A provider of ultra-low latency solutions for capital markets, LDA Technologies (LDA) is launching a multicast data distribution system that handles synchronization at network endpoints, which is intended to bring fairness to market data distribution, officials say. “Exchanges strive to deliver market data to all customers simultaneously, but some of the switches in their infrastructure… Read More >>
Duo Launches Digital Contracts Solution for Market Data
Broadhead Technologies and Crown Jewel Consultants (CJC) have combined forces and are officially launching a digital contracts solution for market data — Digital Rights for Data Management (DRDM) — based on distributed ledger technology (DLT) that its backers say could change how financial services firms and market data providers manage digital rights and data usage… Read More >>
CQG Founder Transfers Ownership to Senior Executives
A group of senior executives at trading software provider CQG has acquired the privately held company from owner Tim Mather, who founded the company in 1980, officials say. Mather and Ryan Moroney, the current CEO of CQG, have been “focused on a transition plan when he was ready to step away that would put the… Read More >>
JPMorgan & Bloomberg Link Custodial Support to OMS
Bloomberg Works With JPMorgan Securities Services Data integration and “frictionless” workflows are the main goals of a new collaboration between JPMorgan’s Securities Services and Bloomberg. The news and market data vendor is working with the services provider business of JPMorgan to offer buy-side firms a new integration that will allow them to work from the… Read More >>
WH Trading Uses QuantHouse for Faster Exchange Links
Proprietary derivatives trading firm WH Trading is using a single provider, QuantHouse, for low latency access to U.S., European and Asian financial markets and links to multiple data sources in an effort to cut costs and facilitate fast, onsite connections to key exchanges and trading venues. The Chicago-based firm is using QuantHouse’s QuantLINK order-routing and… Read More >>
