TradingTech Insight Trading Infrastructure & Cloud The latest content from across the platform
Avelacom Broadens Partnership with Singapore Exchange and Reduces Latencies
Low-latency connectivity and infrastructure provider Avelacom has broadened its partnership with Singapore Exchange (SGX), adding a colocation capability. Avelacom’s new server rack will be situated next to SGX’s core matching engine, providing round-trip network latency of less than 20 microseconds, which Avelacom claims is the fastest in the market. Avelacom has partnered with SGX since…
Iress Creates API Data and Trading Solutions Team
Trading technology provider Iress has launched a dedicated API Data and Trading Solutions team to support demand for the company’s market data and infrastructure solutions. The company says the development marks the completion of the full integration of the QuantHouse business, which it acquired in May 2019. The new team will support clients using Iress’s…
CME/Google Partnership Aims to Transform Derivatives Markets
CME will migrate all of its markets and technology infrastructure to Google Cloud over the next 10 years, starting with its data and clearing services in 2022, under a 10-year strategic partnership between the two organisations. The arrangement – which CME Chairman and CEO Terry Duffy has said “will transform derivatives markets through technology” –…
SGX Partners DataBP to Power Own Brand Market Data Licensing and Usage Portal
Singapore Exchange (SGX) has partnered DataBP, provider of a market data administration platform and services for exchanges, index and data providers, to use the latter’s platform and commercial expertise to roll out SGX Data Direct, an SGX-branded online portal for data licensing and usage reporting powered by DataBP. SGX joins a community of exchanges using…
B2B Data Marketplaces and Beyond
Financial institutions and corporations often generate huge quantities of data as a by product of their core activities. This data – details of historical transactions, customer interactions and metadata for referring to instruments, counterparties or entities – can provide valuable insights for industry participants, and form the basis of a meaningful data sales business. But…
TNS Strengthens Backbone for European Equities Exchanges
TNS, the financial markets infrastructure provider, has invested in strengthening its European backbone and data solutions, offering ultra-low latency TNS Layer 1 in-datacentre architecture, and expanded market data from all major European equities exchanges. The company has also added Wiener Boerse AG, which operates the stock exchanges in Vienna and Prague, to its market data…
MayStreet Adds High Performance Query API to Market Data Lake
New York-based market data technology vendor MayStreet has launched a High Performance Query (HPQ) API to its Market Data Lake, a cloud-based repository of global, cross-asset exchange data, to complement its existing APIs and web-based Analytics Workbench. The HPQ API enables clients to instantly stream near real-time and historical full-depth data at distinct time intervals…
Private Equity Firm 7RIDGE to Acquire Trading Technologies, Installing Todd as CEO
Derivatives connectivity and trading platform operator Trading Technologies International (TT) is to be acquired by 7RIDGE, a London-based private equity firm run by ex-Deutsche Boerse CEO Carsten Kengeter. The deal, for an undisclosed sum, is backed by two of the world’s largest derivatives exchanges, Singapore Exchange (SGX) and Cboe Global Markets. The deal with 7RIDGE…
Online Broker Axi Implements KX Insights for Data Analysis
Online foreign exchange broker Axi has adopted KX Insights, KX’s cloud-first, real-time streaming analytics platform, as part of its expansion plans. Axi will use KX Insights for capture, analysis and visualisation of enormous datasets in real time including market data quotes, customer trades, and derived calculations in the cloud. Axi says the deployment strengthen its…
Pico Launches 100 Gbps Corvil 10000 Performance Monitoring appliance
Markets technology and infrastructure provider Pico has released its new flagship appliance – the Corvil 10000 – which boosts the capacity of its performance monitoring and analytics capabilities to handle 100 Gigabits/second deployments. The development follows the release last spring of 100 Gbps capability for Corvil Analytics’ performance monitoring solutions, and is aimed at meeting…