TradingTech Insight Blogs The latest content from across the platform
Q&A: Skyler’s Mike Vieyra on Market Data Management and LIBOR
Skyler Technology is a company that has re-invented itself since its early days as a complex event processing company from the San Francisco Bay Area, to focus on market data management – with some relevant technology for compliance in markets such as LIBOR – from a UK base. IntelligentTradingTechnology.com spoke to CEO Mike Vieyra to…
Nasdaq OMX and Thesys Sketch Roadmap for Algo Testing Facility
The tie-up of Nasdaq OMX and Thesys Technologies to deliver an algorithm testing facility is expected to endure beyond initial plans to offer algo testing for US equities trading and take testing into other asset classes over time. It is also expected to help trading firms get ahead of any regulatory mandates that may set…
Global LEI System Takes Two Small Steps Towards Operation
The Global Legal Entity Identifier System (GLEIS) has inched forward with operational moves being made by the Regulatory Oversight Committee (ROC) to address reference data issues around the LEI and by the Commodity Futures Trading Commission (CFTC) to accept LEIs from all endorsed pre-local operating units (LOUs). The Secretariat of the ROC has written a…
Change is Happening at Low-Latency.com …
In the financial markets, the only constant is change … and over the past couple of years, the world of low latency has changed. At one time, reducing latency was an arms race, with zero as the finish line. Now, with the race close to a conclusion, the focus is shifting to the high performance…
Q&A: Supermicro’s Don Clegg on Accelerated Processors For Performance and Cost Reduction
Intel’s new Ivy Bridge processor is driving new server technologies that the financial markets are keen to adopt. But in today’s cost-reduction environment, it’s not just about top performance – through accelerated CPU clock speeds – but also how to roll out and operate in a cost effective way – which brings in server density,…
Pivotal Taps NYSE for Data Dispatch Middleware
Pivotal – the EMC/VMware analytics spinout – has released Pivotal Data Dispatch (PDD), a platform for discovery of and analytical processing on data stored in disparate repositories. The product was developed at NYSE Euronext for its internal surveillance and regulatory purposes and has been in use there since 2007. According to product documentation, PDD provides…
Citicom Solutions Fulfils Dodd-Frank Trade Recording and Reconstruction Requirements
Citicom Solutions is pushing its Assure voice and text data capture and analysis solution beyond the UK and into the US market with a view to helping financial firms meet Dodd-Frank regulation requiring swap trading communications to be recorded and trades to be reconstructed. The real-time solution is also designed to provide a proactive view…
ICE/NYSE Acquisition: Robson To Depart As Speculation on NYSE Technologies’ Future Heats Up
Ahead of the November 4 completion of InterContinentalExchange’s acquisition of NYSE Euronext, it seems there is significant movement regarding the future of the exchange group’s NYSE Technologies services unit, including the soon-to-be departure of CEO Jon Robson. Sources say that Robson and COO Terry Roche are both expected to depart, possibly related to fallout from…
Marco Polo New World Works with New Parent Perseus to Enhance Electronic Trading Platform
Marco Polo New World is building out its electronic trading platform to extend high-speed access to more global financial markets with the help of its majority owner Perseus Telecom, a supplier of ultra-low latency connectivity spanning over 70 markets across six continents. The trading firm is a revitalisation of Marco Polo Securities following the acquisition…
Market Surveillance Requires Systems that are Lean, Fast and Flexible
In a highly regulated trading market that is growing in complexity, yet must prove transparency, market surveillance is a significant challenge – but it can be addressed using technologies that span systems and data management, and deliver real-time alerts of potential abuse in the market. The pressing issues of surveillance and how best to tackle…