New York brokerage firm Albert Fried & Co. is integrating the TradingScreen execution management system (EMS) into its low-latency execution FIX environment.

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New York-based quantitative hedge fund Thor Asset Management USA as selected Quanthouse’s Quantfeed low latency data feed solution to support trading on both US and European markets.

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Progress Software’s Apama group has teamed up with BIt Systems, the exchange systems provider acquired by the London Stock Exchange as part of its takeover of Borsa Italiana, to offer a range of hosted complex event processing (CEP) capabilities, such as algorithmic trading and smart order routing.

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GL Trade has opened a connectivity hub in Mexico City, its 30th deployment worldwide. The facility will allow its GL Net low-latency market data and order routing network to will international investors’ access to the Bolsa Mexicana de Valores (BMV) and the Mercado Mexicano de Derivados (MexDer).

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Seoul-based derivatives broker PB Futures has selected Orc Software’s Orc Connect for low-latency connectivity to Korean markets. PB will use Orc Connect to offer value-added services, such as co-location of customer infrastructure and fast, secure, high capacity access to the Korean derivatives market for Orc Trading solution customers.

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Transaction Network Services has added Turquoise to the list of alternative trading systems (ATSs), exchanges and electronic communication networks (ECNs) accessible through its Secure Trading Extranet.

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Credit Suisse has contracted with Fixnetix to provide hosting for the bank’s Advanced Execution Services (AES) group globally. Under the deal, Fixnetix will provide collocation and direct connectivity for European exchanges and new multilateral trading facilities, as well as low-latency market data and support for trading messages.

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TradingScreen Inc. has launched TradeExchange, a low latency, immediately deployable, direct connectivity solution across equities and listed derivatives. TradeExchange is a proprietary network of fully managed exchange links that will provide exchange members to offer their buy-side and other clients a low-latency direct connectivity solution, without infrastructure support or maintenance.

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Transaction Network Services has been accredited by the London Stock Exchange to Network Service Provider to provide high-speed connectivity for financial institutions. As an accredited Network Service Provider, TNS is able to offer its Secure Trading Extranet for low-latency access to the LSE’s TradElect trading platform and Infolect real-time data services.

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BT has expanded Radianz Ultra Access solution into Chicago, giving firms near sub-millisecond access to number of market data and execution venues, including Chicago Board Options Exchange (CBOE) and IntercontinentalExchange.

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Fixnetix, a provider of ultra-low latency market data, is deploying CorvilNet to monitor latency and demonstrate record performance speed to its customers. CorvilNet monitors, analyses and optimises electronic trading infrastructures against ultra-low latency objectives encompassing market data feeds and order execution traffic.

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Quanthouse, an independent global provider of end-to-end systematic trading solutions, has launched Quantlink, which it claims is the first international trading infrastructure platform combining low latency market data, proximity hosting and global order routing services linking all US and European exchanges through its end-to-end proprietary fiber optic network.

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IT integrator Aipex and content networking vendor Solace Systems have formed a partnership to assist Australian financial organisations in improving the speed and throughput of their data distribution networks.

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Capital markets consultancy NET2S has identified firewalls and applications as the new ‘latency culprits’ in a study examining end-to-end trading latency, finding that they collectively contribute 85% of overall latency. And, having assessed tools to measure latency, NET2S approached SeaNet Technologies to form a partnership to offer clients a comprehensive and accurate breakdown of latency across their market data and trading flows.

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Fixnetix, a provider of ultra-low latency market data, has announced sub-millisecond data feed connectivity to the new NASDAQ OMX Europe marketplace designed for the high performance of European blue chips.

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Equinix, a global provider of network-neutral data centres and Internet exchange services, and ICAP, an interdealer broker, has announced that ICAP will expand its premium interconnectivity i-Cross service to Equinix’s London-Slough (LD4) Internet Business Exchange (IBX) data centre. The service is expected to be available by the end of this year.

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BATS Holdings’ European Markets division has selected Fixnetix’s sub-millisecond real-time data feed technology to source equities pricing for its pan-European multilateral trading facility set to launch late October/early November.

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Korean-based broker Samsung Futures has rolled out Orc Software’s Liquidity Access solution to increase its bandwidth capabilities and provide customers with high throughput connectivity to Korean markets. According to the derivatives trading and connectivity solution provider, the deal was booked in the third quarter of this year.

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Trading Systems Associates, Voltaire and Accolade Technology have announced TipOff - Wombat Data Fabric Edition, a new variant of TS-Associates’ middleware monitoring product, incorporating software developed by Voltaire and hardware developed by Accolade.

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Tora, a provider of electronic trading systems and access to liquidity for Asia, has deployed software from Trading Metrics, a privately held company with venture-backed funding from VantagePoint Partners, to measure and alert on trading latency, incorporating latency data into customer execution reports. The upshot is that Tora’s clients should going forward understand that if delays are occurring, where latency issues are arising.

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