About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Cantor Evaluating Calxeda ARM Chips for 10x Breakthrough

Subscribe to our newsletter

“I think the Calxeda-ARM machine is an exciting step … I’m evaluating carefully how it can impact the metrics I care about,” says Niall Dalton, director of high frequency trading at Cantor Fitzgerald. He is referring to today’s announcement by Calxeda of their very low power microprocessors based on the ARM architecture – and HP’s plan to build servers based on them.

ARM-based chips run on very low power, and are used by many manufacturers of consumer devices, such as mobile phones. Austin, Texas-based Calxeda is, however, building its chips for highly parallel server designs.

The initial EnergyCore processor – or Server on a Chip – from Calxeda includes four ARM cores, 4MB of L2 cache memory, an 80 gigabit per second interconnect and system/power management functions – all requiring just 1.5 watts of power.

HP will build servers with 288 EnergyCores in a 4U appliance. “A single rack of HP’s Calxeda servers delivers the throughput of some 700 traditional servers and dramatically simplifies the infrastructure needed to hook them all together and manage the cluster,” claims Calxeda co-founder and CEO Barry Evans.

“Companies in our industry are constrained by space and power, yet our appetite for analysis is insatiable,” says Cantor’s Dalton, who continues: “We need a 10x breakthrough and this could be it. We are evaluating the Calxeda technology in hyperscale throughput computing for data and simulation intensive applications. The Calxeda Linux platform enables rapid porting of our software, enabling us to quickly leverage the energy-efficient ARM cores and Calxeda’s scalable communications fabric to scale our applications to new heights.”

For financial markets applications, it looks like Calxeda’s performance/power footprint could be a winner for those firms needing to mine data to develop pre-trade models and post-trade simulations – as fast as possible.  And where those systems are in outsourced managed environments, and possibly in proximity and co-lo centres, the operations costs related to space and power can be considerable.
 

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Trade the Middle East & North Africa: Connectivity, Data Systems & Processes

In Partnership With As key states across the region seek alternatives to the fossil fuel industries that have driven their economies for decades, pioneering financial centres are emerging in Egypt, United Arab Emirates (UAE), Saudi Arabia and beyond. Exchanges and market intermediaries trading in these centres are adopting cutting-edge technologies to cater to the growing...

BLOG

CJC and Broadhead Technologies Launch Blockchain-Powered Market Data Contract Platform

CJC, in collaboration with Broadhead Technologies, has officially launched Digital Rights for Data Management (DRDM), a blockchain-based platform designed to enhance market data contract management for financial institutions. The system aims to improve compliance, automate processes, and optimise revenue generation. Built on a custom blockchain distributed ledger technology (DLT) foundation, DRDM enables real-time data tracking,...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Institutional Digital Assets Handbook 2024

Despite the setback of the FTX collapse, institutional interest in digital assets has grown markedly in the past 12 months, with firms of all sizes now acknowledging participation in some form. While as recently as a year ago, institutional trading firms were taking a cautious stance toward their use, the acceptance of tokenisation, stablecoins, and...