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Quantitative Brokers, a fixed-income algorithmic executing broker, announced its launch of a suite of algorithmic strategies for trading US interest rates futures. The algorithms are the first-ever agency algorithms designed specifically to accommodate the unique Pro-Rata and FIFO matching engines for CME Eurodollar and Treasury futures. The strategies provide traders anonymity while searching for price or volume improvements through sophisticated order book placement and real-time analytics.

Algo Technologies Limited today announced that it has gone live as a provider of proximity services from SIX Swiss Exchange via Equinix’s Zurich based data centre.

IPC Systems, Inc., a leading provider of indispensable trading communications solutions to the world’s top financial services firms and global enterprises, today announced a significant upgrade to its transatlantic network. The upgrade involves the extension of its existing fully resilient high speed Dense Wavelength Division Multiplexing (DWDM) network which connects North American trading hubs in New York directly to venues in London and the greater European trading community.

Exegy, Inc., the market data appliance company, announced today a new ground-breaking product - Data Tone - based on the Exegy Ticker Plant. It is now possible for traders to access market data via Data Tone at $1000 per connection.

Atrium Network, provider of smarter connectivity for the financial community, announced today that participants are signing up to access the Chicago Board Options Exchange (CBOE), the largest U.S. options exchange and creator of listed options, via Atrium Network’s POP, located in the CBOE facility at 400 South La Salle, Chicago. CBOE options are now being accessed by Atrium Network’s European customer base using the same infrastructure as existing Atrium Network US clients.

Nigel Woodward Intel After five years at Intel as head of its financial services strategy, Nigel Woodward has exited the building for pastures unknown. Woodward joined the firm back in February 2006 (see our news brief on the subject at the time here) and during his five years at Intel, has focused on leading its retail and investment banking strategy.

ACTIV Financial, a global provider of fully managed low-latency market data solutions, today announced that is has become the first external data provider to distribute Top of PHLX Options Plus Orders (TOPO Plus Orders), the premier data feed for NASDAQ OMX PHLX (PHLX). ACTIV customers can now tap into the most comprehensive view of the market to more quickly and confidently react to dynamic market conditions on one of the largest U.S. options exchanges. PHLX trades more than 2,600 equity options, sector index options and U.S. dollar-settled options and captured 25.2% of all U.S. equity options trading in August.

While sell-side firms are eager adopters, OMS and EMS vendors have been slow to embrace an algorithmic trading language from the FIX Protocol Organisation, which helps them quickly adapt their systems to new algorithms, according to a panel at A-Team Group’s Insight Exchange conference on High Performance Technologies for Trading and Risk, held in New York this week.

UBS Investment Bank has made a strategic equity investment in high frequency trading technology specialist Mantara, becoming the first investor to cut a commercial deal with the company and extending its reach in the high frequency, low latency trading market.