Share |


Orc, a global leader in trading technology, today announced they have expanded coverage of the Canadian markets to include the Aequitas NEO Exchange, a newly launched Canadian stock market. Orc clients looking for new opportunities can leverage connectivity for order routing and market data to the Aequitas Lit Book and NEO BookTM.

SunGard’s MarketMap market data solution now provides Platts Real-Time news, data and alerts to help traders visualize market behavior as it occurs and respond quickly to new trading opportunities.

Neonet, the independent agency broker and execution specialist, today announced that it has enhanced its integration with SimCorp, the leading provider of investment management software solutions and services for the global financial industry. Through the integration mutual clients leveraging SimCorp’s software solutions get access to Neonet’s full range of execution algorithms.

Fidessa group today announced that Fiera Capital Corporation (“Fiera Capital”), a leading independent Canadian investment manager, has deployed Fidessa’s investment management system (IMS) across its fixed income operations. The managed service, which includes compliance, order management, portfolio management and connectivity, has enabled Fiera Capital to quickly scale its fixed income business and accelerate time to market in a cost-effective manner. Derivatives will follow later this year.

Thomson Reuters has today launched new controls in its instant messaging service to improve the ease with which financial markets professionals can communicate with their counterparties whilst helping ensure the highest standards of compliance.

Algo-Logic Systems, a recognized leader in providing hardware-accelerated, deterministic, ultra-low-latency products, systems and solutions for accelerated finance, packet processing and embedded system industries, announced today availability of their new Coherent Accelerator Processor Interface (CAPI) enabled Full Order Book solution on IBM POWER8 systems. The CAPI enabled Order Book performs all feed processing and book building in logic inside a single Stratix V FPGA on the Nallatech P385 card. The system enables software to directly receive order book snapshots in the coherent shared memory with the least possible latency. The low latency Order Book is designed using the on-chip memory for customer book sizes with many thousands of open orders, up to 24 symbols, and reporting of six L-2 book levels. For use cases where millions of open orders and full market depth need to be tracked, the scalable CAPI enabled Order Book is still implemented with a single FPGA but stores data in off-chip memory.

Exegy, a leading provider of managed services and technology for market data normalization and distribution, has announced today the availability of its fourth generation of hardware accelerated appliances. Exegy unveiled the first FPGA-based appliance for market data processing in New York in June 2006. It quickly garnered attention by significantly reducing latency for normalized data delivery while consuming far less space and power in the data center. Since that time, Exegy has developed a high-performance and feature-rich product line that is backed by comprehensive managed services. Today Exegy serves as a strategic partner to leading exchanges, market makers, sell-side banks, buy-side asset managers, and proprietary traders. "This is a significant achievement for Exegy that underscores our relentless commitment to innovation. It is tangible evidence of our sustained efforts to deliver the manifold benefits of our intellectual property portfolio of over 125 patents and patents pending to the financial services industry," says chief executive officer James O'Donnell.

Orc, a global leader in trading technology, today announced they will expand coverage of Nasdaq markets to include Nasdaq Futures (NFX), the exchange group’s U.S.-based designated contract market (DCM), on its first day of trading.

Liquidnet, the global institutional trading network, today announced that industry veteran Chris Jackson has joined the company as European Head of Liquidnet's Execution and Quantitative Services (EQS) Group. Chris brings over twenty years of experience to this new role which will involve setting the strategic direction of the European trading desk and Algorithmic Services Group, as well as heading up the senior sales effort for Liquidnet's global algorithmic offering with European clients.