Latency
Handling the Growing Buzz
High-frequency trading is at a crossroads. The barriers to entry for high-frequency trading have never been this low for buy-side firms. At the same time, sell-side brokers are facing a low-latency arms race trying to make sure they can deliver the…
Evolving Demands Lead Wedbush to Diversify
Automated trading has been constantly evolving over the past decade as trading technology progresses, but its overall effect on the cash equities markets has not changed: Trading margins continue to come under increasing pressure as more firms want to…
Keeping Up with the Co-Los
Low-latency data and its surrounding technologies have become big business. I hadn't realized just how big until I saw a report last week from Brazilian exchange group BM&F Bovespa showing the increases in direct market access trading, and specifically…
Unveiling Data’s Potential
Special Report
The Sound and the Fury
There's been a lot of buzz in the financial markets over the past week on how a former Goldman Sachs employee, Sergey Aleynnikov, allegedly downloaded his former employer's proprietary trading "secret sauce." Some coverage in the business press…
From Russia With Latency
With a birthday coming up at the end of the month, I was expecting some cards, so I was encouraged to see one arrive in the mail this week from some business contacts in Russia. However, when I opened the envelope, I realized that all was not as it first…
Will Non-MVPs Strike Out?
The New York Yankees and New York Mets both moved into billion-dollar new stadiums this season, despite the financial constraints associated with the turbulent economy. And while I can't vouch for attendance at Citi field, the Yankees have played to sell…
Sponsor’s Statement: Unveiling Data’s Potential
Special Report
Latency Still Vital, But 'Smarts' is New Focus
While latency continues to be a competitive differentiator for trading firms, they are placing more emphasis on how they leverage their technology in smarter ways to create greater benefits, according to panelists at last week's North American Financial…
Panel: Take Dual Approach to Tackling Capacity
Capacity issues resulting from more algorithmic trading and increased data volumes continue to vex industry participants, who are taking a dual approach of trying to predict capacity requirements while reducing the number of applications that need access…
Green Data: Impact vs Low Latency?
Milliseconds matter, but so does public opinion. Professor Michael Mainelli, executive chairman of London-based think-tank Z/Yen Group, says trading can remain competitive while dealing with issues more important than latency.
Solving the Latency Problem
As algorithmic and black box traders continue to grow their share of trading volume on the electronic markets, the importance of managing message latency continues to grow in parallel. For those firms that can receive the quotes the quickest and execute…
Panel: China Demand for Data, Tech to Grow
A growing economy, burgeoning numbers of retail investors, and the need for technology to compete with Western markets are all driving demand for market data in China's financial markets, according to panelists in Shanghai.
Speed Limits
As two of this week's top stories show, data isn't always about speed, but is often about making sure that the right data gets to the right people, with guaranteed uptime in the event of an outage from any one provider.
Tabb: Data to Drive Datacenter Spend
Spending on datacenters and co-location by financial firms will grow in the coming years, despite budget restraints in the current economic climate, as demand for space grows and costs remain high, according to a new report from Tabb Group.
Report: Data Industry Seeks Third Player for New 'Big Three'
FactSet Research Systems, Interactive Data and SIX Telekurs saw the fastest growth among major data providers in 2008 as the market seeks a third competitor to break up the duopoly of Thomson Reuters and Bloomberg, which both saw slight growth in market…
Trimming the Fat? Or Cutting to the Bone?
In the event that we're lucky enough not to know someone whose job has been directly affected by the financial crisis, the current layoff frenzy sweeping the entire economy serves as a reminder that although the recession may have been sparked by…
The Rise of the Boutiques
Nature truly abhors a vacuum and so do the markets. While Citigroup CEO Vikram Pandit tolls the official death knell of the "supermarket model" for financial institutions as he cleaves his firm into Citigroup and Citi Holdings, many firms and vendors are…
Firms Struggle to Tame Capacity, Latency
Trading firms continued to pursue ever-lower latency in 2008, but continued to face challenges from spiralling data volumes, driven by options data and the arrival of new trading venues in Europe. With no clear solutions emerging to address the dual…