Firms must embrace the shift toward increasingly electronic, ‘fast markets’ – making the requisite investment in technology infrastructure – if they are to benefit from the operational efficiencies and exploit early-mover advantage. That’s the finding of a new white paper from CEP platform provider Aleri – produced in conjunction with A-Team Group and available for free download at www.aleri.com/resource-library/whitepapers/index.php.
In our second podcast, Pete Harris, President - Americas for A-Team Group, talks about benchmarking the performance of low latency architectures. Pete answers the questions: How useful are benchmarks? Are the benchmarks that currently exist reliable enough for users when purchasing systems? Is there a way to make benchmarks more useful and reliable for user firms? Angela Wilbraham, CEO of A-Team Group, moderates.
By Pete Harris, President, Americas and Editor-at-Large at A-Team Group
A-Team has been tracking the diverse collection of technology innovators playing in the low latency space. So where is low latency IT going?
I was recently asked for a definition of low latency, and as I struggled to articulate a concise answer, I realised that it’s a term that means different things to different people. The best I could offer is that it means delivering data or conducting a transaction in as near to zero time as possible.
In our debut podcast, Andrew Delaney, Editor-in-Chief of A-Team Group, examines the proposed takeover of Reuters by Thomson, and the impact it might have on those using or looking for low latency datafeeds. Peter Harris, President - Americas for A-Team Group, moderates.
With most things in life, the devil is surely in the detail. Baby packed and ready to go, car loaded and full of gas, route planned and maps in the front seat: where are the car keys?
And when all the big hoo-ha’s at the Guardian, the Wall Street Journal and the New York Times have mulled and remulled the logic of Thomson’s bid to acquire Reuters (although it’s looking more like a reverse from where we’re sitting – just back from France, of course, so completely off the map), it’s going to be the in the detail where things start to get scratchy. For our very very vertical world of low-latency market data delivery infrastructures, that means: what happens about Thomson’s recent deal with Wombat Financial? READ THE REST
As prime suspects in the worldwide conspiracy that is low latency, you’d think we might be protagonists too. But while whatever low latency is helps those who’ve achieved it to beat the competition that haven’t (yet), I’m still sceptical that any advantage derived from ‘low latency’ will be short-lived. How can it not be? After all, as vendor after vendor and firm after firm heralds the arrival of yet faster access to electronic trading systems or delivery of real-time market data, at some point the “Scottie” factor surely will kick in. READ THE REST
Low-latency distribution of market data via direct exchange feeds appears to have hit its stride. In fact, it has become the latest arms race. The fact remains, however, that there is no standard measurement of market data latency that offers apples-to-apples comparison between competitive data feeds, feed handlers and databases.