Latency
Liquidnet Takes Solace in Hardware for Messaging
OTTAWA-Block trading venue Liquidnet has begun implementing the Unified Messaging Platform from hardware-based middleware provider Solace Systems, replacing its previous software-based systems from Tibco and 29West, according to Liquidnet officials.
FSMLabs Updates TimeKeeper
AUSTIN, TEXAS-Time synchronization platform provider FSMLabs has released version 3.0 of the vendor's TimeKeeper server clock synchronicity platform, officials announced today, April 12.
Nomura Shrinks Latency with ‘Westmere' Processor
LONDON-The U.K.-based algorithmic trading operations of Japanese investment bank Nomura has shaved latency off its order processing and trading applications by running them on the latest six-core Xeon 5600 Series from Intel, say bank officials.
Atrium Plans FX Fiber Ring
NEW YORK-As part of an ongoing project, network provider Atrium Network plans to finish the deployment of a network dedicated to foreign exchange (FX) connectivity by the end of the year, according to vendor officials.
Trading Firms Zero in on Nanoseconds
BARCELONA-The time it takes a beam of light to travel approximately 30 centimeters in a vacuum-one billionth of a second-will be the new performance benchmark for electronic traders, according to industry insiders who participated in a panel discussion…
Integration Demands Spur 29West Buy
NEW YORK-Acquiring low-latency messaging provider 29West means that data integration software vendor Informatica will be able to integrate messaging capabilities into its services and address more customer needs for the front, middle and back offices,…
Chi-Tech Betas WebSphere LLM
HONG KONG-Chi-X Global Technology (Chi-Tech), the technology service arm of Chi‑X Global, is in the midst of testing the low-latency middleware from IBM for three planned Asian markets-Chi-X Australia, Chi-X Japan and Chi-East-to be launched later this…
Greenline Bundles FIX Monitoring, Latency Tools
Greenline Financial Technologies will this week unveil a revamped version of the latency monitoring software it acquired last year from defunct software house Trading Metrics ( IMD , Jan. 4), with the new name of Latency Monitor.
Object Trading Shaves Pre-Trade Latency
SYDNEY-High-performance trading infrastructure provider Object Trading has rolled out enhancements to its FrontRisk Interactive In-Line Risk Management service for sell-side users, say vendor officials.
AlgoEngineering Spins Off Tech Startup
NEW YORK-Low-latency execution provider AlgoEngineering recently launched a new venture, dubbed Algo Technologies, which will turn the vendor's proprietary infrastructure into products and services for third parties.
Making That Special Connection
Valentine's Day: a time for hopeless romantics, confessions of love, overpriced meals, and for separate parties to come together as part of a greater unity. No wonder, then, that CME Group and Dow Jones Indexes should choose last week to marry their…
Reduced latency for SunGard's GL Net global order-routing service
SunGard has deployed new ultra-low latency market data distribution (MDD) servers for GL Net, its market-data and order-routing network. GL Net customers are now able to access highly scalable and enriched market-data flows delivered at a microsecond…
New Year's Revolutions
After a cold and snowy Christmas and New Year, it warmed my heart to see further signs of an economic thaw in 2010-if not the green shoots of recovery, then at least the seed of new hiring initiatives creating a more fertile job market.
Technology and Voice: The Twin Pillars of Over-the-Counter Fixed-Income Trading
Discussions devoted to the e-execution arms race are widespread, as message latency increasingly is dissected with explorations into optimal system configuration and message streamlining. The quest for "smart speed" has been relentless. As verifiable…
Smaller IT Budgets Push Creativity
The past year has presented new and interesting technological challenges for 2010 to the listed-derivatives industry. First, trading volumes actually declined for the first time in over a decade, but message traffic continued to explode. Second, demand…
Latency: Industry Ups Focus on Measurement
The race to zero of eliminating latency from data distribution and processing continued apace in 2009, though firms also became more critical of their ability to accurately measure latency, to assess their status compared to their peers.
Report: Bloomberg Gains as Spend Falls
The financial industry will spend $22.7 billion worldwide on market data and related services this year, a decline of 1.5 percent from $23 billion in 2008, primarily as a result of budget and staff cuts at end-user firms that have led to reductions in…
Poll: Firms Focus on Latency Measurement
More firms have increased their budgets for latency-related projects during 2009 than at the trough of the financial crisis last year, but are focusing spend largely on internal monitoring and measurement projects rather than large capital outlays,…
Keynotes: Asia Emerges As 'New West' in More Interconnected Markets
The keynote speakers from Thomson Reuters and Interactive Data at last week's Asia Pacific Financial Information Conference delivered a rallying cry to market participants in the region to prepare for the challenges resulting from anticipated rises in…
A Lesson in Latency from LA
Last Thursday night, seeking inspiration for my column, I had the pleasure of watching a playoff game between the New York Yankees and the Los Angeles Angels of Anaheim. In a 45-minute seventh inning, the Yankees came back from a 4-0 deficit to end the…
RTS and Fixnetix in low-latency alliance
RTS Realtime Systems Group, the Ravensburg, Germany-based trading systems provider, has teamed up with Fixnetix to provide ultra-low-latency trading tools for the high-frequency trading community accessing European equity and derivatives markets.