Market data Archive

January 30, 2007

Standard & Poor's forms complex securities valuation alliance with Lombard Risk

Standard & Poor's Securities Services and IVRS, a subsidiary of Lombard Risk Management, have reached an agreement by which each party's clients will have access to a broader range of independent valuations for hard-to-value, illiquid and complex financial instruments. read more>

January 30, 2007

Chi-X latency measured to be 10 milliseconds by TransactTools

Instinet Chi-X, the first pan-European equity alternative trading system (ATS), or multi-lateral trading facility (MTF), as it will be known once MiFID goes into effect in November, yesterday announced that its roundtrip latency has been measured at 10 milliseconds - or 1/100th of a second — after a series of latency and throughput tests performed by TransactTools. read more>

January 29, 2007

Tenfore adds Indian stock exchanges to data distribution platform

Market data provider Tenfore Systems Ltd has added the National Stock Exchange of India and the Bombay Stock Exchange to its real-time data feed. The company says this is the first step in a major strategic project to enhance its Asian content and globalise its market data offering. As part of this initial phase, the company has also extended its contract with BT Radianz to provide exchange connectivity across all of Asia-Pacific and is utilising Radianz Proximity Solution to launch a new ticker plant in Tokyo. read more>

January 29, 2007

FT Interactive speeds up delivery of syndicated bank loan valuations

FT Interactive Dathas enhanced its bank loan pricing service. Access to independent valuations of syndicated bank loans will now be accompanied by automated delivery of refinancing, termination and substantial amendments to loans, as well as the effective date of the change. FT Interactive says that, due to the massive volume of loans in the marketplace, estimated to have reached $3.5 trillion in 2005, it can be challenging for firms to efficiently keep track of these events. read more>

January 29, 2007

SGX buys new data feed technology from OMX and Cicada

OMX and Singapore Exchange Limited (SGX) have signed an agreement to develop a new data feed system designed to enhance SGX's data dissemination services to market participants. The new data feed system is designed to enrich and package price data from multiple sources. With this system, SGX intends to be able to enable brokers and data vendors to provide comprehensive data to their customers. read more>

January 29, 2007

Yipes and Nasdaq to offer market data access and trading through Yipes' Innovative FinancialConnect! Platform

Yipes Enterprise Services, a provider of managed, end-to-end ethernet solutions for enterprise customers, today announced an agreement to offer market data access and trading capabilities through the Yipes FinancialConnect! platform, making the Yipes network the first ethernet-based extranet used by the exchange. read more>

January 24, 2007

Wombat acquires Harco and promises clients enhanced market data management

Direct market data feed specialists Wombat Financial Software has acquired Harco Technology Ltd., a market data usage reporting and compliance technology firm. The price was not disclosed. The acquisition of Harco, which services over 70 trading floors worldwide with its Data Access and Reporting Tool (DART), is intended to enhance the Wombat offering by combing Harco’s reporting product line with the Wombat Entitlements System. read more>

January 24, 2007

FT Interactive to distribute amendments to terms of syndicated loans as well as prices

FT Interactive Data has made improvements to its syndicated bank loan pricing service. Users will now get terms of refinancing, termination and substantial amendments to loans, as well as the effective date of the change. read more>

January 19, 2007

lastminute.com technology adviser Niall Dalton joins market data specialists Kx Systems

Kx Systems, which provides analytics on streaming and historical price data, says that Niall Dalton has joined the company as Chief Solutions Architect. The position of Chief Solutions Architect was created for Dalton, an expert in developing scalable parallel and distributed solutions. He will advise Kx prospects and customers before and after the sale on the IT architecture best suited to their performance requirements. read more>

January 19, 2007

SIFMA challenges SEC on prices charged by stock exchanges for market data

The New York-based Securities Industry and Financial Markets Association (SIFMA) has urged the Securities and Exchange Commission (SEC) to implement a moratorium on market data rule filings for American stock exchanges until the regulatory is able to address what the organization calls "the fundamental legal and policy issues created by for-profit exchanges." read more>