Articles

Progress Software Corporation, a global provider of application infrastructure software used to develop, deploy, integrate and manage business applications, today announced a partnership between Progress Apama and Object Trading, specialists in direct market access (DMA) for ultra high frequency buy side and sell side market participants. The combination delivers an integrated trading solution that enables ultra high-frequency traders to create and manage unique algorithmic strategies, and deploy them on a low latency infrastructure for pricing distribution and order execution directly on over 40 futures and options exchanges worldwide.

Messaging vendor Tervela is partnering with Arista Networks, which specialises in 10 Gigabit Ethernet networking, to offer a high-performance messaging architecture, incorporating application-aware switches and in-network services for information state and data persistence. As well as being pitched at low latency trading applications, the offering is also being positioned as a cloud infrastructure enabler.

CFN Services is now offering fiber-based low latency connections to key Toronto exchanges: Alpha Trading, Pure Trading, Omega ATS, Match Now, TMX Group and Chi-X Canada. The new connectivity adds to that already available to New York/New Jersey, Chicago, London and Frankfurt.

Neonet has implemented the latest version of Corvil’s core latency monitoring software. The win comes as Corvil releases version 5.1 of its CorvilNet platform, which monitors, analyzes and optimizes electronic trading and market data applications against ultra-low latency objectives within a firm’s infrastructure.