Oracle is focusing on building a Java-based pre-engineered trading bundle this year in order to facilitate fast deployment and “fewer moving parts” to deal with for its customers, explained Ian Pearl, global lead of the vendor’s Capital Markets business, to delegates at this week’s Business & Technology of Low-Latency Trading (BTLLT) event in London. This development is aimed at tackling the challenge of performance versus time to market in the low latency trading architecture space.
Regulatory change is pushing the industry towards a central utility model for market and real-time data, according to Alan Dean, global head of cross asset FIX connectivity at HSBC Global Banking and Markets. Speaking at A-Team Group’s Business & Technology of Low-Latency Trading (BTLLT) event in London this week, Dean indicated that the onslaught of regulation is squeezing firms’ budgets and the logical extension of a cost saving approach would be to opt for a utility infrastructure via a consolidated European data centre.
Linedata has built out its Longview order management system (OMS) to deliver Linedata Trader+, a trading platform that combines an intuitive execution management layer with the underlying legacy technology of Longview (see other recent news about the platform 
Lime Brokerage and Tbricks have teamed up to combine the agency broker’s ultra high speed infrastructure and the trading software supplier’s high performance trading systems for the benefit of high frequency trading firms, hedge funds and broker-dealers that require high volume and low latency access to the US markets.
The global execution management systems (EMS) market is worth a minimal US$1.5 billion a year, with a core 15 to 20 providers supplying solutions to about 12,500 firms and all are intent on raising market share through further technology development.
Verizon Business has responded to Burgundy’s complaint to the Swedish Competition Authority that it acted unfairly in refusing to co-locate the Burgundy matching engines at its Stockholm data centre with a distinct ‘no comment’.
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Per Larsson, the Orc Group chairman appointed by Nordic Capital when it acquired the company in late January, has set out plans for the three businesses within the group, promising new products and software features from Orc, a focus on client execution services at Neonet and more of the same at FIX specialist CameronTec.
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