Content about Newswire

Kx Systems, the leader in high-performance database and time-series analysis, confirms today that RSJ a.s. (RSJ), the biggest trader on NYSE Liffe and a large trader on other derivatives exchanges, has chosen Kx’s kdb+ to support its algorithmic trading.

BittWare, the leader in Altera-based FPGA COTS boards, announced today that they have begun shipping the industry's first PCI Express COTS board powered by two of Altera's 28-nm Stratix V FPGAs. The S5-PCIe-DS (S5PE-DS) is a Gen 3 PCIe x16 card with an extremely flexible memory configuration: eight SODIMM sites enabling up to 64 GBytes of DDR3 SDRAM, up to 4 GBytes of RLDRAM3, and/or up to 256 Mbytes of QDRII+. Providing additional flexibility are four front-panel QSFP cages, allowing four 40GigE, 16 10GigE, or four QDR/FDR InfiniBand interfaces direct to the FPGA's built-in PHYs for the lowest possible latency. With almost 2 million logic elements available (952,000 per FPGA), the board is ideal for high-performance computing, and with the reduced latency provided by the network interfaces, ideal for high frequency trading, military/government agency secure communications, and network processing applications.

euNetworks Group, a pan-European bandwidth infrastructure provider, announced it has built a diverse route from London to Basildon (NYSE Euronext), supporting a growing connectivity requirement in the market. In December 2012, euNetworks launched its leading ultra low latency fibre route linking Basildon to Frankfurt. Since that time, euNetworks has leveraged this fibre route to support the many customer requests for a diverse route linking London to Basildon, with this connectivity service now live and supporting customer’s bandwidth requirements from 100Mbps Ethernet through 10Gbps Wavelengths.

Informatica Corporation, the world’s number one independent provider of data integration software, today introduced Informatica Ultra Messaging SMX, the fastest and highest performing messaging software transport available based on performance benchmarking. Optimized for high speed electronic trading applications requiring the absolute lowest message latency and highest throughput, Ultra Messaging SMX delivers industry-leading sub-100 nanosecond latency with ultra-high throughput and scales linearly with message size and fan out.

BT and NZX today announced that the New Zealand market operator’s trading and market data services will now be accessible to members of the BT Radianz Cloud community. Responding to increased demand from domestic and international markets, this move will make it easier and faster for global investors to access NZX services.

Integral Development, a leading provider of FX trading solutions and services, announced today the issuance of U.S. Patent No. 8,417,622. In the recently issued patent, Integral has received additional protection to supplement and extend its earlier patents. Patents issued reassure Integral’s customers that the technology solutions and systems which they are using to conduct their business were designed in such unique ways that they warrant the legal protection afforded by the exclusivity secured by a U.S. patent. It is also a testament to Integral’s technology innovation. Integral will continue to protect its intellectual property, and the rights of its customers who use its systems and technology.

MTS, a leading European electronic fixed income marketplace, today announced plans to launch a platform for U.S. institutional investors. The platform will enable U.S. buy-side participants to directly access real-time pricing from one of the deepest liquidity pools in Europe for the first time, and execute European and U.S. government, agency, mortgage, and corporate bonds with major dealers.

Trading Technologies International, Inc. (TT) today announced that effective June 1, TT will offer X_TRADER with bundled access to all of TT’s 35 supported markets for the flat rate of $500 per month and X_TRADER Pro for a reduced price of $1200 per month. Also, X_TRADER will now include synthetic order functionality through its Synthetic Strategy Engine (Synthetic SE), which was previously available only with X_TRADER Pro.

Deutsche Börse today announced the formation of a new “Market Data +Services” segment that combines its Market Data & Analytics unit with its external technology and connectivity services. The Market Data + Services segment will be part of the division IT & MD+S headed by Executive Board Member Hauke Stars. The new segment is headed by Managing Director Holger Wohlenberg.

smartTrade Technologies, an industry leader in cross-asset liquidity management software and solutions for banks, broker-dealers, asset managers, and large hedge funds, announces today that SBI Liquidity Market, a Japanese leading FX infrastructure solution and liquidity provider, has selected LiquidityFX, smartTrade’s FX trading system to provide the aggregation service and smart order routing to achieve best execution. SBI Liquidity Market chose smartTrade for its proven market reputation, sophisticated technology and rich experience in global market for tier-1 and tier-2 banks, brokers, asset managers and hedge funds.

Quincy Data, a recognized leader in low latency market data, is pleased to announce the addition of the Slough LD4 co-location center to its growing list of distribution sites. The latency for CME Group data delivery in LD4 will be the lowest known for a publicly available service. The underlying network—combining microwave and fiber—delivers select CME data in 36.40 milliseconds rack to rack.

The Fixed Income Connectivity Working Group of leading sell side banks (FICWG) welcomes the positive response shown by the industry for the adoption of open, standardized protocols for the trading of fixed income cash bonds. Launched by the global investment banking community in June 2011 and supported by Etrading Software Limited (“Etrading Software”) and Expand Research LLP (“Expand”), FICWG aims to promote the global use of the FIX Protocol and other industry standards across all fixed income products. Since launch, FICWG has worked in collaboration with the FIX Protocol Ltd (FPL), to create best practices recommendations for trading fixed income instruments via the FIX Protocol.