Tech and data
SmartTrade bows OTC pricing tool
French trading systems vendor SmartTrade will this week announce a new component to its liquidity management system for dealers to distribute customised prices on over-the-counter instruments to clients.
Glory Sky sees potential with GFI Fenics
NEW YORK & HONG KONG - Glory Sky Group, a Hong Kong brokerage house, has chosen GFI Fenics’ Professional to help manage its FX and commodities derivatives business.
Briefs 17.5.10
Read this week's Briefs section to catch up on technology news.
FXall adds trade analytics
NEW YORK – Investment Technology Group (ITG) launched a transaction cost analysis service in co-operation with trading platform FXall, last week.
Progress releases single-bank portal FX adapter
NEW YORK - Complex event processing (CEP) platform vendor Progress Apama has introduced a suite of single-bank portal adapters for its Apama Capital Markets Framework, which are available today (May 3).
TXC live with Tokyo co-location facility
TOKYO – Trading Cross Connect (TXC) went live with its Tokyo co-location facility on April 15, using a network and data centre solution from Tokyo-headquartered KVH.
FX technology arms race: the battle for market share
Seismic shifts in the foreign exchange industry as a result of the credit crisis has opened up the competitive playing field to rivals willing to invest in technology.
FXall to release pre- and post-trade data analytics
NEW YORK - Foreign exchange electronic communications network (ECN) operator FXall plans to introduce a set of pre- and post-trade analytics based on the trading trends officials observe within the firm’s trading platforms.
CME speeds up product identification
CHICAGO – CME Group will release version 2.0 of its Fix/Fast market data messaging format in June, which aims to make it easier for user firms’ data and trading systems to identify updates for specific traded products among messages distributed by the…
Icap extends market data deal with Quick in Japan
Japanese market data vendor Quick has extended its partnership with interdealer broker Icap to include redistribution rights for the Icap Fix data service, which was launched at the end of last year to meet demand driven by growing regulatory and risk…
Data availability lags behind market growth
TORONTO - Limitations on the availability of market data is one of the biggest challenges to growing buy-side volumes, said speakers at the FX Invest North America congress in Toronto last Tuesday (April 13).
Calypso signs Record Currency Management
LONDON - Currency specialist Record Currency Management will go live with middle- and back-office systems from Calypso in the third quarter, following a nine-month implementation process, the vendor announced today (April 12).
29West upgrades Gateway
CHICAGO – Messaging technology provider 29West, which was recently acquired by California-based integration software vendor Informatica, is planning to release a new version of its Gateway message-routing product to early adopters this quarter, which…
Atrium deploys forex fibre network
As part of an ongoing project, network provider Atrium Networks plans to finish the deployment of a network dedicated to foreign exchange connectivity by the end of the year, according to vendor officials.
Integral debuts trust bank allocation module
Vendor capitalises on regulatory changes in Japan
Bloomberg launches correlation-weighted currency indexes
Vendor releases alternative to trade-weighted currency indexes
Kaazing sets sights on EMEA
Kaazing branches out in Europe, the Middle East and Africa