Exegy Plans Integrated FPGA and Microprocessor Solutions
Exegy is integrating its field programmable gate array (FPGA) hardware with Intel microprocessors to support low-latency services that can benefit from both technologies. The company has early engineering samples of boxes containing both FPGAs and microprocessors, and says release dates depend on Intel’s final integration schedule. Intel’s roadmap towards more tightly integrated FPGA and traditional...
Going Big, Not Going Home
As operational applications in the financial services industry — mirroring their cousins in general business apps and consumer services apps — continue to get smaller and sleeker, Chicago-based electronic trading technologies provider Trading Technologies (TT) is taking the opposite tack. Since December, TT has gradually rolled out its new service TT Desktop, which offers complex...
‘Tick To Trade’ Emerges As Latency Solution
The latency solution developed jointly by Solarflare and LDA Technologies has delivered a lower latency by figuring out how to push packets of information through their system faster and more directly, explains Ahmet Houssein, vice president of marketing at Solarflare. Using the “tick-to-trade” method of picking up packets sent through a user datagram protocol (UDP),...
Time-stamping Needs To Be Better Than Regulators Require, Providers Say
Although the requirement for time-stamping set by Europe’s MiFID II regulation and for the US Consolidated Audit Trail (CAT) is within 100 microseconds of the recognised standard UTC time, in practice firms and exchanges will need their reporting to be accurate down to nanoseconds or just a few microseconds, according to time-stamping services providers. “High-frequency...
The CAT Controversy
By Kelvin To, founder and president of Data Boiler Technologies AutoCAD has been the de facto computer-aided design (CAD) program for engineers for so long that it’s like an acronym for anything that is professionally engineered, designed and created. In capital markets, the Securities and Exchange Commission (SEC) has adopted rule 613 to establish the...
NovaSparks Adds NovaLink to Provide FPGA to FPGA Tick to Trade Link
NovaSparks has added NovaLink to its portfolio of field programmable gate array (FPGA) solutions, creating an FPGA-to-FPGA tick to trade link that allows trading firms to receive NovaSparks ticker plant market data directly into their FPGA trading systems. NovaLink avoids the need for market data to be consumed by data server software and distributed using...
TMX Atrium Adopts NPL Time to Offer Accurate Time Stamp Service
TMX Atrium has signed an agreement with the UK’s National Physical Laboratory (NPL) to distribute NPL Time, a certified and precise time signal that is directly traceable to Coordinated Universal Time and can be used by TMX Atrium customers for regulatory compliance and audit purposes. TMX Atrium’s adoption of the NPL Time service is designed...
Velocimetrics Releases First Major TipOff Upgrade Since TSA Licensing Deal
In its first major release since licensing TS Associates’ TipOff latency measurement system a year ago, London-based infrastructure monitoring specialist Velocimetrics has unveiled a new range of high performance TipOff appliances, one of which offers more than six times the storage capacity of previous appliances. The new appliance range will also underpin future releases of...
MetaMako Launches MetaApp Latency-Reduction Device
By Zoe Schiff Low latency trading specialist Metamako has launched MetaApp, a latency-reduction device aimed at the trading and exchange communities and the telcos that provide them with connectivity. MetaApp seeks to address firms’ growing requirement for flexibility and determinism in their efforts to establish and support low-latency infrastructures in support of fast market access....
Azul and C24 Offer Compact In-Memory Storage Solution for Zing
Java specialist Azul Systems and messaging provider C24 Technologies have combined their expertise to deliver an in-memory storage solution compromising C24’s Simple Data Objects (SDO) message compaction technology integrated with Azul’s Zing Java virtual machine (JVM). The solution supports the Financial Products Markup Language (FpML), as well as FIX and ISO 20022 corporate actions messaging...