The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

Oracle Announces X3-2 Appliance; Includes Cloudera

Oracle has that perfect holiday present for data scientists … the just announced Oracle Big Data Appliance X3-2 includes the latest microprocessors from Intel, plus a distribution of Cloudera’s Hadoop, together with Cloudera Manager.  Specifically, Oracle is tapping Intel’s Xeon E5-2600 8-core chips (sometimes referred to as Sandy Bridge), and the appliance can be configured...

A Recruiter’s View: Much Demand For FPGA Skills in 2013

2013 looks set to prove a dynamic year for hiring in the low-latency technology sector.  With a growing diversity in the “end user” space,  we here at Harrington Starr – a specialist financial IT recruiter – are predicting significantly increased demand for talent with the best candidates in high demand.  2012 has proved a very...

Emulex Expands Low-Latency Offerings

Emulex isn’t the first company that comes to mind when thinking of low-latency network vendors, but through a series of actions it’s making an increasing contribution to the technology underpinning automated trading. The latest development was last week’s announcement that it is to acquire latency monitoring specialist Endace. Founded in 1979 and with current revenue...

Cloudera Raises $65 million For Enterprise Expansion

Hadoop platform distributor Cloudera has raised $65 million in additional funding to support global expansion, product development and enterprise adoption of its platform.  The funding round was led by early backer Accel Partners, with support from existing investors Greylock Partners, Ignition Partners, In-Q-Tel and Meritech Capital Partners.  This new funding brings to $140 million the...

Dell Boosts Server Performance For Algo Trading

Dell has introduced a self-installable firmware upgrade to its PowerEdge servers that boosts their CPU performance by 13% to 31%, while also reducing jitter. The Dell Processor Acceleration Technology (DPAT) upgrade has already been tested by firms engaged in algorithmic trading with significant results. Oh, and the upgrade is free. The upgrade consists of a...

Can Both Microwave and Fibre Turn Up The Heat on HFT?

With trading speeds of up to 40% faster, microwave transmission looks set to be an important technology tool for high frequency traders in search of a competitive advantage, but it won’t lead to a wholesale technology change across the industry. There are limitations to microwave and this is why a combination of low latency fibre...

Prescient Ridge Management Tries On Made-to-Measure From Connamara Systems

Managed futures fund Prescient Ridge Management (PRM) is turning to Connamara Systems and its Made-to-Measure trading suite to support its expansion into new markets, using new trading strategies. Made-to-Measure (MtM) bridges build versus buy development approaches by providing pre-built components that can be augmented by proprietary code to form complete trading systems. PRM currently trades...

Q&A: October’s Low Down on Latency with Pete Harris

More questions from the IntelligentTradingTechnology.com community e-mail bag, with some thoughts from me. Q: Profits are down at HFT firms, and regulation of them looks to be on the increase.  What does than mean for low-latency technology spend? A: I am sure there will be an impact, but I also expect investment in low latency...

Tibco Taps Pluribus for FTL Message Switch; Adds Appliance for Enterprise Messaging

Tibco Software has added to its messaging arsenal with the introduction of the Tibco FTL Message Switch and the Tibco Enterprise Message Service Appliance. Both new products were announced at the company’s annual Tucon user conference, held this week in Las Vegas. For the FTL Message Switch, Tibco is partnering with Pluribus Networks, a startup...

Q&A: Dave Malik’s Cisco Nexus 3548 Deep Dive

Following up on the big Cisco news the other week of the launch of its Nexus 3548 switch, featuring latency of less than 190 nanoseconds, IntelligentTradingTechnology.com wanted to find out more about the new offering, its capabilities and the technology behind it. Dave Malik, senior director within its financial services group, provided some answers. Q:...