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May 20, 2010

This month’s bulletin from the Financial Information Forum (FIF) finds that NASDAQ TotalView ITCH 3.1 and BX TotalView ITCH 3.1 were up 57% and 50% with new record peaks of 306,860 mps and 83,324 mps

May 20, 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.

May 19, 2010

FSMLabs, a premier provider of enterprise real-time and timekeeping technology, and Spectracom, a company of the Orolia Group and a global provider of time and frequency systems to support vital communications networks, today announced that Spectracom has qualified FSMLabs TimeKeeper to run with the Spectracom family of Network Time Protocol (NTP) NetClock time servers. The joint solution combines Spectracom NetClock hardware and FSMLabs TimeKeeper software and helps financial services and other regulated industries meet requirements for accurate time-stamping and data logging with high transaction volumes.

May 13, 2010

SAP and Sybase, Inc., Dublin, California (USA) today announced that SAP’s subsidiary, SAP America, Inc., has signed a definitive merger agreement to acquire Sybase, Inc., in a transaction that will bring the two information technology (IT) leaders together to enable companies to become better-run “unwired enterprises.” As a result of this transaction, customers will be able to better harness today’s explosion of data and deliver information and insight in real time to business consumers wherever they work so they can make faster, more informed decisions. Companies will benefit from greater productivity, speed and agility to help their businesses grow. Under the terms and conditions of the merger agreement, SAP America, Inc., will make an all cash tender offer for all of the outstanding shares of Sybase common stock at $65.00 per share, representing an enterprise value of approximately $5.8 billion.

May 13, 2010

Savvis, Inc, a global leader in cloud infrastructure and hosted IT solutions for enterprises, today announced that UBS Investment Bank's equities electronic trading infrastructure and the firm's Alternative Trading System, UBS ATS, are now hosted by Savvis in its premier financial data center complex.

May 13, 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.

May 12, 2010

At its annual user conference taking place in Las Vegas, Tibco announced its next generation messaging product, dubbed Tibco FTL, which will leverage multi-core chip architectures and both shared memory Local Direct Memory Access (LDMA) and Remote Direct Memory Access (RDMA) technologies to bring inter-process latency down to below a microsecond. It will also add content-based routing to its messaging products, a departure from the subject-based addressing that has been a hallmark from its beginnings.

May 11, 2010

Exegy, the hardware-accelerated market data appliance company, and Solace Systems, the leading provider of hardware-based middleware, announced today an alliance for market data collection and distribution. Large trading groups are increasingly using hardware-based systems to cope with the ever increasing volumes of market data, and traders need to collect and distribute data with extremely low, consistent latency. The Exegy Total Connect, Exegy's low-latency market data appliance, will work with the Solace Message Router to simplify the enterprise-wide distribution of market data.

May 11, 2010

QuantHouse, the leading independent provider of end-to-end systematic trading solutions announced today the release of a major enhancement of its QuantFEED technology allowing sub-microsecond communication performance between market data normalisation and client trading strategy processes.

May 11, 2010

Tbricks, the provider of innovative high-performance trading systems, announced today that it has integrated the Presto FIX/FAST engine from Pantor Engineering, a specialist provider of high-performance trading solutions.

May 11, 2010

Helping fulfil TIBCO's vision for "Enterprise 3.0," TIBCO Software Inc. unveiled a new software platform for managing business rules and events in real time across disparate technology systems.

May 10, 2010

SpringSource, a division of VMware, Inc., and the leader in Java application infrastructure and management, today announced that VMware has entered into a definitive agreement to acquire GemStone Systems, Inc., a privately held provider of enterprise data management solutions based in Beaverton, Oregon. Terms of the deal were not disclosed.

May 6, 2010

Equinix, Inc., a provider of global data centre services, today announced the expansion of its NY4 International Business Exchange (IBX) data centre. The $80 million third phase provides approximately 1,250 cabinet equivalents, enabling Equinix to better service the largest metropolitan area in the United States — a region that includes leading financial firms and some of the largest media and enterprise companies in the world.

May 5, 2010

Equinix, Inc. (Nasdaq: EQIX), a provider of global data centre services, today announced it has opened its fourth International Business Exchange (IBX) data centre in Zurich, Switzerland, more than doubling its capacity in the city. The new 2,300 gross square metre IBX data centre, called ZH4, has been built to meet the rising demand for premium colocation and interconnection data centre services in the region, particularly from global and local network service providers and financial services firms. The $13.5m investment in the ZH4 IBX data centre is part of Equinix’s $2.0 billion expansion programme to grow data centre operations globally between 2007 and 2010.

May 5, 2010

NYSE Euronext is moving towards live trading at its new data centres for the U.S. and Europe. At last week's A-Team Insight Exchange conference, Russ Kohn, managing director of global connectivity at NYSE Technologies, confirmed that live trading on the NYSE Classic market will begin in its Mahwah, NJ data centre on August 1, with NYSE Arca markets beginning to trade there in February 2011. Separately, the exchange today announced that customers had begin to install equipment in its European data centre.

May 5, 2010

ACTIV Financial, a leading global provider of fully managed low-latency market data solutions, today announced that OptionsXpress, a pioneer in equity options and futures trading and long-time ACTIV customer, will be upgrading to its ACTIV Market Data Processing Unit (MPU) to accelerate low-latency exchange feed processing and enhance throughput and performance.

May 4, 2010

Atrium Network, provider of smarter connectivity for the financial community, announced today that it has enhanced its connectivity to include NASDAQ OMX’s Nordic markets (Copenhagen, Helsinki and Stockholm).

April 30, 2010

The benefit of operating on the ground is, of course, that you get to figure what’s really going on. None of this learning vicariously through various media, like this one. The real deal.

April 29, 2010

Lexent Metro Connect, a leading provider of dark fiber networks in the New York Metropolitan area, announces today that it has extended its footprint to CoreSite’s New York data center at 32 Avenue of the Americas. CoreSite is a national data center, colocation and peering provider with eleven data centers across the United States. This latest network deployment further extends Lexent’s access to key financial network hubs in and around the New York metro area.

April 28, 2010

Hanweck Associates, a premier financial services provider specializing in risk management systems and technology for institutional investors, and SpryWare, a premier provider of ultra low latency feed handlers and direct market data technology, today announced that they have integrated Hanweck’s high-performance, hardware-accelerated options analytics solution, VoleraFEED, with the SpryWare Market Information Server. The integration provides options market participants with the advanced computing power and access to fast, quality market data needed to deliver low-latency, real-time options analytics to drive advanced trading strategies. This new offerings adds to Hanweck’s existing VoleraFEED integrations, including ACTIV Financial’s ACTIVFeedDirect and IDC’s PlusFeed.

April 28, 2010

Singapore Association of Financial and Commodity Traders (AFACT) and UOBF Schneider Lead Efforts in Bringing Algorithmic Trading to Singapore RTS Realtime Systems Group (RTS), a leading global trading solutions provider, announced today that the firm has successfully rolled out its low latency, event-based algorithmic trading solution to the first group of advanced traders at UOBF Schneider in Singapore. The group of traders has deployed RTS‘ high performance solutions following participation in a Singapore program to train former floor traders choosing to transition from a “point and click“ approach to algorithmic trading.

April 27, 2010

In key ways, trading firms have gone back to the future in their attempts to build winning architectures for the 21st Century, said an executive from consultancy Accenture, during the A-Team Insight Exchange conference yesterday in New York City.

April 27, 2010

Cisco today announced that Fixnetix, one of the leading providers of low-latency trading, market data, hosting and direct market access (DMA) services for the financial service industry, has completed its US low latency network expansion using Cisco technology. The ability to trade the “Fastest” in any market from any location has enabled Fixnetix and Cisco to set the bench mark for low latency trading and market data access. Fixnetix has now completed its ultra high speed 10Gb+ network with the addition of 6 US colocation centres from Chicago, New York and New Jersey bringing the tally including Europe to 24. Over the last four years Fixnetix has worked closely with Cisco to create the ‘Ultimate Financial Services Network’ providing end customers, including banks, hedge funds and proprietary trading groups, with the ability to trade in any location with guaranteed lowest latency. Covering some 50+ Cash, Futures, Options, FX and Bond Markets puts Fixnetix ahead of the competition with the help of Cisco.

April 27, 2010

Hibernia Atlantic, the only diverse transAtlantic high bandwidth connectivity provider, and Megatrade Communications Services, a telecommunications share group for the Canadian securities industry, announce today that Hibernia’s low latency Global Financial Network (GFN) is now available to all Megatrade members. With this new offering, Megatrade clients now have access to secure and diverse low latency connectivity solutions throughout Canada, the US, UK, and Europe.