News

ACTIV and KVH deliver high-speed data to Japan

Low-latency data provider ACTIV Financial has teamed with Japanese network and IT infrastructure provider KVH Co to offer high-speed market data dissemination to financial institutions in Japan.

Apama upgrade simplifies, accelerates algo creation

Apama, the algorithmic trading and complex event processing division of Progress Software, has launched version 4.2 of its event processing platform, which is designed to make it easier for non-technical users to develop faster and more powerful algorithms.

ConvergEx appoints TCA expert as transition consultant

Agency broker ConvergEx has retained James Elkins, a founder of transaction cost analysis firm Elkins/McSherry, as a consultant to its plan sponsor business. Elkins will advise ConvergEx on how customised transition management strategies can be used to reduce the costs associated with portfolio restructuring.

Proprietary solutions mask sell-side performance

A lack of standards for a European consolidated price tape and best bid & offer source is impeding the ability of sell-side firms to prove best execution and evidence performance back to the buy-side.

Nomura launches US equity algos

Nomura Securities International, the US brokerage division of Japanese investment bank Nomura, has released a new set of US algorithmic trading strategies as it continues to expand its global offering.

ITG expands POSIT to Greece and Cyprus

Investment Technology Group, an agency broker and financial technology firm, has extended its POSIT non-displayed trading platform to cover equities from Greece and Cyprus.