Financial Markets Data Centres Survive Sandy Devastation
Judging by feedback from various industry people in the New York City region, the principle data centres serving the financial markets survived the onslaught of Monday night’s Hurricane Sandy without any problems. One exception was a power issue at the 111 8th Avenue carrier hotel. Several data centres remain on generator power, though fuel deliveries...
Cisco and Friends Publish Real World Latency Statistics for Nexus 3548 Switch
Cisco Systems has teamed with a group of market data feed handler, latency management and integration vendors to produce an early set of real world latency statistics for its recently introduced Nexus 3548 switch. Apart from Cisco, the latency testing – which comprised a proof-of-concept implementation to show end-to-end latency validated with real-time market data...
Exegy Delivers Data Tone in Mahwah and Aurora
Exegy has made its Data Tone service, providing low-latency market data, available at NYSE Euronext’s Mahwah, NJ data centre, and at the Chicago Mercantile Exchange’s data centre in Aurora, Il. Data Tone provides low cost feeds as a service, leveraging Exegy’s ticker plant. At Mahwah, Exegy is offering access to NYSE data feeds, and in...
Telx Lowers Latency to NYSE Mahwah
Proximity data centre operator Telx is tapping into new fibre routes from Cross River Fiber to lower latency to NYSE Euronext’s Mahwah, NJ data centre. Cross River’s new fibre runs directly through Clifton, NJ where Telx operates its existing NJR2 data centre, with NJR3 under construction. The fibre then runs on to Secaucus, NJ (where...
Q&A: Interxion’s Patrick Lastennet on Demand For Co-Lo, Clouds and Big Data
We’ve been seeing a continued focus on companies that offer data centres for co-location and proximity, and how they are proving attractive offerings to trading firms needing to navigate an increasing regulatory landscape, and also to vendors looking to tap into liquidity hubs. IntelligentTradingTechnology.com spoke to Interxion’s director of marketing and business development for financial...
Hibernia Connects to Amazon Cloud
Hibernia Atlantic is connecting its global network into Amazon’s AWS cloud platform, via the latter’s AWS Direct Connect facility, which provides higher bandwidth and possibly lower costs, compared to internet connectivity. AWS Direct Connect is available at several Amazon platform instances, including those in New York City, Virginia, California, plus London in the UK and...
Considerations for Low Latency in Asia Pacific – Part 2 – Infrastructure Development
In the not too distant past, Asia was thought to have a lower quality infrastructure than developed nations in North America and Europe. However, widespread government investment in infrastructure projects in the region has seen significant improvements in core underlying infrastructure critical to stable trading platforms. [Before you continue, you might want to read Part...
Considerations for Low Latency in Asia Pacific – Part 1 – Growth and Drivers
Asian markets are undergoing a paradigm shift as they mature, grow and react to the redistribution of global wealth. Markets in the US and Europe have been undergoing rapid change over the last few years with volumes rising, spreads tightening, and significant growth in high frequency and algorithmic trading, together with widespread regulatory change. Some...
Q&A: August’s Low Down on Latency with Pete Harris
Continuing the monthly Q&A where I cover some of the questions I get asked as I interact with the IntelligentTradingTechnology.com community … from Knight Capital to Correlix to wireless. Q: How much was low latency technology to blame for the huge trading loss at Knight Capital? A: Blame? Not at all in my book. For...
Q&A: Bay Microsystems’ Gerry Jankauskas on Wide Area Network Latency Optimisation
As trading firms roll out their operations across geographies, connectivity and associated latency considerations move focus from local network fabrics to wide area ones. And that presents many new challenges. IntelligentTradingTechnology.com connected with Gerry Jankauskas, CTO at Bay Microsystems, to find out what part his company plays in the solution. Q: When was Bay Microsystems...