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June 22, 2010

Hibernia Atlantic, the only diverse transAtlantic high bandwidth connectivity provider, announces today that Deutsche Börse Systems, the IT subsidiary of Deutsche Börse AG, has selected Hibernia's secure Global Financial Network (GFN) for high performance, protected connectivity between Frankfurt and Chicago. Deutsche Börse Systems chose Hibernia's GFN because of its full route diversity throughout the entire transAtlantic, long-haul network, as well as down to the local metro loop level. The new high capacity route will serve Deutsche Börse Group's large financial client base. The route also avoids highly congested network areas, such as around the New York and London waterways, thereby offering security through physical diversity.

June 22, 2010

Endace, world leaders in high-speed packet capture and analysis solutions, today introduced the world’s first virtual packet-capture probe. Designed specifically to appeal to organizations in the financial services market, the new software enables a variety of different applications to simultaneously benefit from Endace’s 100-percent network packet capture and nanosecond time-stamping capabilities.

June 22, 2010

IPC Systems, Inc., a leading provider of indispensable trading communications solutions to the world’s top financial services firms and global enterprises, today announced that it is providing Orbixa with highly reliable, secure, low-latency electronic connectivity to the BATS Exchange, the world’s third-largest stock exchange operator, via IPC’s Electronic Connectivity Services (ECS).

June 22, 2010

Spread Networks has opened for business offering a low-latency, dark fibre private network connection between New York and Chicago with a guaranteed round trip latency of 13.33 milliseconds, a couple of milliseconds below currently available commercial services.

June 21, 2010

Scott Hall Activ Activ Financial will demonstrate its second generation market data processing unit (MPU) technology at Sifma this week. The vendor claims that the hardware-based low latency market data solution will double messaging volumes per second and reduce latency by 50% to 80% to deliver single digit microsecond latency for feed handlers.

June 21, 2010

Essex Radez, a leading provider of direct exchange feeds and co-location services for algorithmic traders, today announced its Normalized Multicast Feed, a consolidated order book service. Powered by an Exegy ticker plant, this feed incorporates BATS, Direct Edge, NASDAQ TotalView, NYSE ArcaBook, and NYSE OpenView data to deliver the top five equity prices with quote volume detail for each venue.

June 21, 2010

Exegy, the hardware-accelerated market data appliance company announced today the release of the hosted edition of the Exegy Ticker Plant.

June 21, 2010

The Securities Technology Analysis Center (STAC) today released STAC-M3 Benchmark results for a solution from Kx Systems and Oracle Corporation.  STAC-M3 provides a common measuring methodology for solutions that manage large timeseries datasets (tick databases). The measurement standard is currently a community proposal developed by the STAC Benchmark Council, comprised of trading organizations and vendors. The Council defines a series of standard benchmarks for capital market workloads, though interestingly only trading organizations - and not vendors - can approve specific tests, which ensures the benchmarks have relevance to real-world trading demands. To complete the inaugural benchmark testing on timeseries data, Oracle worked with Kx Systems, using Kx’s kdb+. The results have now set the standard for a series of benchmark tests to be carried out over the next few months.

June 21, 2010

Voltaire Ltd., a leading provider of scale-out data center fabrics, today announced the immediate availability of the Voltaire Vantage 6024, a low-latency, high-performance Layer 2/3 top-of-rack switch optimized for next generation and virtualized data centers and cloud computing environments. The switch provides the industry’s most power-efficient and lowest latency capabilities on 10 Gigabit Ethernet, enabling new levels of efficiency, scalability and real-time application performance. The switch also supports converged enhanced Ethernet (CEE) capabilities enabling the consolidation of multiple network tiers and fabrics to significantly reduce infrastructure expenses.

June 18, 2010

Messaging specialist 29West has published results of performance tests on its IPC (Inter-Process Communication) transport, which push the latency of message transfer to well below one microsecond.

June 18, 2010

Trading software and connectivity specialist Ullink is working towards a late summer release of its "HFT in a Box" offering, which will combine a number of functions, including market data handlers, trading gateways, client algorithms, pre-trade risk controls and network connectivity, on to a single server, in order to minimise latency in the overall package.

June 17, 2010

NEW RECORD PEAKS for NASDAQ TotalView – Aggregated, TotalView ITCH 3.1/3.2, BX TotalView ITCH 3.1/3.2, UTDF, DAP BONO, ITTO, SIAC OPRA, CEF Ultra+Xetra, BATS PITCH and NYSE ArcaBook Equities.

June 17, 2010

NYSE Euronext's NYSE Technologies unit is partnering with latency monitoring specialist Corvil to launch LatencyStats.com, a website designed to expose latency figures for NYX (and potentially other) data feeds. Initially, the service - which is free and open access - is monitoring data from the NYSE ArcaBook and NYSE OpenBook markets, which have been determined to be especially latency sensitive.

June 17, 2010

A-Team Citihub Video Series: Low Latency Connectivity Solutions
Sponsored by Interxion

This video series has been designed to help market practitioners understand the various commercial offerings in the marketplace for building high-performance trading infrastructures that can take advantage of today’s increasingly high-speed markets.

June 16, 2010

Kairos Asset Management (KAM), a Sao Paulo, Brazil-based company, with US$100 million under management, has confirmed its commitment to the StreamBase complex event processing (CEP) platform by adding futures strategies to the high frequency equities trading strategies it already runs on the platform (see its earlier deployment here).

June 16, 2010

NovaSparks SA the ‘No Latency’ specialists in data packet processing solutions today announced it has secured Series A financing of USD 2 million from Partech, a leader in international venture capital. Partech invests in technology and internet firms, major successes include Business Objects, DailyMotion, Informatica and Digitick. Jean-Marc Patouillaud, partner at Partech, joined the NovaSparks Board of Directors earlier this year.

June 15, 2010

ACTIV Financial, a leading global provider of fully managed low-latency market data solutions, today announced that Jefferies, a major global securities and investment banking firm and long-term ACTIV customer, has deployed ACTIV’s Market Data Processing Unit (MPU) to reduce its hardware footprint, enhance performance and lower its cost of ownership for market data services.

June 15, 2010

The Commodity Futures Trading Commission (Commission) today announced the publication in the Federal Register of a proposed rule that specifies requirements for Designated Contract Markets, Derivatives Transaction Execution Facilities and Exempt Commercial Markets that list significant price discovery contracts (collectively referred to as “exchanges”) and offer co-location and/or proximity hosting services to market participants. The proposal includes provisions relating to equal access, fees, latency transparency and third party proximity hosting service providers.

June 15, 2010

Solace Systems, the leading provider of middleware appliances, today announced that ITRS Group plc, the leading provider of predictive, real-time systems and application management products to the world's financial community, has integrated connectivity between ITRS Geneos and Solace's Unified Messaging Platform. The integration was completed at the request of joint customers, including a large multinational bank. Clients who use Solace for low latency middleware can now use the ITRS Geneos Dashboard to view key latency statistics and reports from Solace networks in real-time.

June 15, 2010

Solace Systems, the leading provider of hardware-based middleware, today announced the release of V5.0 of SolOS, the specialized firmware used to control and manage Solace message and content routers. This release includes many new features and optimizations that provide additional benefits to its hardware-based platform as compared to software alternatives. The release features several messaging firsts, virtually all of which were suggested by customers in various stages of deployment on Solace's platform.

June 15, 2010

Voltaire Ltd., a leading provider of scale-out data center fabrics, today announced that it is collaborating with NASDAQ OMX and HP to deliver an ultra-fast, next-generation equities trading platform to Singapore Exchange (SGX).

June 14, 2010

Correlix, the leading provider of Latency Intelligence solutions for monitoring, measuring and analyzing order execution and market-data flows in real-time, today announced the release of version 3.0 of its RaceTeam latency monitoring service.

June 11, 2010

Paris-based market data processing specialist HPC Platform has changed its name to NovaSparks and there is more change to come. Over the coming months, the privately held company will be pushing three new low latency services into the market, setting up a New York office and concluding a deal that will surrender 20% of the company’s capital to an external investment firm.

June 10, 2010

A-Team Citihub Video Series: Low Latency Connectivity Solutions
Sponsored by Interxion

This video series has been designed to help market practitioners understand the various commercial offerings in the marketplace for building high-performance trading infrastructures that can take advantage of today’s increasingly high-speed markets.