High-frequency trading (HFT)
In Expansion Beyond HFT, FPGAs Eye AI
After a decade of supercharging low-latency applications, Wei-Shen Wong explores how FPGAs are pushing into new areas of the capital markets, driven by interest in AI & ML.
Colt Cuts Japan–Hong Kong Latency to Sub-41ms
Beyond new latency reductions between Tokyo and Hong Kong, Colt will continue to optimize its routes and expand its network coverage.
Support Swells for Developer in Spoofing Software Case
Petition for Chicago programmer Jitesh Thakkar nears its goal as industry worries about precedent CFTC enforcement case could set.
HFT Firm Grasshopper Taps Google Cloud for Research Platform
The firm's chief investment officer, Tan T-Kiang, explains how his team is using GCP to "listen" to live market data.
HFT Firm Potamus Looks to Outsourced Trading, New Asset Classes
Potamus has seen its US equities platform grow in the past year.
HPR Rolls Out Centralized Trading Infrastructure CRM-X
CRM-X uses cloud-like technology to trade and consolidate capital across markets.
Independence Day: Separation Brings Value for Fintech Spinoffs
Financial firms with a data or technology ‘vendor’ arm developed in house are finding that separation can benefit both business lines. Max Bowie speaks to companies that have spun out from other organizations about the good, the bad, and the ugly aspects…
SBI Invests in High-Speed Broker Potamus
The investment is expected to help expand business in the US and other asset classes.
Metamako Buys xCelor’s Hardware Ops to Grow Switch Business
Officials say the deal will allow xCelor to focus on its network applications business, while Metamako will take over the provision of underlying switching technology, expanding its own FPGA switch business. Wei-Shen Wong reports.
Prop Shops Lock On to Crypto Markets
As the sell side hesitates, advanced principal trading shops are getting in on the crypto craze in a big way.
The Insurgents: Fintechs Are Knocking Off Incumbents
Anthony Malakian says that in just the first two months of 2018, some big headlines are proving just how effective fintechs are at competing with the big players in the capital markets space.
Asia’s New Tigers: Exchanges Overhaul Aging Systems
Waters looks at major projects being rolled out in 2018 at exchanges in Japan, Australia, Hong Kong and Singapore.
The Curious Case of the Trader–Vendor
Tradeworx, now Thesys Group, is the latest in a series of firms that has decided to pull back from trading activities and focus on fintech. And it’s unlikely to be the last.
FCA Releases Review of Algo Trading
UK regulator provides effective "how-to" guide for compliance.
Tradeworx Sells Trading Arm to Focus on Fintech
The company renamed itself Thesys Group and will focus on growing Thesys Technologies.
Chicago Code: A Profile of DRW's Seth Thomson
Seth Thomson, CIO of DRW, talks to Waters about his career, innovation and how the firm has expanded into new asset classes, including cryptocurrencies.
What to Do About Mifid II
Europe’s regulatory big bang arrives today as an evolving set of rules rather than a finished product.
Peeling Back European Regulations in 2018: What to Expect Next Year
Waters runs through the key facts you need to know about Mifid II, GDPR, BMR and Brexit.
Final Call for Mifid II
National and privately owned stock exchanges across Europe, the heart and mind of the bloc’s financial marketplace, are gearing up for January 3, 2018, when Mifid II finally comes into force.
Argentinean Exchange BYMA Now Live on LSEG Technology’s Millennium Trading Platform
The Millennium Exchange platform replaces BYMA's internally-built legacy platform.
Avelacom Deploys Metamako FPGA Switch at CME Datacenter
Officials say the move will significantly reduce latency within CME's Aurora datacenter.
Machine Learning in the Capital Markets: Waters Takes an Inside Look
Anthony Malakian looks at a dozen live projects in the capital markets that use machine-learning tools to improve front-, middle-, and back-office processes.
CLS Adds Four Currencies to Aggregation Service
Non-CLS eligible currencies from Russia, China, Turkey and Poland are the newest additions to its aggregation service.
QuantHouse Launches Stress Testing for Algos Ahead of Mifid II
Vendor partners with datacenter specialists Interxion for algorithmic stress-testing facility