TradingTech Insight Data Centres, Connectivity & Colo (KH) The latest content from across the platform
LCG Selects Solace to Accelerate Real-Time Price Distribution
London Capital Group (LCG), a UK-based contract for difference and spread betting provider, has selected information routing specialist Solace to consolidate and upgrade the technology it uses to distribute real-time price information to applications and traders around the world. Handling information routing between LCG’s internal applications, Solace technology will reduce latency and simplify data flows…
Eze Software Extends Collaboration with NEX to MiFID II Trade Reporting
Eze Software has extended its Markets in Financial Instruments Directive II (MiFID II) reporting capability through collaboration with NEX Regulatory Reporting, an Approved Publication Arrangement (APA) under the regulation that meets client needs to publish pre- and post-trade data and reports as soon as possible after trade execution. The collaboration bolsters Eze Software’s MiFID II…
Bloomberg Plans Addition of Chinese Securities to Global Aggregate Indices
Bloomberg intends to add Chinese RMB-denominated government and policy bank securities to the Bloomberg Barclays Global Aggregate Index. The addition of the securities will be phased in over a 20-month period starting in April 2019 and subject to planned operational enhancements being implemented by the People’s Bank of China (PBoC) and Ministry of Finance. When…
NetXpress Deploys Metamako Switches for Low-Latency Native Market Access
NetXpress, a provider of market connectivity and managed services, is rolling out Metamako ultra-low latency Layer 1 and FPGA-enabled switches to deliver native market access to trading clients including banks, hedge funds and proprietary trading shops. The company will also use the Metamako technology to support additional functionality that results in time and cost savings,…
Options Completes 40Gb Backbone Upgrade, Plans Further Upgrade to 100Gb
Options has completed a 40Gb backbone upgrade of all its managed wide area network (WAN) circuits across New York (NY) metro data centres. The infrastructure expansion is designed to allow clients to connect to high volume exchange data feeds at Mahwah, Carteret, NY4 and NJ2, without bandwidth restrictions. All clients connecting to NYSE data have…
ESMA Publishes Double Volume Cap Data
After delaying publication of double volume cap (DVC) data just after go live of Markets in Financial Instruments Directive II (MiFDI II) and Markets in Financial Instruments Regulation (MiFIR), the European Securities and Markets Authority (ESMA) has now has published DVC trading volumes and calculations. The purpose of the DVC mechanism is to limit the…
Mana Partners Goes Live with Metamako Solutions for Better Investment Decisions
New York-based electronic trading and asset management firm Mana Partners has gone live with Metamako, using its network devices to provide cost-effective, nanosecond-level access to exchanges and gaining the ability to make better investment decisions. Concentrating on quantitative and algorithmic asset management, Mana has implemented Metamako’s FPGA-based, Layer 1+ network devices running the MetaMux application….
CMC Markets Joins QuantHouse API Ecosystem
QuantHouse continues to build out its API Ecosystem with the addition of CMC Markets. This will give financial firms within the ecosystem easy and efficient access to CMC’s platform, which supports trading in global single stock constituents, equity indices, FX, commodities and treasury derivatives. Recent additions to the qh API Ecosystem include Jane Street Financial’s…
Fidessa and Virtu Partnership Provides Virtu SI Liquidity to Fidessa Solutions
Fidessa and Virtu Financial have partnered to give users of Fidessa’s market access solutions access to Virtu’s systematic internaliser (SI) disclosed liquidity, as well as improved upstream workflow to manage the more complex trading environment of Markets in Financial Instruments Directive II (MiFID II). Virtu’s customisable SI price feeds are integrated to Fidessa’s smart routing…
Options Adds Colocation Service at Nasdaq Stockholm, Plans More Venues
Options, a provider of global market data and colocation services, has made its high-performance managed colocation service available at Nasdaq Stockholm, the primary securities exchange of the Nordic countries. The service gives colocated clients low latency connectivity to the exchange’s Nordic feeds and is part of a global expansion plan that will extend Options’ colocation…