About Tibco’s Acquisition of StreamBase
For those that have not heard, Tibco Software has acquired StreamBase Systems. Sure, the deal adds complex event processing to messaging, and if it had happened a few years back that probably would have been the story. But while low(-er) latency is part of many data integration plays these days, the driver for this marriage...
Czech Securities Trader RSJ Uses Kx’s kdb+ to Handle 255 Million Records a Day
Prague-based securities trader RSJ evaluated a number of open source databases and SAP’s Sybase IQ solution before selecting Kx Systems’ kdb+ database platform to support its algorithmic trading. Kdb+ replaces in-house developed proprietary solutions at RSJ, which is the largest trader of financial derivatives in the Czech Republic, the biggest trader on NYSE Liffe and...
In-Memory Heats Up for Low Latency and Big Data
Last week I was in Orlando for SAP’s SAPPHIRE NOW event, where the main focus was not on the company’s highly successful business and data warehouse applications – revenues in 2012 were around $20 billion – but on a product introduced in late 2010 and said to be its fastest selling ever. Mysteriously named HANA...
Turning Up the Volume on Wireless
Judging by the views of a number of wireless network equipment manufacturers and service providers participating in last week’s Low-Latency Summit in New York City, demand from trading firms for low-latency wireless connectivity is strong despite the challenges of reliability, limited bandwidth and cost. Speaking as part of the “Are You Tuning In to Wireless?”...
AlgoFast Plans to Build Up Partner Program and Push Down Latency
AlgoFast’s first partnership with another independent software vendor, trade routing, market data and technical analysis specialist CQG, takes the company a step closer to its ultimate goal of providing its algorithmic event trading software to the online retail market. The partnership allows CQG to supply AlgoFast’s software with its global market data and trade execution...
BT Extends Radianz Base with Move into Interxion’s London Data Centre
BT’s decision to deploy a range of BT Radianz services at Interxion’s Brick Lane, City of London data centre marks the company’s second move into a carrier neutral collocation data centre in London following a deal to run services out of Equinix data centres, including a London location, in April last year. The company says...
S&P Capital IQ Details First Data Service Using Real-Time Technology Acquired with QuantHouse
S&P Capital IQ has gone live with its first data solution based on real-time technology for exchange and market data distribution acquired with QuantHouse in April 2012. The company’s consolidated financial data feed has been up and running since early March and offers normalised, real-time global content from 110 exchanges that can be accessed using...
Victory Snaps Up Sailfish; Expands to New Geographies, Asset Classes
Chicago-based Victory Networks, which provides co-location and technology services to boutique trading firms, has acquired New York City’s SailFish Systems in order to expand its services into new geographies and asset classes. Driving the combination are the technology needs of a growing number of startups being created by algorithmic traders leaving major players. These new...
TBricks Taps QuantLINK and QuantFEED for Hosted Trading Service
Trading system TBricks has rolled out a managed, hosted variant of its automated trading software, and has partnered with S&P Capital IQ to provide market connectivity and data. TBricks OnDemand has been rolled out in Stockholm, London, Frankfurt and Chicago. TBricks provides tools to allow manual and low-latency automated trading in the global markets, including options...
Towards Intelligent Trading: Anova Rolls Microwave to DC News Hub
Anova Technologies is taking control of a microwave wireless network connecting Equinix’s key economic news distribution hub in Washington, DC to Nasdaq OMX’s data centre in Carteret, NJ. In so doing, it’s directly connecting news sources at lowest latency into the trading markets, allowing firms to trade from signals themselves, and not from responding to...