TradingTech Insight Blogs The latest content from across the platform
CME’s Aurora Co-Lo: Quick Facts
The Chicago Mercantile Exchange opened its new data centre – housing the Globex matching engine – in August, 2010. Now it’s planning to add co-location services, beginning January 29, 2012. Here’s some more information … – The data centre is located in Aurora, IL – 40 miles west of the city. – It is a…
Virginie’s Blog – Musical Chairs
It seems that 2011 has been another year filled with management shakeups, M&A activity and high profile exits and entrances within the vendor and practitioner communities. EDM solution vendors and data vendors in particular seem to have engaged in an ongoing game of musical chairs, not least of which has been the continued reshuffling at…
Industry Body Goes on Membership Drive
ISITC Europe, the industry group dedicated to improving the operational efficiency of the global financial industry, today announced it is launching a campaign to increase membership in the run up to its annual conference. ISITC Europe speaks for the whole industry, including broker/dealers, custodians, investment managers as well as vendors and utilities. Its mission is…
Options IT Taps Celoxica for Managed Futures HFT
Managed data and transactions service provider Options IT has tapped Celoxica to provide HFT trading services for futures trading in the U.S. and Europe. By leveraging Celoxica’s Container technology and providing requisite server hardware and connectivity, Options IT customers need just to provide the algorithm code, and can be operational within days. Celoxica’s recently-introduced Container…
Citi Deal Puts Fidessa Derivatives Platform on Global Map
Fidessa just bagged a big one. While its derivative platform has done well in Europe – around 50 customers to date – today’s announcement, made during the Futures Industry Association’s annual expo here in Chicago, of a worldwide rollout by Citi has put it on the global map. The managed service will provide initial low-latency…
CFN Adds CME Data, Elementised News to Alpha
CFN Services has augmented its recently-released Alpha Platform with the addition of market data from the Chicago Mercantile Exchange and elementised news from Selerity. Alpha is CFN’s managed service, providing ready access to market data, news and transactional services from a number of access points globally. CME data will be delivered in a roundtrip time…
RIMES to Unveil Investit Survey Findings in Upcoming Webinar
According to a new study commissioned by RIMES Technologies and conducted by independent research firm Investit, there is an ever increasing demand for additional index and benchmark data as nearly three out of four (72%) global investment management organizations indicated they expect to see an increase in their usage in the coming year. In fact,…
Nasdaq OMX Preps UltraFeed – for Equities, Options and Futures
NYSE Euronext has SuperFeed, so it’s perhaps no surprise that rival Nasdaq OMX is planning next year to release UltraFeed – a consolidated feed of North American equities, options and futures trade and quote data. And it’s enlisted Quodd Financial Information Services as its first customer and redistributor. UltraFeed will be a normalised data feed…
Activ Adds Emerging Markets, FX … Looks Beyond Latency
Activ Financial has been busy in the feed handler department, having recently added a bundle of emerging markets to its offering, as well as expanding its foreign exchange service. The company’s goal is to build out its global coverage both in terms of geography and asset class coverage as it looks beyond the “saturated” world…
BT’s Pickles Raises 10 Questions About the LEI Project
Last week’s legal entity identification (LEI) focused workshops in Basel, which were organised by the Financial Stability Board (FSB), allowed a number of financial industry participants and regulators to get together and discuss their views on the creation of a global utility and a new LEI standard. However, the event also raised a number of…