About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Neueda Unveils Open Source Connectivity Solution for European Equities

Subscribe to our newsletter

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 connect to all of the European equity markets. Neueda has also launched a dedicated slack community to facilitate the exchange of ideas between trading system developers and Neueda’s Front Office SDK team (join at www.blu-corner.io)

According to Colin Pattison, managing director for capital markets at Neueda, the open-source Front Office SDK is a suite of modules and connectors that can be used to connect applications to European equity markets, and facilitate the development of electronic trading applications. “It is a cross-platform, cross-language framework, compatible with Linux, Windows and MacOS,” he says, “and allows developers to write their application in any of the main languages.”

Developers at trading firms can access Front Office SDK from Neueda’s Blu-Corner site, and integrate it with their own applications. Alternatively, Neueda’s own developers can help users integrate Front Office SDK or use it as part of custom applications within clients’ in-house frameworks.”

While the Front Office SDK hasn’t been designed for the ultra low-latency segment, combined with appropriate hardware platform Neueda reckons it is as performant as any commercial product on the market. “We understand the value of Open Source technology within capital markets,” says Pattison, “given its speed and flexibility, as well as its ability to remove upfront investment costs and harness the power of the community. Through open-sourcing this code, we are seeking to support other tech specialists in electronic trading, an area where we have a breadth of expertise. At the same time, we are actively inviting collaboration and welcome new partnerships.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: The Role of Data Fabric and Data Mesh in Modern Trading Infrastructures

The demands on trading infrastructure are intensifying. Increasing data volumes, the necessity for real-time processing, and stringent regulatory requirements are exposing the limitations of legacy data architectures. In response, firms are re-evaluating their data strategies to improve agility, scalability, and governance. Two architectural models central to this conversation are Data Fabric and Data Mesh. This...

BLOG

Nasdaq and AWS Deepen Partnership to Offer Calypso as a Managed Service

Nasdaq and Amazon Web Services (AWS) have expanded their strategic partnership, announcing that Nasdaq’s Calypso platform will now be available as a fully managed service on AWS. The move aims to provide financial institutions with a modernised, resilient, and scalable infrastructure for their capital markets and treasury operations. The offering sees Nasdaq managing the underlying...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Data Handbook 2014

Welcome to the inaugural edition of the A-Team Regulatory Data Handbook. We trust you’ll find this guide a useful addition to the resources at your disposal as you navigate the maze of emerging regulations that are making ever more strenuous reporting demands on financial institutions everywhere. In putting the Handbook together, our rationale has been...