Perseus Rolls Certified Time Service for Regulatory Compliance, Algo Trading
Perseus Telecom has rolled out a certified time service to allow trading firms to accurately timestamp market data and transactions for regulatory and algorithmic trading purposes. The service taps technology from Certichron, which Perseus is now selling and maintaining at a number of market data centres, with more to come. Certified time is a proprietary and...
NYSE Technologies to Distribute SMA Social Media Sentiment Analytics
NYSE Technologies has teamed with Chicago’s Social Market Analytics (SMA) to distribute the latter’s sentiment statistics, derived from social media, via its SFTI Network and its SuperFeed consolidated data feed. SMA’s engine extracts, evaluates and calculates data in real-time to attempt to generate directional and volatility indications on individual stocks, ETFs, sectors, and indices by...
The Conservative and Liberal Message: Taxes and Data Rates to Rise in 2013
There are some great certainties in life, such as taxes, death and so on. But death rates and taxes can go up and down. Not so with market data. There is no argument. Data rates always go up. Although 2012 was a notoriously poor year in terms of US trading volumes, aggregate market data traffic...
Fixnetix and Asperatus Capital Tap NovaSparks For HFT
Fixnetix and its long-time customer Asperatus Capital have tapped NovaSparks to provide them with ultra-low-latency direct market data via its FPGA-accelerated Matrix appliances. That data is used to fuel HFT strategies. Founded in 2009 in London, Asperatus is an established customer of Fixnetix, which provides it with infrastructure, hosting, co-location and connectivity services to a...
Datacom Panel: Life After HFT For FPGAs
High Frequency Trading, evolving applications and programming advances were key topics at “FPGA Advances in Market Trading” – a panel discussion held in New York City this week, hosted by Datacom Systems. The panel also included representation from Altera, ITRS, NovaSparks and Strike Technologies, and was moderated by Low-Latency.com. Among the issues debated was one...
Cisco, AdvancedIO and MayStreet Accelerate Market Data
Following on from the recent ‘real-life’ benchmarking of its Nexus 3548 switch, Cisco Systems has published a white paper on accelerating market data, working with AdvancedIO Systems and MayStreet. In the white paper – available here – different architectures are considered, including processing market data by software on a server versus performing filtering on an...
Q&A: Thomson Reuters’ Rich Brown on Machine Readable News, Social Media and Sentiment
BigDataForFinance.com’s sister community – Low-Latency.com – just conducted an insightful Q&A with Rich Brown, who leads machine readable news programs at Thomson Reuters. It’s a topic that spans both low latency and big data, and you can read it here.
Infinigon Group Generating Realtime Trading Signals From Twitter
New York City-based Infinigon Group is emerging from stealth mode and is working with select trading firms to test their software, which provides trading signals by analysing Twitter activity in real time. Infinigon’s web-based platform taps into the 400 million tweets delivered via the Twitter Firehouse, a real-time feed of all tweets, and applies proprietary...
Brits Say HFT Does Not Lead to Volatility
A report published by the U.K. government says that there is no evidence that high frequency trading leads to increased volatility, which is a key driver of market data rates. The report – The Future of Computer Trading in Financial Markets – by the U.K. government’s Office for Science – which is not a regulator...
Redline and Intel Highlight Proposed STAC-T1 “Tick to Trade” Benchmark
Redline Trading Solutions and Intel are highlighting performance benchmarks for the latest versions of Redline’s ticker plant and execution gateway software, conducted using the proposed STAC-T1 test harness designed to measure “Tick to Trade” latency. STAC-T1 – as administered along with other benchmarks by the Securities Technology Analysis Center – measures the latency of a...