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The Season for (Social) Networking?
Social networking websites have proved to be the journalist’s stock barometer this year in terms of measuring industry or consumer appetite for anything from the taste of Marmite to political opinion. The creation of a Facebook group in opposition to a certain political decision, or for that matter, celebrity happening, is taken as a straw…
Nomura Launches Collocation Facility Using Colt’s Network Infrastructure
Nomura has selected Colt to provide network infrastructure for its new European connectivity and collocation service. The Nomura initiative comes as the Japanese firm seeks to build on the strong European equities position of Lehman Brothers, whose European and Asian operations it took over a year ago. Nomura calls its new infrastructure a “next-generation ultra-low-latency…
Q&A: RTI Introduces Wide Area Routing Service; Scaling To Hundreds of Thousands of Applications
Real-Time Innovations (RTI) is best known for its messaging middleware, which is deployed in support of low-latency applications such as algorithmic trading, within trading firms. Recently, RTI introduced the RTI Routing Service, which can be used to bridge applications and networks running in different locations – up to tens or hundreds of thousands of applications….
ECB’s Reference Data Utility Plans Not Practical Enough, Say RDR Readers
It seems that the majority of Reference Data Review readers out there remain sceptical of the European Central Bank’s (ECB) proposed reference data utility. According to the results of out October reader poll, 43% of you do not think the proposals are practical enough to warrant being considered a desirable concept for the market. The…
Riskart Announces Release of New OTC Derivatives Publishing Mechanism
Following the announcement of the decision from the Committee of European Securities Regulators (CESR) to back European Commission plans to compel transaction reporting on OTC derivatives, Riskart today announced the release in beta test of its new XML-based publishing module. This will allow the publication in XML in compliance with FpML standards from its OTC…
UK FSA Confirms Data Format of Reports for Derivatives on Regulated Markets
The deadlines may have slipped but the UK Financial Services Authority (FSA) has released more details surrounding the formats required for its new Alternative Instrument Identifier (AII) transaction reporting regime. The regulator last week released a new document aimed at confirming the way in which transactions in reportable securities derivatives admitted to trading on a…
Call to Action from WFIC – Swifter, Higher, Stronger
The task now facing market data practitioners is to innovate in order to generate an essential renewal of the financial markets, according to Jon Robson, president, Enterprise at Thomson Reuters, who set the tone for the rest of the bi-annual World Financial Information Conference (WFIC) in his opening keynote speech. Relating the conference to the…
It’s Getting Better …
… Getting better all the time. That’s my assessment of the economy as far as spending on IT by Wall Street is concerned. Sorry, having just picked up the remastered Beatles classic Sgt. Pepper’s Lonely Hearts Club Band, I couldn’t resist tapping Lennon/McCartney’s track 4 title for this blog post. I’ll offer just a couple…
B-next Extends Data Reach with Interactive Data Agreement, Extends Ambitions to UK
Compliance and regulatory reporting platform vendor b-next has recently signed an agreement with Interactive Data under which the data vendor will provide global pricing and reference data to feed b-next’s MACOC software solutions. The deal is part of the German vendor’s ambitions to crack the UK market and should help it in the effort to…
Another Delay to UK FSA’s AII Deadline for Derivative Transaction Reporting
The UK Financial Services Authority (FSA) has just announced yet another delay to the go live date for transaction reporting using the Alternative Instrument Identifier (AII). The deadline was delayed from November 2008 to the first quarter of 2009, then another announcement in February this year delayed the deadline by which approved reporting mechanisms (ARMs)…