Tech Notes

Omaha, Neb.-based PrairieSmarts is rolling out software that looks at risks faced by securities in both the past and future.

So far, there's no clear direction as to whether buyside trading desks should keep management and execution of their orders in two separate systems or unify them in a single one.

ITG has added anti-gaming technology into the operation of its POSIT dark pool, to protect institutional traders from high-frequency trading firms trying to sniff out their orders.

Agency broker ITG announced a new algorithm designed to help traders better trade during the close, or the final 15 minutes of the day.

Institutional broker Weeden & Co. has released a new algorithm designed to capitalize on the increased trading activity near and at the equity market close.

ConvergEx Group is now offering an automated trading option for buysiders who want to trade before the equities mart opens.

InfoReach now offers buyside traders the ability to customize and configure their risk controls in real time across multiple asset classes.

Linedata has added functionality to its Trader+ trade and order management system that displays the names of the market centers at which users' orders are filled.

San Francisco-based 4th Story has begun to offer trading desks and brokers a full suite of analytics, data visualization and notification features.

Traders can now get Paladyne's order management system without having to purchase it as part of a larger, more expensive bundled trading solution.

Instinet has added functionality to its Newport execution management system that is intended to make it to use multiple brokers' algorithms. Newport's additional feature, dubbed "OneTicket," helps buyside traders who use a single EMS to access multiple brokers' algo strategies.

Livevol, a San Francisco-based vendor of equity options trading technology, has launched a new options trading system that includes a trade execution system, data and analytics tools and visual aids.

Direct Edge has built pre-trade risk controls, including automated and manual kill switches, into the software that matches orders on its EDGA and EDGX exchanges.

Barclays is now posting its low-touch trade advertisements in "near real-time" on Bloomberg's IOIA network.

BATS Global Markets has made its no-cost risk management tools available to all U.S. equities and option markets customers. Previously, they were available only to its sponsoring members.