B2N has launched what it claims is state-of-the-art Level 2 data representation that is the core of the B2N’s next generation message bus with extremely low latency factor. The technology is a component of the B2N real-time data platform MarketHub.

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Tervela, a provider of high‐performance, low‐latency messaging systems, has launcehd an integrated options market solution designed to exceed the challenging demands of the options industry. The offering couples the Tervela Message Network with professional services and high‐performance options processing capabilities to deliver the predictable low-latency, ultra‐high message throughput, resiliency and scale required in today’s volatile, high‐volume trading marketplace.

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Two weeks ago, Stac released a Stac Report on order book consolidation using the Aleri Streaming Platform running on a single quad-socket server using Solaris 10 and the Intel Xeon 7350 (Tigerton) processor. This server handled 180,000 order book updates per second with a mean latency of approximately 1.5 milliseconds and 99th percentile latency of approximately 3 milliseconds. On September 15, 2008, Intel released the Xeon 7400 series of 6-core processors, codenamed “Dunnington.” Intel therefore asked Stac to re-run the exact same Aleri configuration after upgrading the processors in the server.

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Stac has released results from tests of an order book aggregation solution built on the Aleri Streaming Platform. The Aleri solution consumed streaming, full-depth order data for two US equity exchanges via the Reuters Market Data System version 6 and aggregated the orders by price to produce a single, consolidated order book stream as the output. The consumer of the consolidated output stream was a single instance of a test client that Stac wrote to the Aleri API and Aleri helped to optimise. The consumer subscribed to one quarter of the entire set of consolidated order books.

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Skyler Technology Europe has partnered with low-latency infrastructure provider Fixnetix to jointly offer a hosted aggregated order book service. The offering is targeted at the companies’ mutual customer base including leading banks, asset managers, hedge funds and exchanges.

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SpryWare, a provider of low-latency market data technology, has released DepthPlus, a client-side API interface for order book management. DepthPlus was created to give SpryWare customers multiple views into sorted levels of the order book.

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