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September 8, 2010

Interxion, a leading European provider of carrier-neutral colocation data centre services, today announced that ACTIV Financial, a leading global provider of fully managed low-latency market data solutions, is to house its ticker plant and aggregated market data feeds at Interxion’s City of London data centre.

September 7, 2010

Lightower Fiber Networks, a leading metro fiber network and bandwidth service provider, announced today that it has completed its previously announced acquisition of Veroxity Technology Partners, a leading provider of fiber based data and Internet connectivity solutions.

September 7, 2010

Options IT, a leading provider of ultra-low latency market data and connectivity, fully managed application hosting, and high-performance technology Infrastructure-as-a-Service (IaaS) for the buyside and sellside, today announced it has expanded its PIPE Velocity ultra-low latency market connectivity service to include the Australian Securities Exchange (ASX).

September 3, 2010

EuNetworks has introduced an overlay network that it says is dedicated to the needs of the financial community and claims to deliver industry leading latencies for direct exchange to exchange connectivity. The first phases of the so-called euTrade network cover an ultra low latency route from Slough to five exchanges and data centres in the City of London and a new route from London to Frankfurt.

September 2, 2010

Version 2.7 of Kx Systems' kdb+ database leverages multi-core servers to implement file compression, while also featuring enhanced memory management and a performance increase of up to 20%. The file compression addresses the need to store growing data volumes for both trading and risk analytics and regulatory requirements.

September 2, 2010

Given it was announced at VMware's VMworld conference and partner-fest in San Francisco earlier this week, it's not surprising that Voltaire positioned its new Vantage 6048 10gE switch as "optimised for cloud computing." And while it certainly is pitched at 'cloud' data centres with thousands of servers, it is also very relevant to the needs of medium-sized server deployments typically found underpinning low-latency financial trading applications, says Asaf Somekh, vice president of marketing, at the networking company.

September 1, 2010

IBM has added new feed handlers for exchanges in Hong Kong and Singapore to its WebSphere Front Office for Financial Markets platform, and enhanced feed handlers for the London Stock Exchange and Turquoise to comply with the LSE’s forthcoming Millennium Exchange trading platform. The additional feeds bring to more than 100 the number of data feeds for which WebSphere offers handlers.

September 1, 2010

Thomson Reuters today launched Elektron, its next generation real-time network and hosting environment, in India to meet the strong demand for fast and cost-effective access to this important emerging market. Working in collaboration with Netmagic Solutions Pvt. Ltd, the new facility at the Bombay Stock Exchange will provide co-location hosting with a managed application environment, low latency connectivity to local market data and access to the Elektron global real-time network.

August 31, 2010

Tervela, the pioneer of hardware-accelerated messaging systems, and Allston Trading, LLC, a premier market maker in more than 30 financial exchanges worldwide, today announced that Tervela’s messaging platform has been chosen to enable a more information-rich trading environment while monitoring application performance, network health, and end-to-end latency in real-time.

August 31, 2010

Kx Systems, the leader in high-performance database and timeseries analysis, has announced today the release of kdb+ v2.7. In response to growing market demand, this version comes with several enhancements, of which intelligent file compression, enhanced memory management and a performance increase of up to 20% are the most significant. With constantly growing data volumes the costs of storage are an increasingly important consideration for global financial institutions. Regulatory requirements are an additional driver for storing greater quantities of data.

August 31, 2010

Voltaire Ltd., a leading provider of scale-out data center fabrics, today introduced the Voltaire Vantage 6048, a low-latency, high-performance Layer 2/3 top-of-rack switch optimized for cloud computing.

August 30, 2010

Bloomberg Tradebook, a leading global agency broker, today announced exclusive arrangements with leading industry dark liquidity providers to deliver full transparency and visibility of dark pool executions.

August 30, 2010

Openmarketdata.org - an initiative of the Collaborative Software Initiative (CSI) - has released a data feed handler for the Direct Edge Scratch feed. A community edition is available for free under an open source license, and at a cost for a commercially-supported enterprise edition.

August 30, 2010

Nascent asset manager Exclusive Quantitative Investment Management (EXQIM) has selected OneMarketData’s OneTick complex event processing (CEP) and database software to underpin quantitative strategy development and deployment in the US and European equities markets.

August 27, 2010

Exegy, Inc., the market data appliance company announced today that the Exegy Ticker Plant driving the MarketDataPeaks web site hit 3,409,640 messages per second. This is a new record and surpasses the previous high water mark of 3,389,942 mps reached on 30 July when the market reacted to poor Q2 GDP growth data and downward revisions to prior quarterly data.

August 25, 2010

Algo Technologies is pleased to announce it has been contracted to install two major replacement systems and upgrades at PLUS Markets Group, the UK Recognised Investment Exchange (RIE). The sale of a third technology upgrade – AlgoM2, the fastest matching engine in the world – to PLUS is also in the pipeline subject to certain financing contingencies being in place.

August 25, 2010

Vello Systems, a leader in next-generation high performance IP+OpticalTM networking systems, today announced the deployment of a state-of-the-art 10G optical network for Hudson Fiber Network, an exclusive provider of high-bandwidth, low-latency networking solutions in the New York metro area. The new network is built with Vello Systems CX Family platforms providing a highly-reliable, ultra-low latency networking fabric for a suite of SLA-based services designed expressly for high-frequency trading applications. The new network takes advantage of Vello Systems’ advanced optical modulation techniques allowing four 10G signals to be transported in a single ITU channel and providing a seamless upgrade to 40G and 100G transmissions.

August 24, 2010

Colt is opening network routes between London and Frankfurt, and Paris and Brussels, which it claims provide the lowest latency in the market and which are already attracting customers from trading firms. Leveraging optical fibre technology from California's Infinera, the London to Frankfurt route offers latency of 4.22 milliseconds between endpoints at London’s Poplar Business Park and Schmidstrasse in Frankfurt. The Malakoff (Paris) to Anderlecht (Brussels) route operates at a latency of 2.65ms. Both will be open by the first week of September.

August 24, 2010

Solace Systems, the leading provider of messaging middleware appliances, today announced that Serisys Solutions Limited will begin distributing Solace’s hardware-based middleware products to financial firms in China.

August 24, 2010

StreamBase Systems today introduced a certification program for Complex Event Processing (CEP) technology developers. The certification program will help CEP architects differentiate themselves in the marketplace by providing them with the knowledge and skills required to successfully build event-driven applications using the StreamBase EventFlow programming language.

August 23, 2010

Colt, the leading business communications and IT managed services provider, announced today it has enhanced its FastNet Ultra portfolio by introducing two new trading routes connecting key European financial centres.

August 23, 2010

Frankfurt-based asset manager Lupus alpha is working with data centre service provider Interxion to optimise its critical IT applications and ensure low-latency connectivity for its institutional and retail investment strategies.

August 18, 2010

This month’s bulletin from the Financial Information Forum (FIF) finds that:

* NASDAQ BONO was up a record 25% to 150,431 mps over the 1 second interval.

* SIAC OPRA hit a record peak of 1,711,873 mps, up by 7%.

* NASDAQ UQDF and UTDF were up by 5% and 2 % at 102,825 mps and 22,036 mps respectively.

* SIAC CQS was at a record 236,513 mps, up 1.4%.

* In the European markets, message rates from Deutsche Börse over the 1 second interval were at a record high with CEF Ultra + Xetra up 35% at a new record peak of 8,051 mps.

August 16, 2010

Atrium Network, provider of smarter connectivity for the financial community today announced that it is upgrading its New York to Toronto Exchange Ring to 10Gbps (Gigabits per second). The additional bandwidth and reduced latency of this connection will further improve upon Atrium Network’s existing low latency performance in anticipation of the continued growth in market data, messaging and order flow. The upgrading of the New York Toronto Exchange Ring is part of Atrium Network’s continued investment in the North American region and provides unrivalled connectivity to the Canadian and North American markets.