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Low Latency Blogs

OptionsCity has extended the hosting of its Metro electronic trading and market making platform and Freeway multi-asset trading engine to London, taking up residence in both the Interxion data centre in Brick Lane, East London and the NYSE data centre in Basildon, east of London.

ITRS Group is piloting an analytic framework for data integrity that is designed to give investment banks, brokers and exchanges a real-time view across pricing data sourced from multiple market data feeds.

The inaugural Intelligent Trading Summit - successor to A-Team’s acclaimed Low-Latency Summits – kicks off in London on March 4 with an action-packed programme of presentations and panel discussions around the convergence of Analytics, driven by Big Fast Data, to initiate the best trades, executed with Low Latency!

At the risk of sounding contrarian, could it be that an earlier generation of Thomson Reuters management was onto something when it put a whole lot of the Thomson family’s eggs in the Eikon basket?

Invesco is replacing a number of vendor execution management systems (EMS) with Portware’s Enterprise EMS, which will act as a centralised hub for execution management across all its asset classes. Invesco’s selection of Portware was made after an evaluation of competitive providers that considered not only available products, but also the vendors’ strategies going forward.

Saxo Bank has opened a portal for social trading on its multi-asset class SaxoTrader platform. Called TradingFloor.com, the portal is open to investors around the world and enables them to share trades, comments and feedback.

A new name is set to appear in financial markets data centres. With its planned purchase of IBM’s low-end server business, China’s Lenovo is set to become a major arms dealer to trading enterprises. The transaction - announced last week and subject to regulatory approval (including related to foreign investment) - will see Lenovo pay $2.3 billion for IBM’s x86-based product lines and associated networking gear, as Big Blue continues its pull back from its hardware roots in reaction to declining margins.

ITRS has partnered with integrator Excelian to add Murex to the list of trading and risk applications handled by its Geneos performance monitoring system. The arrangement will give mutual clients access to real-time metrics on system performance for Murex solutions.

MathWorks and Numerix have integrated the Numerix Cross-Asset Integration Layer with MathWorks’ Matlab numerical computation environment to allow Matlab users to access Numerix calculations in the creation of applications for pre-trade pricing, modelling and analysis of complex financial instruments.