February 20, 2012 02:50 PM
The federal appeals court has overturned former Goldman Sachs programmer Sergey Aleynikov’s conviction for stealing proprietary high frequency trading code.
February 16, 2012 09:27 AM
Progress Software Corporation (NASDAQ: PRGS), a leading software provider that enables enterprises to be operationally responsive, today announced that FFastFill, the leading provider of application services for the electronic trading andrisk management community, has extended its existing partnership agreement with Progress Software to deliver the award-winningProgress® Apama® FX Aggregation Solution Accelerator product to the capital markets industry as a fully-managed, cloud-based service.
February 14, 2012 11:22 AM
The International Securities Exchange (ISE) is now offering a Premium Access connection in its primary data center. The introduction of the Juniper switches along with new network cards and a custom load balancing scheme will enable member firms with a direct connection to ISE to reduce their roundtrip network latency by up to 150 microseconds, or approximately 90 percent.
February 10, 2012 12:13 PM
The financial commodities broker believes high frequency trading in metals could account for 20 percent of volume on the London Metal Exchange in just a few years, according to Bloomberg.
February 2, 2012 06:02 PM
Solarflare, a leader in application-intelligent 10 Gigabit Ethernet (10GbE) networking software and hardware, today announced a new SPECvirt virtualization benchmark record with its 10GbE server adapter.
February 1, 2012 10:18 AM
In a speech at the New York Law School on 31 January, Republican CFTC commissioner Scott O’Malia proposed the formation of a subcommittee specifically charged with identifying and defining high frequency trading in futures, swaps and options.
January 31, 2012 10:43 AM
FlexTrade will offer a variety of derivatives trading solutions to members of the Dubai exchange. One of these is FlexOPT, a trading system aimed at buy and sell-side organisations working in facilitation and proprietary trading. According to the company, the solution provides direct access to all options exchanges, leading broker algorithms and a range of options strategies, including dispersion trading, volatility trading and cross asset trading for quantitative trades, order management and execution management.
January 26, 2012 01:26 PM
GuavaTech specializes in managed IT services for a range of financial clients, including hedge funds, brokers and proprietary trading firms. According to the company, it offers low latency connectivity to more than 75, ECNs, banks, liquidity pools and international exchanges.
January 24, 2012 01:18 PM
Partnership provides a range of options for firms accessing interest rate swap futures on leading exchange for interest rate risk management.
January 20, 2012 12:21 PM
LimeDirect provides pre-trade risk control with an average of less than 250 nanoseconds of added latency.
January 18, 2012 11:04 AM
An exclusive partnership will see Genscape’s Cushing Oil Data Storage report distributed via Selerity’s low-latency, machine-readable platform.
January 17, 2012 11:23 AM
Atrato IP Networks picks Hibernia Atlantic to provide high-speed additional capacity on routes between Europe and the US.
January 12, 2012 12:20 PM
As the entry point into the US for all trans-Atlantic network cables and the connecting location of more than 500 networks, the 60 Hudson street building is one of the most important carrier centres in the world. According to Perseus, its presence at the address will bring significant advantages, allowing the company to offer the fastest access to global networks including trans-Atlantic, trans-Pacific, trans-continental and Latin America.
January 11, 2012 01:11 PM
Trading Technologies’ X_TRADER suite of algorithmic execution products will provide a range of new services for Vision, a self-clearing futures commission merchant with presence in a number of major US exchanges.
January 10, 2012 12:22 PM
Deal will see IFS use Activ’s US equity market data to power research and analytics in its LiquidMetrix WorkStation product suite.
January 9, 2012 01:04 PM
Bolsa Mexicana de Valores’ soon to be completed new trading platform will be amongst the fastest in the world.
January 3, 2012 02:55 PM
ConvergEx Group, a leading technology company, today announced that it has added algorithmic access to new markets in Malaysia, Indonesia, Thailand and South Korea.
January 3, 2012 11:04 AM
Informatica Corporation, the world's number one independent leader in data integration software, today announced an OEM agreement with options trading software provider, Blue Trading Systems (BTS). Under the agreement, BTS will make Informatica Ultra Messaging software the low-latency messaging backbone of its high-performance options trading platform.
December 19, 2011 12:15 PM
Oracle has announced a new release of its industry-leading application server, which now includes Tuxedo Application Runtime for IMS 11g.
December 15, 2011 05:12 PM
Hit by the growing political and economic crisis racing across Europe and dealing with sustained market volatility and impending MiFID II regulation reform, as many as 75% of all European equity buy-side traders say they are adjusting their trading strategies. With performance and services from bulge-bracket core brokers under pressure, rival brokers are eager to step forward and grab market share.
December 14, 2011 11:05 AM
KVH Co., Ltd., Asia's leading information delivery platform providing integrated cloud and network solutions, announced that Tokyo Stock Exchange (TSE) has selected KVH IaaS as its platform for a beta version of "TSE Market Impact View," a new market information delivery service to be launched on a trial basis today.
December 6, 2011 01:10 PM
Emerald Networks intends to complete its low-latency transatlantic cable in the first half of 2013, revising initial plans to begin operation by the end of this year.
December 6, 2011 11:13 AM
According to new tests, FSMLabs TimeKeeper time synchronization software and the Solarflare SFN5322F Dual-Port 10GbE Precision Time Synchronization Server Adapter achieved a 300-nanosecond distribution accuracy.
December 5, 2011 11:34 AM
High frequency trading specialist and market maker Getco has entered into a deal to buy Bank of America’s NYSE market making business.
November 22, 2011 01:31 PM
The left-wing French Senate has approved plans for a tax on automated transactions, in order to put a brake on what it sees as excessive growth in high frequency trading.
