Linedata and NYSE Technologies offer liquidity insights
Market data provider Linedata is integrating ioinet, the liquidity discovery tool of NYSE Technologies, the commercial technology division of NYSE Euronext, into its trading platform Linedata Trader+.
NYSE Technologies’ ioinet is a liquidity analysis and discovery tool that provides aggregation and alert capabilities. Linedata Trader+ gives buy-side traders pre-trade compliance checks and execution management abilities. The integration of the two lets clients view indications of interest orders on a single screen.
The aim of the collaboration is to help users identify trading opportunities and make more informed trading decisions. Linedata Trader+ is also integrated with NYSE Technologies order routing service via Linedata Lynx electronic trading service. This allows traders to communicate with 650 sell-side firms.
“Our combined offering not only provides our mutual clients with access to the trading community, but it also benefits our clients by providing a more sophisticated outlook on liquidity, which enables the faster execution of trading opportunities in a more informed manner,” said Scott Fitzpatrick, vice president of transaction services, NYSE Technologies.
Polish broker goes international with SunGard
Polish financial institution AmerBrokers has chosen financial technology company SunGard to provide direct market access trading and connectivity to international markets.
AmerBrokers will use SunGard’s Valdi DMA trading platform and offer its services to international investors through the SunGard Global Network (SGN). The deal will help support AmerBrokers’ current brokerage activities on the Warsaw Stock Exchange and its expansion following the exchange’s launch of the NYSE Euronext UTP exchange platform later this year.
“Dynamic, growing economies like Poland offer opportunities to both domestic brokers and international investors,” said Philippe Carré, global head of connectivity for SunGard’s capital markets business. “SunGard can support their ambitions by providing DMA technology and connectivity as well as a connectivity hub in Warsaw for direct access to international market data and trading.”
AlgoSpan sets out market data services for BATS Chi-X Europe
Trading infrastructure provider AlgoSpan is providing real-time market data services to the BATS Chi-X Europe to allow users to increase the effectiveness of algorithmic trading strategies.
AlgoSpan provides at-exchange proximity hosting for the fastest access to exchange trading systems, as well as highest specification connectivity to BATS Chi-X Europe for direct market access, shortest path 10Gb inter-datacentre optical fibre infrastructure. The provider runs a network designed to remove all sources of latency.
It also provides real-time full depth of book ultra-low latency normalised and raw exchange data, data captured directly at the exchange and disseminated via multicast delivery, Radio Feed simple binary protocol for quick and stable integration into applications.
RTS launches DMA to BM&F Bovespa
Trading technology and infrastructure provider RTS Realtime Systems Group now offers direct market access connectivity for low-latency, high-frequency traders to Brazil’s BM&F Bovespa exchange.
The new connectivity comes with pre-trade risk controls that have been audited and approved by the exchange.
The connectivity is designed to help clients tap arbitrage opportunities and local financial instruments, ensuring they are mitigating operational risks and abiding by Brazilian regulatory approvals and procedures. As one of the first fully certified vendors of the exchange, RTS provides access to the exchange’s FIX-based unified market data feed and EntryPoint application programming interfaces.
“We are proud to be the first vendor with a low-latency, high-frequency pre-trade risk management system certified by the exchange,” said Timo Pentner, RTS managing director, Americas. “Customers seeking DMA 1 and DMA 2 connectivity to BM&F Bovespa can benefit from both this functionality and RTS’ robust and reliable technology.”
Ullink helps Uralsib beef up DMA services
Russian broker Uralsib has appointed trading software company Ullink to provide and manage services to improve the bank’s direct market access offering.
Uralsib will use Ullink’s fully hosted trading solutions to Russia’s MIXEX-RTS equity and derivative exchanges.
“By partnering with Ullink we now have a significantly enhanced DMA offering that will be of huge benefit to our high-frequency and algorithmic trading clients,” said Denis Svechnikov, head of direct market access at Uralsib.
IPC extends network connectivity to Turkey
Voice and electronic trading communications provider IPC Systems has expanded its financial markets network with new high speed resilient network connectivity into Turkey. The new link should allow Turkish trading firms to access the international community via Istanbul.
Together with its strategic local partner SPINTEK, a new point of presence has been built using advanced technology to allow users to access trader voice and data connectivity services. A new data centre has been established in Istanbul to support the network with high capacity to support future growth.
“The key drivers behind investment in the network in Turkey are the strong local economy and the need to support the rapidly growing Turkish financial markets,” said Richard Petrie, vice president of network operations EMEA, IPC Systems. “By working with SPINTEK to develop the network, we’re now able to offer Turkish trading firms secure high speed connections that enable them to expand their business with key international financial destinations.”