TradingTech Insight Blogs The latest content from across the platform
Otkritie Teams with SunGard to Deliver DMA Service Including Algo Trading
Russian institutional broker Otkritie Capital is working with SunGard to deliver a direct market access (DMA) service that supports automatic real-time currency conversion from the Russian Ruble to the US Dollar, as well as client access to Russian trading venues using Otkritie’s suite of algorithmic trading strategies. The companies completed work on the service in…
Continuum Analytics Provides Python Insight into Thomson Reuters Databases
Continuum Analytics is providing access to Thomson Reuters’ QADirect data offering via Wakari, its browser-based Python data analytics platform. Python is an open source computer language that was first released in 1991, and which has grown in popularity in part because of its emphasis on code readability and compactness. A number of financial markets participants…
WM Datenservice Leads Effort in Europe to Issue pre-LEI Entity Identifiers
WM Datenservice, acting as a pre-Local Operating Unit (LOU) in the global legal entity identifier (LEI) system, has registered 10 German companies with pre-LEI codes called German Entity Identifiers (GEIs) since it started issuing codes early this month. WM suggests it could issue GEIs to companies outside Germany if more pre-LOUs are not up and…
Corvil Collaborates with Cisco; TS-Associates Upgrades Correlix, Outlines Strategy
The two leading latency management specialists – Corvil and TS-Associates – released news this week of collaborations, upgrades and strategy. Corvil announced a collaboration with Cisco Systems (which is also an investor in Corvil), to integrate its CorvilNet latency monitoring technology with Cisco’s Nexus 3548 switch, so that the latter can provide time stamping functionality…
Victory Snaps Up Sailfish; Expands to New Geographies, Asset Classes
Chicago-based Victory Networks, which provides co-location and technology services to boutique trading firms, has acquired New York City’s SailFish Systems in order to expand its services into new geographies and asset classes. Driving the combination are the technology needs of a growing number of startups being created by algorithmic traders leaving major players. These new…
Q&A: GigaSpaces’ Adi Paz on In-Memory Performance and Big Data
The In-Memory term is increasingly in use, and in the context of big data. We asked Adi Paz, vice president of marketing and business development at GigaSpaces Technologies, to explain the integration of in-memory and big data technologies, and what benefits can be expected. Q: Let’s begin with some GigaSpaces and XAP basics. Can you…
Perseus Rolls Certified Time Service for Regulatory Compliance, Algo Trading
Perseus Telecom has rolled out a certified time service to allow trading firms to accurately timestamp market data and transactions for regulatory and algorithmic trading purposes. The service taps technology from Certichron, which Perseus is now selling and maintaining at a number of market data centres, with more to come. Certified time is a proprietary and…
TBricks Taps QuantLINK and QuantFEED for Hosted Trading Service
Trading system TBricks has rolled out a managed, hosted variant of its automated trading software, and has partnered with S&P Capital IQ to provide market connectivity and data. TBricks OnDemand has been rolled out in Stockholm, London, Frankfurt and Chicago. TBricks provides tools to allow manual and low-latency automated trading in the global markets, including options…
DDN Touts STAC Benchmark Performance
Storage vendor DataDirect Networks is pointing to new record benchmark results for financial analytics for its SFA12K-40 platform. The benchmark in question in the STAC-M3 suite, covering a number of operations on a time series of data. DDN says its hybrid spinning disk and flash memory platform outperformed “traditional storage” by a factor of eight,…
Towards Intelligent Trading: Anova Rolls Microwave to DC News Hub
Anova Technologies is taking control of a microwave wireless network connecting Equinix’s key economic news distribution hub in Washington, DC to Nasdaq OMX’s data centre in Carteret, NJ. In so doing, it’s directly connecting news sources at lowest latency into the trading markets, allowing firms to trade from signals themselves, and not from responding to…