TradingTech Insight Blogs The latest content from across the platform
Zeptonics Taps Mellanox For Ultra-Low-Latency Matching Engine
Sydney-based Zeptonics is integrating network interface cards from Mellanox Technologies into its ZeptoMatch matching engine. The integration boasts wire-to-wire matching for a million orders per second with a median wire-to-wire match time of 1.97 microseconds and a typical client roundtrip of three microseconds. ZeptoMatch is a software-only application, running on commodity x86/Red Hat Linux servers,…
Prescient Ridge Management Tries On Made-to-Measure From Connamara Systems
Managed futures fund Prescient Ridge Management (PRM) is turning to Connamara Systems and its Made-to-Measure trading suite to support its expansion into new markets, using new trading strategies. Made-to-Measure (MtM) bridges build versus buy development approaches by providing pre-built components that can be augmented by proprietary code to form complete trading systems. PRM currently trades…
Financial Markets Data Centres Survive Sandy Devastation
Judging by feedback from various industry people in the New York City region, the principle data centres serving the financial markets survived the onslaught of Monday night’s Hurricane Sandy without any problems. One exception was a power issue at the 111 8th Avenue carrier hotel. Several data centres remain on generator power, though fuel deliveries…
Cisco and Friends Publish Real World Latency Statistics for Nexus 3548 Switch
Cisco Systems has teamed with a group of market data feed handler, latency management and integration vendors to produce an early set of real world latency statistics for its recently introduced Nexus 3548 switch. Apart from Cisco, the latency testing – which comprised a proof-of-concept implementation to show end-to-end latency validated with real-time market data…
TraFXpure Plans Random Latency FX Trading
Nope, the date is not April 1, though I had to double check. TraFXpure, a planned spot market for foreign exchange, has begun testing for an early 2013 go live, exercising a matching engine that features random latency execution. To be exact, the matching engine’s latency is not random, but orders submitted to it will be…
Digital Reasoning, Tableau, Cloudera Focus Unstructured Data Analytics on Financial Markets
Partnering with Tableau Software for data visualisation, and leveraging Cloudera’s Hadoop distribution for storage, Digitial Reasoning is applying its Synthesys unstructured data analytics platform at financial markets applications. Synthesys takes structured and unstructured text as input and then uses named entity recognition, understanding of time and geographic references, combined with patented relationship analysis, to develop…
Capco Proposes the Creation of a Data Culture to Advance Data Management
Financial firms are falling short on data management issues such as calculating the true cost of data, identifying the operational cost savings of improved data management and embracing social media data, but according to research by consultancy Capco, these issues can be resolved with a cross-organisational and practical approach to data management and the development…
Exegy Delivers Data Tone in Mahwah and Aurora
Exegy has made its Data Tone service, providing low-latency market data, available at NYSE Euronext’s Mahwah, NJ data centre, and at the Chicago Mercantile Exchange’s data centre in Aurora, Il. Data Tone provides low cost feeds as a service, leveraging Exegy’s ticker plant. At Mahwah, Exegy is offering access to NYSE data feeds, and in…
Brits Say HFT Does Not Lead to Volatility
A report published by the U.K. government says that there is no evidence that high frequency trading leads to increased volatility, which is a key driver of market data rates. The report – The Future of Computer Trading in Financial Markets – by the U.K. government’s Office for Science – which is not a regulator…
Telx Lowers Latency to NYSE Mahwah
Proximity data centre operator Telx is tapping into new fibre routes from Cross River Fiber to lower latency to NYSE Euronext’s Mahwah, NJ data centre. Cross River’s new fibre runs directly through Clifton, NJ where Telx operates its existing NJR2 data centre, with NJR3 under construction. The fibre then runs on to Secaucus, NJ (where…