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

A-Team Insight Blogs

Citihub Pushes Down IPC Latency with Hardcore/Tibco FTL Combo

Subscribe to our newsletter

Trading technology consulting firm Citihub has released highlights of performance testing it completed on Tibco Software’s FTL middleware running on Hardware Computer’s over-clocked, liquid-cooled Detonator workstation. Not surprisingly, the results are the fastest seen to date for inter-process communication.

According to Citihub associate partner Ben Newton, the tests were driven by ongoing consulting engagements with trading firms that are looking to reduce latency for applications such as algorithmic and high frequency trading, but in a cost effective way, that’s also straightforward to deploy.

Enter Hardcore Computer, which manufactures a range of servers where the CPU is over-clocked – that is run at a clock rate faster than its design parameters – and so produces higher performance. Hardcore servers can achieve this, while keeping the CPU cool (and so reliable) by immersing the CPU and motherboard in dielectric liquid, which dissipates heat far better – 1,350 times better says Hardcore – than traditional air-cooled servers.

The Citihub tests were on a Hardcore Detonator workstation server (the company also manufactures blade models), with an Intel Xeon X5698 microprocesor. That chip is actually an ‘off roadmap’ design by Intel, which as standard runs at a fast 4.4 GHz. But when over-clocked inside the Detonator (on a motherboard from Supermicro Computer), it is pushed to 4.93 GHz on a continuous basis.

Running on the Detonator was Tibco’s FTL middleware, configured for inter-process communication between applications. Citihub’s tests determined that 16 byte messages – for the marketing folks – were passed with average latency of 237 nanoseconds, while more typical messages of 128 bytes took 271 nanoseconds.  Previous benchmarks published by Tibco show 128 byte messages being communicated in 354 nanoseconds.

Moreover, latency was “massively predictable” says Newton – less than two nanoseconds at one standard deviation. For its testing, Citihub employed embedded assembler code modules that count the clock cycles of the CPU – accurate to a fraction of a nanosecond.

Newton reckons that deploying Hardcore servers represents “an easy speed up” with a low “cost per microsecond improvement” for firms since no trading application software changes need to be made.

Configuring Citihub’s test application to use FTL was less than a man week of effort, says Newton, who also praises the middleware for its maintainability, with a good user interface – factors that impact cost of operation.

By complementing Hardcore’s liquid immersion (within the server) with water cooling within a data centre also pushes operations costs lower, since heat can be dissipated outside of the data centre itself, reducing the need for air conditioning. The potential exists, notes Newton, to improve performance while reducing costs.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Post-Trade Transformation: Automating Clearing & Settlement

Date: 1 December 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes The UK, EU and Swiss markets move to T+1 settlement on 11 October 2027, but the first binding compression arrives almost a year earlier. ESMA’s amended settlement discipline RTS expects allocation and confirmation completed by 23:00 CET on trade...

BLOG

OneChronos Brings Combinatorial Matching to European Equities

Periodic auctions came to Europe as an answer to the speed race. They are now routine. Several operators run them, and randomised auction lengths and speed-neutral matching have become standard rather than special. A venue arriving today has to say what it does that the others do not. OneChronos, which began production trading on its...

EVENT

Eagle Alpha Alternative Data Conference, Fall, New York, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

Entity Data Management Handbook – Fourth Edition

Welcome to the fourth edition of A-Team Group’s Entity Data Management Handbook sponsored by entity data specialist Bureau van Dijk, a Moody’s Analytics company. As entity data takes a central role in business strategies dedicated to making the customer experience markedly better, this handbook delves into the detail of everything you need to do to...