Trading floor technologies
SDB Deploys VoIP on Its Trading Floor
SHENZHEN-Shenzhen Development Bank (SDB) has rolled out voice over IP (VoIP) turrets from trading communications vendor IPC for the bank's centralized China trading floor, sources tell DWT .
IP Trade to Add Video
NEW YORK-Traders using turrets from IP-based trading communications platform provider IP Trade will soon be able to hold video conferences on the trading floor.
Customization Key to Algo Growth
LONDON-When it comes to trading algorithms, off-the-rack solutions aren't cutting it in the competitive market as more buy-side clients demand bespoke solutions, say industry insiders.
SunGard Upgrades Front Arena
LONDON-Software and services vendor SunGard plans to debut the latest version of its Front Arena trading platform, DWT has learned.
ITG Aims for a Global Triton
NEW YORK-Agency brokerage and crossing network provider Investment Technology Group (ITG) plans to deliver a global version of its Triton execution management system (EMS) sometime in the second half of this year, DWT has learned.
Sales Traders Here to Stay
NEW YORK & LONDON-Although the use of sales traders across European markets will continue to decline, the belief that the European sales trader is no longer in wide use is unfounded, according to recently published Tabb Group research.
SocGen Debuts European SOR
LONDON-Société Générale Corporate & Investment Banking (SocGen CIB) has gone live with order management system (OMS) and market data provider Fidessa's smart order routing technology in Europe, officials announced today, June 23.
Low-Latency Investment Picks Up
LONDON-The low-latency game is attracting a broader range of players, including firms that are not typically speed-sensitive but that want to gain competitiveness, according to industry participants.
Fidessa Rolls Out Intelligent Liquidity Access
NEW YORK-In an effort to level the playing field for its clients, order management system (OMS) and market connectivity provider Fidessa has launched its Intelligent Liquidity Access strategy today, June 16.
Merrill Adds Prime Brokerage to RealTick
NEW YORK-Global financial firm Merrill Lynch has tapped execution management system (EMS) provider Townsend Analytics to provide its integrated electronic trading and prime brokerages services to its hedge fund clients, officials have announced today,…
Low Latency Optional for Firms
LONDON-Prior to deciding to invest in low-latency technologies, firms should carefully assess how important the investment is for their business, according to industry insiders.
TM Targets Trade Latency
NEW YORK-Trading Metrics, a provider of latency monitoring tools, has expanded its services with a new product, dubbed Trading Latency Metrics.
Knight Cuts Knight Link Latency
JERSEY CITY, N.J.-Broker-dealer Knight Capital Group is reducing the latency in its internal crossing network, Knight Link, almost by half, firm officials tell DWT .
Aegisoft Updates AthenaTrader
NEW YORK-Several Aegisoft clients are in the process of testing and will be going into production with version 4.0 of AthenaTrader, an algorithmic multi-asset execution management system (EMS).
MUSI Preps for Algo Rates Trading
NEW YORK-The interest rates trading group of Mitsubishi UFJ Securities International (MUSI), the European hub of the global securities and investment banking business of Mitsubishi UFJ Securities Co., plans to start algorithmic trading by the end of the…
HSBC Links to Impact Pro
NEW YORK-Users of the Impact Pro integrated execution platform from Advanced Financial Applications (AFA) now have the option to route equities trades across borders via HSBC, DWT has learned.
Wall Street Systems Acquires AGB
NEW YORK-Taking its finger out of the wholesale banking pie, complex event processing (CEP) technologies provider Aleri sold off its Aleri Global Banking (AGB) unit to Wall Street Systems (WSS).
GL Readies Thin Client Update
PARIS-By the fourth quarter, exchange connectivity and trading platform provider GL Trade plans to release version 8.0 of its thin-client trading workstation that will sport new order execution functionality as well as updated back-end routing technology…
Tibco to Take Rendezvous Hybrid
PALO ALTO, CALIF.-Messaging provider Tibco plans to release its first hardware-based messaging appliance by the year-end that will improve latency performance for its Rendezvous messaging platform.
Deutsche Bank White-Labels Traderforce
PARIS-Deutsche Bank has implemented technology from thin-client trading, analytics and risk management platform vendor Traderforce to power the investment bank's Autobahn Equity multi-broker trading system, officials from both parties tell DWT .
Smart Order-Routing to Become Essential
PARIS-As liquidity in the European markets continues to fragment, implementing smart order-routing platforms will be essential for sell-side firms to succeed in the new environment, say industry insiders.
4th Story Introduces Blue Ridge
SAN FRANCISCO-Algorithmic trading software vendor 4th Story has released its algorithmic trading server, dubbed 4S. Blue Ridge, today, April 14.
Townsend Analytics Targets Asia
NEW YORK-Execution management system (EMS) provider Townsend Analytics plans to announce this week that it has incorporated trading algorithms and other execution services from UBS for the Asian and Canadian markets into its RealTick EMS platform, DWT…
Brokers Unfazed by Exchange Algos
LONDON-As exchange operators, such as NYSE Euronext, plan to develop and deploy their own trading algorithms, few sell-side firms consider the offerings to be a competitive threat, according to industry participants.