Has cost replaced latency as the top priority for trading firms?

Posted by on May 31, 2012

This week, NYSE Euronext announced that they are opening their US Liquidity datacenter in Mahwah, New Jersey to non-member companies for the first time. That means any third party can buy space and co-locate their servers at the NYSE to level the playing field (from a latency perspective) with the big boys on Wall Street. Is NYSE doing this in response to non-member demand for such access, or...
read more

Filed under Capital Markets, Financial Services, High Frequency Trading
Tagged with , ,

Exchanges getting proactive about improving the impact of HFT on markets

Posted by on Feb 29, 2012

Last week, I posted on how regulation has unintentionally led to increased high frequency trading across various asset classes. Today, we saw a different angle on the HFT debate, with the IntercontinentalExchange (ICE) highlighting the results of changes they implemented to encourage HFT as a source of liquidity, but discourage counterproductive high-volume quote generation. Many other...
read more

Filed under Capital Markets, High Frequency Trading
Tagged with , , , ,

The reasons HFT is shifting asset classes may surprise you

Posted by on Feb 17, 2012

At Solace, the shift to electronic trading has been at the core of our business in capital markets for many years. We’ve seen a variety of recurring use cases that are now mainstream, specifically for equities. For example: Buy-side firms engaging in high-frequency trading (HFT), either onsite or at a co-location facility. Sell-side firms offering smart order routing or internal order...
read more

Filed under Capital Markets, High Frequency Trading
Tagged with , , , , , , , , , , , , , ,

High frequency trading back in the political crosshairs

Posted by on Oct 12, 2011

This week at the Futures Industry Association (FIA) conference, the hot topic is whether government regulators should force the registration and regulation of high frequency trading firms. As this Wall Street Journal article highlights, government regulators know they don’t fully understand the impact of HFT on global markets, especially how they help or hurt non-HFT traders. There is...
read more

Filed under Capital Markets, High Frequency Trading
Tagged with , , ,

It’s “back to the future” for electronic trading firms

Posted by on Jul 18, 2011

FT.com published another good article on the state of high frequency trading that aligns pretty well with the shifts we have seen in the market. The theme of the article is that opportunities in HFT are becoming less abundant and, as a result, many HFT firms are turning back to quant strategies that differentiate based on unique market pairings or predictions of where the markets will move. As...
read more

Filed under Capital Markets, High Frequency Trading
Tagged with , , ,

Short story: New real-time trading requirements proposed

Posted by on May 6, 2011

There was an article yesterday in the Securities Technology Monitor about an SEC proposal to require real time reporting of short sales to increase timely visibility into the short positions on a given instrument. Today, this data is required to be reported monthly or bi-monthly depending on the exchange. As hedge funds and high-frequency trading have become a dominant part of trading volumes,...
read more

Filed under Capital Markets, Financial Services, Solutions
Tagged with ,

Back office messaging redux

Posted by on May 2, 2011

Here in this blog, we recently made the observation that despite all the attention on high-frequency trading and ultra-low latency, the majority of messaging spend in financial services still goes towards more boring, bread and butter applications in the middle and back office. The editors at Securities Technology Monitor liked this idea and asked us to re-make that point as part of the Idea...
read more

Filed under Capital Markets, Coverage, High Frequency Trading
Tagged with

Reinventing Internet Data Streaming

Posted by on Apr 12, 2011

We are very pleased to announce a new capability in the Solace product lineup. For many years now, we have dedicated our company to reshaping how messaging enables distributed computing for enterprise applications. Today, we announced that we’re taking our technology beyond the boundaries of the corporate network and into the wild world of the internet. We’re not the first kids on the block...
read more

Filed under Capital Markets, Cross Industry, News Release, Products, Web Messaging
Tagged with , , , , , , , ,

Reason 8: Guaranteed messaging fit for the 21st century

Posted by on Mar 11, 2011

This is part 8 in a 10 part series: 10 reasons for the growth in middleware appliances. The series summarizes what we’ve learned from our clients about what they value in appliances and why they selected Solace. For over two decades, messaging middleware has been transporting information between distributed applications so they don’t need to be directly connected. Over the years though,...
read more

Filed under Capital Markets, Cloud Computing, Cross Industry, Financial Services, Messaging
Tagged with , , ,

LSE Group swims downstream with Solace

Posted by on Mar 9, 2011

For the second time in two weeks, we are pleased to announce the addition of a major stock exchange to our list of public customers. Today we announced that the London Stock Exchange Group has implemented Solace as the guaranteed messaging backplane between their downstream system, i.e. the applications and databases that process post-trade data such as billing, risk and surveillance. You could...
read more

Filed under Capital Markets, Customers, News Release
Tagged with , , ,