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<title>Automated Trader RTS, RSS feed results</title>
<link>http://automatedtrader.net</link>
<description>
Automated Trader delivers immediate in-depth coverage of automated and algorithmic trading across all asset classes. Our global resource base utilises both online and print media to support market participants from both a business and a technological perspective. Give yourself an edge. Subscribe today.

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<language>en-uk</language>
<copyright>Copyright 2009 Algorithmic Media ltd</copyright>
<pubDate>Fri,  9 Jan 2009 18:08:39 -0600</pubDate>
 <item>
<title><![CDATA[Tech Forum: The OMS - Moving On, Moving Up]]></title> 
<link>http://automatedtrader.net/automated-trader-technology-forum-25.xhtm</link>
         
     <description><![CDATA[One type of trading technology that has been much affected by the growth in algorithmic
trading is the OMS. AT talks to five leading OMS vendors to find out how changes in the
market are affecting their businesses and how they are dealing with those changes.

With:
- Eric Bernstein, head of sales for North America at Linedata
- Richard Hooke, global product director at Latent Zero
- Michael Roberts, director of European operations at ITG Solutions Network
- Stephen Engdahl, Director of Product Management at Charles River Development
- David Csiki, managing director at INDATA]]></description> 
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<title><![CDATA[Instinet Launches Enhanced Algorithmic Trading Suite]]></title> 
<link>http://automatedtrader.net/algo-trading-news-1225.xhtm</link>
         
     <description><![CDATA[April 14th 2008 - Instinet, announced the launch of the Instinet Execution Experts, an enhanced suite of algorithms that incorporates best-of-breed components of Instinet’s previous algorithmic offering with Nomura’s former U.S. strategies.]]></description> 
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<title><![CDATA[TradeTech Middle East: Fantastic Food]]></title> 
<link>http://automatedtrader.net/announcements-1446.xhtm</link>
         
     <description><![CDATA[<h2>11.25am Dubai time: our US Director of Operations is rather keen on his creature comforts, so unsurprisingly one of the first things he has done is send us his views on the catering.<br />
</h2>
]]></description> 
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<title><![CDATA[September Canadian Housing Starts Remain Strong: CMHC]]></title> 
<link>http://automatedtrader.net/real-time-news-2052.xhtm</link>
         
     <description><![CDATA[September Canadian Housing Starts, released by the Canada Mortgage and Housing Corporation unexpectedly gained slightly edging up to 217.6k from a revised 217.4k prior (previously reported 211k) defying the consensus estimate of a slight decline to 209k.
The increase was led by multiple family units.
 &acirc;€śHousing starts remained at a high level in September, with construction activity again staying above the 200,000 unit threshold.&acirc;€ť said Bob Dugan, Chief Economist at CMHC&acirc;€™s Market Analysis Centre. &acirc;€śHigher starts of multiple family homes were behind the rise in new home construction activity in September.&acirc;€ť
Urban multiples rose in September by 5.5% to 122,500 units, while Urban single starts fell 8.1% to 70,000 units in September compared to August.
September&acirc;€™s annual rate of urban starts went up or remained unchanged in all regions of Canada, except Ontario, where housing starts decreased by 6.6% to 80,900 units. 
For the first nine months of 2008, actual starts in rural and urban areas combined were down an estimated 5.7 %, compared to the same period last year. 
Y-o-y actual starts in urban areas have fallen by about 0.8%. 
]]></description> 
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<title><![CDATA[FX Update: Cable Rallies]]></title> 
<link>http://automatedtrader.net/real-time-news-2296.xhtm</link>
         
     <description><![CDATA[Cable consolidated ahead of 1.6900 after it recorded 1.6802 overnight lows. Sterling was hit hard in the Asian session as the market continued to concern over the health of UK bank balance sheets and the subsequent impact on the real economy. Adding to the negative tone was news that as much as GBP 20 bln could belong to British savers exposed to Iceland. 

According to reports, European and UK banks are more leveraged than their US counterparts. Elsewhere, EUR/GBP retraced some of its early macro account led gains, with the cross now at 0.8025-30 from 0.8069 session highs.]]></description> 
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<title><![CDATA[AUGUST TRADE DEFICIT $59.1 BLN, AS IMPORTS FALL FASTER THAN EXPORTS]]></title> 
<link>http://automatedtrader.net/real-time-news-2327.xhtm</link>
         
     <description><![CDATA[The trade deficit was  $59.1 billion in August, in line with analysts expectations and an improvement from the revised July deficit of $61.3 billion.  The August  trade deficit  shrank as imports fell faster than exports.  Exports declined 2% in August as goods exports declined 2.6% and service exports fell 0.4%. That was the largest percentage decline in exports since June 2004.  Imports fell even more, down 2.4%,  on a 3.3% decline in goods imports and a 2.4% increase in services imports.

Goods exports declined by over $3 billion in August, the largest dollar decline since 2001. More than half of the lost exports were in the auto sector, down $1.7 billion from July. But consumer goods were down $800 million as almost every consumer category showed declining exports, gold exports declined $900 million and petroleum exports declined $500 million.  Civilian aircraft exports continued strong, adding $1.3 billion to exports. The Boeing strike did not begin until September and is not reflected in these numbers.  Other export gains were in drilling equipment, aircraft engines and chemicals and fuel oil. 

The large decline in goods imports was all from oil, non-petroleum imports continued to increase by 0.9% but oil imports declined 14% as prices fell 3.7% to $119.99 per barrel and the number of barrels imported fell almost 10%.   The weakening economic picture reduced imports of motor vehicles by $1.2 billion and other capital equipment by $800 million.  However, consumer goods imports climbed $2.3 billion as pharmaceutical and cotton household goods imports rose. The rise services imports was largely due to a jump in payments of royalties and license fees to foreigners. 

In real terms goods exports fell 0.2% in August, its first decline since March. However, the July and August exports on average are still 4.5% higher than the Q2 number which should add some support to Q3 GDP.  Real goods imports averaged over July and August show only a modest 0.4% increase. Thus,  net exports should make a positive contribution to Q3 GDP growth, one of the few bright spots  that can be expected. 


]]></description> 
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<title><![CDATA[US Opening Comments]]></title> 
<link>http://automatedtrader.net/real-time-news-2595.xhtm</link>
         
     <description><![CDATA[US equities are maintaining momentum from y/day&acirc;€™s 900-point rally and surges in Asian and European indices overnight, after news broke that the US government plans to buy stakes in 9 banks to shore up confidence in the financial system. According to reports, those banks are:

* Goldman
* Morgan Stanley
* JPMorgan
* Bank of America 
* Merrill Lynch (soon to be part of BoA)
* Citi
* Wells Fargo
* Bank of New York
* State Street

The $250bln partial nationalization initiative is expected to be announced at 8:30am EDT, at a Treasury press conference that will include Paulson, Bernanke, the FDIC&acirc;€™s Sheila Bair, the SEC&acirc;€™s Chris Cox, and several other regulators.

Meanwhile, Dow futures are up over 200 points this morning. S&amp;Ps are up 30 handles and Nasdaq futures are up 31. Treasuries are flat to slightly higher, with the 30yr unchanged but the 10yr up 6 ticks.

The day&acirc;€™s top story has seen the dollar pummeled, with EUR/USD and Cable adding over 1% and USD/CHF down 0.7%. USD/JPY is bucking the trend, up 0.8% this morning.

The energy complex is trading higher, with Crude up nearly 4% to $84.37/bbl and Unleaded up 3.5%. Gold is up about $6 to $848/oz.

Today&acirc;€™s light calendar includes Johnson Redbook at 8:55am and the September Treasury Budget at 2:00pm EDT, expected to show a $45bln surplus compared to a $112.9bln surplus reported last September.]]></description> 
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<title><![CDATA[Preview: August Canadian Manufacturing Shipments]]></title> 
<link>http://automatedtrader.net/real-time-news-2794.xhtm</link>
         
     <description><![CDATA[Tomorrow morning at 8:30 am EDT, Statistics Canada will release the Monthly Survey of Manufacturing for August.
Shipments are expected to contract 0.8% following a surprising 2.7% increase in July led by metals.  The contraction is expected following the 1.6% drop in Exports reported last week.  Both Manufacturing and Exports have been fairly volatile this year as a result of energy and commodity prices, but the August Exports report showed a significant drop in export volumes to the US suggesting that sales have slowed and the inventory to sales ratio may be up in August after recording 1.24 in July, its lowest level since January 1995.  
Historically Canadian manufacturing sales track exports, the 2 moving in the same direction 10 out of 12 times in 2007 and 2006.
]]></description> 
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<title><![CDATA[FX Update- EUR/USD ]]></title> 
<link>http://automatedtrader.net/real-time-news-2848.xhtm</link>
         
     <description><![CDATA[EUR/USD slipped to N.Y. session lows of 1.3380, where once again sovereign bids returned. In addition,dealers noted London names covering shorts, while a U.S. account was reportedly buying on behalf of an option player. The pairing remains in sell the rally mode however, and upside is seen limited to 1.3460 for now. ]]></description> 
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<title><![CDATA[FX Update- USD/CAD ]]></title> 
<link>http://automatedtrader.net/real-time-news-3772.xhtm</link>
         
     <description><![CDATA[USD/CAD continues to rally, more that unwinding overnight losses, and peaking at 1.1940 so far. Rumored buying from an insurance name to the tune of $2-$3 bln has been rumored, which reportedly has been good for about 150 points of USD-CAD gains. The interest has squeezed out shorts, which were initiated following China&#039;s announcement of its huge stimulus plan,where the thinking was commodities would get a major boost from the news. Trade remains very choppy however, and will likely become more order driven, as speculative traders largely stand aside. ]]></description> 
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