Trading Systems Technology
Trading Systems Technology
Waters Information Services publishes Trading Systems Technology, Inside Market Data, and Dealing With Technology.
Settled In Already, CS First Boston’s New CIO Says He Won’t Cut Systems, Projects or Staff
By Craig McGuire
Having taken stock of the firm’s roster of projects, CS First Boston Corp.’s new chief information officer Ross Salinger says the firm will move ahead with the full gamut of its ongoing technology projects. Among them are … (Click Here to Read More)
Commonwealth’s New York Shoe Expected to Drop this Summer
By Craig McGuire
Commonwealth Bank of Australia (CBA) remains in the midst of finalizing plans for the New York City deployment of its worldwide trading room digital data distribution system. Though the bank expected to have completed the New York leg of the global project earlier this year, the facility is now expected to go live sometimes this summer … (Click Here to Read More)
Kapiti Parent Misys Will Buy Strapped Citydesk Vendor ACT
By Craig McGuire
UK-based software holding company Misys PLC has moved to acquire ACT Group PLC, a vendor of the Citydesk trading room digital data distribution system, among numerous other products. Misys already owns … (Click Here to Read More)
From Bloomberg to Superdot: Salamon Pilots Routing System
By Craig McGuire
As expected, Bloomberg Financial Markets has developed a system that allows institutions to send equity market orders from their Bloomberg terminals to the New York Stock Exchange’s Superdot order-routing system. The system is being piloted by … (Click Here to Read More)
Ex-Muni Staffers Sue CSFB for Lack of Closing Notice
By Craig McGuire
CS First Boston Corp.’s recent spate of layoffs has not been without its legal reverberations. Following their abrupt termination in mid-February, two former members of the firm’s municipal securities trading division led the filing of a class-action law suit in federal court against the firm …(Click Here to Read More)
Ahead of Move, First Boston Expects Trading Room to Get Bigger – But Technology Revolution Can Wait
By Craig McGuire
CS First Boston Corp. officials maintain that the impending relocation of the firm’s New York City operations to a building owned by the Metropolitan Life Insurance Co. in midtown Manhattan will not directly impact its trading room technology. “You don’t want to take the risk of moving to a whole new site and then change technology at the same time,” says First Boston Chief Information Officer …(Click Here to Read More)
In H-P, Telerate Deal, Commonwealth Bank Leases Systems, Outsources Support for 300-Plus Traders
By Craig McGuire
Commonwealth Bank of Australia, as expected, finalized plans to build a new world-wide trading room digital distribution system – a platform which by early December is slated to support some 320 of the bank’s traders in Australia …(Click Here to Read More)
JP Morgan Removes Lotus Real-time Spreadsheets from 600 Trader Desktops, Deploys Applix Instead
By Craig McGuire
JP Morgan & Co. last month installed Applix Inc.’s Applix Real Time spreadsheet system in support of some 600 of its traders in New York City and other locations. On those trader desktops where the Applix spreadsheet has been deployed …(Click Here to Read More)
Photo Credit: Rick Tap (Courtesy of Unsplash.com)