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July 20, 2010

This month’s bulletin from the Financial Information Forum (FIF) finds that NASDAQ BX TotalView ITCH 3.2 was up 23% with a new record peak of 113,631 mps over 1 second

July 20, 2010

NYSE Technologies, the global commercial technology unit of NYSE Euronext, today announced the launch of Order Routing Direct, its new, fully-managed point-to-point order routing service. Order Routing Direct uses patent-pending network technology that allows customers to seamlessly connect directly via FIX protocol with their trading counterparties and doesn’t require routing back to a centralized hub.

July 19, 2010

Atrium Network, provider of smarter connectivity for the financial community, today announced that its clients can now benefit from low latency connectivity to Hotspot FX, LLC, the New Jersey-based institutional foreign exchange ECN via Atrium Network’s global extranet infrastructure.

July 19, 2010

StreamBase has responded to increasing interest in foreign exchange (FX) trading by teaming up with algorithmic FX trading specialist MarketFactory to speed up ‘time to first trade’ for hedge funds, banks and trading firms accessing the spot FX market.

July 15, 2010

OneMarketData, LLC, the leader in tick data management and analytics, today announced that Intelligent Wave Inc. (IWI), a Japanese company specializing in system solution business, credit card business and security system business, has become the first Japanese reseller of OneTick, the one solution for complex event processing (CEP), tick data management and analytics.

July 14, 2010

Collaborative Software Initiative’s recent soft launch of Openmarketdata.org and the growing ambitions – and credibility – of ventures like Hedgehogs.net may be signalling that collaboration for financial markets applications and infrastructure is an idea whose time has finally come. While individual open-source providers – notably Marketcetera with its order management platform – have made inroads into specific areas of the business, CSI and Hedgehogs.net are taking the argument to the enterprise level, and may succeed in attracting high-level attention as a result.

July 13, 2010

cPacket Networks, Inc. the leading provider of pervasive network intelligence technology, today announced that it has joined the Securities Technology Analysis Center (STAC). STAC is focused on helping end-user financial firms understand the performance of their existing systems and of new technologies they wish to adopt. cPacket will participate in the STAC Benchmark Council, a group of trading firms and vendors focusing on measuring the performance of algorithmic trading systems.

July 13, 2010

Level 3 Communications, Inc., an international provider of fiber-based communications services, and Novasparks, the ‘No Latency’ specialists in data packet processing solutions, announced today that they have successfully tested a next generation end-to-end low-latency market data transport solution leveraging Level 3’s newly upgraded ultra-low-latency route between Frankfurt and London.

July 13, 2010

Interxion, a leading European provider of carrier-neutral data centre services, today announced that it offers low-latency access to BATS Europe, the fast-growing European Multilateral Trading Facility (MTF).

July 9, 2010

Chi-X Global Inc. today announced that its Japanese subsidiary, Chi-X Japan Limited, has been granted a PTS (proprietary trading system) License by the Japan Financial Services Agency (FSA). Trading on the Japanese equities platform is expected to begin July 29.

July 7, 2010

NetScout Systems and National Stock Exchange (NSX) have developed a purpose built end to end latency management system for trading that measures latency per transaction and exposes microsecond latency metrics to pinpoint latency and performance problems across order flows. The release is an attempt on the part of the partners to remain a step ahead of their competition and provide their customers with a sophisticated latency intelligence solution with a swift return on investment.

July 5, 2010

Finamex, the leading financial services broker dealer for the Mexican Exchange marketplace, historically focused in providing premium professional trading products for high-performance and low-latency market access, announced today its new proximity DMA offering.

July 1, 2010

Philippe Carre SunGard SunGard has extended its Valdi Market Access solution with the addition of a hosted connectivity service to EuroTLX, a Milan based European multilateral trading facility that claims to the first fixed income market in Europe focused on retail investors.

June 30, 2010

Exegy, Inc., the market data appliance company announced today that the Exegy Ticker Plant driving the MarketDataPeaks web site hit 3,245,070 messages per second. This is a new record and surpasses the previous high water mark of 2,808,532 mps reached on 6 May 2010 during the flash crash.

June 30, 2010

NYI, a SAS 70 type II-certified, mission-critical data solutions provider, has launched NYI X-Connect, a new platform that allows NYI customers immediate, customizable access to more than 20 top markets, including New York, New Jersey, Frankfurt, Singapore, Hong Kong, Chicago and Toronto.

June 29, 2010

UK brokerage firm Winterflood Securities has gone live on the SunGard Global Network (SGN) low-latency market data and order routing network, SGN Securities, to gain access to its clients’ order flow generated on SunGard's systems.

June 28, 2010

Australian stockbroking, corporate advisory and asset management firm BBY has chosen Orc Software to meet customer demand for low latency, high throughput connectivity to the Australian Securities Exchange (ASX).

June 28, 2010

Corvil, a provider of Latency Management Systems for electronic trading and market data, today announced that FFastfill, a leading provider of software and services to the financial community, is deploying CorvilNet to optimize the performance of their suite of products, which encompass front, middle, back office and risk. FFastfill will use the CorvilNet solution to pro-actively manage latency for exchange and client connectivity.

June 27, 2010

Messaging specialist Real-Time Innovations (RTI) is this week announcing version 4.5 of its Data Distribution Service middleware, extending it beyond low-latency front-office applications to support middle- and back-office applications. The release includes a software development kit (SDK) allowing the creation of adaptors to link into disparate enterprise-wide systems, as well as pre-built adaptors for TCP/IP sockets and the Java Message Service (JMS).

June 25, 2010

In the financial services industry, where time is literally money, the ability to receive instantaneous financial market information is critical to maintaining competitive advantage.

June 24, 2010

Chi-Tech, the technology services unit of Chi-X Global Inc., today announced that its pan-Europe trading venue connectivity network and managed infrastructure service, MarketPrizm, is now available to firms in North America. Previously the service was available only to European-domiciled firms.

June 24, 2010

Exegy, a hardware acceleration market data appliance specialist, has added a hosted version of its ticker plant to its product portfolio and extended its partnership with Essex Radez, a provider of direct exchange feeds and collocation services for algorithmic traders.

June 24, 2010

Today at the Securities Industry Financial Markets Association's annual Financial Services Technology Expo in New York City, IBM unveiled a new technology platform designed to transform the way that financial services firms manage the ever increasing amount of data and transaction volumes generated by capital markets around the world.

June 24, 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.