Can Emerging Markets Resist The Algo Trading Bug in 2012?
As algorithmic trading continues to evolve, it is my view that we will start to witness more firms using their systems to trade equities not only from the U.S. and Europe, but also from the Middle Eastern, Latin America and Asian markets. The latest announcement that Colt’s sister company KVH will be expanding its low-latency...
Q&A: IPC’s Joe Pickel on Network-As-A-Service
IPC Systems recently introduced Connexus, a financial markets extranet, for ready access to its trading ecosystem. IntelligentTradingTechnology.com spoke to the company’s vice president of network services product management Joe Pickel to find out more. Q: IPC has been in the network/connectivity business for quite some time, so what’s new and different about Connexus? A: We...
Data Growth Causes Increase in Financial Infrastructure Externalisation
After President Obama passed the Dodd-Frank Act last year, in an effort to avoid another financial crisis like the one in 2008, Europe is following suit with MiFID 2. While both of these regulations aim to increase transparency into financial markets and, specifically, over-the-counter (OTC) derivatives, the impact of MiFID 2 isn’t likely to be...
FIN to Underpin Latam Arbitrage
Trading systems vendor Fundamental Interactions (FIN) will play a key role in a proposed electronic market in Latin America, which would trade American Depository Receipts for U.S. and Canadian stocks that are linked to Latam securities, as well as other products. According to Bloomberg, the market will be located in one of Costa Rica, El...
We’re Back … With Some Industry Views …
Welcome to 2012 from Low-Latency.com! We hope it will be a year of success and prosperity for all in our community. We ended last year with a few of our own predictions, to to get this one going, we asked some of our friends what they expected to see over the next 12 months. Here...
Q&A: Joshua Walsky of Broadway Technology on Functional Scale and “Build and Buy”
Any trading technology firm that is co-headquartered in New York City and Austin, Texas, gets my attention, even when it’s been flying under the radar for the past few years. Now, Broadway Technology is taking investment from its clients – including Goldman Sachs – to accelerate its rate of growth. IntelligentTradingTechnology.com caught up with the...
Signing Off for The Holidays … With Some Predictions ..
Low-Latency.com is taking a little break for the holidays, so now is the time to extend seasonal greetings to our community, and to wish everyone well for 2012. But we thought we’d leave you with some personal predictions for the next year … – Low latency covers a broad spectrum. Reducing milliseconds is for some...
Collaborating To Make FIX Go Fastest
It used to be that when FIX protocol communication was needed, a trading firm would simply buy an off-the-shelf gateway/engine, install it and treat it as a black box, much like a network router. But with the advent of multi-asset class automated trading – including algo and HFT – firms are looking to optimise the...
Options IT Deploys Virtual Exchange from FIN
Managed services provider Options IT has gone live with an order matching service from Fundamental Interactions, with two initial customers – a broker/dealer and an Alternative Trading System – with early trade flow of around 60 million shares per day. Deployed on the Options PIPE managed infrastructure – which offers co-located infrastructure, access to market...
Being Smart About Being Fast – One Speed Does Not Fit All
As the trading landscape has undergone significant changes over the last several years, financial institutions have developed an insatiable need for low latency. Infrastructures that once had to handle a maximum of 50 trades per second, now must process thousands – an increase of more than 1,900%. However, aiming to gain the lowest latency possible...