About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Argon Design Delivers Ultra-Low Latency Trading System to Prop Shop

Subscribe to our newsletter

Argon Design, a Cambridge, UK-based engineering design consultancy, has developed an ultra-low latency financial trading system for a proprietary trading firm doing latency arbitrage on a leading exchange in the US. The system went live in May and builds on Argon’s September 2013 introduction of high-performance trading technology that combines the benefits of field programmable gate arrays (FPGAs) and x86 server technologies.

Steve Barlow, chief technology officer at Argon Design, explains that the prop trading firm has moved from proof of concept to production with the technology, allowing it to create a more complete arbitrage trading system with sophisticated triggers rather than simple setups that ran during testing.

Argon Design focuses on bespoke systems with specialised engineering, so for this client it built the order book and customised its technology approach to fit the firm’s strategies. The system was tailored to the firm’s applications and designed to run statistics on top of the order book, allowing the firm to calculate metrics such as moving averages while operating with very basic network impact.

Typically, Argon targets small to medium-sized trading firms with its technology, but Barlow remarks that there is a wide variety of customisation that can be done for different use cases. Looking forward, he is interested in finding out how Argon’s complex system design capabilities can be tested with a larger client.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Navigating the Build vs Buy Dilemma: Cloud Strategies for Accelerating Quantitative Research

Date: 20 May 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes For many quantitative trading firms and asset managers, building a self-provisioned historical market data environment remains one of the most time-consuming and resource-intensive steps in establishing a new research capability. Sourcing data, normalising symbologies, handling corporate actions and maintaining...

BLOG

Teciem Launches with New Investment Focus on Treasury, Capital Markets, Risk and Regulatory Technology

When Teciem formally launched as a standalone company in early February, it marked the culmination of a process that had been several years in the making. The business, formerly Finastra’s Treasury and Capital Markets (TCM) unit, now operates independently with a singular focus: delivering mission-critical technology for treasury, capital markets, risk management and regulatory compliance....

EVENT

RepRisk Sustainability Breakfast Roundtable London

The London sustainability breakfast is part of the global roundtable thought leadership event series hosted by RepRisk in key markets, including, New York, Toronto, London, Frankfurt, Oslo, Copenhagen, Stockholm, Hong Kong and Singapore in 2026.

GUIDE

ESG Data Handbook 2022

The ESG landscape is changing faster than anyone could have imagined even five years ago. With tens of trillions of dollars expected to have been committed to sustainable assets by the end of the decade, it’s never been more important for financial institutions of all sizes to stay abreast of changes in the ESG data...