TradingTech Insight Blogs The latest content from across the platform
Thomson Reuters’ Craig: The Future is Cloud
Thomson Reuters expects the financial markets to move to a cloud-based, managed services delivery model, and it is positioning its Elektron platform to meet that requirement, says David Craig, president of the company’s Financial & Risk unit. Craig was interviewed by A-Team’s Andrew Delaney, for sister community ReferenceDataReview.com. By leveraging the Elektron infrastructure, Thomson Reuters…
Performance by Numbers: Lessons on Latency
When sizing up a data sheet, what numbers pop out at you? IOPS? GB/s? Latency? If you’re like most IT professionals, you might be starting to pay more attention to latency. In case you’re still wondering what all the fuss is about, let’s look at why low latency is so important, why it’s a challenge…
Oracle Announces X3-2 Appliance; Includes Cloudera
Oracle has that perfect holiday present for data scientists … the just announced Oracle Big Data Appliance X3-2 includes the latest microprocessors from Intel, plus a distribution of Cloudera’s Hadoop, together with Cloudera Manager. Specifically, Oracle is tapping Intel’s Xeon E5-2600 8-core chips (sometimes referred to as Sandy Bridge), and the appliance can be configured…
A Recruiter’s View: Much Demand For FPGA Skills in 2013
2013 looks set to prove a dynamic year for hiring in the low-latency technology sector. With a growing diversity in the “end user” space, we here at Harrington Starr – a specialist financial IT recruiter – are predicting significantly increased demand for talent with the best candidates in high demand. 2012 has proved a very…
Emulex Expands Low-Latency Offerings
Emulex isn’t the first company that comes to mind when thinking of low-latency network vendors, but through a series of actions it’s making an increasing contribution to the technology underpinning automated trading. The latest development was last week’s announcement that it is to acquire latency monitoring specialist Endace. Founded in 1979 and with current revenue…
Messaging Challenges Over The WAN
Many global companies, especially in the front office of capital markets, have a strategic need to send real-time data from one location to another, often thousands of miles away, over a Wide Area Network (or WAN) connection. With foreign exchange, for example, global investment banks send dealable streaming prices, orders, trades, and reference data across…
Cloudera Raises $65 million For Enterprise Expansion
Hadoop platform distributor Cloudera has raised $65 million in additional funding to support global expansion, product development and enterprise adoption of its platform. The funding round was led by early backer Accel Partners, with support from existing investors Greylock Partners, Ignition Partners, In-Q-Tel and Meritech Capital Partners. This new funding brings to $140 million the…
Dell Boosts Server Performance For Algo Trading
Dell has introduced a self-installable firmware upgrade to its PowerEdge servers that boosts their CPU performance by 13% to 31%, while also reducing jitter. The Dell Processor Acceleration Technology (DPAT) upgrade has already been tested by firms engaged in algorithmic trading with significant results. Oh, and the upgrade is free. The upgrade consists of a…
NLX Leverages Genium Inet, Equinix For Low Latency
Nasdaq OMX’s planned London-based NLX derivatives exchange will leverage the exchange group’s own Genium Inet technology to ensure low-latency matching. The exchange will base its primary matching engine at Equinix’s popular LD4 facility in Slough, west of London, where co-lo facilities will be available. When it begins operating in Q1 of 2013 (if the regulators…
Coba Proposes Commercial Framework for European Consolidated Tape
The Coba Project, an organisation set up to propose a commercial framework for an industry-led pan-European consolidated tape, reports positive feedback from a letter outlining its plans that it sent to key industry stakeholders earlier this week. Coba’s proposal wraps up the standards recommended ahead of the letter by FIX Protocol Ltd. (FPL) for the…