A-Team Insight Blogs The latest content from across the platform
Options Completes Expansion of Velocity IaaS to Mahwah Data Centre
Options has completed the expansion of its Velocity infrastructure-as-a-service (IaaS) trading platform to the NYSE colocation facility in Mahwah, New Jersey. With this development, Options’ clients will not only benefit from exchange colocation to access a wide variety of dark and lit markets across the US, but also from low-latency trading strategies that could improve…
Argon Design Delivers Ultra-Low Latency Trading System to Prop Shop
Argon Design, a Cambridge, UK-based engineering design consultancy, has developed an ultra-low latency financial trading system for a proprietary trading firm doing latency arbitrage on a leading exchange in the US. The system went live in May and builds on Argon’s September 2013 introduction of high-performance trading technology that combines the benefits of field programmable…
Talking Reference Data with Andrew Delaney: Feeling the Collars of the Libor Traders
Financial institutions are bracing themselves for further regulatory clampdown on market pricing on the wake of the LIBOR and FX market manipulation scandals. As regulators draft new guidelines for benchmark data contributions, and UK Chancellor George Osborne signals increased scrutiny of the London FX market’s pricing procedures, data managers and compliance officers are assessing their…
ICE Agrees Sale of NYSE Technologies’ NYFIX and Metabit to Ullink
Intercontinental Exchange (ICE) has reached agreement to sell NYSE Technologies’ NYFIX and Metabit businesses to Ullink, just days after it confirmed agreements to sell Wombat and SuperFeed to SR Labs, and its 25% stake in Fixnetix back to the company. ICE says these sales complete its previously stated intention to divest certain non-exchange related assets…
Opinion: Piecing Together the Data Scientist Puzzle
By Dev Bhudia, Vice President, Product Management, GoldenSource Depending on whom you speak to, the definition of a data scientist seems to mean different things to different people. Some see it as a glorified number crunching role, while others believe the position requires someone more inquisitive to spot and respond to key trends. The role…
Markit IPO Marks a Milestone in Company History
Markit made its initial public offering (IPO) this week, pricing its shares at $24 and increasing the number offered by 17% to meet demand. The shares are listed on the Nasdaq Global Select Market and at the offer price value the London-based financial information services and data management company at over $4 billion. The IPO…
Talking Intelligent Trading With Andrew Delaney: Can Colt Grow Into a Cap Markets Stallion?
Colt’s creation of a dedicated capital markets team that integrates its now wholly owned MarketPrizm unit with its own hosting and connectivity offerings – announced last week – is a perhaps overdue logical next step in its acquisition of MarketPrizm, which was spun out of the former Cicada Cos. MarketPrizm became 100% owned by Colt…
Misys Pitches Sophis Value as an IBOR Solution
Misys is responding to buy-side need for an Investment Book of Record (IBOR) with its Sophis Value cross-asset, front-to-back-office investment management suite. The positioning of Sophis Value as a solution that enables firms to maintain an IBOR comes ahead of a wider product positioning and rebranding campaign that is expected to improve the alignment of…
Exegy Sets out Development Plans for Hardware Accelerated Appliances
Exegy, a provider of hardware accelerated appliances, has detailed product developments it will release later this year including a faster, feature-rich Java applications programming interface (API), improved integration of the company’s managed services infrastructure with Thomson Reuters’ Data Access Control System (DACS), and a fourth generation of the Exegy platform. These additions follow the release…
ICE Starts Break-Up of NYSE Technologies with Sale of Fixnetix Stake, Wombat and SuperFeed
Intercontinental Exchange (ICE) has started to break up NYSE Technologies and sell some of its business units following the acquisition of the technology business and its parent NSYE Euronext in November 2013. The first sale was made last month, when ICE sold the 25% holding in London-based Fixnetix that NYSE Technologies acquired in February 2012…