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NovaSparks, specialists in ultra-low latency solutions today introduced the NovaSparks Gen2 appliance. This new development, available from June 2011, offers even faster processing and delivers guaranteed sub-microsecond speed through its appliance measured on an end-to-end basis. The NovaSparks Gen2 solution offers highly parallelised processing paths within the appliance and guarantees deterministic latency for users irrespective of volume and number of markets being processed.

Today, the Johannesburg Stock Exchange (JSE) announced its intention to offer co-location services to its members and their clients seeking to shave milliseconds off execution speeds.

Chi-X Australia, a wholly-owned subsidiary of alternative trading venue operator Chi-X Global Inc., and Equinix, Inc., a provider of global data centre services, today announced that Chi-X Australia has selected Equinix’s facility as the primary data centre for its matching engine. The announcement comes as Chi-X Australia continues to work with industry groups and market participants in preparation for its fourth quarter launch, subject to final government approval.

Solace Systems, the leading provider of messaging middleware appliances, has extended its hardware-based Unified Messaging Platform with the ability to stream real-time data over the internet at up to three times the message rate and 1/100th the latency of competing software-based streaming solutions.

Lime Brokerage and Tbricks have teamed up to combine the agency broker’s ultra high speed infrastructure and the trading software supplier’s high performance trading systems for the benefit of high frequency trading firms, hedge funds and broker-dealers that require high volume and low latency access to the US markets.

QuantHouse, the leading independent provider of end-to-end systematic trading solutions announced today the availability of its BM&F Bovespa feed handler; allowing algo trading firms sub-millisecond access to the Brazilian exchange.

StreamBase Systems today launched version 7 of its market-leading Complex Event Processing (CEP) software. StreamBase version 7 provides breakthrough enhancements to the usability of the industry’s only native visual development environment, with developer productivity innovations drawn from the cutting edge consumer user experience platforms like Apple iOS and Windows 7. As a result StreamBase version 7 dramatically increases the speed and quality of application innovation by allowing both business users and IT to collaborate in building event-driven applications of all kinds, such as automated trading systems, pre-trade risk management, and real-time fraud detection.

Swedish hedge fund Informed Portfolio Management (IPM) has outsourced development of a key pre-trade risk management system to New York-based DataArt as part of a broader relationship with the development shop.

Exegy Incorporated, the ultra-high performance market data appliance company, announced today that the firm now has a local presence in Chicago with the addition of Neil Wheatley to the sales staff. Neil joins Exegy as Director of Sales for Chicago. Prior to joining Exegy, Neil worked for NYSE Technologies, BT Radianz and Reuters providing low latency services to proprietary trading firms, high frequency traders and hedge funds.