Direct feeds for bond market data
Published: 16 July 2007 15:50 GMT
European electronic bonds trading platform EuroMTS has struck a deal with Fixnetix which will see the telecoms company deliver fixed-income data direct to its customers.
The trading platform deals in Eurobenchmark bonds from governments, including Austria, Belgium, Germany, Greece, Ireland, Italy and Spain, in volumes of more than €100bn per day.
silicon.com Financial Services
Get the latest financial services news straight to your inbox. Sign up for the FS newsletter today!
The service was chosen because the Fixnetix offers ultra-low latency throughput, allowing MTS' customers to receive real-time bond data at very high speed, direct into their automated trading systems.
EuroMTS head of market data, Rafah Hanna, told silicon.com this facility opens the platform up to algorithmic programme trading, a process where human decision-making is replaced with rules-based automated trading at high speed.
Cheat Sheets
♦ Basel II
♦ MiFID
♦ Sarbanes-Oxley
He said: "Many of MTS' investment bank partners will find this deal an important development, as it gives them a direct feed for bond market data, rather than going through a traditional data feed [such as Reuters or Bloomberg]. It is also important to us because it opens up another user base interested in algorithmic program trading."
They are seeking experienced C++ developers with strong business acumen and a proven track record of working closely with algorithmic traders to ...
An Investment Bank in London are currently seeking an Algorithmic / Automated Trading Team Lead to work in an established global trading area where ...
Algorithmic Trading Java Developer (Pricing/Real-Time/Market Data) Algorithmic Trading Java Developer (Pricing/Real-Time/Market Data). Senior Java ...
Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.
Stories from the web...
Copyright © 2008 CBS Interactive Limited. All rights reserved. Top of page
Tim Ferguson
On a new Voyager, tackling fraud and the intellectual challenge
Interview: Nationwide IT director, Peter Stafford
Nick Heath
David Lister on smart grids and why he left RBS
Interview: National Grid CIO
Andy Jones
Why banks will push ahead with offshoring
Comment: Even if they don't want to
Catherine Stagg-Macey
Legacy IT holding back insurers
Comment: Economic crisis means finance giants must step lively
Julian Goldsmith
The City fund manager with no IT department
Q&A: How asset management is embracing the cloud...
Peter Cochrane
Peter Cochrane's Blog: How tech can solve the banking crisis
Bring on a machine-based economy