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March 22, 2010

Thomson Reuters announced today that Chi-X Europe has implemented its pan-European low latency direct feed, pricing and reference data service, offered through the firm’s strategic hosting centres in London.

March 22, 2010

Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions, today announced announced that its low-latency, consolidated datafeed, PlusFeed, now offers access to NYSE Euronext (NYX) Cash Full Order Book data. This service is designed to enable institutional traders to view the full market depth order book by disseminating each individual order, therefore offering an even greater level of transparency into NYSE Euronext's European Cash Markets.

March 18, 2010

AboveNet says it’s sold half the capacity of its new low-latency transatlantic connectivity service since it launched two weeks ago. The dark fibre provider says it now plans to establish a second 10Gigabit ethernet pipe linking London and New York, and expects to add a third within the coming year.

March 18, 2010

This month’s bulletin from the Financial Information Forum (FIF) finds that SIAC CTS hit a new record of 49,570 mps over 1 second, up 66% from the previous month.

March 18, 2010

Unsurprisingly, there has been little news from Interactive Data on how its ‘strategic review’ is progressing. As you’ll recall, the company took everyone by surprise – including its staff – with the announcement that it’s exploring options as its current owner, Pearson, looks at focusing on its core business, which increasingly seems to be not financial.

March 18, 2010

OptionsCity is pleased to announce the release of OptionsCity Metro 2.1. This latest release adds to its 2.0 milestone release and includes performance improvements to Metro’s server based low latency Quoting Engine, as well as major enhancements to the user interface to improve GUI responsiveness and intuitiveness. In this release, OptionsCity also exposed additional API (Application Programming Interface) functionality for clients integrating their proprietary systems and algorithms.

March 17, 2010

Atrium Network , provider of smarter connectivity for the financial community, and Visual Trader (VT), a technological company owned by Bolsas y Mercados Españoles (BME), announced today that they are offering connectivity to the Spanish Exchange by connecting their respective networks.

March 17, 2010

Equinix, Inc., a provider of global data centre services, today announced the opening of the first phase of its second International Business Exchange (IBX) data centre in Geneva, Switzerland. The purpose-built GV2 IBX data centre, Equinix’s fifth in the country, will accommodate demand for premium colocation and data centre services from both local and global corporations and banking organisations. The first phase adds 380 cabinets to Equinix’s data centre capacity in Geneva and, when fully built out, will total 48,400 gross square feet (4,500 gross square metres) with capacity for 760 cabinet equivalents. The addition more than doubles Equinix’s footprint in the city, making it Equinix’s largest IBX in Switzerland. Further phases will open during 2010 and will be timed to reflect market demand.

March 16, 2010

ACTIV Financial, a supplier of fully managed low-latency market data solutions, today announced continued expansion in the European market following its April 2009 launch in the region. To support this growth and meet ongoing customer and market requirements, ACTIV has also opened a new data centre in Frankfurt, added additional content from major exchanges in the region and made several key additions to its local sales and service teams.

March 16, 2010

Solace Systems, the leading provider of hardware-based middleware, today announced that TS-Associates, provider of the market-leading solution for the precise monitoring and management of low-latency messaging infrastructures, has added support for Solace's Unified Messaging Platform. TS-Associates' monitoring appliance, called TipOff, precisely measures and optimizes latency in high-performance messaging infrastructures like those enabled by Solace's messaging appliances.

March 15, 2010

AboveNet, Inc., a leading provider of high-bandwidth connectivity solutions, has launched one of the industry’s fastest, low latency end-to-end transatlantic connections between London and New York, reaching key financial locations in: London: Slough, The City and Docklands New York Metro: Manhattan and New Jersey, including: Newark, Weehawken, Secaucus, Carteret, and Clifton

March 15, 2010

Solace Systems is beta testing a version of its hardware-based Unified Messaging Platform that integrates TS-Associates’ TipOff monitoring system. The solution is aimed at helping financial firms measure and optimise latency in high-performance messaging infrastructures.

March 10, 2010

Cinnober has released benchmarks on version 8 of its high performance trading system, carried out in cooperation with Intel. Tests show radically reduced average response time.

March 10, 2010

RTS Realtime Systems Group (RTS), a leading global trading solutions provider, announced today that the firm this month will begin rolling out the first phase of a major technology initiative designed to further enhance the performance of its low latency and ultra-low latency offerings. Phase One consists of upgrades in the gateway, infrastructure and application technology, enabling clients to reduce trading latency by up to 20 percent.

March 9, 2010

QuantHouse, the leading independent provider of low latency trading solutions, announced today that BATS Europe, the fast-growing pan-European multilateral trading facility, has selected QuantHouse to supply real-time feeds of market data from other European trading venues. BATS Europe uses the data from primary listing markets and other MTFs to support its trading operations and specific order types on its marketplace, as an input for market analytics, and to support its recently launched smart order routing service.

March 8, 2010

29West, Inc. the market leader in high-performance, low-latency messaging solutions, and Exegy, the hardware-accelerated market data appliance company, announced today a strategic new offering in market data distribution. The high-performance, space saving, cost effective market data solution for large trading groups is powered by the integration of 29West's next generation LBM messaging software with Exegy's unique low-latency market data appliance – the Exegy Ticker Plant.

March 8, 2010

Messaging specialist 29West is collaborating with Exegy to integrate the latter's hardware-accelerated ticker plant with its Latency Busters Messaging (LBM) middleware, in what the companies are pitching as a "strategic new offering" for enterprise-wide market data distribution. The tie-up provides 29West with new options for data feed handlers and Exegy with a high fan-out distribution mechanism, as well as a strong middleware partner.

March 8, 2010

Progress Apama has signed up Link Investimentos, its 18th client in Brazil in just 18 months, for its algorithmic trading platform. The deal underscores Progress Apama's assertion that the local electronic trading market is booming as investment banks and brokerages adopt next-generation trading technologies to enable algorithmic and high-frequency trading strategies.

March 8, 2010

Selerity, a provider of real-time event data solutions for the financial services industry, today announced the launch of its ultra-low-latency platform for delivering machine-readable U.S. Corporate and Economic event data. The Selerity Platform allows investment firms to make accelerated decisions using breaking events.

March 5, 2010

Cable & Wireless Worldwide has responded to market demand for high-speed exchange connectivity with a new configuration of its International Ethernet Private Line (IEPL) network. The company reckons the newly configured network will meet the needs of high-performance traders by delivering high speed – up to 1Gb per second – as well as predictable and secure ethernet connections.

March 3, 2010

Icap has selected Tervela technology to support a global messaging infrastructure for its electronic broking division Icap Electronic Broking (IEB). Tervela's TMX message switches, TPE persistence engines and the TPM provisioning and management system beat IBM's MQLLM solution as well as products from Tibco Software, RTI, Solace Systems and 29West in a rigorous nine-month product evaluation and sales process that came down to a bake-off between Tervela's hardware-based solution and a software-driven messaging system.

March 2, 2010

IBM has added five feed handlers to its WebSphere Front Office for Financial Markets platform as well as a delay adapter that can be used to delay the distribution of real-time market data feeds by a predefined amount of time.

March 1, 2010

Nordic multilateral trading facility (MTF) Burgundy's addition of Fixnetix to its lineup of connectivity suppliers brings the number of connectivity options to five, including Verizon, BT, TNS and IP-Only.

March 1, 2010

euNetworks Group Limited, announced quarterly growth in total revenue of 25% against fourth quarter 2008, achieving €8.5 million revenue. This growth includes one-off revenue of €0.8 million relating to asset sales. Excluding one-offs, recurring revenue grew 13% against fourth quarter 2008. Gross margin was 48% in the quarter, up from 43% in 2008. During the quarter, 24 new customers were signed. The net loss from operations, and before exceptional items was €5.6 million, improving from €7 million in quarter four 2008.