Inside Market Data/Special
Keynote Highlights Value of Data
Market data will prove a constant area of value and differentiation between exchanges as new competitive landscapes and regulations rewrite traditional exchange models, according to the European Financial Information Summit's keynote speaker, Miguel…
Searching for Alpha Through Data
The burden of finding new datasets that add value to a trader's ability to achieve alpha-the elusive difference by which someone outperforms an index through skill, timing and asset selection-is falling to data managers and traders or asset managers, as…
Ref Data Panel: Trust, Governance Key for Data Management
Governance issues and the ability of firms to have confidence in data are key challenges for reference data management strategies, according to a panel on the Inside Reference Data stream of last week's European Financial Information Summit.
User Firms Strive to Preserve Choice
In the face of the pending merger between two of the industry's leading data providers-Thomson and Reuters-end-user firms say they will promote niche service providers to preserve competition between vendors, according to a panel of end-users at last…
Feeds, Terminals in Evolution Race
Standalone data terminals must evolve if they are to continue to have value for traders in the face of growing usage of direct datafeeds to power algorithmic trading and pricing applications, according to participants on a panel dubbed "Is the terminal…
Vendors: More Mergers Won't Stifle Innovation
The trend towards consolidation among data providers is set to continue, as vendors grapple with issues of scalability, complexity and infrastructure costs, according to panelists at last week's European Financial Information Summit.
Panel Voices MiFID Fragmentation Concerns
Fragmentation of data sources as a result of the European Union's Markets in Financial Instruments Directive is a key concern for data managers, according to industry experts.
Wombat Debuts DART Feed Entitlements Tools
Wombat Financial Software's entitlements division, which the vendor acquired with the purchase of Harco Technology in January, will this week unveil two new entitlements software systems based on Harco's DART (Data Access and Reporting Tool) technology.
Understanding Under-Reporting
With changes to the industry as a whole and the way market data is distributed, exchanges are set to step up their data auditing functions to protect their market data from unauthorized distribution, leaving end-user firms facing greater administrative…
ICE Futures Resumes Exchange Data Audits
The Atlanta-based IntercontinentalExchange (ICE) will begin conducting market data audits on member firms that subscribe to data from its ICE Futures Europe market (formerly the International Petroleum Exchange), ending a five-year hiatus period during…
Data Evolution Prompts Exchange Audit Rise
Exchanges are increasing the number of data audits they perform to verify that market data usage is in accordance with the levels authorized in their contracts with customers, and are shifting their focus more from data vendors to end-user firms,…
Demand Rises for Certified Prices
Diversified investment strategies, together with market structure changes, are driving a heightened need for third-party services providing certified prices for instruments such as foreign, illiquid or complex securities and derivatives, industry…
Exchanges Face MiFID Battle
European exchanges will experience increasing competitive pressures as a result of the Markets in Financial Instruments Directive, with latency and throughput of their technology platforms and the depth of their datasets forming key battlegrounds,…
Panel: Fragmented Europe Drives Latency Focus
Growing data volumes arising from the emergence of new markets in Europe will increase the use of technology to automate parts of the trading process and prompt a greater focus on latency in the region, according to an industry panel hosted by Colt…
Lack of Expertise Hampers FPGA Use
Hardware-accelerated solutions provide the best hope of dealing with high volumes of market data at low latencies, but may suffer because of the industry's current lack of experience and expertise with the new technologies, according to a conference…
Vendors Prep MiFID Feed Handlers, Consolidators
Market data and technology vendors Fidessa, Wombat Financial Software and SIX are all readying new products for capturing and consolidating new sources of market data that will emerge as a result of the European Commission's Markets in Financial…
Reports Predict Costly Volume Rises
Market data volumes could increase by 900 percent over the next five years, largely driven by Reg NMS and the European Union's Markets in Financial Instruments Directive, with spend on data technology set to rise to $2.4 billion by 2009, according to…
Kimsey: Data Budgets Buck Spend Trend
Spending on market data services in the New York Tri-State area as a percentage of overall dealing room technology costs fell slightly during the past year from 27 percent to 26 percent, despite a 5 percent increase in trading floor technology budgets to…
FPL Panel Touts FIX for MiFID Data Challenges
Some industry figures are calling for the FIX protocol to be expanded to encompass reference data in order to create a symbology standard for addressing the data challenges of the European Commission's Markets in Financial Instruments Directive,…
Asia Data in Demand to Support Algorithmic Trading Needs
The recent proximity hosting arrangement between the Singapore Exchange and BT Radianz to provide low-latency access to SGX market data highlighted the growing popularity of algorithmic trading across Asia and interest in the region’s markets from…
SIFMA Roundup: News From the Floor
With much of the discussion arising from last week's SIFMA show revolving around low latency and measuring latency, the issue threatened to drown out other news announced by vendors in different niches within the market data industry.
KX Speeds Up Client Queries
Tick capture database provider Kx Systems will this week roll out the latest release of its kdb+ database, with improvements to deliver greater front-end speed than previous versions.
SIFMA Showstoppers
The annual trek around the SIFMA Technology Management conference's exhibition halls has become a pilgrimage for many. To save the wear and tear on our readers' feet, Inside Market Data presents a comprehensive list of exhibitors within our space, to…
Coral8 Release Anticipates CEP Uptake
At the end of June, complex event processing software vendor Coral8 will release version 5.0 of its Coral8 Engine, which features updates designed to enable early adopters of CEP technology to expand their usage across multiple applications, officials…