Thursday, December 15, 2011
Automated Trading
In other industry news Deutsche Börse and NYSE Euronext submitted a revised remedy submission to the EC's Directorate-General, Burgundy selected EuroCCP for interoperable clearing, Russian Trading System Stock Exchange joined IPC's on-net community, and the LSE is to acquire the outstanding 50% stake in FTSE from Pearson.
TS-Associates announced a cooperation agreement with NASDAQ OMX, TSE chose KVH IaaS for a new market information delivery service, the Johannesburg Stock Exchange selected Fixnetix as its UK PoP and network provider, and QuantHouse extended a fibre optic network into SIX Swiss Exchange.
Deutsche Börse offered 10 Gigabits access for co-location clients, BTS tapped Informatica for low-latency messaging, Custom Connect is to provide connectivity to InterXion, ISE adopted the Exegy Ticker Plant, and Instinet's BlockMatch was approved to reference European consolidated price.
Third Financial Software leveraged Rapid Addition's FIX adapter, BofAML and TORA delivered 'Thunder' their integrated trading platform for the buy-side, and FTEN and Object Trading entered an alliance for risk management.
SunGard opened a trading network hub in Chile, IM Trust selected Fidessa for Latin American expansion and Sanford C. Bernstein extended its equity execution offering to eight new countries.
Jenny Eastham
Managing Editor Automated Trader
Job Appointments
Automated Trader offers a global print and online readership rich in highly skilled market professionals - and what's more there's no charge to post your job opportunities with us, see below for some ofthe latest vacancies:
Junior Java Quant Developer - Algorithmic Trading Hedge Fund - Mayfair, London Global Trading Practice United Kingdom Highly competitive + % PnL split Execution Trader - Buy Side Artemis Consulting, Inc. United States Commensurate Upon Experience Electronic trading/Front office Developer - JAVA, Apache, Agile, FIX, UNIX, SQL Green light Singapore $90,000-130,000 + benefits + bonuses Head of Algorithmic Execution - FX and Listed Derivatives -New York Globeq United States Negotiable
Related News & Articles
Deutsche Börse offers 10 Gigabits access for co-location clients December 15th, 2011 - Service available since 12 December 2011 at Equinix data centre in Frankfurt
JSE selects Fixnetix as UK PoP and network provider December 15th, 2011 - Johannesburg Stock Exchange selects Fixnetix as the UK point of presence and network provider, emerging markets now offering direct connectivity Sanford C. Bernstein extends emerging market equity execution offering December 14th, 2011 -Sanford C. Bernstein trading platform now operational in eight new countries
Instinet BlockMatch approved to reference European consolidated price December 14th, 2011 - Instinet BlockMatch granted FSA and ESMA approval to reference a consolidated European Best Bid and Offer
FIA response to CFTC proposed definition of High Frequency Trading December 14th - FIA PTG suggests tracking all automated trading systems to simplify 'inherent arbitrary' definition of high frequency trading and allow utilisation of existing US Exchange resources/data Deutsche Börse and NYSE Euronext statement on revised remedy submission December 13th, 2011 -DB & NYSE Euronext submit revised remedies to European Commission's Directorate-General for Competition
LSE to acquire outstanding 50% of FTSE December 12th, 2011 - London Stock Exchange to acquire Pearson stake in FTSE International Ltd.
SunGard opens trading network hub in Chile December 12th, 2011 - Offers Valdi market access on Bolsa de Comercio de Santiago ISE adopts Exegy Ticker Plant December 12th, 2011 - International Securities Exchange adopts Exegy Ticker Plant for inbound data feeds
QuantHouse extends QuantLINK network to SIX Swiss Exchange December 12th, 2011 -QuantHouse offers direct low latency access to SIX Swiss Exchange
Third Financial Software leverages Rapid Addition's FIX adapter December 12th, 2011 - Third Financial Software selects Rapid Addition for FIX
Burgundy selects EuroCCP for interoperable clearing December 12th, 2011 -EuroCCP to provide interoperable Central Counterparty clearing to Burgundy exchange
BofAML and TORA deliver 'Thunder' -integrated trading platform December 12th, 2011 -Bank of America Merrill Lynch and TORA partner for broker-neutral co-branded trading platform
After the Bell Trading Forum Chicago: Opportunities and Challenges in Trading Across Asset Classes: Algos, HFT & Big Data
January 12 th 2012 - The Mid-America Club - Chicago
Today's market has grown increasingly volatile and every day brings different challenges to the trading community. In this ultra-competitive environment, it is critical to keep apprised, if not ahead, of the latest developments in technology, regulations and cross- market opportunities.
After our Chicago events last year where we had 200+ of your Chicago trading colleagues, we listened to what you wanted to hear: How are new regulations going to impact us? What do I need to have in place to start up a prop trading firm successfully? What is the latest and greatest when it comes to the high frequency space? Which asset class will provide the greatest growth opportunities? What type of algorithm will I need? And how will I handle the data needs of my company?
Our After the Bell panel discussions incorporate the "top-of-mind" issues for the trader - whether you're a high frequency trader, starting a prop shop or examining different trading strategies to take your firm to the next level, this event provides real world examples of what's working and why. These panel discussions are a follow on to ones held globally to great response. Held after trading hours so as not to take time away from the desk, these events offer a unique combination of topical discussion and industry networking. Join us on Thursday, January 12th and learn why 1000+ of your industry colleague have attended Mankoff Company events.
For more information about this event and to register, please go to: http://www.themankoffcompany.com/ChicagoHFT2012/
If you do not wish to receive further emails from Automated Trader, you can alter your email preferences here alternatively click here to completely stop all emails from us.'>Automated Trader Updates 15th December 2011
This week the FIA Principal Traders Group responded to the CFTC's request for comment on the proposed definition of High Frequency Trading. Their suggestions make very interesting reading; to see the letter in its entirety click here.
In other industry news Deutsche Börse and NYSE Euronext submitted a revised remedy submission to the EC's Directorate-General, Burgundy selected EuroCCP for interoperable clearing, Russian Trading System Stock Exchange joined IPC's on-net community, and the LSE is to acquire the outstanding 50% stake in FTSE from Pearson.
TS-Associates announced a cooperation agreement with NASDAQ OMX, TSE chose KVH IaaS for a new market information delivery service, the Johannesburg Stock Exchange selected Fixnetix as its UK PoP and network provider, and QuantHouse extended a fibre optic network into SIX Swiss Exchange.
Deutsche Börse offered 10 Gigabits access for co-location clients, BTS tapped Informatica for low-latency messaging, Custom Connect is to provide connectivity to InterXion, ISE adopted the Exegy Ticker Plant, and Instinet's BlockMatch was approved to reference European consolidated price.
Third Financial Software leveraged Rapid Addition's FIX adapter, BofAML and TORA delivered 'Thunder' their integrated trading platform for the buy-side, and FTEN and Object Trading entered an alliance for risk management.
SunGard opened a trading network hub in Chile, IM Trust selected Fidessa for Latin American expansion and Sanford C. Bernstein extended its equity execution offering to eight new countries.
Jenny Eastham
Managing Editor Automated Trader
Job Appointments
Automated Trader offers a global print and online readership rich in highly skilled market professionals - and what's more there's no charge to post your job opportunities with us, see below for some ofthe latest vacancies:
Junior Java Quant Developer - Algorithmic Trading Hedge Fund - Mayfair, London Global Trading Practice United Kingdom Highly competitive + % PnL split Execution Trader - Buy Side Artemis Consulting, Inc. United States Commensurate Upon Experience Electronic trading/Front office Developer - JAVA, Apache, Agile, FIX, UNIX, SQL Green light Singapore $90,000-130,000 + benefits + bonuses Head of Algorithmic Execution - FX and Listed Derivatives -New York Globeq United States Negotiable
Related News & Articles
Deutsche Börse offers 10 Gigabits access for co-location clients December 15th, 2011 - Service available since 12 December 2011 at Equinix data centre in Frankfurt
JSE selects Fixnetix as UK PoP and network provider December 15th, 2011 - Johannesburg Stock Exchange selects Fixnetix as the UK point of presence and network provider, emerging markets now offering direct connectivity Sanford C. Bernstein extends emerging market equity execution offering December 14th, 2011 -Sanford C. Bernstein trading platform now operational in eight new countries
Instinet BlockMatch approved to reference European consolidated price December 14th, 2011 - Instinet BlockMatch granted FSA and ESMA approval to reference a consolidated European Best Bid and Offer
FIA response to CFTC proposed definition of High Frequency Trading December 14th - FIA PTG suggests tracking all automated trading systems to simplify 'inherent arbitrary' definition of high frequency trading and allow utilisation of existing US Exchange resources/data Deutsche Börse and NYSE Euronext statement on revised remedy submission December 13th, 2011 -DB & NYSE Euronext submit revised remedies to European Commission's Directorate-General for Competition
LSE to acquire outstanding 50% of FTSE December 12th, 2011 - London Stock Exchange to acquire Pearson stake in FTSE International Ltd.
SunGard opens trading network hub in Chile December 12th, 2011 - Offers Valdi market access on Bolsa de Comercio de Santiago ISE adopts Exegy Ticker Plant December 12th, 2011 - International Securities Exchange adopts Exegy Ticker Plant for inbound data feeds
QuantHouse extends QuantLINK network to SIX Swiss Exchange December 12th, 2011 -QuantHouse offers direct low latency access to SIX Swiss Exchange
Third Financial Software leverages Rapid Addition's FIX adapter December 12th, 2011 - Third Financial Software selects Rapid Addition for FIX
Burgundy selects EuroCCP for interoperable clearing December 12th, 2011 -EuroCCP to provide interoperable Central Counterparty clearing to Burgundy exchange
BofAML and TORA deliver 'Thunder' -integrated trading platform December 12th, 2011 -Bank of America Merrill Lynch and TORA partner for broker-neutral co-branded trading platform
After the Bell Trading Forum Chicago: Opportunities and Challenges in Trading Across Asset Classes: Algos, HFT & Big Data
January 12 th 2012 - The Mid-America Club - Chicago
Today's market has grown increasingly volatile and every day brings different challenges to the trading community. In this ultra-competitive environment, it is critical to keep apprised, if not ahead, of the latest developments in technology, regulations and cross- market opportunities.
After our Chicago events last year where we had 200+ of your Chicago trading colleagues, we listened to what you wanted to hear: How are new regulations going to impact us? What do I need to have in place to start up a prop trading firm successfully? What is the latest and greatest when it comes to the high frequency space? Which asset class will provide the greatest growth opportunities? What type of algorithm will I need? And how will I handle the data needs of my company?
Our After the Bell panel discussions incorporate the "top-of-mind" issues for the trader - whether you're a high frequency trader, starting a prop shop or examining different trading strategies to take your firm to the next level, this event provides real world examples of what's working and why. These panel discussions are a follow on to ones held globally to great response. Held after trading hours so as not to take time away from the desk, these events offer a unique combination of topical discussion and industry networking. Join us on Thursday, January 12th and learn why 1000+ of your industry colleague have attended Mankoff Company events.
For more information about this event and to register, please go to: http://www.themankoffcompany.com/ChicagoHFT2012/
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