TMX Atrium extends Moscow access offering
Trading infrastructure firm TMX Atrium has expanded its low-latency offering to Moscow from Frankfurt and London.
Firms in Frankfurt can now access the M1 hub in Moscow through a connection which will also act as a back-up link to Moscow for London-based firms. TMX Atrium has also upgraded low-latency connectivity along its London-Stockholm-Amsterdam-Moscow link.
From London’s INX hub, Moscow’s M1 hub can now be reached in 40 milliseconds over the link.
“This latest refinement is part of our on-going commitment to enabling multi-asset and multi-region trading for our growing customer base,” said Emmanuel Carjat, managing director, TMX Atrium.
Orc expands broker connectivity reach
Financial technology provider Orc has extended its Orc Access solutions for UBS Securities to improve low-latency access on Asia-Pacific exchanges and links to other venues.
The extended offering means UBS clients can now use Orc’s low-latency infrastructure to trade on CME and Eurex via Asia-Pacific trading hubs.
“Our sophisticated and powerful trading and connectivity solutions coupled with the market coverage and multi-asset execution expertise of UBS makes this a compelling offering to the trading community,” said Peter McPhee, vice president, sales, Asia-Pacific for Orc.
ConvergEx extends RealTick broker network
Trading technology firm ConvergEx has revealed that in 2012 it added 97 broker-dealers to the global broker network of its RealTick solutions suite.
The extension nearly doubled the number of brokers brought on board in 2011 and will further streamline execution capabilities on the multi-asset trading platform.
“The continued growth of our global broker-dealer network means broad access to diverse liquidity sources for all of our customers,” said Ian Mawdsley, head of international business development for ConvergEx’s RealTick.
Phillip Futures and Trading Technologies team up for derivatives solution
The Chicago-based clearing arm of Singapore’s Phillip Capital will team up with derivatives trading software provider Trading Technologies to offer high-speed derivatives execution solutions to Phillip Futures’ US clients.
The initiative coincides with the launch of Phillip Futures’ US-based trading network, offering co-location access to CME Group’s data centre and providing its customers with low-latency access to markets on the CME Globex platform. Trading Technologies supports trading on these markets for products including interest rate, equity index, FX, agricultural instruments.
Trading Technologies’ X_Trader platform will be integrated with Phillip Futures’ back-office applications to provide a full-service derivatives trading solution.
Live Squawk Twitter monitor speeds up news dissemination
Media monitoring service for traders, Live Squawk, has championed the monitoring of social media website Twitter, which it claims can break news faster than established news services.
The service broke the news that Moody’s had downgraded France’s credit rating from Aaa to Aa1 at the end of 2012 after seeing a post on Twitter, getting the news out 17 minutes before newswires.
Live Squawk monitors breaking news and broadcasts it via an audio service for individual and professional traders from London and Singapore. It analyses newswires, websites, blogs and social media platforms.