Summit Compute Panel – Mantara’s Arnold on Leveraging Technology
Concluding our coverage of last month’s Low-Latency Summit in New York City, the compute panel allowed Mantara chief architect David Arnold to discuss how the trading application vendor leverages technologies to reduce latency. Mantara provides a platform for market data delivery, order routing and pre-trade risk, with customers requiring performance across the latency spectrum. As...
Exegy Adds B-Pipe; Integrates Consolidated and Direct Data Feeds
With the integration of Bloomberg’s B-Pipe, Exegy is supporting its first consolidated data feed on its ticker plant appliance, augmenting the direct data feed coverage that it already offers. The implementation is already live at one hedge fund customer in London, say company execs. B-Pipe offers coverage from “250 exchanges and thousands of data sources...
Nasdaq OMX Preps UltraFeed – for Equities, Options and Futures
NYSE Euronext has SuperFeed, so it’s perhaps no surprise that rival Nasdaq OMX is planning next year to release UltraFeed – a consolidated feed of North American equities, options and futures trade and quote data. And it’s enlisted Quodd Financial Information Services as its first customer and redistributor. UltraFeed will be a normalised data feed...
Activ Adds Emerging Markets, FX … Looks Beyond Latency
Activ Financial has been busy in the feed handler department, having recently added a bundle of emerging markets to its offering, as well as expanding its foreign exchange service. The company’s goal is to build out its global coverage both in terms of geography and asset class coverage as it looks beyond the “saturated” world...
Celoxica Extends FPGAs to Transactions, HFT Futures
With the release of its latest Container offering, Celoxica – an early adopter of FPGA (Field Programmable Gate Array) technology for market data feed handling – is extending its functionality to handle transactional messages, such as outbound orders. The focus of this new functionality – says Celoxica president Lee Staines – is to support trading...
NovaSparks Cites Nanosecond Performance of FPGA Data Appliance
NovaSparks has released performance data for its FPGA-based data feed appliance based on the highly volatile market conditions in August, noting average latencies of 400 nanoseconds, and extreme cases of 900 nanoseconds. On test was NovaSparks’ Gen2 appliance, which is based entirely on FPGA (Field Programmable Gate Array) technology (i.e. unlike some competing products, no...
FX Market Data Woes: Formats, Latency, Cost
StreamBase Systems just released the results of its 3rd annual survey of FX trading and technology issues and trends. Some 135 firms were surveyed, the majority on the buy side. This resulted in lots of facts, figures, pie charts, bar charts, and a few qualitative remarks, with worries about regulation and increased transparency being top...
Market Data Peaks Smashes Through 5 Million!
Wow! My favourite website MarketDataPeaks.com hit 5.12 million messages/second – a new record – on June 30. In part, the new peak is because the service is now including NYSE’s OpenBook Ultra, which only recently got added with an update to the site. Also, the update fixed an issue with OPRA, which was being under...
STAC Points to Everest Boost
Via a report sponsored by data feed handler specialists SR Labs, the benchmarkers at STAC have just announced data for initial tests run on Intel’s recently-introduced Everest chip. Compared to Intel’s standard Westmere chip, one data point suggests a 22% reduction in mean latency. Everest – or Intel’s Xeon X5698 – is a dual core...
NYSE Technologies Announces Community Platform; IaaS Play for Capital Markets
With the announcement today of its Capital Markets Community Platform, NYSE Technologies is bringing cloud computing into the world of electronic trading and low latency. Well, kind of. Already an established provider of hosted, managed services, such as its Superfeed data feed, and its Risk Management Gateway for pre-trade risk controls, the vendor – a...