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IPC Systems, Inc., a leading provider of trading communications solutions to the world’s top financial services firms and global enterprises, has extended its global financial network with ultra low latency connectivity to TMX Group’s Toronto Stock Exchange, TSX Venture Exchange and Montreal Exchange venues. The announcement provides users of IPC’s suite of Electronic Connectivity Services with secure, high-speed 10Gbps dedicated connectivity to TMX Group’s equities and derivatives exchanges and market data feeds, TMX Information Processor products and TMX’s co-location facility, while also providing local traders with access to IPC’s broader global financial network that connects 200 cities in more than 70 countries worldwide.

Tervela, a New York-based provider of high-speed, no-loss data movement infrastructure to the financial trading community, announced today that it has signed a technology agreement with Tradeweb, the leading online marketplace for fixed income and derivatives. Under the terms of the arrangement, Tervela will provide Tradeweb with an enhanced messaging layer to integrate into its existing electronic trading infrastructure.

SunGard has launched an ultra low latency, real-time order validation engine, Valdi Order Validator, to help meet the needs of brokers offering sponsored access (SPA) or direct market access (DMA) solutions. Valdi Order Validator provides customers with a risk control platform that helps manage risk without compromising speed. It is a distributed system, providing a centralized view of trading activity and control over multiple routes and access points, supporting collocation at several venues and exchanges.

Stuart Grant SybaseBuilding a low latency trading architecture is not just about high performance and speed, it is also about usability, agreed panellists debating ‘Deploy Fast, And Build to Last’ at this week’s Business & Technology of Low-Latency Trading (BTLLT) event in London. However, there was some debate between panellists from TraderServe and Sybase about the shelf life of an algorithm: figures ranged from four days to four years.

Ian Pearl OracleOracle is focusing on building a Java-based pre-engineered trading bundle this year in order to facilitate fast deployment and “fewer moving parts” to deal with for its customers, explained Ian Pearl, global lead of the vendor’s Capital Markets business, to delegates at this week’s Business & Technology of Low-Latency Trading (BTLLT) event in London. This development is aimed at tackling the challenge of performance versus time to market in the low latency trading architecture space.

The Vienna Stock Exchange has introduced the Last Trade Product for realtime end users for cash market data. It contains post trade data, defined as trade information with prices and sizes at strongly reduced prices per end-user.

SpryWare, a premier provider of Ultra Low Latency feed handlers and direct market data technology, today announced the general availability of their feed handler for real-time processing of Brazil’s BM&F Bovespa exchange’s new Unified Market Data Feed (UMDF). The new feed handler development was driven by increasing client demand and growth in Latin American markets. The feed utilizes FIX/FAST protocol and is included with the latest version of the SpryWare Market Information Server (MIS).

Eleven New Record Peaks over the 1 second interval: UTDF, UQDF, PSX TotalView ITCH 3.2, BONO, TotalView ITCH 3.2 from NASDAQ, CTS, CQS and OPRA from SIAC, Deutsche Börse CEF Ultra+Xetra, NYSE ArcaBook Options and Direct Edge EDGA.

Alan Dean HSBCRegulatory change is pushing the industry towards a central utility model for market and real-time data, according to Alan Dean, global head of cross asset FIX connectivity at HSBC Global Banking and Markets. Speaking at A-Team Group’s Business & Technology of Low-Latency Trading (BTLLT) event in London this week, Dean indicated that the onslaught of regulation is squeezing firms’ budgets and the logical extension of a cost saving approach would be to opt for a utility infrastructure via a consolidated European data centre.