TradingTech Insight Blogs The latest content from across the platform
Will NYSE Mahwah Access Spur Latency Spend?
The decision by NYSE Euronext to open up access to its Mahwah, NJ data centre to third party co-location, and to adopt a more open connectivity policy is going to be welcome news for at least some trading firms seeking low latency, and vendors servicing them. But whether it will be the game changer it…
NYSE Technologies’ Young Heads to Bloomberg
Bloomberg has hired away NYSE Technologies CEO Stanley Young to be CEO of its Enterprise Products and Solutions (EPS) division. At Bloomberg, Young will report to Mark Pesonen, who is elevated from the CEO role to become chairman of that division. According to a Bloomberg spokesperson, Pesonen “will continue to oversee the long-term vision and…
Q&A: AMD’s John Fruehe on Standardised Servers for Financial Services
A recent event by the Open Compute Project highlighted work being done to create standard designs for servers. AMD showcased its Roadrunner specification, which is targeted at financial services. IntelligentTradingTechnology.com got the background from John Fruehe, AMD’s director of product marketing for enterprise products. Q: AMD recently announced its open ‘Roadrunner’ specification for servers, specifically…
NYSE Technologies To Introduce Market Data Analytics Lab
NYSE Technologies is rolling out its Market Data Analytics Lab (MDAL), providing hosted access to its historical trade and quote (TAQ) data, with the ability to perform analytics on the hosted data. MDAL will allow users to query selections of the entire TAQ database – for now covering U.S. markets – and perform analytics, downloading…
NYSE Technologies Taps Hanweck GPU Calculations for Options Analytics Feed
NYSE Technologies is set to roll out its Options Analytics low-latency data feed, which includes implied volatilities and Greeks data for U.S. listed options, as well as quotes on options and underlying assets. The service monitors the entire U.S. OPRA composite NBBO feed and U.S. Level 1 composite feeds for underlying stocks and indices, with…
Juniper To Provide HKEx With Network Infrastructure for Orion Data Centre
Juniper Networks will be providing low-latency network infrastructure based on its QFabric architecture to Hong Kong Exchanges and Clearing (HKEx) for its new data centre, being rolled out as part of the exchange’s Orion technology transformation program. HKEx will become the first financial services customer in Asia for Juniper’s QFabric, which is being implemented and…
Q&A: SunGard’s Aditya Yadav on Concurrent Design, and How Stealers Can Help
Most agree that most of the effort to date to reduce the latency of trading systems has been focused on the ‘easy’ areas – lowering propagation latency, speeding up network stacks, using faster processors. The ‘hard’ part – tackling application design – is yet to come, and parallelisation of business logic – aka concurrency –…
Numerix Taps Azure Cloud For Compute, Big Data
Risk and valuations vendor Numerix has enabled its Numerix Portfolio software to make use of Microsoft’s Windows Azure, offering the the ability to burst complex pricing and risk calculation processes to public cloud infrastructure. As well as providing access to increased compute resources, it also allows the processing of very large data sets to solve…
Learning From Mistakes: Applying Big Data to Realtime Risk Analysis
by Daniel Wakefield, IMGROUPwww.imgroup.com As the financial sector once again reels under yet more allegations of huge losses (this time at JPMorgan Chase) there is a more than mild sense of déjà vu here at IMGROUP. Yet again, questions are being asked about how one desk, perhaps even one trader, can lose such a significant…
GigaSpaces Points XAP9.0 at Big Data
GigaSpaces Technologies has released XAP9.0 – its application platform – focusing it on real-time big data applications. Says Adi Paz, GigaSpaces’ EVP of marketing and business development: “What is common to all real-time analytics systems is the need for streaming data processing, alongside batch processing, such as Hadoop provides. However, building a system for big…