank White-Labels Traderforce
PARIS-Deutsche Bank has implemented technology from thin-client trading, analytics and risk management platform vendor Traderforce to power the investment bank's Autobahn Equity multi-broker trading system, officials from both parties tell DWT .
Smart Order-Routing to Become Essential
PARIS-As liquidity in the European markets continues to fragment, implementing smart order-routing platforms will be essential for sell-side firms to succeed in the new environment, say industry insiders.
Bursa Malaysia to Expand DMA to Cash
Kuala Lumpur-Operators of the Bursa Malaysia plan to offer the exchange's members and members' clients direct market access (DMA) to Bursa Malaysia's cash equities market, DWT has learned.
Quartet Updates ActivePivot
LONDON-Service orientated architecture (SOA) software provider Quartet Financial Systems plans to release the newest version of its ActivePivot product in the summer, DWT has learned.
CQG Adds Order Routing Types in Software Upgrade
DENVER - Denver-based futures charting and trading software provider CQG has added new "Smart Order" types as options to the latest release of its software platform.
TSX to Make Quantum Leap in June
TSX Group, operator of the Toronto Stock Exchange (TSX), plans to trade solely on its new platform Quantum by early June, officials tell DWT .
Saxo Bank to Launch WebTrader 2.0
COPENHAGEN-Danish online foreign exchange (FX) trading firm Saxo Bank plans to introduce version 2.0 of its Web-based platform, Saxo WebTrader, which provides mobile clients with instant access to the global markets, at the end of the second quarter,…
Liquidnet Targets Europe, Asia
NEW YORK-Once it gains enough critical liquidity in its European and Asian markets, New York-headquartered crossing network provider Liquidnet plans to expand its product offerings in those areas, DWT has learned.
Report: IT Budgets to Rise in Japan
TOKYO-IT spending in Japan's securities industry is expected to increase in 2008, though the growth rate will be conservative compared to previous years, according to research from Boston-based consulting firm Celent.
Panel: European Market Will Consolidate
LONDON-Despite the growing number of new entrants in the post-Markets in Financial Instruments Directive (Mifid) landscape, in two or three years the European market will consolidate, according to industry observers.
4th Story Introduces Blue Ridge
SAN FRANCISCO-Algorithmic trading software vendor 4th Story has released its algorithmic trading server, dubbed 4S. Blue Ridge, today, April 14.
Savvis to Host Bats MTF
LONDON-Europe's most recently announced multilateral trading facility (MTF), Bats Trading (Europe), announced that is has inked a deal with datacenter provider Savvis to host the MTF's production systems in Savvis' Docklands datacenter, DWT has learned.
Instinet Launches New Algos
Global agency broker Instinet, a wholly owned subsidiary of Nomura Holdings, has released a new, revamped suite of algorithms, dubbed Instinet Execution Experts, today, April 14. The collection incorporates components of Instinet's previous algorithmic…
Nyfix Acquires Fixcity
NEW YORK & LONDON-Global crossing network provider Nyfix has expanded its portfolio of offerings with its recent acquisition of indications of interest (IoIs) network provider Fixcity.
Swift Plans Managed Service
NEW YORK-Attendees of the Swift Operations Forum Americas 2008 in Midtown Manhattan were given a peak at three new services that bank messaging cooperative Swift plans to launch to help members manage their Swift connections.
Citi Takes Datacenter Green
LONDON-Without investing in leading-edge green technologies, Citi has managed to achieve a 20 percent energy savings for its new datacenter serving Europe, the Middle East and Africa (EMEA), say bank officials who spoke during a recent conference on the…
Bats ECN Lands in London
NEW YORK-Bats Trading, operator of U.S.-based exchange-in-waiting Bats ECN, plans to go into production with Europe's latest multilateral trading facility (MTF) by the fourth quarter, say Bats officials.
Townsend Analytics Targets Asia
NEW YORK-Execution management system (EMS) provider Townsend Analytics plans to announce this week that it has incorporated trading algorithms and other execution services from UBS for the Asian and Canadian markets into its RealTick EMS platform, DWT…