The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

One Trading Firm’s View of Low Latency

Presenting a session covering “Insights on Low Latency Execution Practices” at the HFT World conference in Chicago today, Alex Dziejma, principal and chief architect at Dymaxion Capital, pegged a definition of low latency trading as 20 microseconds “tick to trade.”

Dziejma went on to suggest that the definition will shift to less than 10 microseconds for next year, and as low as a single microsecond for certain trades by 2014.  Dymaxion Capital’s proprietary trading system currently clocks in at five microseconds, he added.

Seeking low latency is important at Dymaxion in order to reduce slippage on trades constructed by its algorithms. To this end, it has shunned vendor solutions as too slow and costly.

Dziejma’s advice to other firms looking to build systems is to avoid the C# and Java programming languages, and to use binary order protocols instead of FIX.

Related content

WEBINAR

Recorded Webinar: High performance market data management technologies

This webinar has passed, but you can view the recording here. The challenges and opportunities of managing market data using hardware acceleration, a deterministic approach to low latency connectivity and in-memory and other high speed databases. What are industry best practices for access to high-speed market information? How are firms using hardware acceleration? What is...

BLOG

LSE Adds TNS Low-Latency Connection in London as It Plans Data Centre Shift to Docklands

Transaction Network Services (TNS) has installed its ultra-low latency TNSXpress Layer 1 connectivity capability at the London Stock Exchange (LSE) colocation facility in the City of London. The implementation comes as the LSE is understood to be planning for a move to a new London data centre at the Telehouse facility on the Isle of...

EVENT

Data Management Summit New York City

Now in its 10th year, the Data Management Summit (DMS) in NYC explores the shift to the new world where data is redefining the operating model and firms are seeking to unlock value via data transformation projects for enterprise gain and competitive edge.

GUIDE

MiFID II handbook, third edition – How compliant are you?

Six months after Markets in Financial Instruments Directive II (MiFID II) went live, how compliant is your organisation? If you took a tactical approach to cross the compliance line on January 3, 2018, how are you reviewing and renewing systems to take a more strategic approach and what are the business benefits of doing so?...