About a-team Marketing Services
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

Subscribe to our newsletter

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.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Integrating Intelligent Machine Readable News

Intelligent machine readable news is a powerful tool in the arsenals of trading and investment firms seeking competitive advantage. It turns unstructured data into actionable insight and can be used, for example, to uncover market trends, identify correlations and evaluate sentiment. In turn, it can inform quant strategies and predictive models. While machine readable news...

BLOG

Exberry Launches Cloud-Native Exchange Platform

Exchange and trading technology company Exberry has launched what it claims to be the first cloud-native exchange platform to support any asset. Nebula by Exberry provides a full exchange and marketplace solution, centred around a central limit order book (CLOB) and matching engine designed to support both traditional asset classes and digital securities. The asset-agnostic...

EVENT

RegTech Summit London

Now in its 7th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Hosted/Managed Services

The on-site data management model is broken. Resources have been squeezed to breaking point. The industry needs a new operating model if it is truly to do more with less. Can hosted/managed services provide the answer? Can the marketplace really create and maintain a utility-based approach to reference data management? And if so, how can...