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GlobeOp Hedge Fund Index Offers First Independent, Timely Window on Liquidity and Investor Sentiment
GlobeOp Financial Services will offer an independent monthly window into hedge fund capital flows with the launch next week of the first in a planned series of GlobeOp Hedge Fund Indices. “There is a real lack of independently confirmed industry data against which hedge fund managers and investors can benchmark their allocations and performance,” said…
Netik Signs as Elite Index Data Partner with NASDAQ OMX
Netik, a global provider of financial data management and reporting services and products, today announces that it has been signed as an Elite Index Data Partner with NASDAQ OMX, the world’s largest exchange company and global leader in creating and licensing benchmark indexes. Netik offers the full suite of data for all NASDAQ OMX indexes…
NYSE+Nasdaq … The Platform Play
So as somewhat expected, Nasdaq OMX is making a play for NYSE Euronext, pulling in IntercontinentalExchange as a partner, and offering a good premium over Deutsche Boerse’s bid. Regulatory issues – which are likely to be significant for both bids – aside, the Nasdaq/ICE bid looks credible on paper. But what does it say –…
The Left Hand Isn’t Talking to the Right
This week saw the issue of legal entity identification raised within a number of forums, but the discussions during these various events seemed to indicate a degree of disparity between European and US approaches to the space. Moreover, they also highlighted a trend I noted back in December last year that the data management community’s efforts…
UK FSA Reiterates its Commitment to Move from FRN IDs to the BIC for Transaction Reporting by End 2011
In its latest Market Watch newsletter the UK Financial Services Authority (FSA) reiterates its intention to move from its proprietary FSA Reference Numbers (FRNs) to Swift’s Bank Identifier Codes (BICs) for entity identification purposes within transaction reports, as required under MiFID. In keeping with its discussions with the industry on the subject over the last…
Broadridge Financial Solutions CEO Calls for Nationwide Effort to Increase Individual Shareholder Voting
In remarks before the National Press Club this morning, the chief executive of the nation’s largest shareholder communications company called on all CEOs to encourage individual shareholders, including employee shareholders, to vote their proxies. “In 2010, just one in 20 individual retail investors voiced their opinions about the companies they invested in by exercising their…
Tibco Releases FTL – Aims to “Dominate” in the Front Office
With the release of its low-latency FTL messaging product, Tibco Software aims to “dominate in the front office,” a space where it got started in the mid 1980s and then became ubiquitous with its TIB and Rendezvous offerings. Having since diversified into the non-financial markets with a number of enterprise information products, the company is…
Welcome Back Tibco!
No apologies for the headline. It’s not meant to suggest any favoritism towards the company, but rather to signal my delight that the low-latency messaging space is about to get even more competitive. And that’s going to drive down both latencies and the cost of messaging systems. All good stuff, methinks. But my excitement is…
Staying Alert
Omgeo is keeping a close eye on developments at Swift, but for now, the standing settlement instruction (SSI) space is one of coexistence rather than competition. Earlier this year, Swift announced that it would be launching a new SSI repository and directory but did not fully elaborate on its ambitions. For now, the network operator…
Q&A: Craig Betts of Solace Systems on Latency Beyond Algo Trading
Low latency messaging use is expanding beyond traditional algorithmic trading applications to address wider business requirements. Meanwhile, issues such as reliability, manageability and cost are becoming more visible. IntelligentTradingTechnology.com discussed low-latency messaging directions – and messaging directions in general – with Craig Betts, CEO of Solace Systems. Q: You recently announced a deal with the…