Share |

Special Reports

At the same time, the growth of high frequency and event-driven trading techniques is spurring demand for direct feed services sourced from exchanges and other trading venues, including alternative trading systems and multilateral trading facilities. Handling these high-speed data feeds its presenting market data managers and their infrastructure teams with a challenge: how to manage a broad range of low-latency data and connectivity services while maintaining high levels of trading performance?

Low latency technologies continue to be deployed by the financial markets - driven by the need to adopt them simply to stay in the trading game, and hopefully win at it. But low latency covers a wide range of components - from networks, to server hardware, to operating systems and middleware, to middleware, and to applications. In the low latency equation, there are many moving parts.

And low latency has moved beyond the task of delivering market data to algo trading engines, and coping with surging market volumes. It is now a requirement for every link in the trade execution and processing chain, even beginning to have relevance to risk management operations. In short, low latency is the new normal.

Over the past couple of years, Complex Event Processing has emerged as a hot technology for the financial markets, and its flexibility has been leveraged in applications as diverse as market data cleansing, to algorithmic trading, to compliance monitoring, to risk management. CEP is a solution to many problems, which is one reason why the emerging marketplace is growing, with many vendor options to choose from.

But CEP is not a solution in itself, and so technologists need to concern themselves with how to integrate it within a complete application architecture, how it can best be leveraged, and how to streamline development and deployment. And with multiple vendor choices, choosing the right CEP approach for the job is an important, and early, activity for firms looking to adopt it.

Even as the financial markets undergo unprecedented turmoil, the drive to lower latency shows no sign of abating. Why is this? Put simply, it’s because low latency technologies enable those competing in the financial markets - whether they be sell-side firms, buy-side firms, exchanges or alternative trading venues - to run ahead of the pack. And to win. Such concepts are explored in the round table debate inside, and we thank those that participated for their insight and wisdom.

Low Latency - Are You Performing? Issue 5Market data rates are skyrocketing. Just a few milliseconds make the difference between an optimal order fill and enough slippage to wipe out profit. New opportunities are opening up to leverage high frequency markets. New applications are being deployed atop of low latency architectures. Performance – in every sense – is key to playing in the new markets or being relegated to the second tier. This publication showcases innovative technology providers that live and breathe performance.

Low Latency - Are You Performing? Issue 4Market data rates are skyrocketing. Just a few milliseconds make the difference between an optimal order fill and enough slippage to wipe out profit. New opportunities are opening up to leverage high frequency markets. New applications are being deployed atop of low latency architectures. Performance – in every sense – is key to playing in the new markets or being relegated to the second tier. This publication showcases innovative technology providers that live and breathe performance.  Read contributions from Sybase and Fidessa.

 

Low Latency - Are You Performing? Issue 3Market data rates are skyrocketing. Just a few milliseconds make the difference between an optimal order fill and enough slippage to wipe out profit. New opportunities are opening up to leverage high frequency markets. New applications are being deployed atop of low latency architectures. Performance – in every sense – is key to playing in the new markets or being relegated to the second tier. This publication showcases innovative technology providers that live and breathe performance.

Low Latency - Are You Performing?Market data rates are skyrocketing. Just a few milliseconds make the difference between an optimal order fill and enough slippage to wipe out profit. New opportunities are opening up to leverage high frequency markets. New applications are being deployed atop of low latency architectures. Performance – in every sense – is key to playing in the new markets or being relegated to the second tier. This publication showcases innovative technology providers that live and breathe performance. 

Low Latency - Are You Performing? Issue 1

Market data rates are skyrocketing. Just a few milliseconds make the difference between an optimal order fill and enough slippage to wipe out profit. New opportunities are opening up to leverage high frequency markets. New applications are being deployed atop of low latency architectures. Performance – in every sense – is key to playing in the new markets or being relegated to the second tier. This supplement – the first in a series – showcases some technology providers that live and breathe performance.