The new version of Market Trader integrates market data information components within the Market Trader display. These components are able to display news and pricing information from any of the supported market data feeds including Reuters and Moneyline Telerate. In addition, filters can be applied to sectors, or specific instrument lists enabling the configuration of the data screen to the needs of the individual user.
This integration of real time market news and financial data display and exchange trading capabilities within a single workstation provides users with a highly functional tool for both monitoring and participation in the markets.
In parallel to these enhancements, Misys is developing data feed handlers to use independent vendor supplied data as a source for both market data (via Market Watch) and trading data (via Market Trader in Europe). Delivering data directly into the Market Trader order book removes the need for a dedicated exchange feed and its associated increased bandwidth requirement.
Andrew Murray, Product Manager at Misys observed that, "This development is in line with our strategy of working with our clients to provide solutions that enhance their operations. The ability to satisfy all data requirements from a single, independent source benefits the client's business as market data costs are significantly reduced. The wave trading capability enables our customers to trade more efficiently particularly in volatile market situations."
The latest release of Market Trader is undergoing implementation at two new client sites and is available as an upgrade to existing clients.