On 28 Feb 2008 in ET-Connectivity, ET-Low Latency Trading, ET-Multilateral Trading Facilities, Electronic Trading 
Turquoise Trading Limited, the multilateral trading facility (MTF) established by nine European investment banks, has selected BT for secure hosting services and low latency connectivity, claiming that the MTF it will be able to offer its users fast, direct access to the trading platform and the option to co-locate their trading engines with BT to achieve “near-zero” trading latency. In order to ensure maximum resiliency, Turquoise systems will be hosted in two of BT’s data centres in the London area, with the centres connected by BT’s low latency technology and enabling synchronous data transfer.
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On 11 Feb 2008 in ET-Low Latency Trading, Electronic Trading
While the measurement unit for gauging low latency in trading systems and other applications is agreed by all as milliseconds, consensus over exactly how and where to measure it is “anyone’s choice or guess”, according Frederic Ponzo, managing director of NET2S Group, a Euronext-listed firm specialised in information/communication technologies.
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On 01 Sep 2007 in ET-Low Latency Trading, ET-Trading Technology, Electronic Trading
Austin, Texas-based proprietary trading business Kershner Trading has selected the TCM6 solution from NYSE Euronext subsidiary NYSE TransactTools for low latency access to pools of liquidity.
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A-Team’s Algorithmic Trading Directory, now available, is an easy-to-use reference guide providing the industry’s only apples-to-apples comparison across the algorithmic trading models on offer from sell-side institutions. The directory provides a series of detailed supplier profiles with descriptive information on the algorithms available, and analyses of who should be using them, under what market conditions and when.
Find out more and register to download your free copy here.
On 01 Jun 2007 in ET-Low Latency Trading, Electronic Trading
RSJ Invest, a Czech specialist brokerage firm focused on derivatives, is utilising the Radianz Proximity Solution to enable low latency direct market access (DMA) from its Prague headquarters to exchanges in London.
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On 01 Jun 2007 in ET-Low Latency Trading, Electronic Trading
Deutsche Börse and euNetworks have concluded an agreement for the provision of “dark fibre” connections, expanding the Frankfurt exchange’s communications network, which links clients globally to the electronic trading, clearing and settlement systems.
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On 01 Jun 2007 in ET-Low Latency Trading, Electronic Trading
Following the packed Reuters Forum on Performance and Low Latency in London in May, Reuters is hosting its second event on the hot topic of latency reduction in New York on June 18. At the London event, 87 per cent of delegates said reducing latency in the transaction lifecycle was either very important or important to their overall trading strategies, emphasising the key role latency reduction plays in driving competitiveness and generating revenues in the financial industry today.
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On 01 May 2007 in ET-Low Latency Trading, Electronic Trading
How are suppliers to financial institutions meeting their clients’ needs for ever-lower latency? A forthcoming series of events hosted by Reuters promises to offer some insight into the topic.
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On 01 May 2007 in ET-Comment, ET-Low Latency Trading, ET-Technology Trends, Electronic Trading
We all know that Wall Street is about performance. In these days of low latency everything, it’s all about doing things faster. Once upon a time, the focus was simply on opting for the fastest processor available, and upgrading as soon as a faster model came along. This approach worked up to a point – until it became harder and harder for the chip manufacturers to make their silicon run any faster without catching fire!
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On 01 Jan 2007 in ET-Low Latency Trading, Electronic Trading
Iress Market Technology Canada and TSX Markets are working together to offer an integrated vendor/order routing/exchange gateway access system solution for the Toronto Stock Exchange and the TSX Venture Exchange. As part of the agreement, IRESS’s trading and market data systems and its best market order router will be co-located within TSX Markets’ primary data centre. It is expected that this will offer IRESS’s customers reduced latency and consistently optimal connectivity to the exchanges.
On 01 Oct 2006 in ET-Low Latency Trading, ET-News in Brief, Electronic Trading
The Chicago Mercantile Exchange (CME) has teamed with Equinix and Digital Realty Trust to deliver low-latency access to its Globex platform, enabling customer firms to connect co-located trading servers directly to the electronic trading infrastructure through high performance, high availability fiber links. The new connection option is called CME Local Network (CME LNet) and will be launched this quarter.
On 01 Sep 2006 in ET-Low Latency Trading, Electronic Trading
Low latency is one of the hot topics right now, and the subject will take centre stage at the forthcoming High Performance on Wall Street event (taking place on Monday September 18 at the Roosevelt Hotel in New York).
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On 01 May 2006 in ET-Low Latency Trading, ET-News in Brief, Electronic Trading
Deutsche Bank has completed the consolidation of its global financial messaging to a Global Messaging Architecture (GMA), using SunGard STeP’s Mint middleware solution as the foundation. The GMA program was developed by Deutsche Bank to deliver operational cost savings and to provide standardized global service levels across its range of banking services. The bank has also struck up a deal with BT Radianz to provide its hedge fund clients with low latency access to market data and trade execution services. Deutsche is using the new Radianz Proximity solution, which hosts clients’ algorithmic and program trading applications at Radianz data centres adjacent to market data and execution venues.
