TradingTech Insight Blogs The latest content from across the platform
Top Seven Low Latency Technology Advances
Technology in the Capital Markets changes quite rapidly. In order to stay competitive, business and IT leadership must learn about new approaches, techniques, technologies, and how to integrate it all together. Whether your role is as an architect, vendor, developer, analyst, or decision maker, it is vital to gain an understanding of these new areas…
Deutsche Bank’s Roth Named Elektron Head at Thomson Reuters
Thomson Reuters has filled a gap in the senior ranks of its Enterprise Solutions unit, with the appointment of Deutsche Bank’s Ralf Roth to the role of global head of Elektron Transactions and Strategy. Elektron is the company’s managed hosting and co-location offering, providing low-latency market data, risk management, analytics and transactional services. At Deutsche…
Celoxica Extends FPGAs to Transactions, HFT Futures
With the release of its latest Container offering, Celoxica – an early adopter of FPGA (Field Programmable Gate Array) technology for market data feed handling – is extending its functionality to handle transactional messages, such as outbound orders. The focus of this new functionality – says Celoxica president Lee Staines – is to support trading…
NovaSparks Cites Nanosecond Performance of FPGA Data Appliance
NovaSparks has released performance data for its FPGA-based data feed appliance based on the highly volatile market conditions in August, noting average latencies of 400 nanoseconds, and extreme cases of 900 nanoseconds. On test was NovaSparks’ Gen2 appliance, which is based entirely on FPGA (Field Programmable Gate Array) technology (i.e. unlike some competing products, no…
Burstream Rolls NanoSpeed Mesh – Sub-Microsecond Managed Data Service
Burstream – a new entrant to the market data space – has gone live with the first market on its NanoSpeed Mesh, a managed service leveraging FPGA-based technology from NovaSparks (see separate post here). The company is now delivering Nasdaq OMX data to customers co-located at the exchange’s Carteret, NJ data centre, typically in 600…
A Blueprint for a European Consolidated Tape – Data Consolidation is a Top Priority for EFAMA under MiFID II
The European Fund and Asset Management Association (EFAMA) published today a Blueprint for a European Consolidated Tape intended to permit greater certainty amongst investors as to prices, best execution, valuation and performance measurement, leading to further reductions in direct and indirect costs of trading for investors. The liberalisation of trading venue regulation under MiFID has…
News – Machine Readable – is in the News
The low-latency delivery of machine readable news – to drive trading algorithms before the market moves – is a continuing story in itself. So here’s a quick roundup of recent headlines, including news from Selerity, Deutsche Borse, RavenPack and Thomson Reuters … * Selerity has installed an aggregation point of presence at Equinix’s Frankfurt data…
Q&A: TMX Datalinx’s Eric Sinclair on Global Expansion
In the wake of a called off merger with the London Stock Exchange, the acquisition this summer of Atrium Networks by Canada’s TMX Group gives it a global distribution network for its data services. IntelligentTradingTechnology.com found out more from Eric Sinclair, president of TMX Datalinx and group head of information services. Q: Can you explain…
MiFID II Proposals: Perspective from MarketAxess
MarketAxess Holdings, the operator of a leading electronic trading platform for U.S. and European high-grade corporate bonds, emerging markets bonds and other fixed income securities, reiterates its views on the range of proposals outlined in the Markets in Financial Instruments Directive II (MiFID II), which is scheduled to be finalized in October. MarketAxess believes that:…
Virginie’s Blog – Things Keeping the Industry Awake at Night (About the LEI)
Standards are tricky beasts, they may be developed for one purpose and misused, and they are also often appropriated for purposes for which they were not initially intended. So choosing the right standard for something as important as legal entity identification (LEI) is obviously not a decision to be taken lightly and it is one…