Share |

Newswire

StreamBase Systems, a leading provider of Complex Event Processing (CEP) technology, today announced the launch of the StreamBase Component Exchange. The StreamBase Component Exchange (SBX) will allow developers to download and share reusable components in a global community, as a means to spark innovation in CEP through the development and sharing of applications and ideas.

Fixnetix, the leading provider of ultra-low latency co-location hosting, market data and trading infrastructure connectivity services, is targeting further international expansion during 2010. The company, which more than doubled in size during 2009, is set to broaden its support for multi-asset trading strategies, expand its US footprint and begin its move into the Asia/Pacific region during the coming year.

Credit Suisse’s decision to implement Celoxica’s hardware appliance-based data feedhandlers for its next-generation trading infrastructure appears to be consistent with its belief that its best opportunity for reducing overall trading system latency lies in addressing the processing latency of execution engine and the market data systems that support it.

QuantHouse, the leading independent provider of low latency trading solutions, announced today a record year for 2009; with a triple digit revenue growth accompanied by many contract signatures with global names such as Credit Suisse, the London Stock Exchange, Turquoise and many more.

Equinix, Inc., a provider of global data centre services, today announced the opening of new International Business Exchange (IBX) data centres in Frankfurt and Dusseldorf, together with plans to expand its existing Frankfurt-2 (FR2) centre. The announcements come as Equinix continues its measured global development plan.

Introduced late last year as a private repository for members of its Benchmark Council, the Securities Technology Analysis Center (Stac) has found its Vault facility is proving useful to members, especially for the filing of unaudited reports that are not quite ready for fully public consumption. IBM is one vendor that is embracing the facility, which is just one of the initiatives that Stac is focusing on for 2010.

Progress Software Corporation, a leading software provider that enables enterprises to be operationally responsive, today announced that Banco Fator Corretora, a Brazilian bank and brokerage firm, has deployed the Progress Apama Algorithmic Trading Accelerator. The Apama Algorithmic Trading Accelerator will play a critical role in Banco Fator’s new electronic trading strategy, enabling it to more effectively develop high frequency, proprietary trading tactics, rapid customization, and low latency execution of trades on behalf of its buy-side clients. Banco Fator clients are also able to use the Apama Algorithmic Trading Accelerator to trade on Brazil’s BM&F Bovespa, the São Paulo Equities and Futures Exchange.

Merrill Lynch Japan Securities Co., Ltd. (MLJS) today announced the introduction of Japan’s first third-party hosted service for ultra low-latency electronic trading. The new platform notably reduces trading costs while maintaining connectivity speeds on par with co-location platforms offered to date in Japan.

Atrium Network, provider of smarter connectivity for the financial community today announced that it is building on its expansion into the Canadian market with low latency connectivity to Pure Trading, a Toronto-based competitive alternative auction market system aimed at attracting latency sensitive traders interested in Canadian exchange-listed securities.