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FIX Protocol Proposes Standards to Support a European Consolidated Tape
FIX Protocol Ltd. (FPL) has recommended standards to support the consolidation of trade reports and market data in European equity markets. It suggests the standards could play into the European consolidated tape mandated by MiFID and accelerate discussion about similar standards for fixed income and derivatives markets. The recommended standards are the result of work…
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…
Screen Upgrades INFOmatch Index Licensing Module to Boost Transparency, Control
Screen INFOmatch is planning to release an upgraded version of its eponymous market data inventory system that supports cost and contract management in mid-December. The new version will focus on index licensing with the provision of tools for improved management and increased transparency. Peter Fruitema, CEO of Screen Group, a financial services solutions company that…
Fixnetix and Asperatus Capital Tap NovaSparks For HFT
Fixnetix and its long-time customer Asperatus Capital have tapped NovaSparks to provide them with ultra-low-latency direct market data via its FPGA-accelerated Matrix appliances. That data is used to fuel HFT strategies. Founded in 2009 in London, Asperatus is an established customer of Fixnetix, which provides it with infrastructure, hosting, co-location and connectivity services to a…
Datacom Panel: Life After HFT For FPGAs
High Frequency Trading, evolving applications and programming advances were key topics at “FPGA Advances in Market Trading” – a panel discussion held in New York City this week, hosted by Datacom Systems. The panel also included representation from Altera, ITRS, NovaSparks and Strike Technologies, and was moderated by Low-Latency.com. Among the issues debated was one…
Viewpoints on Latency – Thought Leadership at The Cutting Edge of Electronic Trading – November 2012
Viewpoints on Latency is a regular collection of news, thought leadership and opinion from the Low-Latency.com community. In this issue: * Pete Harris of Low-Latency.com provides the low-down on the latest developments at the cutting edge. * Dave Malik of Cisco Systems discusses the performance and analytics of the company’s Nexus 3548 switch. * Donal O’Sullivan of Corvil outlines new…
Cisco, AdvancedIO and MayStreet Accelerate Market Data
Following on from the recent ‘real-life’ benchmarking of its Nexus 3548 switch, Cisco Systems has published a white paper on accelerating market data, working with AdvancedIO Systems and MayStreet. In the white paper – available here – different architectures are considered, including processing market data by software on a server versus performing filtering on an…
Bloomberg Takes Steps to Build Enterprise Business with App Portal
Bloomberg is working with third-party software developers to populate the Bloomberg App Portal, a platform that extends Bloomberg’s offer to subscribers with added-value applications written by external providers and powered by data and news from the Bloomberg Professional service. The portal marks Bloomberg’s first major enterprise product introduction under the supervision of Stanley Young, CEO…
STAC Benchmarks IBM’s Hadoop
STAC – aka the Securities Technology Analysis Center – has benchmarked IBM’s proprietary Platform Symphony implementation of Hadoop MapReduce, versus the standard open source offering, to compare their respective performance. On average, IBM’s implementation performed jobs 7.3 times faster than the standard, reducing total processing time by a factor of six. Better known for its…
McObject, Dell, Mellanox, Kove Set Record STAC-M3 Benchmarks
McObject with its eXtremeDB Financial Edition database has set record STAC-M3 benchmarks running on a hardware platform provided by Dell, Mellanox and Kove. eXtremeDB is just the second database to be featured in published STAC-M3 benchmarks, the other being Kx Systems’ kdb+. STAC-M3 – as administered and audited along with other benchmarks by the Securities…