Inside Market Data/Special
Morningstar Integrates Tenfore Data
Chicago-based market data vendor Morningstar has begun a project to update all of its key browser-based products to carry streaming data from its Real-Time division, formed by the acquisition of UK-based data vendor Tenfore Systems last year ( IMD , Dec…
Burgundy, Quote MTF Enlist Interxion for Co-Los
European multilateral trading facilities Burgundy and Quote MTF are both using Dutch hosting service provider Interxion to provide co-location services, to satisfy client demand for low-latency access to their primary matching engines and data…
Apama Expands Market Surveillance Platform
Complex event processing and algorithmic trading software vendor Progress Apama will this week release new monitoring features within its market surveillance platform, to enable users to detect operational risk, as well as more pre-built pattern…
Xignite Enables On-Demand Data Platforms
Web services data provider Xignite will this week announce plans to commercialize its online platform for on-demand data, by enabling data providers to use it as the basis for building their own online marketplaces for their data.
Direct Edge Expands 29West Messaging
Jersey City, NJ-based equity ECN operator Direct Edge, which is in the process of becoming a fully fledged exchange, is expanding a rollout of messaging technology from 29West, which the ECN already uses to support the part of its business acquired via…
Open Market Data: Why Not?
As cost pressures push the financial industry to consider more "open" technologies, is the time right for data vendors to abandon proprietary tactics in favor of more collaborative approaches? By Richard Reichgut, director of financial services at…
CodeStreet Bows Integrator for Data Publishing
New York-based data software vendor CodeStreet will unveil a new product, dubbed Market Data Integrator, at this week's SIFMA show, which enables users to publish proprietary datasets via third-party data services such as Bloomberg terminals.
Floored: The Definitive Data Guide to the SIFMA Technology Management Conference
The current economy is making it harder for firms to get sign-off on technology projects. Thus, it's more important than ever for firms to know what they want. To help readers navigate this year's Securities Industry and Financial Markets Association's…
When Tech and Crunch Collide
Today's financial markets depend more than ever on technology, which has moved from being an enabling factor to a major competitive differentiator and key driver of change. However, the economic crisis has thrown many firms' spending plans into turmoil,…
Industry Mulls Benefits, Challenges of Fragmentation
The quality and cost of exchange data continue to be key concerns for market participants, leading some to suggest that further regulation may be required to address the challenges posed by the fragmentation of European equity trading, according to…
IMD Reference: Bloomberg Takes Lead Share
Bloomberg edged ahead of the merged Thomson Reuters during 2008, with a 33 percent share of the real-time market data industry compared to just under 32 percent for Thomson Reuters, according to this year's Inside Market Data Reference report.
Banks: Data Usage Reviews Key to Costs
As firms face increasing pressures to control overall costs and spend on market data, closer evaluation of data requirements versus actual usage has become a priority, according to a panel of end-user firms at last week's North American Financial…
Bottega: Be Pragmatic, Be Understood
John Bottega, recently appointed chief data officer at the Federal Reserve Bank of New York, kicked off last week's North American Financial Information Summit with a keynote speech calling for data management professionals to be more pragmatic in their…
Vendors Focus on New Drivers of Demand
Data providers are adapting to economic conditions with new content sets and capabilities driven not just by cost pressures, but by end-user demand to comply with new regulations, and by simplifying product sets to address broader audiences, according to…
Content Demand Rises as Downturn Changes Trading
User firms are demanding more content from data providers-both in terms of scope and granularity-and better data quality, as they strive to improve their decision-making capabilities, according to one panel discussion last week.
Latency Still Vital, But 'Smarts' is New Focus
While latency continues to be a competitive differentiator for trading firms, they are placing more emphasis on how they leverage their technology in smarter ways to create greater benefits, according to panelists at last week's North American Financial…
Exchanges Must Standardize, Ease Hidden Burdens
As cost pressures continue to rise, exchanges should do more to adopt standards that make it easier for end-user firms to connect to and consume their data, if not move towards making commoditized data more freely available, said members of an exchange…
Panel: Take Dual Approach to Tackling Capacity
Capacity issues resulting from more algorithmic trading and increased data volumes continue to vex industry participants, who are taking a dual approach of trying to predict capacity requirements while reducing the number of applications that need access…
Aite, Tower: Firms Must Consider Costs of Data Storage, Outsourcing
As market data volumes continue to rise and hit new peaks, firms must begin planning for future storage and capacity requirements, and to closely consider outsourced vendor solutions to keep costs under control, according to research reports released…
Asia Geography Poses Data Challenges
The geographically dispersed nature of Asian markets poses unique challenges to building market data and trading infrastructures in the region, as increased automated trading prompts a growing focus on latency and throughput, said panelists in Singapore…
China's Data Market Faces Growing Pains
The Chinese data industry is expected to grow substantially in coming years, creating opportunities for Western and local vendors alike, according to panelists at an event in Shanghai, one in a series of Asia-Pacific events organized by Inside Market…
Sydney: Financial Storm Fails to Halt Rising Data Tide
Market data volumes continue to rise exponentially in spite of the constraints placed on the industry by the financial crisis, posing both challenges and opportunities to vendors servicing the marketplace, according to a panel discussion Sydney,…
DJ Editors Tell Tale of Two Economies
In recent years, the Asia-Pacific region, and China in particular, has offered a safe haven for Western investors seeking to escape the impact of the sub-prime crisis and better returns for firms trading over-commoditized markets, according to senior…