TradingTech Insight Timestamping The latest content from across the platform

Q&A: Art Novikov on the Sweet Spot of High Performance Market Data Processing

Building systems for low-latency market data integration with trading systems requires a rare combination of technology skills and financial markets understanding. IntelligentTradingTechnology.com talked to Art Novikov, founder of Trading Physics, which leverages that combination for its customers – whether they be vendors or market participants. Q: First off, can you explain what Trading Physics does,…

Q&A: Certichron’s Tim Costello on Why It’s Important to Know the Time!

In low-latency electronic trading, and especially in an increasingly regulated world, being able to document transactions and especially exactly when they happen – in a way that is provable when disputes arise – could be crucial. But who has the correct time?  That would be Certichron, says its director of sales Tim Costello, below in…

Summit Report – Latency Measurement Vendors – Nasdaq Wants You!

If you work for a vendor of latency measurement technology, then you should have attended the Low-Latency Summit in New York City the other week. During the pre-lunch keynote, Nasdaq OMX principal technologist Dominick Paniscotti outlined efforts at the exchange group to measure – and so reduce – latency, and also put out a call…

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: George Salemie of RedDot Networks Talks Latency Monitoring and FPGAs

We came across RedDotNetworks at June’s SIFMA show, and were pleasantly surprised they that are based here in Austin, and doing interesting things in the worlds of latency management and FPGA development. So IntelligentTradingTechnology.com caught up with founder George Salemie to find out more about the company, and where it is heading. Q: When did…

Reliance on Data Vendors, Cost and Poor Data Quality Remain Hurdles to Transparency, Says City of London Paper on MiFID

As the MiFID review process rumbles on ahead of a potential sequel, more and more attention is being directed towards the data quality issues underlying the barriers to post-trade market transparency (see commentary on which here). On this note, the City of London’s recently published report into the impacts of MiFID (handily titled “Understanding the…

Latency Monitoring Revs Up to Nanoseconds

“The Value of a Millisecond” – the title of a widely quoted April 2008 white paper by my esteemed industry colleague Larry Tabb – is now as obsolete a discussion as is the Renault F1 car that graced its cover. In the world of low latency – just as in F1 – three years of…

FPGAs, Established for Market Data, Now Being Leveraged for Transactions, Pre-Trade Risk

Field Programmable Gate Arrays (FPGAs) – providing hardware-based acceleration for processing typically performed in software – are being increasingly adopted for financial markets applications, with signs that their use is moving beyond boosting market data delivery, to address transactional performance as well. Fixnetix and Wall Street FPGA are providing two such examples, as hardware acceleration…

Q&A: Endace’s Paul Doyle on IEEE1588 and More …

Before one can accurately measure latency across a network, it’s important to make sure that all the devices connected to that network are running to precisely the same time. Endace recently rolled out support for the IEEE1588 specification, designed to achieve that synchronisation. And alongside the technology, the company also launched its new positioning as…

Q&A: Steve Gleave of Endace on Latency Monitoring

In the news yesterday as a result of its global partnership with Reuters, Endace’s technology – coupled with that of partner Trading Metrics – underpins the Reuters Latency Monitor. But just who is Endace, and what does their technology really do? IntelligentTradingTechnology.com talked to Endace vice president of marketing Steve Gleave to find out more…