Posts Tagged ‘low latency trading’

European Low Latency Trading Gets Boost

Monday, October 11th, 2010
RSS Feed Subscribe to EtherNEWS Bookmark and Share

The infrastructure for low-latency trading in Europe will take another step forward this month as exchange group NYSE Euronext completes its migration to a UK data centre in Basildon, Essex.

The exchange group is hopeful that the move will support new trading strategies, but some rivals and market participants have raised concerns over the costs charged by exchanges for hosting trading applications.On 27 September, NYSE Euronext switched the trading systems of its European cash markets in Lisbon, Amsterdam, Paris and Brussels and its dark pool SmartPool to the new data centre, approximately 30 miles east of the City.
The group’s multilateral trading facility (MTF), NYSE Arca Europe, migrated on 11 October and will be followed by derivatives exchange NYSE Liffe on 25 October.

RSS Feed Subscribe to EtherNEWS Bookmark and Share

BATS Europe Adds Low-Latency Trading

Friday, March 12th, 2010
RSS Feed Subscribe to EtherNEWS Bookmark and Share
BATS Europe, the fast-growing pan-European multilateral trading facility, has selected QuantHouse to supply real-time feeds of market data from other European trading venues.QuantHouse, a provider of low-latency trading solutions, helps BATS Europe use data from primary listing markets and other MTFs to support its trading operations and specific order types on its marketplace, as an input for market analytics, and to support its recently launched smart order routing service.
BATS Europe executes more than eight percent of the FTSE 100, five percent to six percent of the FTSE 250 and FTSE MIB, four to five percent of the CAC 40 and DAX, and five percent of the European market overall after launching only 16 months ago.
http://www.a-teamgroup.com/article/bats-europe-selects-quanthouse-low-latency-market-data-solutions-for-its-european-marketplace/

BATS Europe, the fast-growing pan-European multilateral trading facility, has selected QuantHouse to supply real-time feeds of market data from other European trading venues.

QuantHouse, a provider of low-latency trading solutions, helps BATS Europe use data from primary listing markets and other MTFs to support its trading operations and specific order types on its marketplace, as an input for market analytics, and to support its recently launched smart order routing service.

BATS Europe executes more than eight percent of the FTSE 100, five percent to six percent of the FTSE 250 and FTSE MIB, four to five percent of the CAC 40 and DAX, and five percent of the European market overall after launching only 16 months ago.

http://www.a-teamgroup.com/article/bats-europe-selects-quanthouse-low-latency-market-data-solutions-for-its-european-marketplace/


RSS Feed Subscribe to EtherNEWS Bookmark and Share

Tokyo Stock Exchange Lights Low-Latency “Arrownet”

Monday, March 8th, 2010
RSS Feed Subscribe to EtherNEWS Bookmark and Share
The Tokyo Stock Exchange has implemented a low-latency network supporting an MPLS network called “arrownet” that is designed for fast, high-volume data communications with latency of less than two milliseconds, with a measured value less than one millisecond from the access point to the data center.
The network is configured as a ring using highly Juniper Networks “M Series” routers placed with dual redundancy, making arrownet infrastructure highly fault tolerant. The configuration also allows for fail-over from TSE’s primary data center to its backup center without intervention on the part of the securities firms.
The TSE is putting in place a number of IT innovations, including arrownet, to pave its way to becoming a “Universal Exchange” for securities, options and derivatives trading.
“The ultra low-latency response investors have been experiencing since the release of arrowhead proves that arrownet is delivering on our vision to supply a world-class trading infrastructure that is able to compete on equal terms with, or even surpass, any other financial market in the world,” says Yoshinori Suzuki, managing director and CIO of the Tokyo Stock Exchange.
TSE offers securities firms the opportunity to co-locate their systems within the Exchange’s data center, minimizing inter-system latency, while connecting them to their offices and their data centers via arrownet’s dual access points. Furthermore, the flexibility and scalability of arrownet’s architecture enables TSE to interconnect with overseas financial institutions and exchanges.

The Tokyo Stock Exchange has implemented a low-latency network supporting an MPLS network called “arrownet” that is designed for fast, high-volume data communications with latency of less than two milliseconds, with a measured value less than one millisecond from the access point to the data center.

The network is configured as a ring using highly Juniper Networks “M Series” routers placed with dual redundancy, making arrownet infrastructure highly fault tolerant. The configuration also allows for fail-over from TSE’s primary data center to its backup center without intervention on the part of the securities firms.

The TSE is putting in place a number of IT innovations, including arrownet, to pave its way to becoming a “Universal Exchange” for securities, options and derivatives trading.

“The ultra low-latency response investors have been experiencing since the release of arrowhead proves that arrownet is delivering on our vision to supply a world-class trading infrastructure that is able to compete on equal terms with, or even surpass, any other financial market in the world,” says Yoshinori Suzuki, managing director and CIO of the Tokyo Stock Exchange.

TSE offers securities firms the opportunity to co-locate their systems within the Exchange’s data center, minimizing inter-system latency, while connecting them to their offices and their data centers via arrownet’s dual access points. Furthermore, the flexibility and scalability of arrownet’s architecture enables TSE to interconnect with overseas financial institutions and exchanges.

by  Gary Kim


RSS Feed Subscribe to EtherNEWS Bookmark and Share