Share |

Newswire

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.

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.

Originally appeared in MiFID Monitor

Thomson Reuters has launched an ultra low latency direct feed to Turquoise, the multi-lateral trading facility (MTF) established by nine leading European investment banks to deliver market data and trading connectivity. The sub-millisecond direct exchange feed for Turquoise is in response to growing interest in multilateral trading facilities.

Solace Systems, a supplier of high-speed, low-latency content networking hardware, has joined the Financial Information Forum (FIF), an organization formed to address technology implementation issues in the financial services industry.

Stac has completed tests to find the maximum Point-to-Point Server (P2PS) Producer 50/50 throughput on a single server using Intel Dunnington processors over a Cisco Nexus 5000 switch.

NYSE Euronext Advanced Trading Solutions, the low latency trading technology division of NYSE Euronext, has rolled out a software based solution to handle 10 major US equities feeds on a single server with potential headroom of three-times the current market peak capacity. The key ingredients of this implementation are its, Wombat Data Fabric, its high performance middleware and its feed handler technology.

Sun Microsystems and GigiSpaces have set a new benchmark performance result that address the scalability needs of capital market customers at High Performance on Wall Street this week. In performance tests, the energy-efficient Sun SPARC Enterprise T5240 Server processed 1.3 million transactions per second with 60 concurrent clients to achieve an improvement of up to 40 per cent over competing multi-threaded platforms. The average throughput per client thread was sustained at about 21,000 transactions per second.

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.

The Securities Technology Analysis Center’s (Stac) Benchmarking Council – a group of 40 leading trading firms formed a year ago – has approved the Stac-M1 Benchmark specifications, the first industry-standard benchmark for trading technology.