The Connected World of Connectivity
What is connectivity? How to define connectivity in the high-performance trading infrastructure segment depends on where you sit in what’s increasingly viewed as the financial ecosystem. At the FISD’s recent Low-Latency Roundtable event in London, I asked a group of esteemed supplier panellists how financial markets users should decide on which application type is the...
Go East Young Man
They say timing is everything, so perhaps it was fortuitous that I managed to catch up with David Stanton – Cable & Wireless Worldwide’s man in Singapore – just a few days before news of Singapore Exchange’s interest in the Australian Stock Exchange hit the wires. But as I’ve noted here in the past few...
A Random Walk Down Brick Lane
Having spent some time last year at Equinix’s LD4 data centre in Slough for a piece in our A-Team Insight Quarterly magazine – and getting an exclusive preview of the LD5 facility, then under construction, I jumped at the chance last week to tour Interxion’s Brick Lane site. To paraphrase (badly) Camper Van Beethoven’s Take the...
Opinion: New Wall Street Film Shows That Technology Never Sleeps
By Dr Giles Nelson, Deputy CTO, Progress Software The latest Wall Street movie – ‘Money Never Sleeps’ – opens with Gordon Gekko, the man who so famously stated “Greed is good” in the first film, being released from jail. It’s a comical scene, contrasting the technology of the ’80s to the tech of today as...
Hibernia Aims to Undercut Latency with Express New York to London Link
Hibernia Atlantic is planning a sub 60 millisecond latency cable link between New York and London, claiming that none of its competitors will be able to beat its speed in the timeframe before the cable carries low latency data for high frequency traders in mid-2012. Hibernia says the 60ms New York to London round trip...
A-Team Insight Exchange Takes a Holistic Approach to Latency
Next week’s A-Team Insight Exchange event in London will feature a number of sessions that focus on latency and how to reduce it – not only through fast messaging middleware and co-location, but across an entire trading system stack – hardware, software and network. One session in the Insight Conference – “Beyond Equities and Sub-Microsecond...
Plus Markets Puts Algo Technologies at Heart of New Exchange Plans
Plus Markets’ plans to develop a competitive stock exchange by creating new products and services on the basis of its status as a recognised investment exchange are underpinned by a technology strategy that builds on Algo Technologies’ software. The exchange’s change in business strategy results from a five month review that ended in late August...
NYSE Technologies Names Connectivity Providers for Basildon Liquidity Centre
NYSE Technologies has named Colt, euNetworks and Verizon as connectivity providers for co-location customers accessing NYSE Euronext’s European liquidity centre in Basildon, Essex. The trio will supply connectivity to NYSE Euronext’s Secure Financial Transactions Infrastructure (SFTI) access centres, enabling co-location customers to then use the NYSE Technologies’ SFTI Optic service to ensure low latency access...
SEC’s HFT Proposals Could Boost Tech Vendors’ Fortunes
High-frequency trading is high on the agenda of the Securities and Exchange Commission (SEC) and two recently proposed rule changes could lead to a boon for technology providers. However, industry insiders caution that the SEC must be careful not to leak any intellectual property data it may gather from its increased surveillance of high frequency...
Bordeaux Dispatch – Extending the Tentacles
Actually, I used Bordeaux to get your attention. I write this blog from rural Perigord – the village of Bourdeilles, to be exact – which sits close to some wine appellations that are regarded as Bordeaux, like St. Emilion and Pomerol. So, yes, it’s a stretch. But there is a theme at play here. Bourdeilles...