Inside Market Data/Special
Data Networks Diverge, Seek Value-Add
The growth of high-frequency trading strategies is producing a bifurcation between different types of data extranet providers-those that provide broad connectivity and shared services, and those focusing on high-bandwidth networks for low-latency data…
Asia Braces Itself for Algorithmic Data Explosion
Panelists at last week's conference urged attendees to prepare for increases in speed and volume expected to result from growing use of algorithmic trading strategies already commonplace in the US and Europe. Although high-frequency trading levels are…
Exchanges Put Asia at Center of Plans for Change
Global exchanges are looking to enter Asia-Pacific markets, either through direct presences or via alliances with local venues, while regional exchanges are simplifying and changing the way they provide data to market participants that have become used…
Keynotes: Asia Emerges As 'New West' in More Interconnected Markets
The keynote speakers from Thomson Reuters and Interactive Data at last week's Asia Pacific Financial Information Conference delivered a rallying cry to market participants in the region to prepare for the challenges resulting from anticipated rises in…
Cost Pressures Refocus User Priorities
As trading and investment firms face growing data requirements and shrinking budgets as a result of the turbulent economic environment, market data managers are focusing on better data administration, persuading vendors and exchanges to implement cost…
Investors De-Risk as Reliable Credit Data Proves Challenging
The global credit markets are the most challenging asset classes for sourcing reliable data, compared to other over-the-counter asset classes, as a dearth of liquidity continues and money managers-perhaps as a result-seek out simpler and less risky…
Vendors: Flexibility Key in Maturing Asia
Data providers continue to view Asia as a major growth market, but are being forced to take more flexible approaches when selling to markets in the region, to respond to changes in client demand and to take account of its unique differences and the after…
Latency, Infrastructure Key at FIA Expo
News from exhibitors at the Futures Industry Association's annual Futures and Options expo in Chicago last week reflected the ongoing themes of direct feeds, co-location and low-latency connectivity.
Users Seek Tighter Control on Data Spend
The practice of building centralized functions to run market data procurement has emerged as a key tactic for firms seeking tighter control over their data spend as the financial crisis continues, according to a panel of executives from end-user firms at…
Rethink Architecture or Risk Drowning in Data
Increasing volumes of data resulting from the growth of high-frequency trading could overwhelm markets unless firms review their infrastructure requirements, and find new ways to improve their data architectures beyond simply adding hardware or…
Data Costs Rise, Despite Exchange-MTF Competition
The emergence of new multilateral trading facilities as alternative venues to traditional exchanges in Europe since the introduction of the MiFID regulations has seen increased competition and more available liquidity, but has also led to an increase in…
Doctor's Orders: Data Key to Recovery
Though the financial markets appear to be showing signs of recovery, the keynote speaker at last week's European Financial Information Summit warned that firms must continue to be vigilant and utilize available data to the fullest extent to keep on top…
Panel: Targeting Content Is Key Requirement
The ability to deliver timely information in a targeted fashion is increasingly important for data vendors as they seek to protect clients from information overload while providing the content they need for their specific trading and investment functions.
Vendors Focus on Value to Combat Downturn
The difficult economic conditions of the past year have led providers of market data to focus on initiatives that can yield cost savings for their clients, to help them through the financial crisis, according to vendor panelists at last week's European…
European Trading Firms Go Loco for Co-lo
Co-location facilities remain in demand, not only as firms seek to reduce the latency of data delivery by locating their trading engines in the same physical premises as exchanges and multilateral trading facilities, but also as a means to cut back on…
NYSE Tech's SuperFeed Flies into Europe
NYSE Technologies, the trading technology and data vendor subsidiary of exchange group NYSE Euronext, is preparing to launch a beta version of its SuperFeed low-latency consolidated feed service in Europe.
Fidessa Adds OTC Data to Liquidity Analytics
UK-based trading technology and market data vendor Fidessa is planning to incorporate data from over-the-counter trade reporting venues and dark pools into its Fidessa Fragmentation Index (FFI) liquidity analytics service, which traditionally focused on…
Carbonn's Copy - Data Challenges of Olympic Proportions
In 2012, London will host the Olympic Games. Aside from feeding a well-loved British national pastime of complaining about the cost and botched delivery of every large-scale project deemed worthy, or not, of public funds, the games have provided a much…
Wiener Börse Preps Prague Data for ADH
Austrian exchange Wiener Börse is preparing to make market data from the Prague Stock Exchange available via its Alliance Data Highway (ADH) feed by the end of September, and is currently testing the data with vendor clients, officials say.
European Data Dilemmas: Navigating Fragmented Liquidity
The end of concentration rules brought about by the European Commission's Markets in Financial Instruments Directive has heralded a new age of competition between exchanges and multilateral trading facilities. But what are the implications for the market…
Survey: UK Data Spend Hits Bottom Amid Cautious Optimism for 2010
UK financial institutions are expected to spend marginally more on market data in 2010, reversing two years of consecutive budget cuts, according to a recent survey of dealing room technology by UK-based research firm Kimsey Consulting.
Panel Urges Euro Data Standards
The financial industry must encourage the adoption of standards in order to ease the burden of consolidating ever-increasing data volumes from a fragmented market, according to panelists at an event held by Thomson Reuters in London last week.
SIFMA 2009: Think Small
While this year's SIFMA Technology Management Conference and Exhibition will probably be most remembered for being much smaller than the spectacles of years gone by in terms of exhibitor numbers and delegates-hardly surprising, given the current state of…
Deutsche Börse Launches MNI Algo News
Deutsche Börse will this week launch a low-latency feed of machine-readable economic news, dubbed CEF Alpha+ Macro, which has been developed in partnership with subsidiary news agency Market News International, which the exchange acquired at the end of…