Agency-only broker EdgeTrade yesterday unveiled Covert, a tool for institutional traders who seek to capitalise on the benefits of sending electronic orders only to dark pools.
Linedata hires Gavin Little-Gill from TowerGroup to lead development of LongView Live trading platform
Solutions and services provider Linedata Services has hired Gavin Little-Gill as senior vice president in charge of product management and strategy for front office products, the firm announced yesterday.
SunGard has added an automated securities borrowing interface to its flagship securities lending playform, Global One.
UK-based brokerage firm Voltrex has launched a foreign exchange trading service for banks, corporates and retail investors.
Bank of New York-owned brokerage firm BNY ConvergEx has bought LiquidPoint, a listed options execution and trading technology firm that provides services to institutional traders, prime brokers, hedge funds, financial intermediaries and options exchanges. The price was not disclosed.
Progress Software Corporation, a supplier of application infrastructure software used to develop, deploy, integrate and manage business applications, today launched the Progress Apama FX Market Aggregation Accelerator.
Blame it on alpha but according to TABB Group in its newest research note, 'Cross-Asset Trading Systems: Controlling the Trader's Desktop', traders on both the buy-side and sell-side need trading systems
A new report published by trading communications provider BT and independent research and advisory firm Aite Group, entitled 'Trade Communication Tools: Enhancing Productivity and Collaboration Through Integration,' has found that the adoption of a unified communications approach, which encompasses the seamless use and interaction of voice, instant messaging, video, email and chat over one platform, will play a central role in the trading environment going forward.
Arcontech, a developer of real-time market data software, has announced the first independent feed handler for Chi-X, the pan-European ATS.
The Research Information Exchange Mark-up Language (RIXML) consortium has become a provisional jurisdiction of the eXtensible Business Reporting Language (XBRL) International organisation, a step approved by the steering committees for both RIXML.org and XBRL.