TradingTech Insight Blogs The latest content from across the platform
Q&A: Cisco’s Dave Malik on New Nexus Switches and Trading Fabric Architectures
Earlier this year, Cisco Systems announced new switches focused firmly on the low-latency trading space, and along with them, it announced its Trading Fabric architecture, setting out how these switches, along with other components, can be deployed to solve real-life application challenges. IntelligentTradingTechnology.com checked in with Cisco’s director of solutions architecture Dave Malik to get some…
TMX and Atrium – If You Can’t Join Them, Beat Them?
With a plan to expand internationally through a merger with the London Stock Exchange thwarted by a lack of shareholder support and a rival bid, Canada’s TMX Group – Toronto Stock Exchange, Montreal Exchange, and others – is extending its reach through the acquisition of Atrium Network. The move provides its markets with connectivity to…
LSE’s Acquisition of the UK FSA’s TRS for £15m Brings UnaVista’s Range of Functions to an Extended Client Base, Says Husler
The announcement this week that the London Stock Exchange (LSE) is in the process of acquiring the UK Financial Services Authority’s (FSA) approved reporting mechanism (ARM) is likely to be the first but not the last acquisition that the exchange operator will be making in the post-trade space this year, if CEO Xavier Rolet’s ambitions…
Perseus Shaves Milliseconds to Sao Paulo
Just 106 milliseconds roundtrip, is the published latency for Perseus Telecom’s new low-latency connection between Nasdaq’s Carteret, NJ data centre and the Sao Paulo-based Brazilian securities, commodities and futures marketplace, awkwardly named BM&FBOVESPA. Perseus is leveraging GlobeNet’s submarine cable to go south. That’s the fastest we know of. Orange Business Services Trading Solutions (yeah, another…
FSA Enters Into an Agreement to Sell TRS to the London Stock Exchange
The Financial Services Authority (FSA) has entered into a conditional agreement to sell its Approved Reporting Mechanism (ARM) known as the Transaction Reporting System (TRS) to the London Stock Exchange (LSE) for £15m. The TRS is an ARM established in the UK market for the reporting of transactions in regulated instruments by firms to the…
Co-Lo + Connectivity. Just Add Community for Profit!
For those interested in trends in co-location and connectivity, and the emergence of the community effect fueled by these technologies, you might take a look at this feature that I authored for A-Team’s monthly Insight review. Download the PDF and enjoy!
Level 3 Goes Last Mile to LSE
A bit more insight into the Level 3/London Stock Exchange news today. After previously relying on others – competitors – to provide last mile connectivity to the LSE’s co-location centre, the connectivity provider now owns that segment. While that means slightly lower latency, the main benefit is related to control and management, so Level 3…
Breaking New Ground with Ultra Low Latency Messaging
Inter Thread Communication (ITC) is not a new concept. Developers have been doing it for quite some time. However, doing it fast and well has been tricky. This mimics almost all of the modern day messaging communication primitives, such as IPC and reliable multicast. That is why I believe that ITC is the new ground…
Wenig Departing Thomson Reuters in Reorg
Veteran Devin Wenig is leaving Thomson Reuters, where he was head of the Markets division (its focus being on financial information and trading systems) as part of a reorganisation that will see that division split in three. CEO Tom Glocer will take over Wenig’s responsibilities, and the division will now be organised as: Financial Professionals…
NYSE Technologies Offers Sneak Peak at Data Fabric V6
Ahead of its official launch – which Low-Latency.com will of course be all over – NYSE Technologies’ managing director for enterprise software Brian Doherty has been discussing the latest version of the Data Fabric messaging product. MultiVerb is one of the key enhancements, combining multicast and RDMA paradigms. Says Doherty: “As part of our testing…