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Progress Software launches Apama EventStore
FREE ARTICLEProgress Software Corporation today announced the launch of Progress? Apama? EventStore?. Apama EventStore is a real-time event data store and replay facility that enables the backtesting of algorithmic trading strategies on historical data. Apama EventSt read this
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AT Round Table: Multi Asset Algo
FREE ARTICLEMulti asset execution algorithms have been touted as the next “big thing”. AT asked four major sellside providers for their viewpoint. With: - Tim Wildenberg, Head of Direct Execution Services Europe, UBS - Jeff Wecker, CEO of Townsend Analytics, read this
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Leader: Fast Forward into the Multi Asset Future?
FREE ARTICLEA new evolution of synthetic trading is starting to generate interest – multi asset class algorithmic trading. If there is a need to spread trading activity across a wider asset base, why not let the machine help finesse some of the component trades? Davi read this
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Technology Workshop: Algo Integration – Can FIX Fix It?
FREE ARTICLEThe FIX Protocol’s provision of a broad set of commonly accepted standards has radically simplified and reduced the cost of financial messaging in capital markets. A relatively recent innovation within FIX has been the work of the Algorithmic Trading W read this
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Tech Forum: The OMS - Moving On, Moving Up
FREE ARTICLEOne 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 cha read this
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My Machine: The AT Interview - Amplitude Capital: Precision Automation
FREE ARTICLEAutomation, both in terms of trading and back office processes, is an intrinsic part of Amplitude Capital’s day to day operation. AT talks to two of Amplitude’s principals, CEO Karsten Schroeder and CFO John Harrison about the firm’s technology, met read this
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Tabb Group publishes new research on automated algorithms
FREE ARTICLETabb Group has released a new report by analyst Adam Sussman that highlights probable new developments in algorithmic trading. Sussman?s view is that as trading-oriented algorithms begin to automate more of the execution process, more inefficiency will be read this
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Leader: The Price of Principal
FREE ARTICLECertainty comes at a premium in financial markets and especially where a capital commitment is required. But just how big should that premium be for principal quotes and what are the alternatives? Dr Paul Lynch managing partner of algorithmic tradin read this
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AT Round Table: Algorithmic Trading - Creating real value for the buyside
FREE ARTICLEAs algorithmic trading continues to mature, the buyside is becoming more demanding. Providers are now being judged on a more holistic basis than in the past, with an emphasis on their overall ability to add value. AT talks to five prominent sellside read this
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Tech Forum: Data - The Exploding Supernova
FREE ARTICLEWith: - Mark Palmer, general manager and vice president of Apama Products, a division of Progress Software - Dr John Bates, founder and vice president of Apama Products, a division of Progress Software - John Coulter, vice president of marketing and read this
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Nyfix establishes algorithmic trading solutions group
FREE ARTICLENYFIX Transaction Services has announced the introduction of NYFIX EXecution & Algorithmic Solutions, or NEXAS, to brand, package and expand the firm's algorithmic trading offerings. NYFIX algorithms are in use today at more than 60 brok read this
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Aleri Labs and Attunity Partner to Extend Streaming Data Integration Capabilities
FREE ARTICLEAleri Labs today announced that it has partnered with Attunity, a provider of enterprise-class integration platforms for real-time and on-demand data integration. The Aleri Labs and Attunity partnership overcomes one of the key obstacles to more widespr read this
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FPL Re-establishes Exchanges/ECN Working Group
FREE ARTICLEFPL has announced the reformation of its Exchanges/ECN Working Group. This working group will be lead by representatives from three geographic regions ? Matt Simpson of the Chicago Mercantile Exchange (Americas region), Kathleen Grey of HSBC (Asia Pacific read this
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TRADETREK SECURITIES EXPANDS SALES AND TRADING GROUP
FREE ARTICLETradeTrek Securities today announced the hiring of Robert P. Calice and Philip Adesso as vice presidents in its sales and trading group. ?As we continue gaining market share in the growing algorithmic execution space Robert and Philip further strengthe read this
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Reuters Launches Reuters Tick Capture Engine in Asia for Trading Analytics
FREE ARTICLEReuters today announced the release of the Reuters Tick Capture Engine for clients in Asia building trading analytics for algorithmic execution, transaction cost analysis and trading compliance. Powered by Vhayu Technology, Reuters Tick Capture Engine i read this
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Vhayu expands European operation
FREE ARTICLEToday at Dealing With Technology London 2006, Vhayu announced today that it has opened a new office in the City of London. This is a result of the significant growth in demand for Vhayu technology amongst UK based financial institutions and the need to su read this
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Sinara Consultants releases market data extraction tool
FREE ARTICLEUK software house Sinara Consultants has announced the release of its Universal Data Extractor (UDE) software tool that allows both market data providers and consumers to identify and extract key data items from any text data source such as news stories. read this
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CREDIT AGRICOLE CHEUVREUX SELECTS REUTERS TICK CAPTURE ENGINE TO TEST TRADING STRATEGIES
FREE ARTICLEReuters has announced that the leading European equity broker CA Cheuvreux is taking the Reuters Tick Capture Engine (RTCE) to enhance its brokerage and execution services. CA Cheuvreux is a member of the Credit Agricole group. CA Cheuvreux read this
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SunGard?s Decalog and TradingScreen Announce Integration of OMS and EMS Offerings to Better Serve Asset Management Firms
FREE ARTICLESunGard and TradingScreen Inc.have announced the launch of an integrated solution for buy-side traders. Decalog provides portfolio and trade order management functionality, helps streamline investment workflow and helps traders achieve best execution on l read this
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Vhayu Releases Velocity 6.0 to Manage Dramatic Rise in Market Data
FREE ARTICLEVhayu, a leader in streaming tick processing and persistence software, has announced the launch of Vhayu Velocity^TM 6.0 to significantly improve the speed and scalability of trading applications. Velocity 6.0 has incorporated features designed for global read this
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Portware, Random Walk and IBM Elevate Algorithmic Trading to the Next Level
FREE ARTICLEPortware, Random Walk Computing and IBM has announced Portware on POWER, a new solution for algorithmic trading that combines Portware's Strategy Server and IBM System p entry-level servers with Random Walk?s consulting and integration services. The sys read this
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ICE enhances e-trading platform
FREE ARTICLEICE is an electronic energy marketplace serving a diverse range of participants in the global futures and over-the-counter marketplace. Today approximately 50% of the world's crude futures contracts are traded on the ICE platform.ICE serves a diverse rang read this
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Reuters launches tick history service
FREE ARTICLEReuters has announced the launch of Reuters DataScope Tick History, the only historical market data service offering over ten years of global, full-tick historical data. Reuters DataScope Tick History provides the breadth and depth of historical cross-a read this
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Electronic trading drives Nyse liquidity to Nasdaq
FREE ARTICLEUS stockmarket Nasdaq has for the first time moved its monthly matched share of Nyse-listed stocks into double digit figures, as investors increasingly turn to automated trading methods to execute transactions. According to monthly trading data from Nas read this
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Cantor Fitzgerald Makes Faster Market Decisions with Realtime Analysis Platform Built on Kx Systems
FREE ARTICLEKx Systems, has announced that Cantor Fitzgerald has completed a comprehensive system to handle historical data analysis and immediate querying of streaming market data based entirely on the Kx kdb+ database and "q" programming language. Cantor's traders read this
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Fidessa? launches European Trader Workstation
FREE ARTICLERoyalblue (LSE:RYB) has announced the launch of the Fidessa European Trader Workstation (ETW). Designed for small and mid-tier broker/dealers across Europe, ETW provides member and non-member trading services, seamless electronic order handling. The f read this
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Instinet Launches Wizard Arrival Price Algorithm
FREE ARTICLEInstinet, has launched Wizard, a new arrival price algorithm that helps reduce market impact by setting a trading schedule that balances a stock's historical and option-implied volatility with a trader's alpha and risk parameters. Wizard relies on the wel read this
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QUANT HOUSE PUTS CHICAGO less than 45 milliseconds away from LONDON allowing program trading firms of both cities to benefit from accurate & ultra low latency market data feeds
FREE ARTICLEQuant House, has announced that the combination of its feed handlers technology with the performance of its private fully owned global fiber optic network between Chicago, New York, London, Paris and Frankfurt will allow program trading firms in London to read this
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Vhayu Announces Formation of Fixed Income Market Data Advisory Board
FREE ARTICLE Vhayu, has announced the creation of a fixed income market data advisory board. The global advisory board will provide a unique forum for industry participants to contribute to Vhayu?s innovative strategy to drive electronic fixed income trading operatio read this
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Vhayu launches Velocity for Options service
FREE ARTICLEVhayu, has announced availability of Vhayu Velocity for Options which provides real-time analytics and storage of dynamic options market data. Velocity for Options is the only tick capture engine available that can scan and analyse the entire US equities read this
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BISYS? Alternative Investment Services and Linedata?s Beauchamp Enter Strategic Alliance
FREE ARTICLEAlternative Investment Services, provider of administrative, accounting and tax services, and Beauchamp, a wholly-owned subsidiary of Linedata Services, have joined forces to provide an enhanced straight-through processing solution for hedge fund managers read this
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Interactive Data polls debate attendees
FREE ARTICLE Interactive Data staged a panel discussion and debate in late November entitled ?The new world of market data: Data latency and the consolidated vs. direct debate?, attended by some 70 prime brokers, asset managers, hedge fund managers, market data mana read this
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RBC Capital Markets Selects Vhayu Velocity to Power Transaction Cost Analysis for U.S and Canadian Equities
FREE ARTICLEVhayu, has announced that Royal Bank of Canada (RBC)Capital Markets has selected Vhayu Velocity^TM to provide Transaction Cost Analysis (TCA) calculations for RBC?s proprietary equities trading division. The implementation follows client demand to read this
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BNP Paribas takes REUTERS TICK CAPTURE ENGINE for fixed income trading Analytics
FREE ARTICLEBNP Paribas, has selected the Reuters Tick Capture Engine (RTCE) for quantitative research and real-time trading analytics on global fixed income markets starting in London and New York. BNP Paribas will use the Reuters Tick Capture Engine to anal read this
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Fixnetix launches iX-Direct to provide the lowest latency solution available for direct market data
FREE ARTICLE Fixnetix Ltd, the next generation market data telecommunications company, has launched a new ultra low latency data service, iX-Direct. iX-Direct shaves hundreds of milliseconds off data vendor transmission times allowing traders to achieve unrivalled da read this
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RELEGENCE & CREDIT SUISSE ENHANCE RELEGENCE CONNECT PRODUCT
FREE ARTICLE The Relegence Corporation, the leading real-time search and news engine for the global financial services industry, together with Credit Suisse, have further enhanced their joint venture product, Relegence Connect. The product now provides quantitative m read this
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Instinet Launches Wizard PRO Portfolio Optimization Algorithm
FREE ARTICLEFeb 5th 2007 - Instinet, has launched Wizard PRO (Portfolio Risk Optimizer), a new implementation shortfall algorithm that optimizes a portfolio?s trading schedule based on the correlations and natural hedges that exist among the component stocks. Like In read this
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FlexTrade Launches FlexPTS
FREE ARTICLEFeb 4th 2007 - FlexTrade Systems, has announced the rollout of its new FlexPTS (portfolio trade scheduler) trading solution, which enables users to determine the best trading trajectory for their portfolios while minimizing market-impact cost and the risk read this
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Vhayu Launches Velocity for Fixed Income to Capture, Store and Analyze Fixed Income Market Data
FREE ARTICLEFeb 7th 2007 - Vhayu, has announced availability of Vhayu Velocity for Fixed Income TM which delivers real-time analytics and storage of critical fixed income market data. Following increased customer demand for fixed income specific features, Velocity fo read this
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UniCredit HypoVereinsbank (HVB) Selects Kx Systems for Realtime
FREE ARTICLEFeb 7th 2007 - Kdb+ Database, Kdb+tick and Q Language Provide Streaming and Historical Query Capabilities Across Multiple Trading Desks read this
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AT Round Table: Pre-trade analytics - expectations and reality
FREE ARTICLEPre-trade analytics have become an integral part of the workflow for algorithmic traders. We asked four major sellside banks for their views on some of the current and emerging themes in analytics. With: - Chris Biscoe, Head of US Ecommerce, Barclays C read this
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Aleri and Microsoft Partnership
FREE ARTICLEFeb 14th 2007 - Aleri and Microsoft Partner to Offer MiFID Best Execution Solution read this
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Hedge Funds and Multi Asset Algorithmic Trading - Perfect Partners?
FREE ARTICLEThe exponential growth of the hedge fund sector has been a major feature of capital markets over the past few years. Another more recent hot topic has been algorithmic trading across multiple asset classes. Matt Simon, Analyst at the TABB Group consi read this
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Hedge Fund Back Offices - Sinking or Swimming in the Algo Flood?
FREE ARTICLEHedge funds have been a major factor in the growth of algorithmic trading, but how are they and their prime brokers responding to the impact that algorithmic and automated trading have had on the back office? read this
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Integration of TradingScreen with Linedata’s Beauchamp
FREE ARTICLEFebruary 26, 2007 - Linedata Services, a provider of software and services to the global financial services marketplace, today announced the integration of TradingScreen’s TradeSmart with Beauchamp FundManager, Linedata’s flagship portfolio management sys read this
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Wombat Platform Meets the Needs of TD Securities - Trading Platform News
FREE ARTICLEMar 20, 2007 - Wombat Financial Software, has today announced a global licensing agreement with TD Securities for its low latency market data distribution and integration software. TD Securities is replacing its current market data distribution system wit read this
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Investment on High-Speed, Advanced-Trading Infrastructure Value Chain across Asset Classes to Hit $860M in 2007, Rising to $1.3B by 2010, Says TABB Group
FREE ARTICLEApril 2, 2007 - In 2006, over half of institutional equities trades in the US were executed through direct market access (DMA), algorithms, programs or crossing networks and with steady growth in every electronic execution channel that percentage will inc read this
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Exchange-Traded Equity Derivatives Set to Skyrocket as Absolute-Return Strategies, Portable Alpha, Hedge Funds and Yield Enhancements Create Seismic Shift
FREE ARTICLEApril 12, 2007 - The world of investment management is changing with absolute-return strategies, portable alpha, hedge funds and yield enhancement an integral part of the everyday life of traditional portfolio management. According to TABB Group in its ne read this
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Distributed automation
FREE ARTICLEWhile automated trading is now relatively commonplace, Rickey Cheung has been one of a few to take the process a step further. In addition to his own proprietary trading, he also redistributes trading signals to automated trading clients around the world. read this
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High frequency data analysis
FREE ARTICLEAs the requirements for storing, manipulating and deriving intelligence from ever larger data sets continue to expand, techniques and technology have to keep pace. Brian Sentance, CEO of Xenomorph, outlines some of the prerequisites. read this
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Empirical execution: Aspect Capital
FREE ARTICLEAspect Capital has a long pedigree as a systematic money manager. As such, it has been well placed to make a logical progression to automated and algorithmic trading. AT talks to Rob Wakefield, Aspect’s chief operating officer, about the firm’s recent act read this
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Deutsche Börse speeds up CEF data feed
FREE ARTICLEApril 24, 2007 - Deutsche Börse has launched a new release of its CEF data feed. read this
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Liquidity sensing and smart order routing
FREE ARTICLERegulation in both the US and Europe is having a significant impact on smart order routing in relation to best execution and venue selection. An important part of the routing process revolves around the sensing of hidden liquidity. read this
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Orc Software releases Market Connectivity to the HedgeStreet Exchange
FREE ARTICLEApril 26, 2007 - Orc Software, a global provider of technology for advanced trading, market making and brokerage, today announced the release of its latest market connection, providing direct access to the HedgeStreet Exchange. Users of Orc Trader and Orc read this
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Aleri Forms an Alliance With Sybase
FREE ARTICLEMay 10, 2007 - Aleri, provider of enterprise class event processing technology, today announced an alliance with Sybase that will enable customers to utilize Sybase RAP in trade life-cycle management. The Aleri Streaming Platform together with Sybase RAP read this
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4th Story Integrates ACTIV’s High Performance Market Data to Power Automated Trading
FREE ARTICLEMay 15, 2007 - 4th Story, provider of automated trading software to institutions, hedge funds and broker-dealers, today announced support for ACTIV Financial’s comprehensive market data offering. 4th Story will leverage ACTIV’s advanced low-latency platfo read this
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ANTs and Coral8 Team to Boost Performance for Next-Generation Complex Event Processing Application Environments
FREE ARTICLEMay 30, 2007 - ANTs software inc., a provider of compatible, high-performance SQL database management systems, and Coral8, Inc., a leading provider of complex event processing (CEP) software, today announced a joint marketing and alliance agreement for a read this
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Investment Technology Group Enhances Best Market ServerSM Functionality
FREE ARTICLEMay 30, 2007 - Investment Technology Group, Inc., a provider of technology-based trading services and transaction research, today announced that enhanced Best Market ServerSM functionality is now available in conjunction with ITG’s existing suite of algor read this
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Full Suite of Tethys Algorithm Analytics Now Available on Townsend Analytics' RealTick(R) Execution Management System
FREE ARTICLEMay 31, 2007 - Tethys Technology and Townsend Analytics, providers of multi-broker, multi-asset, multi-currency, and multi-route electronic trading solutions for the global capital markets have agreed to supply clients with direct access to Tethys' highly read this
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Xenomorph upgrades TimeScape to match trader and risk performance needs
FREE ARTICLEMay 31, 2007 - Xenomorph has released TimeScape Version 3.1, the latest iteration of its data management system, adding Event Services and Tick Capture Services to its suite of functions. read this
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4th Story Connects to BAXTER-FX’s Foreign Exchange Offering
FREE ARTICLEJune 06, 2007 - 4th Story, provider of automated trading software to institutions, hedge funds and broker-dealers, today announced connectivity to BAXTER-FX's multi-bank system currencydealing.net. read this
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Entropy Rate and Profitability of Technical Analysis: Experiments on the NYSE US 100 Stocks
FREE ARTICLE The entropy rate of a dynamic process measures the uncertainty that remains in the next information produced by the process given complete knowledge of the past. It is thus a natural measure of the difficulty to predict the evolution of the process. T read this
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Financial Data Mining with Genetic Programming: a Survey and Look Forward
REGISTERED VIEWERS Genetic Programming (GP) is an appealing machine-learning technique for tackling financial engineering problems: it belongs to the family of evolutionary algorithms that have proven to be remarkably successful at handling complex optimization problems read this
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Kx Systems Extends Streaming Intelligence with Kdb+ v2.4
FREE ARTICLEJune 18, 2007 - Kx Systems, today announced the latest release of the kdb+ low-latency database platform. Kdb+ v2.4 supports the world's largest financial firms, those handling as much as a billion time-ordered events a day, in obtaining instant intellig read this
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ABN Amro Selects Vhayu Velocity to Power Algorithmic Trading and Compliance Applications for European Equities
FREE ARTICLEJune 19, 2007 - Vhayu, a streaming tick processing and persistence software, today announced that ABN Amro Capital Markets has selected Vhayu VelocityTM to provide real-time and historical VWAP calculations and trade volume profiles for ABN Amro’s proprie read this
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PORTWARE ADDS MULTIPLE SOURCE TCA TO PROVIDE COMPREHENSIVE BEST EXECUTION PLATFORM
FREE ARTICLEJune 19, 2007 – Portware LLC, broker-neutral, multi-asset trading systems has enhanced its offerings to allow the integration of sophisticated pre-trade analysis and execution tools. Portware’s open and flexible solutions provide buy-side clients with sup read this
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Wombat and Voltaire Break Million Messages per Second Barrier with Wombat Data Fabric
FREE ARTICLEJune 20, 2007 – Wombat Financial Software, today unveiled the next generation of their messaging platform, dubbed Wombat Data Fabric. Over a year in development in partnership with Voltaire, this new technology is based on open standards and proves that read this
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ABN Amro Selects Vhayu Velocity to Power Algorithmic Trading and Compliance Applications for European Equities
FREE ARTICLEJune 25, 2007 - Vhayu, today announced that ABN Amro Capital Markets has selected Vhayu VelocityTM to provide real-time and historical VWAP calculations and trade volume profiles for ABN Amro’s proprietary equities trading application. read this
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Thomas Weisel Partners Deploys FlexPTS
FREE ARTICLEJune 27, 2007 – FlexTrade Systems, today announced that Thomas Weisel Partners will deploy its new FlexPTS (portfolio trade scheduler) trading solution, which enables users to determine the best trading trajectory for their portfolios while minimizing mar read this
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RTI Brings Non-Intrusive Recording of High-Throughput Data, Events and Messages to Distributed Real-Time Systems
FREE ARTICLEJuly 11, 2007 - Real-Time Innovations (RTI), today announced the availability of RTI Recorder, a software solution for logging the high-throughput data, events and messages that drive the behavior of distributed real-time applications. Activity recorded b read this
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αlphability
REGISTERED VIEWERSThis issue of Automated Trader marks the launch of a new set of tradability statistics called Alphability. Andy Webb outlines some examples of their construction and their application as tools to expedite the development of automated and algorithmic tradi read this
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Fixnetix provides ultra low latency access to EuroMTS government bond data to support emerging growth in automated bond trading
FREE ARTICLEJuly 16, 2007 - Fixnetix, today announced it has struck a global distribution deal with EuroMTS, the pan-European electronic trading platform for government and quasi-government Eurobenchmark bonds. Fixnetix will deliver EuroMTS fixed income data direct t read this
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Pennies from Heaven?
REGISTERED VIEWERSAs 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 algorit read this
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A Global Round Trip
REGISTERED VIEWERSExchanges around the world are investing in new technology and services to attract a greater share of algorithmic and automated trading volumes. Chris Hall takes a whirlwind tour of the exchanges that are pulling out the stops to bring much-needed source read this
