Tech Notes

Essex Radez Readies Order Book Service

Essex Radez, a Chicago-based broker-dealer and trading technology provider, is about to launch its consolidated order book service, Normalized Multicast Feed.

CBOE Unveils New Front End

The Chicago Board Options Exchange has a new way for options traders to access the markets.

FlexTrade Jumps Cross-Currency

FlexTrade Systems wants to help equities traders do pairs and risk-arbitrage trades in different currencies.

ITG Blends EMS and OMS Together

Agency broker ITG is integrating trading blotter and compliance features found in its order management system into its execution management system.

Pipeline Scans for Blocks

Pipeline Trading Systems is scouring the cash equities markets, both displayed and dark, as well as the options markets, in an attempt to assemble blocks for its buyside clients.

New BofA Merrill Algos Pair Up

Tech Notes

Linedata Adopts Touchscreen Trading

Some buyside traders can now send orders without clicking on a mouse or tapping on a keyboard.

Pragma Offers Overlays For Algos

Pragma Securities has released new functionality that allows traders to alter the behavior of algorithms to react to market changes as an order is being filled.

Cheevers Automates Trade Data System

Chicago-based broker Cheevers & Co. has partnered with Firm58 and MIXIT to automate and aggregate reports on fills, specific trade data and billing, providing the broker's clients with next-day execution information.

Abel/Noser Tailors Algos for PMs

Abel/Noser is offering the buyside customized algorithms that are based on a portfolio manager's historical interaction with the market.

AlgoTrade Combines OMS and EMS

Software development company AlgoTrade has built a new hybrid trading system that combines order and execution management systems into a unified desktop program.

GSET Offers "Point and Shoot" Trading

Goldman Sachs Electronic Trading launched its 1CLICK algorithmic access program last month, an application in which traders simply click on a trade execution strategy to complete a trade.

GTA Now Offers Next-Day Trade-Cost Analysis

Global Trading Analytics has released a next-day trade-cost analysis system for U.S. and Canadian equities professionals.

New Book on Algos Earmarks Profits for Cancer Charity

When Barry Johnson began writing his 598-page tome "Algorithmic Trading & DMA" in 2006, it was going to be a beginner's guide.

BNY ConvergEx Consolidates Information to Offer Better IOIs

BNY ConvergEx can now send clients many more indications of interest, after investing in new technology.