Market Data Insight - Issue 74 - April 2008 »
On 18 Apr 2008 in MDI-Download PDF, Market Data Insight
With a focus on pre-trade market data, analytics and decision-support, Market Data Insight offers the most advanced analysis of the trading room technology marketplace available today. We have a community of avid readers for the brightest, liveliest, and most insightful publication in the business. Readers benefit from true perspective based on almost 20 years of participation in this specific market space and a comprehensive understanding of how the business of IT in the trading environment really works.
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Category: Market Data InsightOn 18 Apr 2008 in MDI-Download PDF, Market Data Insight
On 18 Apr 2008 in MDI-The Corporation, Market Data Insight
The market data business’s biggest ever deal closed this week, with Thomson Corp completing its acquisition of Reuters to create a $12.4 billion giant to be called Thomson Reuters.
On 18 Apr 2008 in MDI-Delivery Technologies, Market Data Insight
IBM has partnered with Canada’s TD Bank Financial Group to explore the use of IBM’s ‘Stream Computing’ software system, which will use the IBM Blue Gene supercomputer to examine thousands of real-time information sources in support of trading decisions.
On 18 Apr 2008 in MDI-First Word, Market Data Insight
Tom Glocer’s Thomson deal finally reached completion this week, just under a year after initial plans were outlined by the two companies. You’ll doubtless recall that we interviewed Glocer for our A-Team IQ magazine – precisely one year to the day ahead of the April 17 close. Glocer hasn’t done a major interview since.
On 18 Apr 2008 in MDI-News in Brief, Market Data Insight
Paris-based portfolio and risk management technology vendor Sophis has become the first software vendor to pass the testing criteria for the integration of its interface to the Reuters Data Access Control System (DACS). Reuters Open DACS can now establish a connection between Sophis’ RISQUE derivatives trading and processing solution and Reuters DACS, enabling clients to both report on and control access to market data.
On 18 Apr 2008 in MDI-News in Brief, MDI-The Corporation, Market Data Insight
Alphacet has formed a partnership with OneMarketData (OMD), in which OMD’s OneTick solution for tick data management and analytics will be included as a fully integrated feature of Alphacet Discovery, the straight through processing solution for quantitative strategy development and deployment. The commercial launch of Alphacet Discovery, which has been in development and testing for more than four years, is planned for Q2 2008.
On 18 Apr 2008 in MDI-News in Brief, Market Data Insight
Fitch Solutions has launched a new search engine and features for its online portal, FitchResearch.com, which will provide subscribers with improved, bespoke search functionality across Fitch’s interactive archive of research, data and analytics.
On 18 Apr 2008 in MDI-News in Brief, Market Data Insight
Vhayu has launched a new easy to use data management solution for the quantitative research community: Velocity for Quantitative Research (VFQR).
On 18 Apr 2008 in MDI-Client Implementations, MDI-News in Brief, Market Data Insight
KPMG in Turkey has chosen SuperDerivatives’ real-time, multi-asset options pricing and analytics platform for foreign currencies and interest rates. KPMG in Turkey joins other ”Big 4” accounting offices in standardizing on SuperDerivatives’ platform for the accurate verification of its audit clients’ portfolios. This allows KPMG auditors to ensure that their clients adhere to standards such as IAS 39, FAS 133, FAS 157 and the upcoming FAS 161 which strictly demands ”fair market value” pricing of derivatives.
On 18 Apr 2008 in MDI-News in Brief, Market Data Insight
IPC Systems is collaborating with Cisco, Avaya and Nortel in the development of its SIP-based Nexus Suite, an open, flexible, end-to-end communications platform for the trading floor that unifies communications technology in real time.
On 18 Apr 2008 in MDI-Market Data Services, MDI-News in Brief, Market Data Insight
Tullett Prebon Information and Shanghai Wind Information (“Wind Info”), China’s integrated service provider of financial data and software, have signed a multi-year agreement for the supply of interest rate, fixed income and money and fx data to the Chinese market.
On 18 Apr 2008 in MDI-Data Feed Handlers, MDI-News in Brief, Market Data Insight
TSX Datalinx has approved Reliance Globalcom’s financial Extranet, Yipes FinancialConnect!, as a provider of high-speed, low-latency access to real-time quote and trade information. Yipes is connected to TSX Datalinx’s LinxPointOne platform, which disseminates a variety of Canadian equity and other marketplace content from Toronto Stock Exchange, TSX Venture Exchange and Canadian equity ATS’s.
On 18 Apr 2008 in MDI-Connectivity, MDI-Market Data Services, Market Data Insight
Boerse Berlin’s Equiduct has released a pan-European VBBO (volume-weighted best bid & offer) real-time data feed and it has also selected low-latency market data and trading infrastructure connectivity provider Fixnetix to develop a feed for its Equiduct Trading platform. Equiduct Trading expects to launch later this year providing cross-border trading services.
On 18 Apr 2008 in MDI-Delivery Technologies, Market Data Insight
Skyler Technology’s launch of its C3 Liquidity Discovery Solution for the European equities marketplace takes the data aggregation of its flagship product in the US and adds aggregation capabilities tailored to the specific nuances of Europe.
On 18 Apr 2008 in MDI-The Corporation, Market Data Insight
Activ Financial has teamed up with Capital Markets Consulting (CMC) to refer prospective clients to each other. Having initially been introduced to CMC through a client relationship, Activ has been working with the consulting firm on commercial projects for about a year, according to Frank Piasecki, president of Activ Financial.
On 18 Apr 2008 in MDI-The Corporation, Market Data Insight
CME Group has acquired credit data specialist CMA, the culmination of a commercial relationship that has developed over the past year, with CMA distributing CME Group’s CDR Liquid 50 NAIG Index futures prices. Discussions around the potential for an acquisition began in the fourth quarter of 2007.
On 18 Apr 2008 in MDI-The Corporation, Market Data Insight
Xinhua Finance has engaged investment bank Gleacher Partners to “explore a range of alternatives to unlock the value in Xinhua Finance’s portfolio of assets”.
On 18 Apr 2008 in MDI-Contributed Article, Market Data Insight
Everyone is keen to climb on the low latency bandwagon. This is due to several factors, not least the exponential growth in market and trade data volumes that exchanges and financial institutions are having to process. Others include the growth in derivatives and algorithmic trading, the scores of new assets and asset classes being traded, and the increase in the number of players in the financial markets, particularly in emerging economies.
On 18 Apr 2008 in MDI-Celebrity Citings, Market Data Insight
Interactive Data Corporation has named Jay S Kilberg managing director of its Real-Time Services business. Kilberg joins Interactive Data from McGraw-Hill, where he was vice president and general manager for the Platts Research & Analytics business.
On 18 Apr 2008 in MDI-Celebrity Citings, Market Data Insight
SuperDerivatives has appointed Chris Zingo, formerly senior managing director for Thomson Financial’s Corporate Services Group in North America where he was responsible for sales and services for Thomson’s corporate customers, as vice president sales and support for the Americas.