Share |

Content about Newswire

September 6, 2013

The Unlisted Trading Privileges Securities Information Processor met today with the UTP SIP committee to review the events of August 22, to better understand the causes of the regulatory halt and to consider a series of steps to strengthen the resiliency of the SIP.

September 5, 2013

SAP AG today announced the appointment of Ross Wainwright as its global head of financial services industries. Effective immediately, Wainwright will be responsible for SAP’s financial services footprint, which covers banking, insurance and capital markets clients across the globe.

September 4, 2013

ASX and NYSE Technologies, the commercial technology business of NYSE Euronext, today announced that they have connected their respective global networks. The linking of ASX Net Global and NYSE Technologies’ Secure Financial Transaction Infrastructure® (SFTI) will initially provide customers of NYSE Technologies cost-effective access to ASX markets and market data services.

September 4, 2013

Telx®, a leading provider of global interconnectivity, cloud enablement services and 100% Uptime SLA data center facilities, today announced the addition of 1.2 megawatts of power in its Chicago data center (CHI1) facility located at 350 E Cermak in downtown Chicago. Telx’s CHI1 facility is within the world’s largest datacenter at 1.1 million square feet and one of the most critical facilities for the global business community.  Telx operates the critical interconnection area known as the “Meet-Me-Room,” and with this addition of an incremental 1.2 Megawatts across two new suites, Telx now operates 8 suites exceeding 3.7 Megawatts of high-density colocation space, making Telx one of the largest colocation providers at the CH1 facility.

September 4, 2013

Redline Trading Solutions announced support in its ultra-low latency InRushTM 3 ticker plant for calculating a synthetic National Best Bid & Offer (NBBO) from direct options exchange feeds, providing pricing information significantly faster than the consolidated OPRA NBBO. With savings as high as several hundred milliseconds over OPRA, Redline’s ultra-low latency Options NBBO provides banks and trading firms with a more accurate view of the market.

September 3, 2013

ACTIV Financial, a global provider of real-time, multi-asset financial market data and solutions, today announced that Ben Collins has been appointed director of sales EMEA. Collins will join ACTIV’s growing London-based team to drive sales and marketing in EMEA as well as to support ACTIV’s ongoing expansion in Asian markets. He brings 15 years of sales management experience working with major enterprises supporting their market data, analytics and technology solutions.

September 3, 2013

Tbricks (www.tbricks.com), the provider of next-generation automated trading systems, today announced that Carnegie, leading Nordic independent investment bank, chooses Tbricks to replace its former infrastructure for pricing and market making.

September 3, 2013

FlexTrade Systems, Inc., an international leader in multi-asset execution and order management systems, today announced Singapore-based United Overseas Bank Limited (UOB) has chosen MaxxTrader  and FlexFX, its white label and enterprise FX trading solutions, to facilitate global FX trading.  In conjunction, UOB will also implement FlexTQM, FlexTrade’s comprehensive transaction quality management platform for real-time and historical transaction cost analysis. 

September 3, 2013

The successful introduction of the UTP transaction system at Warsaw Stock Exchange on 15 April 2013 opened new opportunities for participants in the Polish capital markets. The technical parameters of the UTP platform, including its speed, performance and bandwidth make it possible for WSE to offer solutions and services to the market that are of the highest global standards with regards to functionality and technical capability. These developments will facilitate the introduction of a new segment of clients, boosting levels of algorithmic trading activity.

August 30, 2013

NASDAQ OMX today provided the following update on the preliminary findings of its internal review of the events leading to the August 22 temporary trading halt in trading of NASDAQ-listed securities.

August 30, 2013

Options, the leading private financial cloud provider for the global capital markets industry, has today announced that it has further expanded its connectivity to a number of key trading venues, in addition to adding a number of new data feeds to the Options PIPE Platform. These latest additions to the IaaS provider’s offering come as a result of increased client demand.

August 29, 2013

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, today announced availability of their new Full Order-Book solution. The Full Order-Book performs all book building processing and reporting as logic inside a single FPGA. The Low Latency Order-Book is designed using the on-chip memory for customer book sizes with many thousands of open orders, a dozen symbols, and reporting of ten L-2 levels. For use-cases where millions of open orders, thousands of symbols, and unlimited levels need to be tracked, the Scalable Order-Book is still implemented with a single FPGA but stores data in off-chip DDR3 memory.

August 28, 2013

TMX Group today announced the launch of a new analytics feed for options traded on Montréal Exchange Inc. (MX), a wholly-owned subsidiary of TMX Group Limited and Canada's derivatives exchange. TMX Datalinx, the information services division of TMX Group, will make the new feed available to the options trading community through the TMX Atrium global network and other content distributors.

August 28, 2013

Volta Data Centres, the specialist provider of data centres to the financial, media and content industries, has selected Optimum Group Services (OGS) to provide facilities and engineering maintenance services to Volta’s Great Sutton Street Data Centre.

August 28, 2013

Perseus Telecom, a leading provider of ultra-low latency, high capacity global networks today announced that XP Investimentos with offices in Sao Paulo and New York, has established an ON-NET presence on the Perseus Telecom global exchange network.

August 27, 2013

ConvergEx Group, a leading provider of global brokerage and trading-related services, today announced that it has named Gary Ardell chief information officer. With this appointment, Mr. Ardell joins the company’s Executive Committee. He continues to serve in his previous positions as head of Business Strategy Development and head of the Financial Engineering and Advanced Trading Solutions unit.

August 26, 2013

BATS Global Markets, Inc. (BATS) and Direct Edge Holdings LLC (Direct Edge) today announced a definitive merger agreement, which will bring together two customer-focused securities exchange operators under the BATS Global Markets enterprise to drive further innovation and better serve investors.

August 26, 2013

Strike Technologies Services today announced the completion of a major upgrade to StrikeNET, its ultra-low-latency microwave network connecting the CME and NASDAQ datacenters at Carteret, NJ, and Aurora, IL. StrikeNET now offers customers the ability to transmit data at record speeds of 4.17 milliseconds as measured from rack to rack. Using proprietary technology, StrikeNET is capable of fully optimizing scarce microwave bandwidth through unique compression methods, while at the same time dynamically adjusting operating specifications for weather conditions in order to provide record-breaking reliability. The network has been live and operational for the past six months and is consistently providing availability greater than 99.7%.

August 22, 2013

PredictWallStreet, the global online stock prediction community, today announced the pairing of real-time stock and index quotes with real-time trader sentiment based on daily polls to facilitate faster data delivery which can result in more powerful intraday trading insights.

August 22, 2013

Russell Indexes, a leading global index provider and NYSE Euronext, one of the world’s premier exchange operators and technology innovators, today announced new enhancements to RussellTick, an index feed for real-time, intra-day values for the Russell family of global indexes. These enhancements represent an additional step in the growing global alliance between Russell Indexes and NYSE Euronext. The alliance, announced in January, includes the migration of RussellTick to NYSE Technologies Global Index Feed (GIF) as well as a commitment to introduce additional products in the U.S. and Europe including index-based options.

August 22, 2013

OptionsCity Software, a leading provider of electronic trading solutions, today announced that Traditum Group, a diversified proprietary trading firm specializing in market making, has adopted OptionsCity Metro for its energy, grains, and soft commodities trading operations.

August 21, 2013

TMX Group today announced the successful implementation of its new high performance trading engine, TMX Quantum XA, on TMX Select. The final group of symbols commenced trading on the new technology at the opening of the market yesterday, completing the phased migration.

August 20, 2013

AlgoSpan, the specialist market access infrastructure provider, is pleased to announce that it will provide low latency access to the co-location offering of SIX Swiss Exchange, a prerequisite for using its new Sponsored Access service.

August 20, 2013

FCM360 and SI Futures, a leader in South Africa’s financial technology marketplace, have aligned to provide high-speed, low-latency trading connectivity to Africa’s fastest growing financial services market, Johannesburg, SA.