Market data distribution

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/Market data distribution

Nyse to sell market data to Internet sites

The New York Stock Exchange (Nyse) is gearing up to launch a low-cost real-time market data service for delivery over personal finance Web sites. The move follows earlier deals by Nasdaq OMX and Bats Trading to distribute market data to new media giants such as Google and Yahoo!.

/Market data distribution

KTS sells off Market Terminal subscriber base

London-based Knowledge Technology Solutions (KTS) has sold its Market Terminal subscription service to investment software vendor Ionic Information for a minimum consideration of £50,000 in cash.

/Market data distribution

LSE low latency data delivery service goes live

The London Stock Exchange (LSE) says it has gone live with Performance Channels, a low-latency, high speed delivery mechanism for data distributed by its Infolect application.

/Market data distribution

Selftrade launches UK mobile share dealing service

Online broker Selftrade is launching a new service that will enable its UK customers to trade shares using their mobile phones.

/Market data distribution

E*Trade launches trading application for Blackberry users

Online discount brokerage E*Trade is launching a free software application designed specifically for Blackberry handheld devices which enables users to access their accounts, view streaming real-time data and make trades.

/Market data distribution

Nasdaq OMX launches free real-time market data service

Market operator Nasdaq OMX has launched a free-of-charge real-time market data service that will be delivered by Google, the Wall Street Journal, CNBC and Xignite.

/Market data distribution

Bats distributes real-time market data on Yahoo

In a move to lure more US retail investors to its trading platform, Bats Trading - the all-electronic alternative to Nasdaq OMX and Nyse Euronext - has struck a deal to provide its real-time US stock quotes free of charge to users of Yahoo! Finance.

/Market data distribution

Thomson Reuters cuts 835 jobs

Recently-merged Thomson Reuters is axing 835 jobs - including 650 content, technology and operations roles - as it looks to cut costs and eliminate overlap between the two businesses.

/Market data distribution

LSE to offer equity research on smaller firms

In an attempt to boost liquidity of smallcap stocks on its junior and main market, the London Stock Exchange (LSE) is launching an equity research service that will provide information and analysis on smaller companies.

/Market data distribution

ICMA to sell off Xtrakter unit

The International Capital Market Association (ICMA) is selling off its markets services business Xtrakter, which houses the Trax matching and reporting system.

/Market data distribution

Wombat reports Equiduct Trading deal

Nyse Euronext-owned Wombat Financial Software has signed Börse Berlin Equiduct Trading to its tick data management platform, One Tick.

/Market data distribution

BlackBerry maker RIM and Thomson Reuters establish venture fund

Research in Motion (RIM)- the Canadian maker of the Blackberry handheld device - is teaming with Thomson Reuters to set up a $150 million venture capital fund that will invest in applications and services for mobile platforms.

/Market data distribution

Barclays Stockbrokers launches spot FX trading for private investors

Barclays Stockbrokers has teamed with California-based Integral Development to launch a spot FX trading service for private investors on its Barx platform.

/Market data distribution

Thomson Reuters reports solid Q1 for markets business

In its first set of results as a merged group, financial information vendor Thomson Reuters says its markets division - which houses Reuters' financial markets businesses as well as the Thomson Financial unit - reported a 69% rise in operating profit for the first quarter.

/Market data distribution

IBM buys market data house InfoDyne

IBM has acquired privately-held InfoDyne Corporation which provides software that enables trading firms to process high volumes of market data in microseconds. Financial terms and conditions of the deal were not disclosed.

/Market data distribution

BarCap buys assets of power market analysis outfit PowerLytix

Barclays Capital has acquired the assets of PowerLytix, a market data analysis vendor focused on the US electricity and natural gas markets. Financial terms of the deal were not disclosed.

/Market data distribution

Thomson Reuters shares slide in debut

Shares in the newly merged Thomson Reuters Group dropped in their debut on the London Stock Exchange (LSE) today amid concerns that the business will be badly impacted by the turmoil in the financial markets.

/Market data distribution

Fixnetix wins Equiduct Trading deal

Börse Berlin Equiduct Systems has recruited London-based Fixnetix to develop the low latency market data feed for its MiFID-compliant pan-European trading platform, which is expected to launch in the middle of the year.

/Market data distribution

TSX and Pure Trading settle intellectual property suit

The Toronto Stock Exchange (TSX) says it has settled an intellectual property lawsuit it filed against the parent company of rival upstart bourse Pure Trading.

/Market data distribution

CME Group buys credit derivatives data outfit CMA

Chicago's CME Group has acquired Credit Market Analysis (CMA), a London-based provider of credit derivatives market data to asset managers. Financial terms of the deal were not disclosed.