Automated Trading News items from Automated Trader

July 1st, 2008: PFG BEST Direct ProTrader – with sophisticated automation and premium modules – is already a leading platform on the market for trading futures. Recently, it has been upgraded so it can now trade options and forex as well. For a limited time, PFGBEST.com is offering BEST Direct ProTrader free.

June 24 2008 - Patsystems plc has announced that GH Financials has selected Risk Informer to be its global post trade risk system. The system will manage global risk for all exchange trade futures & options at GH Financials. The solution will monitor clients’ aggregated risk in real-time across all the clients’ trading activities and will provide both real time monitoring and automatic notification of limit breaches.

June 17th, 2008 - Earesults.com released, expert advisor system verification service for FX black box systems

June 9th, 2008 - The International Securities Exchange (ISE) today announced that three new members have been elected to its Board of Directors.

June 6th, 2008 - Liquidnet has announced BATS Trading Inc. has become its 22nd Streaming Liquidity Partner.

June 5th, 2008 - MetaQuotes Software Corp. Presents the Third Annual World Automated Trading Championship.

June 4th, 2008 - UNX has announced the release of UNX MetaBook® Execution Management System (EMS) version 3.3.

June 3rd, 2008 - Appro will demonstrate performance acceleration of a full double-precision floating point Monte Carlo financial simulation analys is at the SIFMA Technology Management Conference in New York, NY, June 10-12, booth 3105.

June 2nd, 2008 - Trayport Limited has announced that Fluxys, the Belgian Transmission System Operator (TSO) has deployed its GlobalVision technology to allow real time trading of natural gas transit capacity on the secondary market.

May 30th, 2008 - Integral Development Corporation has announced the extension of its "White Label" partnership with Barclays Capital, the investment banking division of Barclays Bank PLC.

May 20th, 2008 - Brady plc has today confirmed that BGC International, has selected Brady’s trading and risk management solution for commodity options pricing and risk management on its commodities desk in London.

April 30th, 2008 - Orc Software (STO:ORC), announced the London-based business of global trading firm Van der Moolen is utilizing the Orc Algorithmic Trading solution for advanced trading capabilities. The deal was booked in Q3 2007.

April 28th, 2008 - Liquidnet Europe Limited won Best Overall Execution Venue at the TradeTech European Awards 2008 this week in Paris, beating out six other finalists for the distinction.

April 24th, 2008 -Liquidnet today announced it posted its third consecutive quarter of double digit volume growth in the US, expanded its global footprint to five continents with a record-setting debut in Australia(1), and continued its more than 75 percent year-over-year volume growth in Europe and Canada. Domestically, volume from Supernatural(TM) trades -- which get a first look at Liquidnet's average daily liquidity of 5.4 billion shares in addition to access to the public markets -- increased 69 percent over the previous quarter (333 million shares v 197 million shares) and had a crossing rate(2) of 26 percent, of which the majority of trades were in the less liquid small and mid-cap names. Supernatural(TM) is currently the fastest-growing Liquidnet offering.

April 24th, 2008 - TradingScreen Inc, announced preliminary findings of the first industry wide analysis of algorithmic trading undertaken by its Buy-Side clients in global cash equity markets.

April 7th 2008 - SpryWare LLC, has released DepthPlus™, a powerful client-side API interface for order book management. DepthPlus is a very efficient way of maintaining and sorting full order books. The sorted order books are dynamically available at the client level via local memory cache tables.

April 10th 2008 - Orion Trading Group NY reports that they have recently added a new Forex models to the umbrella of successful trading strategies at Orion Trading Group, Inc. The new programs are called Systematic Trading Allocation, Hydro-net, and Multi- Forex Strategy Fund. Each account has non-correlated trading strategies following Orion Trading Group’s business model. The new products include both discretionary and fully automated trading models.

April 9th 2008 - RTS Realtime Systems Group and SYSTEX Corporation (SYSTEX) today announced that they have entered into a distribution agreement to sell and support the entire portfolio of RTS' professional trading solutions to the Taiwanese market.

April 8th 2008 - NorthPoint Trading Partners LLC, announced the continuation of their strategic partnership with Gemini Fund Services, LLC with the addition of a second Gemini mutual fund manager to the NorthPoint brokerage platform. NorthPoint specializes in providing brokerage solutions to fund managers who short equities as part of their overall investment strategy.

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.

April 8th 2008 - Marketcetera, maker of an open source platform for automated trading, has raised $4 million in a first round of venture funding.

April 1st 2008 - – Interactive Supercomputing, Inc. (“ISC”) today launched a high performance computing (HPC) software service for engineers, scientists and analysts who have technical computing applications that will benefit from parallel processing, but don’t have access to high performance, multiprocessor hardware.

March 31st 2008 - FXMarketSpace is proud to announce FXSettle, a revolutionary settlement solution that intelligently routes trades directly to your bank or settlement agent – guaranteeing against settlement and replacement risk, and more importantly, dramatically reducing your costs.

March 31st 2008 - Orc Software (SSE:ORC), today announced that it has opened a new development center in Chicago, Illinois. The new development center adds to Orc’s extensive list of development centers located around the world including centers in major financial capitals such as London, New York, Toronto, Stockholm, Moscow, Hong Kong, and Sydney.

March 31st 2008 - VTB Bank Europe PLC, has selected SONARIS/Bonds, the high-performance bond pricing engine from ORIMOS, a leading provider of front-office technology. VTB traders and sales benefit from the comprehensive functionality offered by SONARIS, ranging from pricing and real-time risk to market alerts and history charts for prices, yields and spreads.

March 28th 2008 - Focused Squarely at Building Switching Solutions to Accelerate Data Center Applications, Teak's AZ-10GE Technology Enables 10GE Links to Operate at Line Rate Without Packet Loss Across All Traffic Loads Including Those With Random Arrival, Varying Frame Size, Burst Characteristics, and Oversubscribed Output Interfaces

March 27th 2008 – StreamBase Systems has announced the release of its Real-Time Profit and Loss Platform for Capital Markets. This platform features StreamBase’s CEP engine with high availability, visualization tools, market data feed integrated adapters and a workflow development environment. This provides customers with rapid time to market, high-performance and extensive connectivity.

March 19th 2008 – A new report from Aite Group, LLC examines quantitative investment strategies, with particular focus on the alpha discovery phase of the quantitative investment life cycle. The report highlights key trends and challenges that quants face in the pursuit of alpha generation.

March 12th 2008 - Allied Testing have designed a new Behavioural Testing Framework.

March 11th 2008 – Charles River Development has announced that Chandler Asset Management has selected the Charles River Investment Management System (Charles River IMS) to automate and streamline its investment management operations.

March 6th 2008 - Karachi Stock Exchange has announced that KATS is ready for the Financial Information Exchange (FIX) protocol Connectivity (Version 4.2).

March 5th 2008 - Orc Software has announced that Italian investment firm and established Orc Software customer, Centrosim, is utilizing Orc technology for its single platform, automated trading and risk management solution.

February 26th 2008 — Strategy Runner announces that it has implemented a turnkey solution, hosted with Currenex, for the purpose of providing traders with Strategy Runner’s high-performance algorithmic trading application for Forex. This ASP solution has effectively combined Strategy Runner’s online trading platform with Currenex’s proven execution and liquidity services.

Feb 25th 2008 - SAVVIS, Inc. has announced that BATS Trading, Inc.is now available via SAVVIS Exchange Express which provides low latency metro Ethernet network access to the fast-growing BATS trading platform.

February 27th 2008 – Leading grid software provider Digipede Technologies has announced availability of version 2.1 of its award-winning grid software solution for the Microsoft Windows platform. Certified for Windows Server 2008, Digipede Network 2.1 allows single-threaded software to take advantage of modern multicore processors, and also manages many different applications running simultaneously on a grid with both multicore and multiprocessor boxes. This increased flexibility provides greater resource utilization and performance.

February 25th 2008 — Tbricks has launched a new system – Tbricks Genesis – for automated trading of any electronically traded asset class. Tbricks Genesis has been designed exclusively for automated trading and combines ease of use with extreme performance. This empowers professional users at banks, brokerages and hedge funds, by offering greater control and higher productivity, translating into new business opportunities.

February 18, 2008 - FCMs, Traders, brokers and other trading institutions will now be able to utilize Strategy Runner’s professional trading platform and server-based algorithmic trading solutions through the CTS API.

February 18th 2008 - Hong Kong Exchanges and Clearing Limited has announced that the software for the trading system and the clearing and settlement system used in its derivatives market will be upgraded to Release 19.1 on 3 March 2008.

February 18th 2008 - MetaFX, LLC has announced its release of Multi Account Manager (MAM) software for the Metatrader 4 (MT4) server trading platform. The MAM broadens the functionality of the MT4 platform by enabling the Money Manager to effectively trade and manage multiple accounts from a single MT4 interface.

February 12th 2008 - ICAP has announced that it has completed the most recent phase of enhancements to its market leading EBS Spot FX electronic trading platform. These enhancements significantly improve functionality, increase the frequency of market view updates and speed of data delivery, and provide greater order book transparency for all EBS customers.

February 11th 2008 - FXall, the world’s leading foreign exchange platform, is pleased to announce a distribution agreement with Investment Technology Group (ITG), a leading provider of technology-based trading services and transaction research. This agreement will enable ITG clients to trade foreign exchange through FXall’s comprehensive FX trading solution.

February 6th 2008 - StreamBase Systems has announced the latest release of StreamBase Reuters Edition, adding support for Reuters Data Feed Direct and introducing Reuters Schema Designer, a “live preview” tool for browsing and discovering the wealth of content on Reuters Market Data System.

February 6th 2008 – RTS Realtime Systems Group has announced that it is offering proximity services to IntercontinentalExchange, after the exchange relocated its primary data center to Chicago.

February 5th 2008 — Integral Development Corp. will introduce FX Grid3.0 and FX Inside 3.0 at the Managed Funds Association (MFA) Network 2008 conference and exposition in Key Biscayne, FL, February, 11-13.

February 4th 2008 - GemStone Systems, Inc.has announced the availability of the GemCache data transaction benchmark with Intel and IBM. The benchmark, conducted by the Securities Technology Analysis Center, tested the distributed in-memory caching solution in a transactions environment measuring throughput and latency under varying rates of order traffic.

February 1st 2008 – Trayport Limited has announced that it has been acquired by GFI Group Inc., a leading inter-dealer broker specialising in over-the-counter derivatives products and related securities. Trayport offers a comprehensive range of proven products including three electronic trading platforms, Exchange Trading System, Broker Trading System and Trading Gateway, which are tailored to the needs of the specific user communities.

January 28th 2008 – OptionsCity is pleased to introduce its OptionsCity Metro system. It is user-friendly, flexible, powerful, and able to execute complex strategies without the need to write scripts. This is a solution that encourages dynamic quoting and scales well.

January 17th 2008 - National Stock Exchange, Inc. has announced the appointment of Shane Swanson as an At-Large Director on the National Stock Exchange, Inc. Board. He was also appointed to the Board of NSX Holdings, Inc., the Exchange's parent company.

January 14th 2008 - Quant House has announced that QuantFEEDHANDLER, its feed handler technology for standardisation of exchange raw market data feeds, is able to decode more than 2 millions messages per second. The benchmark has been made at fasterLAB, the Intel low latency lab in London on several versions of the multicore Intel Xeon platform.

January 10th 2008 – Instinet Europe Limited has announced that it had reached an agreement with a consortium of shareholders that will take a minority holding in Chi-X Europe Limited, operator of the first live, order-driven, pan-European equity MTF.

January 9th 2008 – Portware has launched its real-time failover system. Portware High Availability (HA) provides unprecedented business continuity in the event of any trading system failure and is available to buy- and sell-side firms using Portware’s Enterprise solution.

January 8th 2008 -- FlexTrade Systems, Inc., has announced that its FlexTRADER EMS will be the first algorithmic trading platform to provide direct access to NYSE MatchPoint, which will launch on January 22, 2008.

January 8th 2008 - Deutsche Bank and JPMorgan have announced that they have made separate minority investments in BATS Trading, operators of the BATS ECN.

December 20th 2007 - ICE Futures U.S.(TM),has announced that it will offer electronic trading of futures contracts for an additional 31 foreign exchange pairs on January 25, 2008. Electronic trading began on November 9, 2007, for an initial 10 foreign exchange futures contracts. The January listing completes the transition of ICE's foreign exchange futures products to the electronic platform.

December 19th 2007 - Stock market operator OMX said it will introduce post-trade anonymity to the Helsinki and Stockholm exchanges next May, bringing them into line with practices in other major bourses in a move that could boost trading volumes.

November 26th 2007 - Aegis Software Inc. has announced that it has successfully completed CME Group certification for FIX/FAST market data format.

November 27th 2007 - Truviso has announced that it has teamed with Hotspot FXi to bring the first true algorithmic, ultra-low-latency trading solution to FX traders.

November 6, 2007 — Charles River Development has announced that Gen Re Capital GmbH has selected the Charles River Investment Management System as its front office solution.

October 12th, 2007 - Aleri and OILspace have announced that they have entered into a partnership. The partnership enables the fast integration of OILspace’s OILwatch, an online energy portal, and OILspace’s Aspect TradeFlo, an “out-of-the-box” online trade management software, with Aleri’s CEP technology.

October 9th, 2007 — Charles River Development has announced that LG Investment Group Limited (LGI), a new Melbourne-based Absolute Return asset manager, is live on the Charles River Investment Management System following a successful three-week implementation.

September 27th, 2007 - 4th Storyhas announced that it has integrated MATLAB® with 4S.Everglades™, its high-performance automated trading strategy platform.

September 26th, 2007 - A team from the University of Southampton which won an automated trading agent competition believe their entry may form the basis for an automated stock market.

September 10, 2007 - Paremus, developer of the Infiniflow Enterprise Service Fabric and Kapow Technologies, today announced a partnership agreement that will deliver dynamically deployable, scalable mashup services with enhanced resilience.

September 10, 2007 - Lightspeed Holdings announced today that its first retail automated trading client began utilizing portfolio margining to potentially increase its capital leverage and margin flexibility when trading.

September 5, 2007 – The Chicago Stock Exchange today announced that in August 2007 the Exchange enjoyed its highest monthly trading volumes since the February 2007 launch of the new CHX trading model. CHX’s average daily volume for August was almost 40 million shares, with a daily high of 54.5 million shares.

September 3, 2007 - Arcontech today unveiled its AXE software product, aimed at brokers and start-ups wishing to cash-in on the burgeoning market for Contract for Difference trading and Spread Betting.

August 22, 2007 - NYSE TransactToolsSM, a subsidiary of NYSE Euronext, announced that Kershner Trading Group has selected TCM6 to automate its trading environment.

August 20, 2007 - Titan Trading Analytics has announced that it is opening a new Titan New York Regional Office to assist with Titan's Grey Box (semi-automated) and Black Box (fully-automated) Currency and Commodity Trading Division under its USA Trading Operations.

August 21, 2007 – Portware LLC today announced the opening of its Hong Kong office to support its growing client base in the Asia and the Pacific region.

August 14, 2007 - Forex prediction service provider Nostradamus Systems has entered into a partnership agreement with Strategy Runner, a forex trading platform, regarding the signal distribution of its Spotradar algorithmic trading models to private investors.

August 13, 2007 - FXMarketSpace, the first centrally-cleared, global foreign exchange platform for the over the counter market, today announced the opening of its Hong Kong office. It also announced, with effect from 18th July, 2007, that it was authorised as a money broker by the Hong Kong Monetary Authority.

July 18, 2007 - The International Capital Market Association (ICMA) Ltd is pleased to announce that European Credit Management Ltd (ECM), a buyside firm, has commenced live matching of repurchase agreements (repo) with UBS for the first time via TRAX2.

July 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 to financial firms over iX-Direct, its market leading data on the wire delivery service.

July 11, 2007 - RTS Realtime Systems Group and Tokyo-based Intersoftkk today announced that they have entered into a distribution agreement to sell and support the entire portfolio of RTS’ professional trading solutions to the Japanese market.

July 2, 2007 - Citi Markets & Banking today announced it has agreed to acquire Automated Trading Desk (ATD), an electronic market making and proprietary trading firm for approximately $680 million in cash and stock. The addition of ATD will make Citi a top-tier aggregator of equity order flow and will provide institutional, broker/dealer and retail clients with access to deeper pools of liquidity.

June 28, 2007 - From Monday 20 August 2007 Liffe will introduce a new trade matching algorithm for its Short Term Interest Rate futures contracts. The new algorithm will be implemented for the Three Month Sterling (Short Sterling) Futures on Monday 20th August 2007, and for the Three Month Euro (Euribor) Futures and Three Month Swiss (Euroswiss) Futures on Monday 24th September 2007.

June 25, 2007 – RTS Realtime Systems Group (RTS), announced that as the New York Mercantile Exchange today introduced electronic trading of options on COMEX gold and silver futures and NYMEX crude oil and natural gas futures on Globex, RTS is offering its RTD software on the trading floor to enable floor traders to participate in the new markets from day one. RTS ’ state-of- the-art technology is known for its advanced quoting and options functionality and ease of use, as well as comprehensive functionality for futures trading. RTD software also supports electronic trading of these products from locations around the world.

June 15, 2007 - Allied Testing is pleased to announce the release of its interactive Exchange Simulator for the major European Equities exchanges.

June 8, 2007 - Collective2, the online trading-system platform and the evaluation of “black box” trading systems, has announced that NinjaTrader Version 6 is now compatible with C2. NinjaTrader is a complete end-to-end trading platform serving discretionary and automated traders of futures, equities and forex markets.

June 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.

June 5, 2007 - PFSoft today announced the release of a scripting engine for ProTraderFX platform. A combination of development tools and a new scripting language, ProTrader Scripting enables Forex traders to develop, debug, test and refine strategies for automated trading and technical analysis indicators.

May 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 platform to deliver real-time and historic data to 4th Story trading programs.

May 8, 2007 - GL TRADE, global provider of front-to-back office software solutions for international financial institutions, announces that The Bank of East Asia, the largest independent local bank in Hong Kong, has selected GL TRADE options trading station, GL RUBYX to handle market making on 10 equity options on Hong Kong Futures Exchange currently.

May 1, 2007 - Patsystems plc, the trading solutions provider to the derivatives industry, is pleased to announce that it has promoted Barry White to the position of Regional Head of Asia. Barry joined the ISV in 2006 as Managing Director of Australia. He came to Patsystems from Real-Time Systems and has over 17 years’ experience in exchange-traded derivatives.

May 1, 2007 - Eurex and International Securities Exchange (ISE) announced today that they have signed a definitive agreement under which Eurex will acquire ISE for approximately USD 2.8 billion in cash, or USD 67.50 per share. The combination will be implemented by way of a merger and is subject to approval by the holders of a simple majority (50 percent plus one share) of ISE outstanding common stock at a special shareholder meeting to be held as soon as practicable, receipt of regulatory approval by the U.S. Securities and Exchange Commission and other customary closing conditions. ISE’s Board of Directors recommends to shareholders to vote in favor of the transaction.

April 25, 2007 - Automated Trading Tool Lets Traders Test Strategies Against Historical Data. Designed to allow traders to comprehensively and easily test their trading models before putting them into action, the RTD Tango Backtester can assist users with the full range of trading strategies they employ.

April 24, 2007 - OMX today introduces Genium Market Info, a low latency distribution system for market data. Raising the bar on speed and flexibility, Genium Market Info includes the management functionality needed to serve as a business development tool for new and innovative information services.