The Trading Mesh's Blog
December 17, 2013
By Mike O'Hara
Earlier this week, Redline Trading Solutions announced that IEX, the new equity trading venue owned exclusively by a consortium of buy-side investors, is using Redline’s InRushTM low latency ticker plant.
This is interesting because Redline’s technology is more typically associated with high frequency trading and smart order routing than with a dark pool committed to operating a fair and balanced market.
December 12, 2013
By Mike O'Hara
There were a number of interesting press releases and announcements at this year’s FIA Show in Chicago, including one from data centre IT solutions provider OnX Enterprise Solutions and infrastructure management company VDIWare, announcing their joint offering of high performance trading solution stacks on a bundled and hosted basis:
The two firms worked closely together with Intel at...
November 4, 2013
In this article, Mike O’Hara, CEO of HFT Review - in conversation with Arnaud Derasse, CEO of Enyx, Stephane Tyc, Co-Founder of Quincy Data and Ron Huizen, Vice President of Systems & Solutions at BittWare - looks at how the combination of microwave and FPGA technology is changing the landscape of market data distribution and consumption, particularly in high performance, low-latency trading environments.
In April 2013, Quincy Data, a US-based provider of ultra-low...
October 7, 2013
By Mike O'Hara
Last week, Argon Design, a design services company based in Cambridge UK working in the areas of high performance networking, processor architecture and digital logic design, released an announcement about some pretty impressive results they had achieved in tests running a trading algorithm directly on an Arista Networks 7124FX Application Switch…
“For the measured leg in the test harness, latency was reduced from a previous best of...
September 3, 2013
An Interview with Peter Niklewicz
By Mike O’Hara, 3rd September 2013
Earlier this week, Warsaw Stock Exchange announced the launch of a new co-location service for high performance access, to offer its clients low latency access to the Exchange’s UTP trading platform.
In this interview, Peter Niklewicz, Senior Advisor to the WSE Management Board and the Exchange’s chief representative in the UK, discusses this co-location initiative.
August 13, 2013
An Interview with Sergei Poliakoff
By Mike O’Hara, 13th August 2013
With no threats of things like financial transaction taxes, maximum order/trade ratios, minimum resting times or any of the other artificially introduced initiatives to slow the markets down that are being increasingly discussed in Europe and US; Russia is looking more and more attractive to Western HFT firms.
And within Russia, Moscow Exchange is taking a number of steps to attract Western firms that...
July 30, 2013
An Interview with John White
By Mike O’Hara, 30th July 2013
The foundations of SIX Swiss Exchange were laid in 2008 when SWX Group, Telekurs Group and SIS Group joined forces to provide a range of services under the banner of SIX. With its SIX Swiss Exchange division, SIX operates one of Europe’s key regulated stock exchanges and the reference market for more than 40,000 Swiss securities.
In this interview, we speak with John White, Head Equity Product Management...
July 12, 2013
An Interview with Dave Lauer
There are many industry participants and observers who would agree that the US Equity market structure has become overly – and unnecessarily – complex. The combination of regulatory changes, technology developments and changes to market microstructure over the last decade have led to a point where there is a now a delicate balance between the markets operating efficiently and unexpected events occurring that seriously dent people’s...
May 28, 2013
An Interview with Sam Tyfield
Anyone trying to keep up with the regulatory landscape in Europe, from a financial trading perspective has their work cut out. It literally is changing on a weekly basis at the moment. There are various flavours of Financial Transaction Tax; the recently past German HFT Act; MiFID II and MiFIR; the new Market Abuse Regulations; and more.
In this interview, HFT legal expert Sam Tyfield, Partner at Vedder Price, takes us through the latest...
May 20, 2013
An Interview with John Lowrey
In this interview, we talk to Capital Markets veteran John Lowrey, Global Head of Electronic Trading and DMA Services at Marex Spectron who, during a long and illustrious career in the City, has held senior positions at Goldman Sachs, Knight Securities, Lehman Brothers, Nomura and Chi-X.
A true pioneer of electronic trading infrastructure and services, John shares his thoughts on a wide range of topics, including how and why markets are...