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July 10, 2013

Trading Technologies International (TT), a global provider of high-performance trading software for derivatives professionals, today announced the production release of its MultiBroker trading solution.

July 9, 2013

The NASDAQ OMX Group has entered an agreement with Bahrain Bourse (BHB) to upgrade its current trading platform. Under the terms of the agreement, Bahrain will replace its existing NASDAQ OMX platform (Horizon) with one powered by the industry leading X-stream technology. Additionally, BHB has reconfirmed its commitment to NASDAQ OMX's post-trade solution. The upgrade is estimated to be rolled out by late 2014.

July 9, 2013

Custom Connect, the leading provider of global carrier neutral connectivity and high performance network solutions, announced today a new office located in the City of London. This is the third location for the company whose global headquarters are in Amersfoort, The Netherlands. Heading the UK office is Gareth Richardson, who joins to lead UK Sales as General Manager and Director of Custom Connect Ventures UK, a subsidiary of Custom Connect International. Gareth’s sales management career spans seventeen years, he joins the company from Interactive Data 7ticks. Previously he has worked for Fixnetix, Logicalis and with HP, Cisco and IBM.

July 9, 2013

SunGard’s Fox River Execution Solutions (“Fox River”) is helping traders achieve more rapid growth by making its award-winning algorithms available to users of Silexx’s Obsidian execution management system (EMS). By providing Silexx customers access to Fox River’s entire algorithm suite, professional traders and risk managers using Silexx will now have the tools to help improve execution quality, as well as provide Fox River customers with the ability to access the Silexx EMS.

July 9, 2013

TMX Atrium, provider of smarter infrastructure solutions for the financial community, today announced the completion of a significant upgrade to its North American infrastructure. The upgrade has been implemented to offer TMX Atrium community members flexible and fully scalable access to multiple markets across North America and into Eastern and Western Europe.

July 4, 2013

International Imaging Machines (IIM) has announced new Super Computer technology in a standard 4U server format. These new products deliver state of the art CPU/GPU performance with reliability capabilities that meet mission critical demands. The high expandability insures that they can grow into a high performance cluster nodes with data transfer rates to 800GB/s with low 1us latency. System memory can be expanded to 768GB and have a memory bandwidth of 307GB/s. The GPU processing power is enormous and scales to 66TFlops! The internal flash storage has a peak bandwidth of 54GB/s and scales to 82TB. The Gen 3 PCI-e x16 bandwidth peaks at 126GB/s. High performance RAID options exist for mass storage with a combination of SSD and Hard Drives that can be housed in an external mass storage 4U cabinet.

July 3, 2013

Perseus Telecom, a leading provider of ultra-low latency, high capacity networks from market-to-market, today announced its High Precision Time™ offering that provides deterministic synchronization with the US timescale UTC (Coordinated Universal Time) assisting firms balance enterprise systems and meet regulation guidelines.

July 1, 2013

The NASDAQ OMX Group, today announced the completion of its acquisition of the eSpeed platform, which operates a fully executable central limit order book for electronic trading in benchmark U.S. Treasuries, one of the largest and most liquid cash markets in the world. The eSpeed platform will be integrated into the NASDAQ OMX Transaction Services business to better serve dealers in the over-the-counter market and meet the growing demand for diverse instruments on an independent market. U.S. Treasury data products will be integrated into NASDAQ OMX Global Information Services, further enhancing NASDAQ OMX's rich data product offering.

July 1, 2013

Infobright today announced that TS-Associates, a leading supplier of Precision Instrumentation solutions has deployed Infobright Enterprise Edition (IEE). Embedded into TS-Associates’ TipOff G6 Turbo data flow monitoring appliance, IEE extends the provider’s ability to monitor and optimize data flow latency with cost-effective performance and scale. IEE enables per-transaction persistence at five times the rate of competitive offerings, achieving over one million transactions per second during peak events such as market open. This enables TS-Associates’ customers to analyze latency in near real-time, gaining critical insight that drives competitive advantage in today’s electronic trading world.

June 28, 2013

The NASDAQ OMX Group has entered an agreement with the Iraq Stock Exchange (ISX) to upgrade its current trading platform. Under the terms of the agreement, ISX will replace its existing NASDAQ OMX platform (Horizon) with one powered by the renowned X-stream technology. The upgrade is expected to be rolled out by mid-year 2014.

June 26, 2013

Chi-X Global Holdings today announced that BM&FBOVESPA S.A., Bolsa de Valores, Mercadorias e Futuros has completed the formal acceptance of its Chi-FX platform for commercial use. Chi-FX powers BM&FBOVESPA’s BEI (Brazil Easy Investing).

June 26, 2013

ConvergEx Group, a leading provider of global brokerage and trading-related services, today announced that its Prime Services customers will soon be able to receive real-time, intra-day transaction cost analysis (TCA) from PerformEx, its groundbreaking TCA product.

June 26, 2013

Perseus Telecom, a leading provider of ultra-low latency, high capacity networks for market-to-market connectivity, today announced a fully managed ultra low latency solution offering called LiquidPath. The service offering encompasses a complete trading network solution and infrastructure service for local and international exchange trading across global financial markets. LiquidPath was developed to empower both the international Buy-Side with the local Sell-Side in order to take full advantage of the ever-evolving Emerging Markets landscape.

June 26, 2013

Volta Data Centres, the specialist provider of data centres to the financial, media and content industries is pleased to welcome Custom Connect, the provider of worldwide carrier-neutral connectivity, to their Great Sutton Street Data Centre.

June 26, 2013

xCelor based in Chicago Illinois is pleased to announce that it is taking orders for XPR. The XPR is a Layer 1 rack-mounted device which can multiplex data received on one port out to multiple ports, with a port-to-port latency of two nanoseconds and zero jitter.

June 25, 2013

Dom Inwestycyjny BRE Banku S.A. (BRE Securities), the broker arm of Polish BRE Bank Group, part of the Commerzbank financial services group, has selected SunGard’s Valdi together with the SunGard Global Network (SGN), SunGard’s international trading cloud, for international trading and connectivity.

June 25, 2013

TeraExchange, an electronic swap execution platform (SEF), today announced that its operations are fully connected to CME Clearing and are ready for trading of cleared interest rate and credit swaps. The relationship marks a critical step toward TeraExchange’s goal of creating the most technologically advanced independent swaps trading venue, offering customers the utmost in access and transparency through an anonymous, all-to-all central-limit order book.

June 25, 2013

Exalt Communications, the leading innovator of next-generation packet microwave backhaul systems, spoke today for the first time about its early development of ultra-low latency microwave systems driving the evolution of financial trading networks to support high frequency trading (HFT). Already widely known and respected in telecom and other wireless networking markets for its low latency, high performance, and highly reliable microwave backhaul systems, Exalt was approached in 2010 by financial trading network operators interested in microwave as a better alternative to fiber for transporting data at very high speeds. Improving on fiber’s speed with ultra-low latency was a natural next step for Exalt. The company, founded in 2004 and whose technical staff collectively has over one thousand years of microwave experience, not only developed the breakthrough technology that exceeds fiber’s near-speed of light, but delivered its ultra-low latency systems to these network operators at 1/10th the cost of fiber.

June 25, 2013

Trading Technologies International (TT) today announced that it has extended its existing software license agreement with Goldman Sachs. Under the new agreement, Goldman Sachs has added TTNET to its suite of futures trading systems offered to the firm’s institutional clients. Goldman Sachs will utilize TT’s full suite of trading products including X_TRADER, TT API, FIX API and TT’s visual programming platform, ADL, through TTNET’s proximity hosted architecture. Implementation in Chicago is complete and will expand into Europe and Asia throughout 2013.

June 25, 2013

Nallatech, a leading supplier of high-performance FPGA solutions, today announced availability of PCIe cards compatible for OpenCL, featuring Altera Stratix V FPGAs and network connections, that address latency-critical and co-processing requirements of finance market customers. These FPGA-based cards are ideal for financial applications such as high frequency trading, derivative pricing, and risk management.

June 25, 2013

Object Trading, an independent provider of global direct market access (DMA), announced today that its clients have begun live trading on NASDAQ OMX NLX, the newly launched London derivatives market.

June 25, 2013

Quincy Data, has added highly liquid ETFs to its industry-leading Quincy Extreme Data (QED) service. QED now delivers the most liquid equity ETFs sourced from NASDAQ's Carteret, NJ data center to CME Group's data center located in Aurora, IL in only 4.11 milliseconds rack-to rack, a latency believed to shatter another industry record. ETF data is also available locally over Quincy's NJ metro wireless service, currently connecting Carteret and Secaucus: with Weehawken and Mahwah forthcoming.

June 25, 2013

Trading Technologies International (TT) today announced it has become the first independent software vendor (ISV) to pass conformance with CME Europe, a new London-based futures exchange and wholly owned subsidiary of CME Group that is scheduled to launch September 9, 2013, pending regulatory approval. TT will provide "day one" access to CME Europe, which will offer trading of FX futures and other products through the CME Globex electronic trading platform.

June 24, 2013

Cielo Networks, the world's leading provider of ultra-low latency (ULL) optimized digital microwave solutions for trading network applications, today announced the launch of SkyLink CGX, the world's fastest and most intelligent commercially available digital microwave radio modem indoor unit (IDU). Unlike competing systems that are modified versions of conventional telecom market microwave radios, SkyLink CGX was designed solely for ULL microwave radio network requirements. While other solutions are comprised of discrete non-adaptive components, SkyLink CGX adaptive firmware integrates fully with existing SkyLink microwave radio transceivers (ODUs) and the SkyLink Mercury IF nanosecond range repeater system. It is also fully interoperable with Cielo Networks' planned higher power transceivers and future SkyLink Mercury IF repeater system variants.