Low-Latency.com

Securities Technology Analysis Center (STAC) has released its first test results involving 10 Gigabit Ethernet (10GigE) technology. Teak Technologies provides 10GigE switches and NICs under the product name AZ-10GE. One of the distinguishing features that Teak claims is “Acceleration Zone Ethernet”, a hardware-based collection of algorithms that detect, diagnose and rectify networking artifacts that hinder application performance and prevent a firm from achieving the full potential of 10GigE.

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CQG, the analytics and trade routing platform for global electronically-traded futures markets, has connected its hosted order routing gateways to the Liffe Connect trading system via NYSE Euronext Liffe’s new 100Mbps High Speed Access line (Low-Latency.com, 19 December 2007).

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Coral8, provider of complex event processing (CEP) software, has unveiled Coral8 Engine Release 5.2. This release offers developers and OEMs new external query capabilities and enhancements in Coral8’s event pattern matching and security features and also features Coral8’s Portal enhancements to user and dashboard management, the vendor says.

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The International Securities Exchange’s (ISE’s) Depth of Market Feed for options is now available through PrecISE Trade, its proprietary front-end trading application. ISE’s Depth of Market Feed is a real-time data feed that provides the aggregated volume of all quotes and orders available at each of the top five price levels for options that trade on ISE. The Depth of Market Feed is delivered using the FIX FAST protocol.

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Issue 2 of A-Team Group’s contributed thought leadership quarterly Low Latency - Are You Performing? is now available for download. Read contributions from Fidessa and Interactive Data. Click on the cover image below to download the PDF.

Technorati Tags: low latency are you performing, thought leadership, fidessa, interactive data

Skyler Technology, provider of ultra-low latency trading solutions for the capital markets, has launched the latest version of the Skyler C3 Liquidity Discovery Solution. Addressing the need for global liquidity management, the new version introduces a set of enterprise features and adds Europe-specific capabilities to the existing product, the vendor says. This is the first major enhancement to Skyler’s C3 product suite since the firm launched its offerings to address the data processing needs of US-based capital markets firms (Transaction Networks and Technologies, June 2006).

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CodeStreet, provider of market data development and operations tools, has introduced latency monitoring and auditing facilities to its flagship product Market Data Works (Market Data Insight, July 2007). Market Data Works now includes the following latency-specific functions: monitoring latency between points on the distribution infrastructure and from the exchange; auditing latency to review latency over periods in the past; sending alerts when latency limits are exceeded; and chart latency. The latency monitoring and auditing facilities are part of the Market Data Metrics component within Market Data Works.

Technorati Tags: CodeStreet, Market Data Works, Market Data Metrics, latency monitoring, latency auditing

Reuters has launched a high-speed data feed that is directly connected to OMX Nordic Exchange’s full order book. Reuters Data Feed Direct allows professional investors and vendors to receive market data directly from the OMX trading system with the same low latency as members of the OMX Nordic Exchange. Reuters says it is the first vendor to offer this data feed, which provides market data for equity and related products. The data is derived from OMX’s low latency data feed based on Genium FIX that launched in November 2007. The new Reuters Data Feed Direct provides data to fuel algorithms, pricing engines and other latency sensitive applications.

OMX News Release

Technorati Tags: Reuters, OMX Nordic Exchange, Reuters Data Feed Direct, Genium FIX

Progress Software has appointed Scott Grayson managing director, global sales for Apama Capital Markets products. Prior to joining Progress Software, Grayson served as managing director and head of North American sales for Algorithmics where he ran the North American sales operations for the risk management software firm.

Progress News Release

Technorati Tags: Progress Software, Apama, complex event processing, Scott Grayson, Algorithmics

StreamBase Systems, a provider of complex event processing (CEP) software, has expanded its sales team with the addition of Mark Bannon as vice president of Americas sales and Paul Grossman as vice president of EMEA sales.

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