Tech Notes

Barclays DMA Goes Sub-Millisecond

Direct-market access for Barclays Capital's quantitative hedge-fund and high-frequency-trading customers hit the accelerator.

Switching Engine Gets a New Sidekick

Pipeline Trading Systems wants to give volume-weighted average price orders a leg up in beating VWAP.

Sponsored Access Concerns Benefit Bon Trade

Bon Trade Solutions is taking advantage of proposed new regulations aimed at reining in the sponsored access business.

Citi Opens Up Options Router

Citi will give its institutional customers direct access to its smart-order router for options trading.

ConvergEx Goes Three Deep

ConvergEx obtained Millennium when it bought NYFIX U.S. Transaction Services in November.

OES Launches Dark Pool

OES MarketGroup will launch a dark pool called ProSecurities this quarter.

InfoReach Gets Traders Going High-Speed Quickly

InfoReach wants to give smaller shops the tools to be high-frequency traders.

Quod Offers 'Adaptive Cross'

Proposed changes to rules governing dark pools could give a boost to technology supplied by smart-order-routing vendor Quod Financial.

UNX's New EMS + Business Model

The latest version of UNX's execution management system has been completely reworked to reflect the agency broker's new business model.

Outfoxing ETF Illiquidity

Fox River Execution, in Geneva, Ill., thinks it's come up with a solution to trade blocks of illiquid ETFs without capital. It developed Fox Spotlight, in conjunction with research collaboration from the giant ETF manager iShares.

StreamBase CEP System Adds Algos

Complex event processing system builder StreamBase added a suite of algorithms to its core system. The advantage the algos bring, the vendor said, is that users can customize and employ them rapidly.

Instinet Offers New Twist for Blocks

In a nod to the pervasive use of algorithms in executing blocks, Instinet has a new dark pool, called BLX, aimed at aggregating orders being worked in algos into larger trades.

NYSE Euronext to Launch UTP

NYSE Euronext plans to start rolling out its Universal Trading Platform in the U.S. in mid-October.

Twitter Meets AIM

Information sifters Psydex wants to help traders mine the river of news sources, feeds and tweets for nuggets they can use to inform their trading.

Bloomberg's Algo Goes on Autopilot

Bloomberg Tradebook added an enhancement to its liquidity-seeking algorithm to automate more of the trading process.