The Gateway to Algorithmic and Automated Trading

Automated Trader Updates

First Published 26th February 2010

Atrium & BATS announced Multicast PITCH, Fixnetix offered access to Burgundy,Turquoise & EuroCCP accessed Eastern Europe, QUICKFX launched, ICAP chose Tervela's TMX, Hibernia Atlantic's GFN joined Switch & Data's GeoReach Program, Interactive Data 7ticks expanded, Goldman Sachs invested in Tora, Fidelity introduced iPhone App. Integral announced FX Inside Alpha, Progress and SRL teamed up, Hirander Misra resigned from Chi-X, Knight, Citi India & Australian Instinet hired new teams

Atrium Network and BATS announced Multicast PITCH data feed, Fixnetix offered direct market data feed and trading access to Burgundy, and Turquoise and EuroCCP introduced trading and clearing services for Hungary and the Czech Republic.

In Japan QUICK and FXall launched QUICKFX, a new FX Trading Platform, ACTIV Financial exposed technology behind TSE Arrowhead, and in Europe, Euroclear is to reduce its trade netting tariff from1st March, a move welcomed by the LSE which estimated a £10m saving as a result.

ICAP selected Tervela's TMX for ICAP Electronic Broking, Hibernia Atlantic's GFN platform became part of Switch and Data's GeoReach Program and CFN Services announced the completion of metro Toronto, NY/NJ and London execution venue connectivity.

Interactive Data expanded its ultra-low latency trading network Interactive Data 7ticks to the East Coast, Tora Holdings announced that The Goldman Sachs Group has made a minority investment in the company, and Fidelity brought us news of an iPhone App for brokers. Integral announced FX Inside Alpha, an on demand solution, whilst Progress and SRL teamed up to produce 'Broker in a box' and 'Hedge fund in a box', click here for more details.

Surprise news this week as Hirander Misra resigned from Chi-X, however recruitment was also very much to the fore as Knight Capital Group hired a new sales and trading team to broaden its options capabilities, Citi India expanded its sales and equities team with over 25 new appointments, and in Australia Instinet announced additions to its new Sydney office.

The industry jobs market is certainly volatile at present and this is reflected in our own jobs page here at Automated Trader, the following is a small sample of what's on offer:

RTS are recruiting for Developers in: Singapore, Chicago and Frankfurt

Quants required in New York, London and Singapore

Exotic Equity Derivatives Trader in Hong Kong

And more exotics: Index Exotics Trader, Equity Derivatives in London

And perhaps a little less exotic: Senior Carbon Emissions Sales Trader/Broker in London.

There are many many more, please visit the jobs page where you can also post vacancies.