Orc Software adds more markets to DMA functionality

Stockholm-based trading technology vendor Orc Software has released new versions of its Orc Trader and Orc Liquidator applications. Orc says releases 6.1 include new volatility API and models, new market connections, transaction analytics and reporting, and click trading enhancements, as well as further improvements designed to facilitate Direct Market Access (DMA).

London Stock Exchange raises dividend to fend off Nasdaq bid

The London Stock Exchange (LSE) is to raise its dividend by 50 per cent on last year, as it continues to fight off a takeover bid from Nasdaq. The LSE board yesterday dismissed the Nasdaq bid as "wholly inadequate" and as "substantially" undervaluing the Exchange by ignoring its strong strategic position, earnings a

Currenex buys TradePVR FIX engine

Self-styled foreign exchange aggregator Currenex has bought the TradePVR network appliance application for FIX connectivity monitoring and archiving. The TradePVR solution aims to provide instant recall and searching of all recorded FIX sessions, measures response times on all requests and provides high-level summaries and charting.

Ipreo acquires fixed income network provider marketpipe

Marketpipe Limited, which operates a new issue network in the fixed income markets and also licenses its products to banks, has been sold to Ipreo LLC. Marketpipe was formed in 2000 and currently has 19 investment banking clients serviced by 30 employees from its London office. With the acquisition of Marketpipe, Ip