Building a low latency trading architecture is not just about high performance and speed, it is also about usability, agreed panellists debating ‘Deploy Fast, And Build to Last’ at this week’s Business & Technology of Low-Latency Trading (BTLLT) event in London. However, there was some debate between panellists from TraderServe and Sybase about the shelf life of an algorithm: figures ranged from four days to four years.
Singapore based financial house PhillipCapital is rolling out RTS Realtime Systems’ low latency, event-based algorithmic trading solutions for the customers of its stock broking subsidiary Phillip Securities. The algo arrangement has been made ahead of the planned opening of Singapore Exchange’s Reach trading platform in August 2011 (see more on which 
A-Team Insight Events combine A-Team's expertise in financial markets IT with thought leadership from world-class technology innovators and practical experience from financial market practitioners. In 2011, a quality constituency will once again gather for these focused events in London and New York City.
Bowing to market pressure, it seems that the SEC has given the financial trading community a little extra time to implement the so-called Market Access Rule covering pre-trade risk. Instead of a July 14 deadline, trading firms, brokerages and exchanges now have a November 30 date to work to. No doubt a welcome move for those working at those organisations, who can now have a beer or two this coming holiday weekend.
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