TradingTech Insight Blogs The latest content from across the platform
Virginie’s Blog – Opinions on Xtrakter’s AII Ambitions
Last week, the trade matching and regulatory reporting solution vendor arm of Euroclear Xtrakter marked the official launch of its Alternative Instrument Identifier (AII) compliant transaction reporting solution and indicated that it is hoping to net a significant share of the market (see our coverage of which. However, given initial reader response to the news,…
Fast-Paced Futures
Whether you are trading Eurodollars in Chicago, FTSE 100 futures in London or Nikkei contracts in Tokyo, there is little to distinguish the style of listed futures and options trading or the regulatory requirements involved. From the trader’s perspective, the hundreds of thousands of instruments and the multitude of exchanges on which they trade are…
BM&F BOVESPA Unleashes Puma for Spot FX Today
Brazil’s BM&FBOVESPA exchange goes live today with the first phase of its Puma Trading System, a multi-asset platform, based on Globex technology from the Chicago Mercantile Exchange, with an aim to reduce trade execution to less than a millisecond. Today, the exchange is commencing trading on Puma with spot foreign exchange. Next up are derivatives…
NYSE Loosens Liquidity Centre Access
While there are no official statements being issued, inside word suggests that NYSE Euronext is loosening the restrictions previously in place on network access to its liquidity centres. Essentially, the exchange is now allowing remote access to its matching engines via networks other than its own SFTI. Since flipping the on switch at its liquidity…
Firms Likely to Wait Until November Deadline to Comply with AII Reporting Requirements, Says Xtrakter’s Dingley
Although the UK Financial Services Authority (FSA) has provided a four month window for firms to become compliant with transaction reporting using the Alternative Instrument Identifier (AII), firms are likely to wait until the final November deadline for compliance before they begin using the new derivative instrument ID, according to Christopher Dingley, product manager for…
FX Market Data Woes: Formats, Latency, Cost
StreamBase Systems just released the results of its 3rd annual survey of FX trading and technology issues and trends. Some 135 firms were surveyed, the majority on the buy side. This resulted in lots of facts, figures, pie charts, bar charts, and a few qualitative remarks, with worries about regulation and increased transparency being top…
Xtrakter to Offer New FSA Reporting for Derivatives Trades
Xtrakter, a leading provider of capital market data, trade matching and regulatory reporting, is now reporting derivative transaction data for clients to the UK’s Financial Services Authority (FSA) using a newly implemented industry format – the Alternative Instrument Identifier (Aii). In compliance with MiFID, the use of Aii for transaction reporting across Europe for derivatives…
Andrew’s Blog – Get Involved in A-Team’s DMRAV Event – London October 17
While London’s weather may not make for exciting summer activities, we’re getting mildly animated at the prospect of pulling together the programme for our Data Management for Risk, Analytics & Valuations conference in London on October 17. Ages away? Hardly. Get the bank holiday weekend out of the way and it’s just a month to…
Q&A: NYSE Technologies’ Brian Doherty on Data Fabric V6 and MultiVerb
NYSE Technologies recently rolled out version 6 of its Data Fabric messaging platform, including significant new functionality for scale out of networks while maintaining very low latency. IntelligentTradingTechnology.com checked in with Brian Doherty, NYSE Technologies’ global product manager for Data Fabric, to find out the how and the what. Q: For Data Fabric 6, you…
IBM Publishes Redpaper: “WebSphere MQ Low Latency Messaging in Financial Exchanges”
Just off the presses is this technical document – IBM refers to them as redpapers – on “WebSphere MQ Low Latency Messaging in Financial Exchanges.” Among other things, it illustrates how to create a “highly available matching engine component,” using the RCMS (Reliable and Consistent Message Streaming) API. For more information, and to download the…