Wednesday, 27 August 2014
Last updated 1 hour ago
Jun 1 2011 | 8:13am ET
NYSE Euroenxt today will launch its planned "cloud" platform, hoping to establish itself as the place to go on Wall Street for such technology.
NYSE's Capital Markets Community Platform, which will give clients direct access to NYSE's services, has already won some high-profile customers, including Millennium Partners and Goldman Sachs' high-frequency trading unit. The cloud platform, which gives clients access to NYSE data and analytics that they have previously had to store on their own systems, is part of NYSE's shift of its trading and data systems to a new Mahwah, N.J. facility.
NYSE is selling space in that facility to clients, including hedge funds, which hope to capitalize on the proximity to ensure the fastest possible trade execution.
"We're developing a set of services which enable customers to effectively outsource to us more and more of their commodity services that they depend on to run their business," NYSE Technologies' Ken Barnes told The Wall Street Journal. "Inside our private network, we're running applications and computing infrastructure to accomplish that goal."
NYSE's cloud platform is the result of a partnership between the Big Board, EMC Corp. and VMWare Inc.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...