Share |

Content about Newswire

October 6, 2014

Northern Trust has chosen SunGard’s Asset Arena Control Center as the latest addition to the portfolio of SunGard solutions used by the asset servicing and investment management firm. Asset Arena Control Center will help Northern Trust benefit from further operational efficiency by converting complex work processes into electronic checklists and easy-to-read dashboards that help increase automation and improve operational oversight and controls of the firm’s fund accounting and investor accounting activities.

October 6, 2014

Recognizing investors’ growing needs to gather and manage information flows from multiple sources in order to better react to and anticipate changing market conditions, S&P Capital IQ, a business unit of McGraw Hill Financial, and Kuberre Systems today announced the launch of a new tool for traders, market makers and portfolio managers. The new product, Event Fusion, offers real-time alerts about relevant news and information affecting investment holdings. It draws from disparate data sources, culling out news about events that users deem relevant and providing actionable real-time notifications over a wide range of preferred devices.

September 30, 2014

McObjectR, developer of the eXtremeDBR Financial Edition database system and related product family, announced that C3S, a Singaporean firm specializing in high-value and mission-critical technology solutions in market segments including finance, defense and electronic government (e-government), has joined McObject as distributor in Singapore, Malaysia, Indonesia and Vietnam.

September 29, 2014

OptionsCity Software, a global provider of electronic trading solutions for professional futures and options traders, today announced that the firm has completed certification with CME Group’s Market Data Platform (MDP) 3.0.

September 24, 2014

Tiger Infrastructure Partners (“Tiger”) today announced the signing of a definitive agreement to acquire a majority interest in Hudson Fiber Network (“HFN” or the “Company”). The transaction is expected to close during the fourth quarter of 2014, following customary regulatory approval. Further terms of the transaction were not disclosed.

September 22, 2014

ConvergEx Group, a leading provider of global brokerage and trading-related services, today announced a dynamic order routing strategy that allows clients to designate a percentage of an order to be sent to IEX, with the remainder going to ConvergEx’s Darkest algorithm, which searches for liquidity among more than 20 other non-displayed venues. ConvergEx is offering this strategy after careful analysis of IEX executions showed that client orders were being successfully protected from latency arbitrage.

September 18, 2014

DirectFN, a leading provider of financial market data and technology within the global emerging and frontier markets, launched its browser based market intelligence platform ‘Decypha’ in June 2014. Decypha is targeted at global investors who focus on the MENA region. These global investors extend to fund managers, asset managers, private equity firms, M&A and research analysts who have current or potential exposure to the MENA region.

September 18, 2014

Kx Systems, a leader in high-performance database and time-series analytics, today announced it has signed an OEM partnership with FirstBPM, a global provider of business process management integration software. As part of the deal, FirstBPM will deploy kdb+ to greatly enhance the speed and performance of its data analytics processes.

September 17, 2014

NovaSparks, the leading field programmable gate array (FPGA) market data company, today announced NovaTick, its third generation pure FPGA feed handler solution built on a new hardware platform. NovaTick is a fully integrated ticker plant solution targeting the most demanding customers who are not willing to compromise between speed and determinism on one hand, and scalability and functionality on the other. Compared to its predecessor, NovaTick supports four times the number of instruments and five times the input/output bandwidth, while delivering sub-microsecond processing speed even during market data peaks. NovaTick also integrates the recovery service offered by most exchanges.

September 17, 2014

Object Trading, an independent provider of global direct market access (DMA), today announced it has received certification of conformance to the ICE for UK derivative products and is ready to support clients through the trading access migration from NYSE LIFFE to the ICE trading platform. Clients will be able to continue trading without disruptions to their trading systems.

September 17, 2014

REDI Holdings LLC (“REDI”), the independent, industry-backed provider of the REDIPlus execution management system (EMS), today announced the strengthening of its sales, account management and development capabilities in the New England region with the hiring of Sean Graham and Roseann Hoffman Woodford, two seasoned equity trading professionals, and Jeremy Warburg, a veteran buy-side software developer.

September 17, 2014

Redline Trading Solutions, the premier provider of ultra-low latency market data and order execution systems, today announced that its InRush 3 Accelerated Ticker Plant now runs on the Windows Server platform.

September 16, 2014

ITRS Group is further expanding its Asian presence through the opening of a new Singapore office. The new office will sit alongside the application performance and management technology provider’s existing hubs in Hong Kong and Philippines.

September 15, 2014

Victor Technologies, a financial analytics provider that specializes in risk management and listed derivatives pricing, today announced that the company is partnering with ACTIV Financial, a global provider of real-time, multi-asset financial market data and solutions, to offer its enterprise-grade Market Volatility Feed (MVF) as part of ACTIV’s market data platform. With this partnership in place, Victor Technologies’ world-class volatility feeds will be made available to ACTIV data feed subscribers in real-time via ACTIV's global distribution network.

September 15, 2014

Victory Networks, a leading provider of market data, connectivity and colocation solutions for trading firms, today introduced SpeedEdge, a new ultra-low latency feed handler for futures and equity options. Due to its unique architecture and open API, SpeedEdge offers trading firms a more scalable, flexible and transparent solution than traditional legacy feed handlers.

September 9, 2014

Kx Systems, a 20-year leader in high-performance database and time-series analytics, has been selected by the Laboratory for Financial Innovation at the Shenzhen Stock Exchange (SZSE) in Shenzhen, China for trading analytics.

September 8, 2014

Exegy, a provider of high-performance market data normalization and distribution solutions, has today announced the availability of six new feed handlers for foreign exchange venues. The new additions expand Exegy’s broad portfolio of over 200 market data feed handlers, including feed handlers for the leading bank portals and ECN platforms for currency trading. Today, Exegy announced support for the Cantor Fitzgerald StreamFX, FX All Active Trading, ICAP EBS Ai, Integral FX Inside, LMAX InterBank, and LMAX Professional feeds.

September 8, 2014

Horizon Software, the provider of the most advanced algorithmic trading technology on the market, today announced the latest version of its electronic trading platform. The newly-launched v2.1 significantly increases the throughput, reduces platform latency and extends its potential by covering all the business needs of equity and equity derivatives desks (Delta One, Options trading, customer flow, etc.). The new version provides a host of compliance tools, which will now allow clients to meet market-making obligations anywhere in the world and includes regulatory safeguards such as anti-self-matching, short-sell tagging and throttling limitations.

September 8, 2014

Perseus Telecom, a leading provider of high-speed global connectivity, High Precision Time and Market-to-Market networks, announced today company growth in strategic senior member hires as well as product expansion with a focus on Market Data for all asset classes. Anthony Gerace is President, Global Financial Services, Jeff Mezger, VP Product Management, Mark Studenka, Network Services Architect (both in Chicago), Amanda Altobello, Business Development and Raniere Tesser, Network Engineer, both in São Paulo.  This industry expert roster will support the Perseus momentum of triple digit growth into its 6th year and beyond. The start of 2014 included Perseus entering the Market Data space with the acquisition of TLV Networks thereby becoming Vendor of Record (VOR) for CME Group and Intercontinental Exchange ICE. Market Data for both exchanges is available globally, both raw and normalized for wireless delivery.

September 8, 2014

RavenPack, the top provider of real-time financial news analysis services, today announced the launch of RavenPack News Analytics (RPNA) 4.0, with significant advances in its news analytics and event detection capabilities, enabling quantitative analysts and data scientists to accelerate the discovery of relationships between news and financial markets.

September 5, 2014

Intercontinental Exchange, the leading global network of exchanges and clearing houses, today announced that it has entered into a definitive agreement to acquire SuperDerivatives, a leading provider of risk management analytics, financial market data and valuation services. The acquisition will accelerate the expansion of ICE’s comprehensive multi-asset class clearing strategy.

September 4, 2014

CME Group will introduce Market Data Platform (MDP) 3.0, a low latency and direct data access solution designed to improve customers' ability to process and act on real-time price information. The new MDP 3.0 Channels will run in parallel with the current FIX/FAST Channels for six months after completion of the rollout of all MDP 3.0 channels.

September 4, 2014

The European Energy Exchange AG (EEX), Europe’s leading energy exchange, and Trading Technologies International (TT), a provider of high-performance professional trading platforms, today announced that EEX has contracted with TT to supply the exchange’s trading participants with direct access to the exchange via the direct screen. The software-as-a-service (SaaS) TT platform provides secure, high-performance, go-anywhere market access and trade execution.

September 4, 2014

The Quincy Extreme Data service now offers order book data on select Eurex bond and equity futures. The QED service distributes select Eurex futures in major trading centers in the UK, New Jersey and Illinois at the lowest known commercial latency. Eurex Order by Order is the first Europe-sourced data feed distributed by the QED service, which already includes eight US-based exchanges.