Low-Latency.com

Solace Systems, supplier of low-latency content networking solutions for enterprises and service providers, has launched the Solace 3260 Content Router, the next-generation platform in its 3200 Series Content Networking System product family, capable of processing millions of messages per second thanks to its modular hardware blades and microsecond latency, claims the vendor.

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StreamBase Systems, a provider of complex event processing (CEP) software, has appointed former Apama general manager Mark Palmer as president and chief operating officer. Prior to joining StreamBase, Palmer worked for Progress Software, where he led that company’s acquisition of CEP software vendor Apama and then led the Apama business unit as general manager.

StreamBase News Release

Technorati Tags: StreamBase Systems, complex event processing, CEP, Apama, Progress Software

The March poll pondered how latency could be reduced - through software, custom hardware, or some combination thereof. Only 19 percent felt that speed could be achieved through the use of software or hardware alone. That leaves 81 percent espousing a combination of the two - or something else. What else might there be?

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It’s been a while I know, but this blogging business just keeps getting pushed to the bottom of the list. My thanks then to “Uncle” Tom Groenfeldt for alerting me on his blog to the recent departure from Sun Microsystems of Larry Scott, where he was vice president for financial services. Larry is going somewhere, though he’s not telling, at least not yet. But his departure jogged my memory to some offline conversations I’ve been having of late, not least during the Linux on Wall Street conference that I chaired the other week.

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This monthly bulletin from the Financial Information Forum provides key data points for market data rates. Percentage increases based on a comparison between March and February peaks.

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In the post-MiFID European trading landscape, new competition to traditional exchanges has forced down exchange fees and encouraged the adoption of new, low-latency technologies that speed up the trading process. With liquidity increasingly fragmented, forward-thinking institutions stand to gain market share by investing in liquidity discovery solutions. Those deciding against embracing the change do so at their peril.

A-Team has authored a new Industry Briefing which examines how MiFID is changing the face of liquidity in Europe and shows how a low-latency liquidity discovery solution can turn the challenge into an opportunity.

Liquidity Discovery in Post-MiFID Europe

Technorati Tags: MiFID, liquidity discovery, European liquidity

SpryWare, a provider of low-latency market data technology, has released DepthPlus, a client-side API interface for order book management. DepthPlus was created to give SpryWare customers multiple views into sorted levels of the order book.

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Capital Markets Consulting is incorporating ACTIV’s market data feeds into many of its customised client solutions, following a deal between the companies that aims to meet increasing demand for customised solutions in capital markets.

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IBM is working with Canada’s TD Bank to test its new ’stream computing’ software, which uses IBM’s Blue Gene supercomputer to manage larger volumes of data than traditional technology. The stream computing architecture uses algorithms to analyse live structured and unstructured data from any source and, says IBM, can examine thousands of information sources in real time, so the bank can capitalise on changing market conditions as they happen.

IBM News Release

Technorati Tags: IBM, TD Bank, stream computing, supercomputing, Blue Gene, algorithm

The Toronto Stock Exchange (TSX) has revealed that a six millisecond median response time has been consistently achieved since the rollout of its ‘Quantum Revolution’ platform for a clutch of securities trading on the new system. The current trading engine has a capacity of 47 million orders per day with a full load of issues from Toronto Stock Exchange. Market capacity tests have proven TSX Quantum capacity to this threshold, with “economically viable scalability” to one billion orders per day.

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