Talking Intelligent Trading with Andrew Delaney: Three Keynotes You Need to Hear
This week, we’ve been banging on about the lineup for our inaugural Intelligent Trading Summit in London next Tuesday, offering a bit of a taster of what to expect from the day’s panel discussions. It’s worth pointing out, though, that we’ve also managed to line up some great keynote presentations from industry people we have...
Perseus Telecom Acquires Microwave Connectivity Provider TLV Networks
Perseus Telecom, a privately held provider of high speed global connectivity, has acquired TLV Networks and its ultra-low latency microwave connectivity between CME’s Aurora data centre and ICE at Equinix’s 350 Cermak Road data centre in Chicago. The all cash transaction completes today and transfers TLV Networks’ hardware, spectrum, design and operational service to Perseus,...
Opinion: Hybrid Algorithm Development Environments for Intelligent Trading
By Jamie Oschefski, Head of Accounts and Strategic Partnerships, Quantica Trading It is becoming clear the latency arms race is quickly becoming a theme of the past. The fastest microwave networks between Aurora, Ill., and Carteret, NJ, is currently clocked at about 4.14ms (one-way), where the theoretical minimum is 3.95ms based on the speed of...
Can Operational Analytics & Performance Measurement Boost Trading Returns?
Latency measurement is an established practice that has been used with great success to optimize trading connections for business advantage, but will operational analytics become the next big business differentiator? A panel of industry experts at our A-Team Group Intelligent Trading Summit on March 4 in London will now discuss whether this latest development is...
Talking Intelligent Trading With Andrew Delaney: A New Summit Takes Shape
A week after I last chimed in about our Intelligent Trading Summit in London on March 4 – to be reprised in New York on May 13 – our programme is taking shape. What we’ve pulled together is yet another step in our journey from Low Latency infrastructures into the very brave new world of...
TMX Group Switches to Ullink for Pre-Trade Risk Management
TMX Group, operator of the Toronto Stock Exchange, is planning to migrate equity trading customers using Mantara pre-trade risk management and connectivity tools to Ullink solutions. TMX has maintained Mantara products since the company filed for Chapter 11 bankruptcy in October last year, but will cease to do so once it is up and running...
Managed Services in the Mainstream – It’s Not Just About Cost Anymore
Are managed services coming of age as providers of front-office trading capabilities? Certainly some of the trends we are seeing suggest they are. It was not so long ago when investment banks and other sell-side trading rooms were able to push the managed services debate into the long-grass, citing control, security and competitive advantage as...
OptionsCity Extends Hosting of Metro and Freeway Trading Platforms to London
OptionsCity has extended the hosting of its Metro electronic trading and market making platform and Freeway multi-asset trading engine to London, taking up residence in both the Interxion data centre in Brick Lane, East London and the NYSE data centre in Basildon, east of London. The company’s arrival in London at the end of last...
Options Adds Quincy Extreme Data as it Builds Out Pipe Velocity Platform
Options, a provider of trading infrastructure-as-a-service, has partnered Quincy Data to offer its customers trading at Equinix NY4 and the CME access to the Quincy Extreme Data ultra low latency market data service. The addition of Quincy Extreme Data to Options’ Pipe Velocity electronic trading infrastructure solution was driven by a request from an investment...
Bank Vontobel Selects smartTrade Platform for Foreign Exchange Trading
Bank Vontobel has selected smartTrade Technologies’ hosted LiquidityFX platform to support a new foreign exchange service for spot, forwards and swaps trading. The bank opted for the LiquidityFX solution ahead of other options on the basis of its rich functionality and fast time to market. Urs Bernegger, head of RM and advisory FX/PM at Bank...