TradingTech Insight Data Centres, Connectivity & Colo (KH) The latest content from across the platform
Trading Technologies Adds Colocated Execution and Connectivity at ICE Data Centre in Basildon
Trading Technologies International (TT) has added colocated execution and client connectivity services at the ICE Data Services European Liquidity Centre in Basildon, UK, to its global trading infrastructure offering. The expansion to Basildon provides TT’s global user base with the lowest-latency direct market access to ICE’s European derivatives markets through the TT platform, and also…
Anova Partners NovaSparks to Deliver Sub Microsecond Market Data Processing Latency
Anova Financial Networks, an international carrier and market data provider, has partnered NovaSparks, a field programmable gate array (FPGA) market data company, to provide customers with an optimised and best-of-breed market data service connecting the Chicago Mercantile Exchange (CME) to the New Jersey Equity Triangle. The service, MicroFeed, deploys NovaSparks’ NovaTick ticker plant that conflates…
Pico Reaches Agreement to Acquire Corvil, Plans Corvil-as-a-Service
Pico has reached a definitive agreement to acquire Corvil, a deal that will create a powerhouse providing managed trading technology services underpinned by sophisticated real-time performance analytics. The acquisition will combine Pico’s trading technology services with Corvil’s performance monitoring and analytics products to help clients gain greater insight into Pico’s managed electronic trading environments. Existing…
BTON Financial Taps Schwieger and Walker as Non-Execs
BTON Financial, a startup that is offering outsourced smart broker routing targeting mid-tier asset managers, has appointed the London Stock Exchange’s Brian Schwieger and Merrill Lynch’s Tony Walker as non-executive directors. Schwieger and Walker have joined as advisors, helping BTON to promote its vision of offering SaaS-based, broker-neutral routing of buy-side orders to sell-side trading…
Cost of Trading Infrastructure Goes Down as Demand for Lower Latency Goes Up
The cost of technology to optimise trading infrastructure is going down, but that doesn’t mean demand for increasingly low-latency solutions is going down too. A panel at A-Team Group’s recent TradingTech Summit in New York City discussed the issues of optimisation for high performance under the auspices of moderator Greg Piesco, associate partner at Citihub…
MIK and Itiviti Partner to Deliver OMS Connectivity
MIK Fund Solutions has partnered Itiviti to integrate its OMS with Itiviti’s NYFIX order routing network and give clients access to the NYFIX service delivery platform. MIK is one of 50 buy-side service providers to select NYFIX as their main connectivity partner. Marshall Saffer, chief operations officer at MIK, comments: “When we decided to launch…
Pico Pushes on to Fulfil Global Expansion Plan
Pico, a provider of infrastructure, connectivity, cloud technology, data and analytics services, has a global expansion plan and is pushing on to fulfil it with an additional 20 colocation facilities due to be up and running across Asia this year, expansion of its PicoNet proprietary network, hybrid connectivity options including radio transmission, and ongoing developments…
ASX Adds Liquid-Based Cooling Pods at Australian Liquidity Centre
The Australian Securities Exchange (ASX) is opening its first high-density pod at its colocation data centre, the Australian Liquidity Centre (ALC). The pod is designed to meet customer demand for high-density power combined with efficient cooling and can deliver up to 24 kilowatts of power into an individual cabinet. The pod provides customers the same…
A-Team Group Announces Winners of its 2019 TradingTech Insight North America Awards
Congratulations to the winners of A-Team Group’s 2019 TradingTech Insight (TTI) North America Awards. The awards were celebrated during a lively drinks reception hosted by A-Team president and chief content officer Andrew Delaney after the close of the company’s TradingTech Summit in New York City on June 11, 2019. The awards recognise excellence in trading…
Neueda Unveils Open Source Connectivity Solution for European Equities
Trading technology consultants Neueda has launched an open-source version of its markets connectivity software. The move seeks to address firms’ growing appetite for trading system components they can build around, rather than build high-performance infrastructures from scratch. The company’s Front Office SDK – available free of charge via GitHub at https://github.com/blu-corner/fosdk – allows trading firms…