TradingTech Insight Blogs The latest content from across the platform
Bats Sets Chi-X Europe Migration Sched; Taps Savvis Chicago for U.S. Backup
Bats Europe has set an end of April go-live date for migration of Chi-X Europe’s trading system, running on Bats technology at Equinix, near London. Separately, Bats Global Markets in the U.S. says it will house its backup trading systems at a Savvis data centre in downtown Chicago. Following the completed acquisition of Chi-X Europe…
Q&A: IPC’s Joe Pickel on Network-As-A-Service
IPC Systems recently introduced Connexus, a financial markets extranet, for ready access to its trading ecosystem. IntelligentTradingTechnology.com spoke to the company’s vice president of network services product management Joe Pickel to find out more. Q: IPC has been in the network/connectivity business for quite some time, so what’s new and different about Connexus? A: We…
Can Emerging Markets Resist The Algo Trading Bug in 2012?
As algorithmic trading continues to evolve, it is my view that we will start to witness more firms using their systems to trade equities not only from the U.S. and Europe, but also from the Middle Eastern, Latin America and Asian markets. The latest announcement that Colt’s sister company KVH will be expanding its low-latency…
Data Growth Causes Increase in Financial Infrastructure Externalisation
After President Obama passed the Dodd-Frank Act last year, in an effort to avoid another financial crisis like the one in 2008, Europe is following suit with MiFID 2. While both of these regulations aim to increase transparency into financial markets and, specifically, over-the-counter (OTC) derivatives, the impact of MiFID 2 isn’t likely to be…
FIN to Underpin Latam Arbitrage
Trading systems vendor Fundamental Interactions (FIN) will play a key role in a proposed electronic market in Latin America, which would trade American Depository Receipts for U.S. and Canadian stocks that are linked to Latam securities, as well as other products. According to Bloomberg, the market will be located in one of Costa Rica, El…
RICs as Catalyst for Financial Markets ‘App Store’
High on the long, long list of the late Steve Jobs’ acts of genius was his decision to go against his own instinct and open up the iPhone/iPAD to third-party developers to create the App Store, a true game-changer. That got me to thinking that Thomson Reuters and the EU could be missing a trick…
Q&A: Mellanox’s Asaf Wachtel on Kernel Bypass and a Future in Verbs
With a new version of its VMA software and new network cards, Mellanox is pushing down latency and jitter for both Ethernet and InfiniBand. IntelligentTradingTechnology.com spoke with the vendor’s director of business development Asaf Wachtel on the state of the art, and what’s next.. Q: For starters, can you describe briefly what your VMA software…
T2S Connectivity Licences
On behalf of the Eurosystem, the Banca d’Italia has awarded two T2S connectivity licences, the first to SWIFT and the second to a consortium composed of SIA and Colt. As soon as the last administrative formalities have been completed, the two awardees will be invited to sign the Licence Agreement (LA) which is expected to…
Client Demand Drove Nasdaq OMX’s RapiData Acquisition
“Client demand drove this acquisition. We believe this acquisition will make our customers more efficient in their trading,” says Brian Hyndman, senior vice president at Nasdaq OMX Global Data, about the exchange group’s December 19 acquisition of the business of RapiData, a provider of low-latency, machine-readable economic news. RapiData provided low-latency economic news, covering more…
We’re Back … With Some Industry Views …
Welcome to 2012 from Low-Latency.com! We hope it will be a year of success and prosperity for all in our community. We ended last year with a few of our own predictions, to to get this one going, we asked some of our friends what they expected to see over the next 12 months. Here…