TradingTech Insight White Paper
Architectures for Extreme Low Latency
In recent years, a combination of regulatory reforms, market structure evolution and technology innovation have combined to create a new paradigm for the global financial trading markets; one in which the speed at which transactions can be executed is fundamental to the success of market participants. Put simply, for such a participant – be it...
Viewpoints on Latency – Towards Zero Latency – June 2011
Trading firms continue to invest significant sums in low-latency technologies, with connectivity and co-location being a big focus, and a large proportion of IT budgets. Reducing propagation latency from the trading chain – by going with the fastest network provider and installing systems in co-location data centres – remains for many the simplest approach to...
Optimising Value from High Performance Connectivity
High frequency trading (HFT) is now a term recognised by the mainstream. This wide familiarity has coincided with maturity of HFT practices, the explosion in their use, and a flattening out of the potential returns as competition increases. Early adopters of HFT were able to leverage high-performance technologies to generate vast returns. Today, the environment...
Viewpoints on Latency – I Am Not a Number – May 2011
The “Three Ms of Latency” are a set of essential steps that turn the data that’s derived from a roster of tools – including those from contributors Corvil and TS-Associates – into meaningful, actionable information that can be leveraged to boost one’s business. The Three Ms of Latency are: Measure, Monitor and Manage. It all...
Informatica, HP and Mellanox Benchmark Report
This white paper was written by Informatica, HP, and Mellanox Technologies. The securities trading market is experiencing rapid growth in volume and complexity with a greater reliance on trading software, which is supported by sophisticated algorithms. As this market grows, so do the trading volumes, bringing existing IT infrastructure systems to their limits. Trading technology...
Data Management for New Trading Opportunities
As high-frequency and quantitative trading techniques mature, trading firms are finding it harder to make money. Market practitioners are recognizing that speed of market access alone is no longer sufficient to stay ahead of the pack, as low-latency connectivity enters the mainstream. The emphasis is returning to the quality of the trading model. In order...
Trading Beyond the Horizon: Fragmentation Drives Multi-Market Execution
In 2010, financial markets participants will continue to expand their trading activities as liquidity increasingly becomes fragmented, seeking alpha in new markets, best execution in dark pools, arbitrage opportunities across the order book and by implementing high frequency and complex, multi-leg, cross asset class strategies. The successful operations – whether they be the proprietary desks...
Cinnober: Lowering Door-to-Door Latency to 25 Microseconds within 18 months
This white paper was written by Cinnober. Today speed is crucial to any trading venue that wants to stay competitive. At the same time, with high-frequency trading gaining an increasing share of overall volumes, the ability to manage rising transaction volumes is also a necessity. In 2007, Cinnober published a white paper which established some...
Issue 7: Low Latency – Are You Performing?
Low latency technologies continue to be deployed by the financial markets – driven by the need to adopt them simply to stay in the trading game, and hopefully win at it. But low latency covers a wide range of components – from networks, to server hardware, to operating systems and middleware, to middleware, and to...
Issue 6: Low Latency – Are You Performing?
Even as the financial markets undergo unprecedented turmoil, the drive to lower latency shows no sign of abating. Why is this? Put simply, it’s because low latency technologies enable those competing in the financial markets – whether they be sell-side firms, buy-side firms, exchanges or alternative trading venues – to run ahead of the pack....