TradingTech Insight OMS, EMS & SOR The latest content from across the platform

Marco Polo New World Works with New Parent Perseus to Enhance Electronic Trading Platform

Marco Polo New World is building out its electronic trading platform to extend high-speed access to more global financial markets with the help of its majority owner Perseus Telecom, a supplier of ultra-low latency connectivity spanning over 70 markets across six continents. The trading firm is a revitalisation of Marco Polo Securities following the acquisition…

Q&A: Embium’s new CEO Janice Robson on Rapidly Deploying Algo Strategies

Embium is the new name for Cyborg Trading Systems, providing a cloud-delivered, broker neutral, algorithmic trading platform.  As well as a new name, the company has a new CEO. IntelligentTradingTechnology.com caught up with Janice Robson to find out about the past, present and future. Q: What is it about Embium that caused you to join…

Low Latency – It’s All About Big Fast Data

When one hears the term ‘Big Data’ one is drawn to thinking about batch analysis of vast datasets, such as web logs, click streams and, apparently, phone records. Technologies like Hadoop and NoSQL are mentioned, already in the context of their lack of performance, and murky ROI. But in the financial markets, the world of big…

Trading Firms See Merit in Social Media Strategies, But Also Risks

Trading firms see the advantages of implementing execution strategies driven by social media alerts, including Twitter and Facebook updates, and some are already doing so. But many also are wary of the risks associated with leveraging information sources that are not subject to the same quality controls as traditional news media. Those are the findings…

Q&A: Fred Malabre of FPL on High Performance Trading with FIX

As some exchanges have adopted proprietary binary protocols for HFT and other latency sensitive trading, the FIX Protocol organisation has been hard at work bringing FIX messaging into the world of high performance trading. IntelligentTradingTechnology.com found out what’s been happening from Fred Malabre, co-chair of the FPL High Performance Working Group (and senior director at…

Informatica Highlights Performance of SMX Messaging

Following on from last month’s announcement of Ultra Messaging SMX, Informatica has published a range of latency and throughput performance figures for the shared memory transport, covering a number of programming languages. Messaging latency as low as 39 nanoseconds was recorded, with overall latency more than 16 times lower than tests conducted on an earlier version…

Nasdaq OMX NLX Achieves Low Latency and Rising Trade Volumes in Start-up Phase

Nasdaq OMX NLX opened for business on the last day of May, offering a market for European short-term and long-term interest rate derivatives designed to provide ease of access, efficiency and the flexibility to respond to customer demands and list new products rapidly. Fast forward a couple of weeks and Charlotte Crosswell, CEO of NLX,…

STAC Redline and Kx Benchmarks Illustrate Leverage of Hardware Advances

Two benchmark tests from STAC relating to low-latency trade execution and analytics illustrate how applications are benefiting from hardware advances to boost performance. The tests – on Redline Trading Solutions’ InRush market data platform, and on Kx Systems’ kdb+ database – demonstrate different approaches to leveraging hardware functionality related to Intel’s latest Xeon “Sandy Bridge” microprocessors. In the case…

Low-Latency Summits: Looking Back and Forward – One More Time

Just a quick post to point back to the recent outing of our Low-Latency Summits, held in New York City on May 1. And also a point forward to our next Summits in the Fall. We audio recorded all of the sessions from May 1, and pulled in what presentations we were allowed, adding in…

Q&A: Gil Tene of Azul Systems on Why Java Works for Low Latency

It’s a bit of a paradox that Java is so widely used across all applications and industries, and yet is often cited as not suitable for the automated trading space. IntelligentTradingTechnology.com caught up with Gil Tene, CTO and Co-founder of Azul Systems, to find out more about Java performance, and how to improve it. Q: To…