Share |

Articles

TS-Associates, developers of TipOff, the market leading solution for the precise measurement and management of low-latency messaging infrastructures, announces that the Application Tap is now also supported on Microsoft Windows and separately, the product now leverages Direct Memory Access (DMA) to offer further reductions in its already minimal performance overhead.

TMX Group Inc. has agreed with London Stock Exchange Group (LSEG) to terminate their merger agreement. A majority of shareholder votes cast by proxy prior to the June 28, 2011 proxy cutoff supported the merger resolution; however, it is clear that the two-thirds threshold required to approve the merger would not have been achieved.

Erste Securities Polska, a leading Polish brokerage firm, has selected SunGard's Valdi, a suite of order management and trading solutions that will also help it connect to the Warsaw Stock Exchange. Valdi will help the company to handle rising order volumes and manage client connections quickly and cost-effectively.

Hibernia Atlantic, the only US-owned, diverse transatlantic high bandwidth connectivity provider, announces today that its Global Financial Network (GFN) now provides access to the BATS Exchanges in the U.S. and BATS Europe, operated by BATS Global Markets. In the U.S., the BATS Exchanges (BATS BZX Exchange and BATS BYX Exchange) handle approximately 10-11% of all equities trading and BATS Options handles approximately 4% of all equity options trading. BATS Europe operates an FSA-authorised multilateral trading facility (MTF) for pan-European equity securities with approximately 6% pan-European market share and 11% of the FTSE 100.

Atrium Network, provider of smarter connectivity solutions for the financial community, today announced that it has reduced the latency of its London to Stockholm path. Atrium Network’s lower-latency path means that Atrium Network’s clients can now access the fastest path possible between London and Stockholm.

IBM has announced that its ultra low latency market data feed handler software will be used by the Bolsa de Comercio de Santiago (BCS) to deliver market data to investors around the world.

BT has today announced that Aphelion is to offer its foreign exchange (FX) autotrading system, Quasar eFX, as a globally-available hosted solution via the BT Radianz Managed Infrastructure. This will create a new delivery channel for the Swedish-based provider of eFX trading systems.

Fidessa group, provider of high-performance trading, investment management and information solutions for the world’s financial community, has today announced that Haitong Securities, one of China’s largest brokerage firms, has joined its global connectivity network to open up access to China’s markets. As a result, the 2,400 buy-sides and 600 brokers on the Fidessa network will be able to route orders via Haitong to the Shanghai and Shenzhen stock exchanges.

Integral Development, a leading provider of FX trading solutions and services, announced today the issuance of U.S. patent No. 7,882,011, titled “Systems and Methods of Conducting Financial Transactions.” The recently issued patent, in general covers electronically sourcing prices from multiple locations, the aggregation and sorting of these prices, and a possible second sort based on even more detailed user-defined preferences.