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.

READ THE REST

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.

READ THE REST

Turquoise Trading, the multilateral trading facility backed by nine investment banks, has opted to use NeoNet’s XG Market Data platform to receive real-time market data from European exchanges and other execution venues. Turquoise, scheduled to go live in September, is one of the most visible instances of the impact of the EU’s Markets in Financial Instruments Directive (MiFID) regulation, which seeks to level the playing field between execution venues.

READ THE REST

MarketAxess, operator of an electronic trading platform for US and European fixed income securities, went live early this month with Caplin Systems’ real-time data distribution platform to disseminate bond prices on its EM Actives emerging market bond trading service. The implementation follows the earlier installation of a Caplin-based platform to support its Corporate BondTicker premium service.

READ THE REST

Wombat Financial Software, the market data technology specialist whose acquisition by NYSE Euronext is expected to close this quarter (Market Data Insight, January 2008), has launched a real-time conflation system, Wombat Traffic Control.

READ THE REST

NYSE Euronext’s stunning $200 million deal this month to acquire Wombat Financial Software builds on the exchange operator’s earlier purchase of what is now NYSE TransactTools, complementing the latter’s FIX messaging capabilities with a high-performance direct feed handling and data integration platform.

READ THE REST

Quant House, provider of end-to-end systematic trading solutions, has selected Atrium Network to deliver its ultra low latency market data solutions to hedge funds. Atrium Network’s clients can now access the main European and US equity and derivatives markets by leveraging Quant House’s end-to-end low latency solutions including direct market access, feed handler technology and a proprietary fibre optic network for transatlantic data transport.

OMX and BT have entered into an agreement under which market data from OMX Nordic Exchange will be distributed through BT’s financial services network. The solution will generate access to the complete information offerings from OMX market data, which contains more than 800 companies. BT will enable access to the Nordic Exchange’s market data to a community of more than 10,500 sites worldwide, which will help eliminate the need for thousands of point-to-point connections to existing and new firms interested in obtaining OMX market data.

Currenex has been added as a market centre on the Secure Financial Transaction Infrastructure (SFTI) from NYSE TransactTools, a subsidiary of NYSE Euronext. Through SFTI’s network, customers are able to receive market data and trade on Currenex using TCP/IP, XML and FIX. Currenex provides execution technology and access to liquidity for banks, corporations and hedge funds in the foreign exchange markets.

Notwithstanding press reports of a little teething trouble with the US Options Price Reporting Authority’s (Opra’s) switchover to its new Fast-enabled data feed, the major direct feed handling platforms appeared prepared for the change, with Reuters announcing Fast capability for its Reuters Data Feed Direct (RDFD) hosted services just ahead of the January 25/28 deadline.

READ THE REST

Man Investments has deployed InfoDyne’s TPS+Plus feed handlers for Bloomberg’s B-Pipe on Demand (BPOD) datafeeds, integrating BPOD with Man’s existing Reuters RMDS system. This is among the first publicly acknowledged implementations of BPOD. Guy Tagliavia, president and CEO of InfoDyne, says while this is the first client for its BPOD interface to be announced, it has made other sales and deployments of the offering. The Man deal is among the fruits of InfoDyne’s labours in Europe, a market on which it has had increased focus since early last year.

READ THE REST

Low latency technology provider Wombat is running a fully subscribed pilot of a new middleware solution which it claims enables ultra high performance messaging with minimal data centre resource consumption.

READ THE REST

The Managed Solutions group of Interactive Data Corporation and Italian financial information provider Il Sole 24 Ore Finanza have jointly created PrimeTerminal 24, a financial information terminal for asset managers, wealth managers, private bankers and retail advisors in Italy. Il Sole 24 Ore will exclusively market the new service to the Italian market.

READ THE REST

The China Foreign Exchange Trade System (CFETS) has signed a multi-year licence agreement with Cicada for the use of its data management and dissemination platform Cicada Composer. Work on the development and implementation of the system by the two organisations is under way, with the solution expected to go into production in Q1 2008.

READ THE REST

Around a year after the official launch of version 1 of its WebSphere Front Office for Financial Markets high speed market data platform, IBM has unveiled version 2, complete with customer-driven enhancements. The new version has been improved in key performance areas such as throughput and latency.

READ THE REST

A new, low-cost desktop and mobile market data software offering from London-based Blue Systems aims both to compete head to head with desktop solutions from the mid-tier providers and to attract users among the growing retail investor community, including in emerging markets in Asia.

READ THE REST

Global index provider FTSE Group is live on technology from Caplin Systems as its primary platform for the collection, processing and worldwide distribution of bonds and gilts index data. FTSE has been moved to expand its technology infrastructure to meet growing demand for its indices – including customised indices – as global investment mandates become more specialised.

READ THE REST

Complex event processing (CEP) software provider StreamBase Systems and Reuters have partnered to extend StreamBase Studio to ease the development of event processing systems based on the Reuters Market Data System (RMDS). StreamBase Studio Reuters Edition (RE) comprises a series of extensions designed to enable developers to leverage content types delivered over RMDS and to simplify the rapid development of applications that consume market data by a broader range of users.

READ THE REST

TSX Datalinx, the market data vending arm of the Toronto Stock Exchange, plans to launch a consolidated market data feed of pre and post-trade data for Canadian equity marketplaces in the first quarter of 2008 – and has received support from alternative trading systems (ATSs) for the initiative.

READ THE REST

InfoDyne Corp has forged a strategic relationship with Real-Time Innovations ( RTI ) that will offer RTI’s ultra low latency messaging middleware as an embedded transport option within InfoDyne’s TPS+Plus Market-Data Platform. The deal gives InfoDyne a deeper extension into the client enterprise, allowing users to connect applications to InfoDyne’s low latency feed handlers via the RTI middleware platform.

READ THE REST