695 articles tagged with this keyword
News/Algorithmic trading
SWX Swiss Exchange and its screen-based market operator virt-x have begun the first phase of a three year infrastructure upgrade programme intended to cater for increased demand for direct market access (DMA) and algorithmic trading.
05 July 2007
Citi has confirmed that it is buying Automated Trading Desk (ATD), a South Carolina-based electronic market making and proprietary trading firm, for about $680 million in cash and stock.
02 July 2007
Dave Cummings, the founder of BATS Trading, will step down as CEO on Monday to focus on his Tradebot Systems proprietary trading firm. Joe Ratterman is being promoted to president and CEO as the electronic trading firm continues informal talks with the SEC about applying for exchange status.
29 June 2007
Citigroup is in advanced discussions to buy South Carolina-based algorithmic trading firm Automated Trading Desk (ATD) for around $700 million, according to a Wall Street Journal report.
27 June 2007
Mitsubishi UFJ Securities International is installing a tick capture platform based on technology from Aleri and Sybase to support algorithmic and strategy trading initiatives at its operations in London.
19 June 2007
ABN Amro Capital Markets is using market data software from California-based Vhayu Technologies to provide real-time and historical VWAP calculations and trade volume profiles for its proprietary equities trading application.
18 June 2007
The London Stock Exchange will today flip the switch on TradElect, a new £40 million trading system that is designed to raise capacity fivefold and position the market for higher volume automated dealing.
Activist hedge fund De Shaw has taken a sizeable minority stake in Investment Technology Group (ITG) and is agitating for the vendor to put itself up for sale.
12 June 2007
Investment Technology Group (ITG), a provider of technology-based trading services and transaction research, is to acquire privately-held RedSky Financial, a Chicago-based broker-dealer specialising in electronic multi-asset class trading, for $22 million.
08 June 2007
The Toronto Stock Exchange (TSX) is gearing up to roll out a new dealing platform and pre-trade matching system later this year as it steps up efforts to fend off competition from alternative trading systems (ATSs) in the Canadian market.
Goldman Sachs has extended the functionality of its REDIPlus multi-broker execution management system (EMS) in Europe. Users in the region can now route orders to other brokers' algorithms – a feature that the investment bank launched in the US late last year.
04 June 2007
Direct market access and algorithmic trading are set for rapid adoption among European buy-side investors according to a new report from analyst group Tabb.
30 May 2007
Deutsche Börse is to use fibre optic technology from euNetworks to offer unlimited bandwidth to clients accessing the exchange's trading, clearing and settlement systems in Frankfurt, London, Paris and Amsterdam.
The OMX Nordic Exchange is introducing a 'proximity service' that facilitates algorithmic trading by allowing its customers to house order management applications within its trading and market data infrastructure.
23 May 2007
Investment bank UBS has signed a global software licensing agreement for Trading Technologies' order entry software, X_Trader, which it will roll out to its internal trading desks and customers in the Americas, Europe and Asia.
22 May 2007
Interagency broker Instinet and investment bank Credit Suisse have signed an agreement to provide their respective clients with access to each other's 'dark' pools of liquidity in Japan.
In a bid to push further into computer-driven stock trading, Reuters is launching a new market data product that scans company news articles, scores how positive or negative they are and then, based on the information, triggers orders in algorithmic trading applications.
30 April 2007
Reuters has expanded its exchange data service, RDF-Direct, to include six more European and Asian venues in response to customer demand for full tick data that can be used for algorithmic trading applications.
19 April 2007
Aqua, an electronic equities trading platform that will be launched later this year by eSpeed, has appointed John Silvestri as senior vice president with responsibilities for sales, brokerage operations and business development.
10 April 2007
Euronext has firmed up plans to boost capacity and offer high-speed low-latency trading access for its cash and derivatives markets.
02 April 2007
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.