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Pennies from Heaven?

As the SEC�s six-month penny pilot scheme draws to a close in the US options market, Chris Hall reports on the initial impact on different market segments and asks whether decimalisation will open up the market for higher levels of automated and algorithmic trading.

InfoDyne Deploys ARCA�s New FAST Multicast into Production at Multiple Customers

January 31st 2008 � InfoDyne Corporation has announced that multiple customers have deployed into production its solution for the new ArcaBook Multicast for Equities full depth Orderbook feed from NYSE Euronext. The new FAST version replaces the existing TCP/IP based datafeed.

Xstrata Copper chooses Brady for global risk management

April 8th 2008 - Brady plc (BRY.L), announced today that Xstrata Copper has selected Brady to support the organisation's global risk management operations of both refined metals and concentrates for their Dubai operations.

Q3 Profits High for Cameco

Cameco Q3 profit exceed analystâ�� estimates in result of electricity sales and lower taxes in uranium prices. Profits excluding one-time items were 41 cents/share which exceeded the 39-cent average estimate of 14 analysts surveyed by Bloomberg. Sales rose by 7% to C$729mln. Cameco who owns 32% of Bruce Power nuclear power operation lowered 2008 uranium forecast by 9.7% due to operational problems. In the TSX Cameco fell 5.8%, by C$1.14 to C$18.60. This reflects a 53% share decline for this year. Bruce Power earnings rose 42% to C$61mln with income expense of C$2mln. Camecoâ��s uranium revenue fell 3.2% as its average selling price for nuclear-reactor fuel fell 28% to $37.8/pound a year earlier. Q3 production of uranium for Cameco fell 36% to 2.7mln pounds. Companyâ��s output set to double by 2016 as Cameco is investing uranium exploration and development in Africa, Australia and Northern Canada. Q3 net income rose 39cents/share by 48% to C$135mln due to not repeating costs from a 2007 agreement with Kyrgyz Republic.

Connotate generates proprietary data sets for Angora options traders

November 14th, 2008 - Angora Solutions selects Connotate to automate the collection and delivery of unique data elements from the Web