Market Data Message Rates Hit New Record
The Exegy Ticker Plant driving the MarketDataPeaks.com web site hit over 3.2 million messages per second on June 29th, surpassing 2.8 million mps reached during the May 6th flash crash.
FlexTrade Debuts Cross-Currency Spread Platform FlexSpread
FlexTrade Systems Inc., a broker-neutral multi-asset algorithmic trading system provider, has launched FlexSpread, a cross-currency spread platform aimed at allowing traders to make deals among multiple securities in different currencies.
Nasdaq In On-Demand Tick Data Venture With Xignite
Nasdaq OMX Group said today that it chose cloud services provider Xignite to build an on-demand data platform which enables users to access large quantities of detailed historical trade and quote data for all U.S.-listed securities.
Take Heed The Lessons From The 1962 Flash Crash
The original Flash Crash occurred on May 28, 1962. The Dow Jones Industrial Average fell sharply in 20 minutes that day, with some stocks plummeting more than 9 percent in less than 12 minutes. The SEC launched an investigation, but its cause remains undetermined.
TMX Group Builds New Co-Location Facility
TMX Group said today that it finished the construction of a new co-location facility and will start giving users high-speed access to the Toronto Stock Exchange trading engine and market data feeds starting next week.
Xignite Expands Market Data Cloud
Financial information provider Xignite Inc. said today that its market data cloud is now offering real-time information from six new securities exchanges across three continents.
It's A Rich Man's World
Regulators are chasing the market with real-time market monitoring technology because they lack the budgets of banks and hedge funds.
New Stock Regulations: Market Killer Or Savior?
In a blog to customers, Lightspeed Financial's CEO Steve Ehrlich concedes the SEC's proposals on circuit breakers and HFT quoting obligations are well intentioned, but cautions they may open a Pandora’s box of additional market friction.
Options IT Unveils Financial Application Hosting Service
Options IT, a provider of outsourced infrastructure technology, is expanding its Infrastructure-as-a-Service offering through Pipe Momentum, a hosting service aimed at bringing low-latency market data and connectivity to buy-side and sell-side traders.
Nasdaq OMX, FactSet Team to Give Corporate Intelligence
Nasdaq OMX said today that it formed a partnership with analytical applications provider FactSet Research Systems Inc. to create a research platform enabling users to monitor public and private companies along with global capital markets in real-time.