TradingTech Insight Blogs The latest content from across the platform
Virginie’s Blog – SEC’s Systemic Risk Push and Form PF
This week, the US Securities and Exchange Commission (SEC) conducted an open meeting about new proposed data reporting requirements for the private funds sector for systemic risk monitoring purposes. The SEC and the Commodity Futures Trading Commission (CFTC) have been tasked with adopting a joint form to collect critical systemic risk data about hedge funds…
Nasdaq OMX Creating Ecosystem for Trading Tools Vendors, Licensing OMnet
Nasdaq OMX is creating a partner ecosystem of vendors that provide trading infrastructure tools, such as for latency monitoring and FIX testing, and has begun to license its OMnet messaging protocols to this community – including early members Correlix and Corvil. Ann Neidenbach, senior vice president of global technology products and services at Nasdaq OMX,…
London’s Big Bang in 1986 … The Beginning of the End
Note: This is a slightly updated version of an article I wrote five years ago for A-Team Insight, on the 20th anniversary of London’s Big Bang. I thought it was worth another airing … and while the latency of the time was more slow and low, some lessons in capacity planning can still be learned…
Q&A: Vikram Mehta of IBM System Networking – One Year In … New Low-Latency Products, OpenFlow, Comparisons to InfiniBand
Remember Blade Network Technologies? Well, a year ago it was snapped up by IBM, and given the charter to network IBM’s enterprise server and storage products, to provide a unified system. Trading firms – and exchanges – were big customers of BNT, so IntelligentTradingTechnology.com chatted to the company’s founder Vikram Mehta, now vice president, System…
Ullink Reduces Latency with Ouch, Teams with Fiberblaze
Ullink has added Ouch support to its UL IRIS+ pre-trade risk offering, reducing latency of checks from 3.5 microseconds previously attainable for the FIX protocol to just two microseconds. Ullink is leveraging FPGA-based network interface cards from Denmark’s Fiberblaze as part of its solution. Ouch is binary protocol developed by Nasdaq OMX, and supported by…
Virginie’s Blog – It’s a MAD, MiFIR World
Last month, I looked at some of the data management implications of the incoming sequel to 2007’s MIFID: the Markets in Financial Instruments Regulation (MiFIR), and today sees the European Commission dotting the Is and crossing the Ts of the draft, with a view to being much more prescriptive about post-trade transparency requirements (among other…
All Happening, Down Under
Having been granted the regulatory green light, Chi-X Australia is set to go live at the end of this month, as a competitor to the incumbent Australian Stock Exchange. The soft launch phase will begin with the trading of eight securities, and will then be expanded to all S&P/ASX 200 component securities and ASX-listed ETFs….
A Tale of Two Benchmarks – for STAC-M3 and kdb+
This week saw the publication of two “M3” benchmarks conducted by STAC, covering time-series management solutions. And while both relate to Kx Systems’ kdb+ database (apparently to date the only database to have published M3 benchmarks), comparing them would be an apples to oranges exercise. STAC-M3 is focused on solutions that manage large amounts of…
Cisco Introduces 40 Gig Switch, PTP and Buffering Stats
Cisco Systems has added the Nexus 3016 switch to the lineup that it’s pitching at low-latency financial trading. It’s Cisco’s first to support 40 gigabit per second ethernet communications, which reduces network serialisation latency. The 1RU 3016 features 16 ports, each of which can be operated at 40 gigabit per second, or alternatively at 4…
Q&A: Sidera Networks’ Maura Mahoney on Partnerships and New Data Centres
Barely a day goes by when there isn’t an announcement from one of several wide area connectivity players, which underpin the world of low-latency trading. Sidera Networks is one of those at the centre of the action, and IntelligentTradingTechnology.com caught up with Maura Mahoney, vice president for marketing and business development at the company, to…