Automated Trader Updates
First Published 5th July 2012
Q3 Automated Trader out soon, Algo survey offer, NYSE Euronext & TradingScreen partner, ISE to open 2nd exchange, Eurex expands index derivatives, Oslo Bors cuts hours, Numerix expands in APAC, Equinix buys ancotel, Pekao selects SunGard's Valdi, Interactive Data provides data to QUICK Corp, Renaissance Capital live on Calypso, appointments at Otkritie, GETCO, Openlink & NYSE Euronext, AT video with Mathworks
The Q3 print edition of Automated Trader is almost ready. If you don't have a subscription and would like to get it hot off the press together with full access to our archived content and all of the extended online articles, click here. But before you do...
...if you've not yet got your hands on a copy of the Automated Trader Algorithmic Trading Survey Report you could take advantage of a reduction in the price: currently £395 (usual price £795), which includes a 12-month subscription to Automated Trader Magazine (or an extension to an existing subscription).
The 95-page report provides statistics and analysis on, amongst other things... what, where and how people are trading, the types of algorithms they're using, how they're modelling and the data they're using. The report has been described as "the most comprehensive analysis of global trading practices currently available". Click HERE to get your copy.
Industry developments
NYSE Euronext and TradingScreen have partnered to provide institutional investors with access to some corporate bond markets. Also, on the exchange front: the International Securities Exchange plans to open a second options exchange by the end of 2012, pending approval from the Securities and Exchange Commission; Eurex expanded its European index derivatives segment; and Oslo Bors is cutting trading hours by one hour for a six-month trial period.
Numerix boosted its Asia-Pacific presence with a new office in Taipei; Equinix completed its acquisition of ancotel GmbH, a Colocation services provider; and UniCredit Group's Polish banking arm Bank Pekao S.A. selected SunGard's Valdi trading suite for connectivity with the Warsaw Stock Exchange.
Products and services
b-next is developing technology to provide market surveillance via social channels as part of the EU-Project FIRST consortium, which launched a prototype that analyses sentiment from social media networks in near real-time; Corvil announced a Certified Latency Management Engineer programme; Interactive Data is now providing fixed income data to Japan's QUICK Corp, with about 500,000 bond terms and conditions as well as pricing information; and Renaissance Capital went live on Calypso.
People in the news
Some high-profile departures this week: Bob Diamond, the embattled CEO of Barclays and COO, Jerry del Missier, both resigned as the Libor scandal intensified. Before those announcements, Chairman Marcus Aegis had already resigned.
More upbeat news from Otkritie, which expanded its investment banking team; John Ross was appointed CTO for GETCO; Openlink began a search for a new CEO; and Patrick Birley joined the NYSE Euronext clearing team.
Videos
Automated Trader Editor Adam Cox talked to the people at MathWorks about the challenges and opportunities when putting automation software into production.






