TradingTech Insight Blogs The latest content from across the platform
Mirror Blockchain-Based Trading Platform Gets $8.8 Million Funding
By Zoe Schiff The idea that blockchain technology can aid in the development of real world trading technology gained more credence this month with the news that Mirror – a trading platform operator formerly known as Vaurum – has received $8.8 million in Series A funding from investors led by Route 66 Ventures. San Francisco-based…
Symbiont Sets Out Plans for its Smart Securities Technology
Symbiont is planning to issue its first private equity shares as smart securities on the bitcoin blockchain next month with a view to demonstrating its capabilities to financial institutions interested in programmable securities that are stored on a cryptographic distributed ledger called a blockchain. Beyond the demonstration, the company aims to offer a service based…
Electronifie Provides All-to-All Platform for Corporate Bond Trading
Electronifie is challenging problems of liquidity and information leakage in the US corporate bond market with an electronic trading platform that connects buyers and sellers directly but anonymously, limits market impact and generates liquidity. The company was set up by former Goldman Sachs trader and SEC executive Amar Kuchinad in downtown New York in March…
Thomson Reuters Adds Sentiment Data on Companies to its MarketPsych Indices
Thomson Reuters has added indices covering over 7,500 global companies to its MarketPsych indices, giving investors greater insight into how emotions and perceptions move financial markets, and helping them to define more effective trading strategies. The company indices add to MarketPsych indices that have been developed by Thomson Reuters in conjunction with MarketPsych, a consultancy…
MetaMako Launches MetaApp Latency-Reduction Device
By Zoe Schiff Low latency trading specialist Metamako has launched MetaApp, a latency-reduction device aimed at the trading and exchange communities and the telcos that provide them with connectivity. MetaApp seeks to address firms’ growing requirement for flexibility and determinism in their efforts to establish and support low-latency infrastructures in support of fast market access….
Talking Intelligent Trading with Andrew Delaney: The Flash Crash Blame Game
As you know, we don’t often wade in on macro market structure issues, preferring instead to stick to our proverbial knitting: trading infrastructure that uses high-performance technologies to introduce some smarts. But the recent arrest of a culprit in the authorities’ long-running efforts to assign blame for the May 6, 2010, so-called Flash Crash –…
NanoSpeed Cuts Trading Latency with FPGA Based Nano-Gateway
NanoSpeed has halved the latency of its first FPGA based trading gateway with the addition of Nano-Gateway, an FPGA including interfaces for up to 32,000 trading algos, market data feed handlers, pre-trade risk checks, limits that can be changed on the fly, and the ability to deliver client orders to an exchange in less than…
Ullink Builds Out its Connectivity and Trading Solutions Business under the Auspices of Interim CEO Bertrand Sciard
Ullink is building out its connectivity and electronic trading solutions business on the back of last year’s acquisition of NYFIX and its ability to meet growing market demand for managed services. At the helm is interim CEO Bertrand Sciard, who joined the company from Ullink’s private equity investor HgCapital when Ullink founder Laurent Useldinger stepped…
Velocimetrics Version 6 Improves Oversight of High Volume Trading
Velocimetrics has released Version 6 of its real-time business performance monitoring and analysis solution, increasing the volume of trades that can be tracked, introducing distributed processing, and extending reporting capabilities. Velocimetrics 6 builds on the company’s commitment to deliver real-time oversight across end-to-end processes in fast, complex and high volume trading environments, and allow any…
Tradition Integrates Azul Zing to Increase Trading Predictability and Performance
Tradition, the interdealer broking arm of Compagnie Financière Tradition, has integrated Azul Systems’ Zing Java virtual machine (JVM) into its high performance trading platforms to deliver predictable, high throughput and low latency execution. The company also expects the adoption of Zing to free up developer time that will be used to pursue new revenue streams….