TradingTech Insight Blogs The latest content from across the platform
Trading Firms See Merit in Social Media Strategies, But Also Risks
Trading firms see the advantages of implementing execution strategies driven by social media alerts, including Twitter and Facebook updates, and some are already doing so. But many also are wary of the risks associated with leveraging information sources that are not subject to the same quality controls as traditional news media. Those are the findings…
Terracotta Blends Low Latency and Big Data
Software AG’s Terracotta unit has introduced its Universal Messaging product, a middleware platform spanning enterprise to web to mobile connectivity, providing low latency performance and big data transport as appropriate – and aligning with the emerging ‘big data in motion’ paradigm. “Big, fast data at your fingertips requires seamless real-time data movement, no matter what type…
Activ Taps Solarflare for Gen 3 Ticker Plant, Focuses on TCO Reduction
Moving away from its DIY past, Activ Financial Systems has turned to Solarflare to provide FPGA and network technology for its Generation 3 market data processing unit (MPU), which will be rolled out to customers from this month. While its use of FPGAs has low latency benefits, Activ CTO Mike Dunne says the increasing focus is…
NYSE Technologies’ Robson Calls for Collaboration; Pushes Shared Infrastructure to Reduce Costs
Nine months after taking the reigns at NYSE Technologies, CEO Jon Robson has begun to articulate a renewed vision for NYSE Euronext’s IT services operation with “A Call for Collaboration” to the financial markets. Of course, in Robson’s mind, that collaboration hopefully means trading firms will embrace the cloud platform, global network and open sourced middleware…
Connectivity Providers Pile into Equinix LD4 to Offer Access to CBOE Futures Exchange
The Chicago Board Options Exchange (CBOE) is opening the CBOE Futures Exchange (CFE) to European trading markets through exchange hosting and low-latency connectivity solutions at the Equinix LD4 co-location data centre situated to the west of London. Initial market data access and connectivity set up by managed service provider GuavaTech is live at LD4 and…
Knowsis Offers Social Media Sentiment Data to Support Trading Strategies
Start-up data and analytics firm Knowsis is working with an initial five clients to incorporate its social media sentiment data into their trading strategies. The company declines to name the clients, but says one will go live imminently with strategies built around signals from Knowsis data, while others are considering how to add sentiment data…
Datawatch Acquires Panopticon
Visualisation specialist Panopticon Software is being acquired by Datawatch, in an all stock deal valued at $31.4 million. The deal should close by the end of September, subject to Datawatch shareholder approval. Before agreeing this deal, sources say that Panopticon was in discussions with partner SAP to be acquired by that company. Datawatch focuses on…
Telx’s NJR3 Data Centre Opens Today!
Located in Clifton, NJ, Telx’s new 215,000 square foot data centre – dubbed NJR3 – is having its grand opening today. Under construction since 2011 and built at a cost of $200 million, the three story LEED designed NJR3 features 100,000 square feet of usable “white space” for customer equipment, 24,000 kW of power, diversely fed from…
Q&A: Fred Malabre of FPL on High Performance Trading with FIX
As some exchanges have adopted proprietary binary protocols for HFT and other latency sensitive trading, the FIX Protocol organisation has been hard at work bringing FIX messaging into the world of high performance trading. IntelligentTradingTechnology.com found out what’s been happening from Fred Malabre, co-chair of the FPL High Performance Working Group (and senior director at…
Informatica Highlights Performance of SMX Messaging
Following on from last month’s announcement of Ultra Messaging SMX, Informatica has published a range of latency and throughput performance figures for the shared memory transport, covering a number of programming languages. Messaging latency as low as 39 nanoseconds was recorded, with overall latency more than 16 times lower than tests conducted on an earlier version…