TradingTech Insight Blogs The latest content from across the platform
Analysis: Lightower/Sidera Merger
Over the holidays, it was announced that Lightower Fiber Networks and Sidera Networks are to merge. Here’s some more on the deal based (in large part) on a briefing from Sidera CEO Mike Sicoli … * The new company – name TBD and valued at $2 billion – is being created by Berkshire Partners acquiring Lightower…
Australia’s ASIC Taps First Derivatives Big Data Solution for Market Surveillance
The Australian Securities & Investments Commission (ASIC)’s selection of First Derivatives’ Delta Stream+ Market Surveillance solution is aimed at giving the regulator the same kinds of tools available to high frequency traders for monitoring market activity and identifying possible fraudulent behaviour. The deployment of Delta Stream+ is seen as an early application of big data…
The Conservative and Liberal Message: Taxes and Data Rates to Rise in 2013
There are some great certainties in life, such as taxes, death and so on. But death rates and taxes can go up and down. Not so with market data. There is no argument. Data rates always go up. Although 2012 was a notoriously poor year in terms of US trading volumes, aggregate market data traffic…
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…