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.
Get A-Team's News Alerts
NYSE Cuts Order-Execution Time to 5 Milliseconds from 105 FREE - A-Team Wire
NYSE Euronext Selects Ciena for 100G Network FREE - A-Team Wire
Chi-X Europe Boosts Matching Engine Performance
Pan European MTF Chi-X Europe has increased the capacity of it s core matching engine to handle 225,000 messages per second, with full redundancy. Chi-X Europe offers average internal latency of 350 microseconds and a co-location latency of 400 microseconds.
Instinet Europe Goes with BT Radianz for Proximity
European agency brokerage Instinet Europe has implemented BT’s Radianz Proximity hosting and extranet connectivity, in order to attain closer proximity to European exchanges and MTFs and access to a wide number of market participants via the Radianz Shared Market Infrastructure.
Turquoise Taps QuantHouse for European Equities Data
European MTF Turquoise has chosen QuantHouse to provide it with real time data from across the European equity markets.
Atrium Network Signs Activ Financial as First Exchange Ring Client
Connectivity provider Atrium Network has signed data vendor Activ Financial as the first client of its Exchange Ring service, which provides low latency access to European MTFs and exchanges.
Savvis Introduces Low Latency Connectivity to Chi-X Canada and Turquoise
Savvis has introduced low latency connectivity options with Chi-X Canada and Europe’s Turquoise, following on from recent connections with Nasdaq OMX, Bats, CME Group and the London Stock Exchange.
LSE Taps Rapid Addition FIX Engine for 5.0 Interface
The London Stock Exchange has selected Rapid Addition’s RA-Professional FIX engine to power a new optional FIX 5.0 interface to its TradElect trading platform. The exchange envisages that the enhanced FIX access will enable a new group of users to access its markets and provide more flexible low-latency connectivity options for existing members.
Fixnetix to Add JSE Direct Data Feed
Fixnetix plans to add access to the Johannesburg Stock Exchange’s direct data feed via its low-latency market data delivery infrastructure. The JSE direct market data feed will be available via Fixnetix’s feed handler technology, providing clients with multi-format JSE data, as well as the full order book
BT GFS Bringing Radianz Ultra Access to London
BT Global Financial Services plans to launch its Radianz Ultra Access low-latency connectivity solution in London this spring. The move, which will offer clients network roundtrip latencies of 500 microseconds, follows the rollout of Ultra in New York and Chicago. The London rollout will begin with new execution venues, such as MTFs, and then take in conventional trading venues.
NYSE Technologies to Facilitate Low-Latency Trading
NYSE Euronext has created NYSE Technologies, a new company focused on facilitating “low-latency trading and flow of transactions,” says CEO Stanley Young. The company has a remit to commercialise the exchange group’s technical solutions, intellectual property and operational capabilities and sell them to other exchanges, liquidity venues and market participants.
ISE Selects Xasax for Low Latency Connectivity
The International Securities Exchange (ISE) has selected Xasax for cross-connect services at the ISE’s co-location facility. Xasax manages a dark fibre infrastructure - the Xasax Financial Backbone (XFB) - and will provide ISE members with direct access to low latency market data through connections to most equity and options trading venues in the New York and New Jersey area.
Knight Taps QuantHouse for Hosting, Data in Europe
Knight Capital Group has contracted with French trading infrastructure supplier QuantHouse to host its Knight Link dark liquidity platform when it launches sometime this quarter. Knight Link, which by some measures is currently the biggest source of dark liquidity in the US, is being prepared for introduction to the European marketplace by Kee-Meng Tan, who joined as managing director of Knight Equity Markets International last year.
Fixnetix Upgrades European Network with DWDM Technology
Fixnetix is upgrading its European network using DWDM (Dense Wave Division Multiplexing) technology to support dramatically increasing trade volumes. The upgraded network will be capable of offering up to 80 Gigabits of capacity to support increasing market traffic volumes, which are currently growing at between 5% and 10% per month.
7ticks Partners with Equinix For Low Latency Access to Frankfurt’s IBX
Chicago-based electronic trading services vendor 7ticks, in conjunction with Equinix, has established a presence within the latter’s Frankfurt-North (FR2) International Business Exchange (IBX) data centre, linking 7ticks’ U.S.-based network and Eurex’s proximity location in Frankfurt, Germany.
QuantHouse Provides Low Latency Connection to NYSE Euronext UTP
QuantHouse has introduced connectivity to NYSE Euronext’s UTP platform, and upgraded capacity to a dual 1GB/second link, providing latencies of four milliseconds from London and 36.5 milliseconds from the US.
Thomson Reuters Adds NYSE Euronext UTP Connectivity
Thomson Reuters has announced the beta release of direct low latency connectivity to NYSE Euronext’s Universal Trading Platform (UTP) via its RDF-Direct service, allowing customers to meet the schedule of Euronext Cash markets migration from the existing NSC trading system to the new UTP.
A-Team Insight: Cicada Acquisition Underpins Aggressive Chi-X Expansion into Global Exchange Systems Business
Originally appeared in MiFID Monitor
This week’s acquisition of Cicada Corp. by Instinet’s Chi-X unit sets the stage for a mouthwatering competitive battle in global exchange technology services, pitching the new European MTF’s and Cicada’s trading and market data capabilities against those of Nasdaq OMX and NYSE Euronext Advanced Trading Solutions. It also begs the question of why the London Stock Exchange – as one of the world’s dominant exchanges – has been so quiet in leveraging its not inconsiderable technology investments into a discrete exchange systems business.
 |
Monthly A-Team Insight A-Team's flagship news and analysis publication, with the best of A-Team's coverage of the Electronic Trading, Low-Latency Connectivity, Market Data, Reference Data and Risk Management Technology segments. With in-depth features and interviews with key newsmakers, A-Team Insight gives busy financial IT executives all they need to know to stay on top of our fast-moving industry. |
A-Team Insight Events
Loading ...
