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Low Latency Blogs

Pete Harris

Nine months after taking the reigns at NYSE Technologies, CEO Jon Robson has begun to articulate a renewed vision for NYSE Euronext's IT services operation with "A Call for Collaboration" to the financial markets. Of course, in Robson's mind, that collaboration hopefully means trading firms will embrace the cloud platform, global network and open sourced middleware APIs that it has rolled out in recent years.

Sarah Underwood

The Chicago Board Options Exchange (CBOE) is opening the CBOE Futures Exchange (CFE) to European trading markets through exchange hosting and low-latency connectivity solutions at the Equinix LD4 co-location data centre situated to the west of London. Initial market data access and connectivity set up by managed service provider GuavaTech is live at LD4 and the CBOE says, without naming names, that another firm plans to set up connectivity to the CFE at LD4 this weekend, while a further half dozen firms are in the process of providing connectivity.

Visualisation specialist Panopticon Software is being acquired by Datawatch, in an all stock deal valued at $31.4 million. The deal should close by the end of September, subject to Datawatch shareholder approval. Before agreeing this deal, sources say that Panopticon was in discussions with partner SAP to be acquired by that company.

Sarah Underwood

Start-up data and analytics firm Knowsis is working with an initial five clients to incorporate its social media sentiment data into their trading strategies. The company declines to name the clients, but says one will go live imminently with strategies built around signals from Knowsis data, while others are considering how to add sentiment data as an additional parameter to their strategies.

As some exchanges have adopted proprietary binary protocols for HFT and other latency sensitive trading, the FIX Protocol organisation has been hard at work bringing FIX messaging into the world of high performance trading. IntelligentTradingTechnology.com found out what's been happening from Fred Malabre, co-chair of the FPL High Performance Working Group (and senior director at CME Group).

Pete Harris

Located in Clifton, NJ, Telx's new 215,000 square foot data centre - dubbed NJR3 - is having its grand opening today.

Under construction since 2011 and built at a cost of $200 million, the three story LEED designed NJR3 features 100,000 square feet of usable "white space" for customer equipment, 24,000 kW of power, diversely fed from the grid, 16,200 kW of UPS and 27,000 kW from generators.

Pete Harris

Following on from last month's announcement of Ultra Messaging SMX, Informatica has published a range of latency and throughput performance figures for the shared memory transport, covering a number of programming languages. Messaging latency as low as 39 nanoseconds was recorded, with overall latency more than 16 times lower than tests conducted on an earlier version of the transport, conducted in May 2010.

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.