Share |


This month’s bulletin from the Financial Information Forum (FIF) finds that CME MDP FIX/FAST was up 34% to 25,753 mps over the 1 second interval

IPC Systems, Inc., a leading provider of trading communications solutions to the world’s top financial services firms, today announced the launch of a new express trading route between New York and Toronto. The round-trip latency speed provides trading firms with dedicated and express access to multiple liquidity venues and exchanges.

Hibernia Atlantic has laid down the gauntlet with its announcement of plans to build the lowest-latency trans-Atlantic cable connection. We first heard about so-called Project Express at our A-Team Insight Exchange Event in London last month, where the rumour spread as fast as a laser shot down an optimised fibre connection.

Correlix Inc., the operator of the industry leading RaceTeam service for monitoring, measuring and analyzing order and market data flows in real-time, today announced that Lime Brokerage, an independent agency broker and leading provider of high-throughput low latency technologies to the professional trading community, has selected the Correlix RaceTeam latency measurement service.

Network service provider IPC Systems has upgraded its transatlantic links by extending the high speed dense wavelength division multiplexing (DWDM) network that connects North American trading hubs in New York directly to venues in London. Onward European connectivity is supported by the company’s pan-European optical network.

BLADE Network Technologies, Inc. (BLADE), the data centre switching company, today announced that Options IT, a provider of high-performance Infrastructure-as-a-Service (IaaS) to the buyside and sellside, has deployed BLADE’s RackSwitch 10 Gigabit Ethernet (10GbE) top-of-rack technology to ensure lowest possible latency for clients of its PIPE Velocity ultra-low latency market data, connectivity and application hosting service.

London Stock Exchange (LSE) Group will open its data centre to solution vendors and service providers at the end of November 2010. Marking a step forward in the Exchange Hosting strategy that it introduced in September 2009, the scheme will add non-trading market participants to the high frequency algorithmic trading firms already co-located at the LSE data centre in the City of London.

ADVA Optical Networking's Brian Quigley moderates a panel discussion about exchange connectivity at the recent A-Team Insight Exchange event held in New York City on September 27. New technologies are rapidly lowering the transport times between exchange locations. As firms expand their HFT and Algo markets to include equities, options and FX they are gaining significant competitive advantages by lowering latency and reducing complexity in their physical connections between buildings. This session explored the most common connectivity options in use today by  firms looking to lower latency in their exchange to exchange connectivity.

Interxion, a leading European operator of carrier-neutral colocation data centres, today announced an agreement with the Nordic multilateral trading facility (MTF) Burgundy to move its matching engines to Interxion’s Nordic Financial Hub in Stockholm. This agreement allows investment and trading firms to connect at ultra-low latency to Burgundy’s platform.