NYSE Euronext's NYSE Technologies unit is partnering with latency monitoring specialist Corvil to launch LatencyStats.com, a website designed to expose latency figures for NYX (and potentially other) data feeds. Initially, the service - which is free and open access - is monitoring data from the NYSE ArcaBook and NYSE OpenBook markets, which have been determined to be especially latency sensitive.
Kairos Asset Management (KAM), a Sao Paulo, Brazil-based company, with US$100 million under management, has confirmed its commitment to the StreamBase complex event processing (CEP) platform by adding futures strategies to the high frequency equities trading strategies it already runs on the platform (see its earlier deployment here).
NovaSparks SA the ‘No Latency’ specialists in data packet processing solutions today announced it has secured Series A financing of USD 2 million from Partech, a leader in international venture capital. Partech invests in technology and internet firms, major successes include Business Objects, DailyMotion, Informatica and Digitick. Jean-Marc Patouillaud, partner at Partech, joined the NovaSparks Board of Directors earlier this year.
ACTIV Financial, a leading global provider of fully managed low-latency market data solutions, today announced that Jefferies, a major global securities and investment banking firm and long-term ACTIV customer, has deployed ACTIV’s Market Data Processing Unit (MPU) to reduce its hardware footprint, enhance performance and lower its cost of ownership for market data services.
Solace Systems, the leading provider of hardware-based middleware, today announced the release of V5.0 of SolOS, the specialized firmware used to control and manage Solace message and content routers. This release includes many new features and optimizations that provide additional benefits to its hardware-based platform as compared to software alternatives. The release features several messaging firsts, virtually all of which were suggested by customers in various stages of deployment on Solace's platform.
Solace Systems, the leading provider of middleware appliances, today announced that ITRS Group plc, the leading provider of predictive, real-time systems and application management products to the world's financial community, has integrated connectivity between ITRS Geneos and Solace's Unified Messaging Platform. The integration was completed at the request of joint customers, including a large multinational bank. Clients who use Solace for low latency middleware can now use the ITRS Geneos Dashboard to view key latency statistics and reports from Solace networks in real-time.
The Commodity Futures Trading Commission (Commission) today announced the publication in the Federal Register of a proposed rule that specifies requirements for Designated Contract Markets, Derivatives Transaction Execution Facilities and Exempt Commercial Markets that list significant price discovery contracts (collectively referred to as “exchanges”) and offer co-location and/or proximity hosting services to market participants. The proposal includes provisions relating to equal access, fees, latency transparency and third party proximity hosting service providers.
Voltaire Ltd., a leading provider of scale-out data center fabrics, today announced that it is collaborating with NASDAQ OMX and HP to deliver an ultra-fast, next-generation equities trading platform to Singapore Exchange (SGX).
Correlix, the leading provider of Latency Intelligence solutions for monitoring, measuring and analyzing order execution and market-data flows in real-time, today announced the release of version 3.0 of its RaceTeam latency monitoring service.