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Correlix Ltd., the leading provider of Latency Intelligence solutions for monitoring, measuring and analyzing order and market-data flows in real-time, today announced that Direct Edge, America's newest stock exchange, has selected Correlix's RaceTeam latency monitoring service to provide full latency transparency of order execution and market data flow in real-time to its customers.

Pan-European multilateral trading facility Bats Europe is live with market data sourced from Thomson Reuters’ new Elektron delivery infrastructure. Bats is the second major MTF to sign up for Elektron-delivered data from the main European equity exchanges and other MTFs, following an earlier decision by rival Chi-X Europe.

Sao Paulo, Brazil-based Alliance Asset Management has gone live with a tick data management and complex event processing (CEP) system from OneMarketData. The proprietary trading specialist commenced production use of the OneTick solution a week ago, using it to "generate alpha researching trading ideas that occur at higher frequencies," says Vinicius D'alesandro, a partner at the firm.

Atrium Network’s addition of FXCM to its list of foreign exchange connections is part of the French connectivity provider’s ongoing expansion both in terms of asset class and geography. FXCM will use Atrium’s extranet to connect its North Bergen, New Jersey, data centre to Atrium points of presence (POPs) in the New York/New Jersey metro area.

Internap Network Services Corporation, a leading provider of end-to-end Internet business products and services, today announced its alliance with Lightower Fiber Networks, a leading metro fiber network and bandwidth service provider in the Northeast. Through the relationship, enterprises in buildings and data centers connected to Lightower’s all-fiber network can now optimize network performance and availability through the use of Internap’s Performance IP. Businesses can also benefit from Internap’s Managed Hosting, CDN and Colocation services.

The autumn season of 2010 holds the promise of extreme exchange action in the European arena as all of the major incumbent exchanges proceed with major investments in their matching engine, data centre and connectivity infrastructures. Clearly, this has all come in response to the arrival of a glut of multilateral trading facilities (MTFs) since the launch of the most successful of them – Chi-X Europe – back in mid-2007.

BLADE Network Technologies, the data center Ethernet switching company, Solarflare Communications, the leading provider of 10GbE silicon, and Cloudsoft Corporation, a provider of cloud computing software and services that drive application mobility, announced today the results of multivendor benchmarking of Monterey, Cloudsoft’s enterprise-class cloud platform. The benchmark showed that the 10 Gigabit Ethernet test environment achieved consistently low network latency of just 26 microseconds between Virtual Machines (VMs) communicating on different hosts. The testing demonstrates that near-native performance is now possible with applications running in a highly virtualized cloud computing environment.

SunGard has acquired Fox River Execution, a leading broker dealer that provides algorithmic trading technology and execution solutions to institutional firms trading equities and exchange-traded funds (ETFs). Fox River Execution, which will become part of SunGard’s trading business, will augment SunGard’s ability to provide customizable algorithmic trading solutions to help customers improve execution quality, meet best execution requirements and better access available liquidity in today’s fragmented equities markets. The acquisition, the terms of which were not disclosed, is not expected to have a material impact on SunGard’s financial results.

OneMarketData, LLC, the leader in complex event processing (CEP), tick data management and analytics, today announced that Alliance Asset Management, a proprietary trading firm based in Sao Paulo, Brazil, has selected OneTick CEP and Database to support its quantitative research and high frequency trading within the global financial markets.