ConvergEx, CQG, NYSE/BATS, and more…

TheTRADEnews.com's weekly round-up of technology and operational news.
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ConvergEx OMS trading on Eze OMS

Australian-based investment manager, Caledonia (Private) Investments, has gone live on trading technology provider ConvergEx's order management system (OMS), the Eze OMS.

Caledonia, a privately owned investment management group with combined assets under management of approximately A$2 billion (US$2.008 billion), is using the Eze OMS to automate its investment processes including pre-and post-trade compliance monitoring, portfolio modelling, FX hedging and domestic and international electronic trading with their brokers.

The systems will allow Caledonia to automate the exchange of data between the Eze OMS and multiple third parties, including custodians and other investment systems.

Eze OMS is designed to streamline the investment cycle for all asset classes, supporting portfolio management, compliance, trading and operations in a single platform.

CQG offers JSE market data

Order execution, charting and analytics provider CQG has added South African trading venue the Johannesburg Stock Exchange (JSE) to its list of market data sources, allowing the firm's customers to access JSE market data for the first time.

Real-time and historical JSE market data, including futures and options on the FTSE/JSE Top 40 Index, SAFEX commodities and Rand cross-rates, as well as JSE equities prices, are now available via CQG Integrated Client, the company's flagship platform for electronic trading, global market data and analytics.

The JSE offers products including derivatives, futures, fixed income and cash instruments as well as equities, and currently ranks as the world's sixteenth-largest derivatives exchange.

NYSE Technologies to provide BATS data

US equities trading venue BATS Y-Exchange (BYX) is to make its depth of book data available via technology firm NYSE Technologies' SuperFeed platform, starting in February 2011.

The SuperFeed platform is a hosted service designed to provide data from major US, European and Asian markets in a single format. From February, the platform will enable access to the BATS Y depth of book in addition to a selection of global market data feeds via a unified application programming interface (API), the Middleware Agnostic Messaging API.

Occitan Capital selects Options IT technology

Newly formed London-based hedge-fund manager Occitan Capital Partners has chosen trading technology and market data provider Options IT as its technology infrastructure provider.

Established in Q4 2010 by Thomas de Garidel-Thoron and Herve Gallo, Occitan provides long/short investing across a spectrum of equity products, specifically through the cash, volatility and dividends markets.

Occitan has chosen the Options PIPE Core service, that encompasses business communication, regulatory compliance and operations management.

Interactive Data connects to Stockholm

Data 7ticks, the electronic trading wing of market data provider Interactive Data, has extended its real-time service offering, by locating a point of presence (POP) at data centre provider Interxion's Stockholm location.

The move is designed to provide low-latency connectivity and proximity hosting both to the Stockholm-based exchanges and between the London and Stockholm financial centres.

Market participants can now access a solution for their trading infrastructure by co-locating at Interxion, using Interactive Data's low-latency consolidated data feed, PlusFeed.

Interactive Data 7ticks now has a POP in both Interxion's City of London and Stockholm data centres, enabling market participants in both locations to access the Interactive Data 7ticks network.

MarketPrizm links to London

Pan-European trading infrastructure supplier MarketPrizm has deployed an access node for its trading network and infrastructure service at connectivity provider Equinix's lD4 London International Business Exchange data centre.

MarketPrizm offers market participants services including connectivity to Europe's trading venues as well as access to market data, hosting options, applications and services designed to support electronic trading. The market is underpinned by PrizmNet, the company's 10Gb per second network for high-speed access to financial markets.

The move means that MarketPrizm and its partners are now able to cross-connect to one another, reducing bandwidth costs by sharing with the global electronic trading community in the Equinix data centre campus located in Slough.

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