Technology
Globaltec has launched Wizetrade TV, an online TV network dedicated to stock traders, offering 12 hours of daily real-time online financial programming. Wizetrade TV is a subscription-based online TV network that allows viewers to call or e-mail in their stock picks for on-air analysis by professional traders-turned-teachers. www.wizetradetv.com.
SunGard’s RegNMS-ready version of its BRASS solution suite is now available. Enhancements for order management and direct market access help provide sell-side equity trading firms with faster, more efficient access to liquidity and introduce capabilities to satisfy requirements for RegNMS. www.sungard.com/brass.
NinjaTrader LLC has released NinjaTrader 6, a free charting, analytics, system development and trade simulation for futures, forex, and equities. Enhancements include: system development and backtesting; chart-based order entry; advanced charting, market analyzer and third party support. www.ninjatrader.com.
TekFinancial Solutions has created a list of questions to assist IT decision makers at hedge funds and other financial institutions to determine if a hosted technology or application solution meets the criteria of service, security and support needed to succeed. www.tekfinancialsolutions.com.
Orc Software has released CameronFAST, an open architecture framework enabling ease of integration with other applications, delivered with sample FAST applications including FASTEncoder, FASTDecoder and FIXFASTProxy. www.orcsoftware.com.
Forex
Interbank FX has launched Interbank FX University, providing free educational resources to retail and professional forex traders. The online university offers text and PDF collateral and plans to include video, audio and flash collateral covering everything from the basics of the forex market to technical and fundamental analysis and various trading strategies. www.ibfxu.com.
Exchanges
The HedgeStreet Exchange will launch corporate action contracts to trade on anticipated revenues and earnings of publicly owned corporations, including Wal-Mart Inc. and ExxonMobil Corp. Liquidity is provided by Susquehanna International Group and DRW Trading Group. Also, HedgeStreet will list seven contracts on mergers and acquisitions, including: Sirius Satellite Radio/XM Satellite Radio, Microsoft/Yahoo, News Corporation/Dow Jones, Hershey/Cadbury, Deutsche Borse/International Securities Exchange, New York Stock Exchange/International Securities Exchange, NASDAQ/Philadelphia Stock Exchange. www.hedgestreet.com.
The Chicago Mercantile Exchange and Standard & Poor's Corp. have partnered to list E-mini Small Cap Stock Index Futures Contracts based on the S&P U.S. equity indices. www.cme.com.
Intercontinental Exchange announced electronic trading in key index futures contracts offered by the New York Board of Trade. The contracts include the U.S. Dollar Index and the Russell 1000 full-size and mini-sized indexes. www.theice.com.
The New York Mercantile Exchange will offer options for crude oil, natural gas, gold and
silver on the CME Globex for trade date June 25. www.nymexoncmeglobex.com. Also, Nymex and energy consultancy Oil Analytics today announced the launch of NYMEX Direct Analytics, a service to access key supply and demand data that drives global energy pricing. www.nymex.com/direct.
The Minneapolis Grain Exchange and Allendale Inc., the commodity research advisory firm, are now publishing trading tips every Tuesday afternoon. www.mgex.com.
The Philadelphia Stock Exchange: The following options were allocated to LaBranche Structured Products LLC: Akorn Inc., Directed Electronics Inc., Noble International Ltd., Horizon Lines Inc., Giant Industries Inc., BP Prudhoe Bay Royalty Trust, BlackRock Inc., ASTA Funding Inc., Werner Enterprises Inc., W.P. Stewart & Co. Ltd., Reuters Group PLC, Kronos Inc., Kinder Morgan Inc. The following were allocated to Citadel Derivatives Trading Group LLC: Hansen Natural Corporation;, Banco Bradesco S.A. ;BigBand Networks Inc.; Clearwire Corp.; Genesis Lease Ltd.; PAETEC Holding Corp.; Mueller Water Products Inc. – Class B; National Beverage Corp. Nissan Motor Co. Ltd. ; Northwest Airlines; Ryanair Holdings plc; SPDR Metals & Mining ETF; Steven Madden Ltd.; U.S. Global Investors Inc.; Volterra Semiconductor Corp.; China Sunergy Company Ltd. These were allocated to Market Street Securities: Winn-Dixie Stores Inc.; 24/7 Real Media Inc.; SK Telecom Company Ltd.; Hitachi Inc.; Genesis Healthcare Corp. These to LaBranche Structured Products LLC: Denny’s Corp. EastGroup Properties Inc.; Fulton Financial Corp.; Magna Entertainment Corp.; Brown Shoe Co. Inc.; Goodman Global Inc.; Landry’s Restaurants Inc.; Microtune Inc.; RELM Wireless Corp.; Transaction Systems Architects Inc.; And these to Susquehanna Investment Group: Anglo American plc; Echelon Corp. Daystar Technologies Inc.; Genesis Energy L.P. MeadWestvaco Corp. www.phlx.com.
Data
Arcontech, a developer of real-time market data software, has announced the first independent feed handler for Chi-X, the new pan-European ATS. Chi-X offers its market data at no cost to qualifying organizations and Arcontech’s CityVision makes this data available in a vendor-independent way. www.chi-x.com.
Brokerage
Interactive Brokers has added Hong Kong stocks and warrants to its direct access platform. Interactive Brokers continues to offer the trading of Hong Kong Futures with commissions for the Hang Seng Index and other Hong Kong futures contracts. www.interactivebrokers.com/en/trading/products.php.
optionsXpress Holdings Inc. has launched real-time portfolio margining to eligible customers of its broker-dealer subsidiaries, as well as real-time margin calculations and a suite of trade entry and position analysis tools designed specifically for portfolio margining. www.optionsxpress.com.
Rand Financial Services Inc. now offers access to the Dubai Mercantile Exchange, offering clients a transparent and liquid market for the trading crude oil futures and other petroleum based products. www.rand.com.