RBC Capital Markets Opts for Wombat Platform.Proprietary Trading Proprietary Trading When a firm trades for direct gain instead of commission dollars. Essentially, the firm has decided to profit from the market rather than commissions from processing trades. Desk Builds Platform with Growth in Mind NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Wombat Financial Software, Inc., the fast growing high speed ticker plant provider, today announced that RBC Capital Markets RBC Capital Markets is the corporate and investment banking division of Royal Bank of Canada ("RBC"). Broker dealers Depending on the jurisdiction, the division uses different broker dealer subsidiaries of RBC:
RBC Capital Markets will deploy Wombat's MAMA platform atop TIBCO/Rendezvous(TM) messaging software. While Rendezvous(TM) provides the core application-to-application messaging, the Wombat Platform overlays a suite of market data specific programming interfaces, quality of service controls, entitlements control capabilities and off-the-shelf feed handlers. Uniquely, Wombat's "middleware agnostic" programming interfaces will allow RBC RBC red blood cell. RBC or rbc abbr. red blood cell RBC, n See red blood cell count. RBC red blood cells; red blood (cell) count (see blood count). to upgrade its middleware over time as technologies evolve without having to recode Verb 1. recode - put into a different code; rearrange mentally; "People recode and restructure information in order to remember it" rearrange - put into a new order or arrangement; "Please rearrange these files"; "rearrange the furniture in my room" applications. RBC Capital Markets' proprietary trading desk made the decision to adopt the Wombat Platform after seeing the performance benefits that Wombat's market data infrastructure could offer, the breadth of Wombat's product portfolio, and the company's reputation for diligent customer service and support. "With market data you have a capacity problem that generally doubles in magnitude every year. We believe a platform which can decouple you from the limitations of any single messaging transport can be a very effective risk management tool and can better equip capital markets participants to cope with these volatile markets," said Daniel Moore, COO of Wombat. About Wombat Wombat enables limitless connectivity to the global markets through the world's most advanced high speed market data infrastructure, the Wombat Platform. With offices in the US and UK, Wombat software underpins automated market-making systems, electronic-trading floors and tick-capture platforms in financial institutions around the world. The Wombat Platform includes Wombat Feed Handlers, providing sub-millisecond connectivity to more than 80 direct exchange and aggregated vendor feeds; Wombat Transport, enabling high speed, multi-protocol messaging throughout the enterprise; Wombat APIs; and Wombat value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. servers such as the Wombat SuperBook virtual order book consolidator and the Wombat DBAC DBAC Deep Bleeder Acoustic Coagulation (DARPA Strategic Technology Office program) DBAC Data Base Administration Center DBAC Darasamutr Business Administration College (Thailand) tick-capture adapter. For more information, visit http://www.wombatfs.com. About RBC Capital Markets RBC Capital Markets is the corporate and investment banking arm of RBC Financial Group and is active globally in fixed income, foreign exchange, infrastructure finance, structured products, metals and mining, and energy. Its North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. equity underwriting; sales, trading and research business dominates the Canadian market and supports a significant and growing franchise in the US middle market. The firm's international fixed income, structured products and treasury businesses are managed from London, which is the centre of a 24-hour trading platform with major hubs in Toronto, New York and Sydney. For further detail on RBC Capital Markets, visit: http://www.rbccm.com/ TIB/Rendezvous is a trademark or registered trademark of TIBCO Software Inc. All other trademarks, registered trademarks, and service marks are the property of their respective owners. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion