Operations & Technology

Software provider Kx Systems has released a new version of its data product, kdb+ v2.7, which allows customisable file compression and performance up to 20% faster than the previous version, according to the firm. read more »

Software provider Ciena has expanded its portfolio of ultra low-latency products for high-frequency trading firms, including both 1GbE and 10GbE cards for its CN4200 Flex Select advanced services platform. read more »

Trading software provider 4th Story has introduced new portfolio features to its automated trading strategy platform. read more »

Data and technology provider Thomson Reuters has launched its Elektron network in India in response to the demand for access to the market. read more »

Clearing house LCH.Clearnet plans to introduce free equity clearing for members that clear more than 150,000 trades a day on average. read more »

Buy-side firms have come out in support of the Committee of European Securities Regulators' recommendation for the organisation of transaction and position reporting on OTC derivatives, under the caveat that the obligation to transaction report is attached to market makers and broker-dealers. read more »

Retail-focused UK exchange group PLUS Markets intends to break even within two years by reducing technology costs and diversifying its product range and customer base, including new ventures in the wholesale securities and derivatives markets. read more »

Colt, a business communications and IT services provider, has launched two new trading networks in Europe, which it claims will operate at a significantly lower latency than other similar offerings. read more »

A patent awarded to risk management and surveillance technology provider FTEN could stave off a US$6 billion-plus regulatory burden on the US securities industry, the firm claims. read more »

Trading technology providers have begun to roll out links to recently unveiled Asian trading venues. read more »