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Low Latency Blogs

Sarah Underwood

Nasdaq OMX NLX opened for business on the last day of May, offering a market for European short-term and long-term interest rate derivatives designed to provide ease of access, efficiency and the flexibility to respond to customer demands and list new products rapidly. Fast forward a couple of weeks and Charlotte Crosswell, CEO of NLX, says trading volumes are building, trades are being filled in 100 to 200 microseconds, and NLX is considering new developments.

Pete Harris

This must be the week for complex event processing (CEP) operations to change ownership. Following on from the news of Tibco Software snapping up StreamBase Systems comes word that Software AG is acquiring the Apama division of Progress Software.

Pete Harris

For those that have not heard, Tibco Software has acquired StreamBase Systems. Sure, the deal adds complex event processing to messaging, and if it had happened a few years back that probably would have been the story. But while low(-er) latency is part of many data integration plays these days, the driver for this marriage is known in tech marketing terms as 'big data in motion'.

Pete Harris

Two benchmark tests from STAC relating to low-latency trade execution and analytics illustrate how applications are benefiting from hardware advances to boost performance. The tests - on Redline Trading Solutions' InRush market data platform, and on Kx Systems' kdb+ database - demonstrate different approaches to leveraging hardware functionality related to Intel's latest Xeon "Sandy Bridge" microprocessors.

Pete Harris

A just released STAC Report covering the performance of NovaSparks' FPGA market data platform highlights not just its processing latency but also the deterministic nature of that latency under different data loads.

Sarah Underwood

Prague-based securities trader RSJ evaluated a number of open source databases and SAP's Sybase IQ solution before selecting Kx Systems’ kdb+ database platform to support its algorithmic trading. Kdb+ replaces in-house developed proprietary solutions at RSJ, which is the largest trader of financial derivatives in the Czech Republic, the biggest trader on NYSE Liffe and a trader on other derivatives exchanges including the CME in Chicago and Eurex in Frankfurt.

Messaging specialist Solace Systems has introduced new network acceleration blades for its 3260 messaging appliance, capable of 40 gigabits/second bi-directional data transfer. That adds up, says the company, to a 80 gigabits/second total transfer rate, or 1.7 petabytes per day.

Pete Harris

Last week I was in Orlando for SAP's SAPPHIRE NOW event, where the main focus was not on the company's highly successful business and data warehouse applications - revenues in 2012 were around $20 billion - but on a product introduced in late 2010 and said to be its fastest selling ever. Mysteriously named HANA - some say in a nod to the company's founder and current chairman Hasso Plattner, while others suggest it stands for High Performance Analytics Appliance - the product is an in-memory database, and it is a key player in a technology space that is heating up fast, with applications for both low latency and big data applications.

Pete Harris

Stanley Young has left Bloomberg, where he was CEO of the company's Enterprise Products and Solutions division. He was with Bloomberg almost a year, having joined in June 2012.