Latest Savvis News: Finextra Research

Bats chooses Savvis to host European platform

US-based Bats Trading, the all-electronic alternative to Nasdaq and Nyse, has selected IT vendor Savvis to host its new European equities platform which it plans to launch later this year.

14 April 2008

/wholesale

LSE links to Savvis global network

The London Stock Exchange (LSE) is teaming with US telecoms firm Savvis Communications to increase global connectivity and access to its market data.

28 March 2007

/wholesale

Savvis CEO McCormick quits after strip club scandal

US telecoms firm Savvis Communications says it has accepted the resignation of its chief executive Robert McCormick, who is currently embroiled in a scandal relating to an un-paid American Express bill for $241,000 which he allegedly rung up at a New York strip club.

24 November 2005

/wholesale

Reuters slapped with $50 million software suit; Savvis moves to dismiss 'strip club' action

Reuters is facing a $50 million patent lawsuit from a UK software house that threatens to derail the proposed $1.9 billion sale of its Instinet brokerage unit to Nasdaq.

17 November 2005

/wholesale

Savvis suspends CEO over strip club bill

US telecoms firm Savvis Communications has put its chief executive Robert McCormick on unpaid leave while it investigates allegations relating to an un-paid American Express bill for $241,000 which he allegedly racked up at a Manhattan strip club.

26 October 2005

/wholesale

Savvis recruits former SwiftNet FIX head Matt Fox

Savvis has recruited former SwiftNet FIX development head Matt Fox to lead its financial services strategy.

09 March 2005

/wholesale

EasyScreen launches EasyXchange service in US with Savvis

London-based EasyScreen is to use Savvis Communications' Financial Xchange network to launch and distribute its direct access futures and options trading platform, EasyXchange, in the US.

16 December 2003

/wholesale

HyperFeed and Savvis launch market data delivery utility

HyperFeed Technologies has partnered with financial IP network Savvis to launch the global 'Data Delivery Utility', a real-time market data and financial applications distribution service.

15 December 2003

/wholesale

ValuBond connects with Savvis

Fixed income trading platform ValuBond is to use Savvis' Financial Transaction Service to offer FIX network connectivity to its 300 brokerage users.

17 November 2003

/wholesale

Hyperfeed to deliver MEPS solution over Savvis' Intelligent IP network

HyperFeed Technologies has selected Savvis Communication's Intelligent IP Network multicast solution to deliver its Managed Exchange Platform Services (MEPS) market data system to financial institutions.

29 May 2003

/wholesale

LME outsources comms to Savvis

The London Metal Exchange (LME) has awarded Savvis Communications with a multi-million pound contract over three years for the provision of managed hosting and private networking services.

07 May 2003

/wholesale

Savvis Communications and InfoDyne in market data pact

Savvis Communications has formed a strategic alliance with InfoDyne Corporation, to deliver direct exchange data and transaction feeds to financial firms.

30 April 2003

Latest news