TradingTech Insight Blogs The latest content from across the platform
Q&A: OneMarketData’s Louis Lovas on TCA, Latency and Big Data
Transaction Cost Analysis (TCA) is of increasing importance to trading success and while it is very much a business imperative, implementing it and putting it to effective use relies on a combination of low-latency technologies and big data approaches. IntelligentTradingTechnology.com got the TCA low down from Louis Lovas, director of solutions at OneMarketData. Q: To…
Cloud Platforms Gain Traction in Low-Latency Trading
Cloud platforms – once viewed as suitable only for middle- and back-office operations – are being increasingly adopted to support the front-office. While cloud remains a much overused buzzword, true cloud technologies are now delivering the kind of performance required for low-latency trading, and offer mechanisms to marry business return to technology investment. This topic…
Actian Links to Hadoop
Actian is planning to release a bi-directional data connector between its Vectorwise analytical database and Hadoop. It allows unstructured data from Hadoop to be pulled into Vectorwise for fast analysis, and then pushed back into Hadoop, or other systems. The data connector will be available by year end.
Market Data Tools Pitches DeltaT Latency Measurement to App Developers
Startup Market Data Tools is rolling out DeltaT, a latency measurement tool with a focus on the needs of developers writing interfaces to market data feeds. Founded by former Thomson Reuters software development specialists, Market Data Tools is aiming DeltaT at a more focused marketplace than that being addressed by latency monitoring heavyweights Corvil and…
Knight Under New Ownership Following ‘Algos Gone Wild’ Debacle and $440 Million Trading Loss
Knight Capital Group now has new owners as a result of hastily arranged $400 million equity refinancing, required to keep the trading firm alive after trading losses last Wednesday of $440 million, the result of algorithmic trading that went horribly wrong. The new equity – two percent preferred shares that may be converted into common…
xCelor Taps Arista Application Switch for FPGA-based Ticker Plant, Pre-Trade Risk
Chicago-based market data feed specialist xCelor is getting set to release ticker plant and pre-trade risk functionality running on Arista Networks’ 7124FX Application Switch. The switch combines a Stratix V FPGA from Altera with a network switch for data processing as close to the network as one can get. The company is currently testing its…
Winning the Big Data Race for Trading Communication
By Paul Metcalfe, Orange Business Serviceswww.orange-business.com Big data is increasingly becoming a key concern for technologists, especially with the recent introduction of recording for voice and SMS on mobile phones for trading activities in the UK. As additional voice recording requirements contribute to the growing repository of data firms have to hold to comply, the…
Boston Ships ARM-Based Servers
Server vendor (OK, they sell workstations too) Boston has begun shipping its Viridis server, which leverages low power ARM chips – most popularly found in mobile devices – from Calxeda. The rack mountable 2U server comprises 192 processing cores and is being pitched at high throughput applications, such as big data processing. Each server draws…
TS-Associates Changes The Latency Management Game With Correlix Acquisition
TS-Associates has acquired the assets of competitor Correlix, a significant transaction that is likely to impact the dynamics of the latency management space. Most immediately, the acquisition brings it new customers and key functionality, including InfiniBand support, comprehensive trade flow analysis and a business-oriented user interface. Correlix’s RaceTeam service, which was adopted by a number…
Thomson Reuters Continues Build Out of Elektron Data Delivery Infrastructure
Thomson Reuters has built out its Elektron data feed infrastructure with a third data centre in Chicago to support the Elektron Real Time low latency consolidated data feed – it has already deployed it in London and New York. The company has also added delivery of direct feeds from Canadian exchange venues to its Elektron…