National Stock Exchange, Inc. (NSX(R)) today announced that it has opened another line of connectivity to its marketplace through Portware, enabling Portware's diverse customer base to gain immediate and direct access to NSX's markets. Portware is a leading provider of multi-asset, automated and algorithmic trading software and solutions to the global securities marketplace.
"Through NSX's connectivity with Portware, both buy-side and sell-side customers will be able to take advantage of NSX's liquidity, low latency, and highly competitive pricing," said James Kearney, NSX Senior Vice President, Business Development and Client Relations. "NSX will continue to add these key connections for its customers as we remain committed to meeting the needs of the marketplace."
Eric Goldberg, CEO, Portware, adds: "Portware provides clients with unparalleled access to trading destinations worldwide. The NSX represents a valuable addition to the 300 plus destinations available via Portware, and I am sure that our clients will benefit greatly from this partnership."
Showing posts with label connectivity. Show all posts
Showing posts with label connectivity. Show all posts
Tuesday, 14 October 2008
Wednesday, 24 September 2008
BIDS Trading and Charles River Development Connectivity
BIDS Trading, the alternative trading system (ATS) designed to increase competition and liquidity in the U.S. equity block trading market, and Charles River Development, an award-winning provider of technology systems and services for the global investment management community, today announced that connectivity has been established between their electronic trading platforms.
Through this partnership, current users of the Charles River Investment Management System (Charles River IMS) can now easily and anonymously route orders to BIDS Trading’s block trading platform; executing blocks of U.S. equities with little to no market impact. The partnership reaffirms both companies’ commitment to offer open and comprehensive electronic trading solutions, focused on helping traders reduce costs and risk, as well as increase operational efficiency in a secure environment.
“This integration is a major initiative in our continual support to help traders streamline workflow and facilitate best execution,” said Tom Driscoll, Vice President, Sales and Marketing, Charles River Development. “Charles River IMS offers clients a central conduit to all liquidity pools across all asset classes. Our clients can connect with a host of international destinations – and their choices now include the BIDS ATS.”
“This connection furthers our efforts to create an open, efficient marketplace to anonymously trade blocks of U.S. equities,” said Tim Mahoney. “Connecting Charles River IMS’s global client base to the BIDS ATS allows users to anonymously access additional liquidity and helps us continue to deliver on our promise to offer the broadest participation and deepest liquidity pool possible.”
The BIDS ATS is accessible to both buy-side and sell-side firms that want to trade large blocks through continuous order matching and trade negotiation. Use of the BIDS ATS as a block trading service is not exclusive or subject to volume commitment and each participant may continue to use any ATS, ECN or exchange service that supports the trading needs of its customer base.
Through this partnership, current users of the Charles River Investment Management System (Charles River IMS) can now easily and anonymously route orders to BIDS Trading’s block trading platform; executing blocks of U.S. equities with little to no market impact. The partnership reaffirms both companies’ commitment to offer open and comprehensive electronic trading solutions, focused on helping traders reduce costs and risk, as well as increase operational efficiency in a secure environment.
“This integration is a major initiative in our continual support to help traders streamline workflow and facilitate best execution,” said Tom Driscoll, Vice President, Sales and Marketing, Charles River Development. “Charles River IMS offers clients a central conduit to all liquidity pools across all asset classes. Our clients can connect with a host of international destinations – and their choices now include the BIDS ATS.”
“This connection furthers our efforts to create an open, efficient marketplace to anonymously trade blocks of U.S. equities,” said Tim Mahoney. “Connecting Charles River IMS’s global client base to the BIDS ATS allows users to anonymously access additional liquidity and helps us continue to deliver on our promise to offer the broadest participation and deepest liquidity pool possible.”
The BIDS ATS is accessible to both buy-side and sell-side firms that want to trade large blocks through continuous order matching and trade negotiation. Use of the BIDS ATS as a block trading service is not exclusive or subject to volume commitment and each participant may continue to use any ATS, ECN or exchange service that supports the trading needs of its customer base.
Monday, 15 September 2008
Volante Payments Bridge
Volante today unveiled Volante Payments Bridge, its comprehensive solution for corporate treasuries implementing SWIFT messaging and SWIFTNet connectivity. Designed for the challenges of complex legacy environments, extensive banking relationships, high-volume and high-value payment traffic, Payments Bridge provides a cost-effective and quick-to-implement solution for managing payment communications.
Payments Bridge is being demonstrated this week at SWIFT's Sibos conference in Vienna at the Volante Stand B203.
"Payments Bridge cuts through the technical and business complexity faced by large corporate treasuries," said Vijay Oddiraju, CEO of Volante. "Volante is on mission to make the benefits of SWIFT messaging easy to obtain and the challenges of implementation easily overcome. We are glad to extend our solutions to corporate treasuries which are an important part of the SWIFT community."
Volante Payments Bridge is currently in production in the treasury operation of one of the largest corporations in the world. Features of the solution include the following:
-- Support for all SWIFT messaging formats, as well as other payments message standards such as ACH, EDI, BAI2 and TWIST
-- Seamless integration with internal applications, networks and operating systems
-- Complete customizability of messaging to meet unique bank requirements
-- Internal routing logic to direct payments to the correct transport mechanism based on message content
-- Dashboard for monitoring message status, identifying failures, reporting and auditing
Payments Bridge is being demonstrated this week at SWIFT's Sibos conference in Vienna at the Volante Stand B203.
"Payments Bridge cuts through the technical and business complexity faced by large corporate treasuries," said Vijay Oddiraju, CEO of Volante. "Volante is on mission to make the benefits of SWIFT messaging easy to obtain and the challenges of implementation easily overcome. We are glad to extend our solutions to corporate treasuries which are an important part of the SWIFT community."
Volante Payments Bridge is currently in production in the treasury operation of one of the largest corporations in the world. Features of the solution include the following:
-- Support for all SWIFT messaging formats, as well as other payments message standards such as ACH, EDI, BAI2 and TWIST
-- Seamless integration with internal applications, networks and operating systems
-- Complete customizability of messaging to meet unique bank requirements
-- Internal routing logic to direct payments to the correct transport mechanism based on message content
-- Dashboard for monitoring message status, identifying failures, reporting and auditing
Thursday, 11 September 2008
Interactive Data Corporation in Turquoise Connectivity
Interactive Data Corporation (NYSE: IDC), a provider of financial market data, analytics and related services, today announced that its Real-Time Services business has made data from the Turquoise multilateral trading facility (MTF) available via PlusFeedSM. PlusFeed is Interactive Data’s consolidated high-quality, low latency digital datafeed that powers algorithmic and electronic trading applications.
Data from the Turquoise MTF, whose members include the largest banks and brokers active in European trading, as well as specialist trading firms and institutions, has been in production on PlusFeed since 15 August 2008 and is available to Interactive Data’s PlusFeed clients from the commencement of live trading. Since 29 August the Turquoise platform has stepped up its production capabilities and now trades in over 1,250 stocks across 13 European markets ahead of its public launch later in September.
Yann L’Huillier, chief technology officer of Turquoise, said: "We are pleased that low‐latency data provider Interactive Data is making Turquoise data available to its clients, as we see it as essential that financial institutions are able to access the data we produce as quickly as possible.”
David Hann, general manager, EMEA, Interactive Data Real-Time Services, commented: "Adding Turquoise data to PlusFeed is an important step forward for us.
Since the Markets in Financial Instruments Directive (MiFID) was implemented on 1 November 2007, Interactive Data has seen significant increases in the volume of trades and in the number of instruments on the new data sources available via PlusFeed. And the numbers indicate that this growth is continuing.”
Interactive Data’s Managed Solutions business will also carry Turquoise data on Market Data Gateway as part of a new ECN package. Market Data Gateway is a fast and flexible open platform enabling the aggregation and normalisation of financial market data from various sources. Interactive Data’s PrimePortal and PrimeDeveloper clients will have the option of subscribing to the new ECN package, while PrimeTerminal clients will receive the data as part of their contributor data package.
Interactive Data offers a number of new OTC data services via PlusFeed as part of its MiFID product roadmap. These include full coverage of BOAT data, OTC services from the London Stock Exchange, Euronext, Wiener Börse, Deutsche Börse, PLUS Markets Levels 1 and 2 data, and Chi-X Levels 1 and 2 data.
Data from the Turquoise MTF, whose members include the largest banks and brokers active in European trading, as well as specialist trading firms and institutions, has been in production on PlusFeed since 15 August 2008 and is available to Interactive Data’s PlusFeed clients from the commencement of live trading. Since 29 August the Turquoise platform has stepped up its production capabilities and now trades in over 1,250 stocks across 13 European markets ahead of its public launch later in September.
Yann L’Huillier, chief technology officer of Turquoise, said: "We are pleased that low‐latency data provider Interactive Data is making Turquoise data available to its clients, as we see it as essential that financial institutions are able to access the data we produce as quickly as possible.”
David Hann, general manager, EMEA, Interactive Data Real-Time Services, commented: "Adding Turquoise data to PlusFeed is an important step forward for us.
Since the Markets in Financial Instruments Directive (MiFID) was implemented on 1 November 2007, Interactive Data has seen significant increases in the volume of trades and in the number of instruments on the new data sources available via PlusFeed. And the numbers indicate that this growth is continuing.”
Interactive Data’s Managed Solutions business will also carry Turquoise data on Market Data Gateway as part of a new ECN package. Market Data Gateway is a fast and flexible open platform enabling the aggregation and normalisation of financial market data from various sources. Interactive Data’s PrimePortal and PrimeDeveloper clients will have the option of subscribing to the new ECN package, while PrimeTerminal clients will receive the data as part of their contributor data package.
Interactive Data offers a number of new OTC data services via PlusFeed as part of its MiFID product roadmap. These include full coverage of BOAT data, OTC services from the London Stock Exchange, Euronext, Wiener Börse, Deutsche Börse, PLUS Markets Levels 1 and 2 data, and Chi-X Levels 1 and 2 data.
Wednesday, 10 September 2008
RTS Realtime System Connectivity to FEX
RTS Realtime Systems Group, has committed to provide connectivity to the Financial & Energy Exchange (FEX).
The Financial & Energy Exchange (FEX) is building a world class exchange platform, focused on developing a suite of services for the Asian derivative markets. The benchmark FEX products will include traditional Asian energy products such as crude oil and thermal coal.
The offering will also extend to emerging energy and environmental products to help service existing and new liquidity pools. The FEX exchange traded futures market will utilise OMX technology, the premium matching engine technology supplier to world exchanges. The Clearing Corporation of Chicago, the world's largest independent clearing house, will provide clearing services.
Henk Huitema, Managing Director, Asia Pacific for RTS, said: "RTS is pleased to provide access to a new trading venue. Our ongoing connectivity enhancements offer our customers the ability to continually tap into new trading opportunities throughout the world as they develop.”
Tom Price, Executive Director, FEX, said: “Our decision to partner with RTS was an logical one given RTS’s global connectivity. RTS meets FEX’s stringent infrastructure support requirements in a professional and responsive manner. We look forward to a valuable partnership.”
RTS offers access through its Realtime Trading Desktop (RTD) portfolio, including its RTD-API’s, the RTD front-end trading system, and RTD Tango, its high performance automated algorithmic trading solution.
Additionally, RTS will be providing direct market access to the new marketplace in its data centre and hosting facilities across the world.
The Financial & Energy Exchange (FEX) is building a world class exchange platform, focused on developing a suite of services for the Asian derivative markets. The benchmark FEX products will include traditional Asian energy products such as crude oil and thermal coal.
The offering will also extend to emerging energy and environmental products to help service existing and new liquidity pools. The FEX exchange traded futures market will utilise OMX technology, the premium matching engine technology supplier to world exchanges. The Clearing Corporation of Chicago, the world's largest independent clearing house, will provide clearing services.
Henk Huitema, Managing Director, Asia Pacific for RTS, said: "RTS is pleased to provide access to a new trading venue. Our ongoing connectivity enhancements offer our customers the ability to continually tap into new trading opportunities throughout the world as they develop.”
Tom Price, Executive Director, FEX, said: “Our decision to partner with RTS was an logical one given RTS’s global connectivity. RTS meets FEX’s stringent infrastructure support requirements in a professional and responsive manner. We look forward to a valuable partnership.”
RTS offers access through its Realtime Trading Desktop (RTD) portfolio, including its RTD-API’s, the RTD front-end trading system, and RTD Tango, its high performance automated algorithmic trading solution.
Additionally, RTS will be providing direct market access to the new marketplace in its data centre and hosting facilities across the world.
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