The Tokyo Stock Exchange’s Arrowhead trading platform, which went live on January 4, has reduced the cost of trading Japanese equities. According to statistics collated by ITG, the cost of trading Japanese equities dropped 37% in January 2010 from December 2009, the largest month-on-month fall in more than 18 months.
Cable & Wireless Worldwide has responded to market demand for high-speed exchange connectivity with a new configuration of its International Ethernet Private Line (IEPL) network. The company reckons the newly configured network will meet the needs of high-performance traders by delivering high speed – up to 1Gb per second – as well as predictable and secure ethernet connections.
A-Team Insight Exchange is a new event series for 2010, which will combine A-Team’s expertise in financial markets IT with thought leadership from world-class technology innovators and practical experience from financial market practitioners.
The Financial Information Exchange (FIX) protocol began life in the early 1990s as an attempt to streamline financial transaction messaging between Salomon Brothers and Fidelity. It has since grown into the industry standard for transaction messaging between sell-side and buy-side practitioners worldwide, and is being adopted by exchanges and other execution venues as the messaging protocol for trading participants.
Loading ...
When we first heard the latest theory on the succession plan for the former Reuters – that is to say, the market data vendor now known as Thomson Reuters Markets – we thought it was just so much tittle-tattle. It was back in October or November, and the integration of Reuters with Thomson Financial had barely been completed at best (and in fact is probably still ongoing). Surely the time wasn’t yet right for a change at the top, given how recently the key positions had been set post-merger in 2007.
(more…)