Algorithmic and Automated Trading News

July 8th, 2008 - STTP Delivers Electronic Trading Service that Sources Liquidity from CNCE’s Internal Pricing Engines and Distributes Liquidity to 17 Caisses d’Epargne

July 8th, 2008 - Fidessa LatentZero announces that it has incorporated direct access to Sanford C. Bernstein’s algorithms into its standalone EMS Workstation

July 8th, 2008 - Weeden & Co. and Pragma Financial Systems, LLC, announce the release of OnePipe Lifeguard™

July 7th, 2008 - SGAM Alternative Investments selects QuantFACTORY, the QUANTHOUSE trading strategies development framework to develop, backtest and execute trading models

July 4th, 2008 - Chi-X® Europe Limited, has published its trading statistics for the second quarter of 2008.

July 4th, 2008 - BATS Trading Inc. announces that Knight Link has been added as a destination for BATS’ Dark Scan.

July 4th, 2008 - The Australian Securities Exchange (ASX) has announced a new co-location hosting service for its market participants and their customers that will facilitate direct market access (DMA) and algorithmic trading strategies, as well as minimise overall latency.

July 3rd, 2008 - Orbitz Worldwide announces the release of two new open source projects

July 2nd, 2008: Landsbanki Kepler, a European investment bank operating in seven countries, has been working closely with GL TRADE, global provider of multi-asset trading software solutions for international financial institutions, to implement the bank’s strategy for trading in the post-MiFID European equity market environment.

July 2nd, 2008 - Onix Solutions has announced that Pipeline Trading Systems has commenced the roll out of both FIX trading and FAST marketdata suppost in conjunction with Onix Solutions

July 2nd, 2008 - TraderTools to Introduce Smart Trade Solution for Liquidity Aggregation and Smart Order Routing to its Global FX Client Base.

July 2nd, 2008: FxSpyder LLC has announced that it has completed tests of the program interface that allows retail foreign exchange (forex) traders the means to trade currencies with a variety of forex dealers using its independent API driven trading platform.

July 1st, 2008: Liquidity management in the FX market can only be met with adaptive complex-event processing (CEP) technologies designed specifically for trading. This is according to Ali Pichvai, CEO of Quod Financial, the leading provider of advanced execution technology for the global capital markets.

July 1st, 2008: PFG BEST Direct ProTrader – with sophisticated automation and premium modules – is already a leading platform on the market for trading futures. Recently, it has been upgraded so it can now trade options and forex as well. For a limited time, PFGBEST.com is offering BEST Direct ProTrader free.

July 1st, 2008: Sun Microsystems, Inc. (Nasdaq:JAVA) has announced new benchmark performance results for Thomson Reuters market data platform. The new benchmark demonstrates that running the platform, known as Reuters Market Data System 6.0.3 (RMDS), on Sun technology not only provides the best throughput performance to date by breaking the million-messages-per second barrier, but also the lowest available network latency on a 1Gb Ethernet.