September 28, 2011
Readers who enjoyed our recent interview with Matt Dangerfield of Fixnetix, discussing their FPGA-based iX-eCute chip and our earlier article from David Quarrell about other potential uses for FPGA technology in HFT, may be interested to read a press release that arrived in my inbox today, announcing that ULLINK will be using an FPGA-based Network Interface Card from Fiberblaze to power its UL IRIS+ pre-trade risk product.
This is just further evidence that FPGA-based...
September 20, 2011
An Interview with Matt Dangerfield
With the recent introduction of SEC rule 15c3-5 (which requires all firms who provide sponsored access or DMA to ensure their clients’ orders go through adequate risk controls), vendors and service providers have been bringing some increasingly innovative solutions to market to help firms comply. However, forcing orders to go through pre-trade risk controls generally adds latency. So how can that latency be kept to an absolute minimum?
September 14, 2011
This is a Guest post by Manoj Narang, Founder and CEO of Tradeworx Inc
In recent months, a plethora of articles have remarked on elevated levels of market volatility, while simultaneously pointing out that computers generate an ever-growing share of the market’s volume. The implication, or in some cases, outright accusation, is that the latter is the cause of the former. While the recent front-page New York Times article on this topic refrains from...
September 9, 2011
An Interview with Hirander Misra
In this interview for the High Frequency Trading Review, Mike O’Hara talks to Hirander Misra, who is well-known in the electronic trading world as co-founder of Algo Technologies and a founding Director of the phenomenally successful MTF, Chi-X Europe.
Earlier this year, Hirander founded Misra Ventures (http:/
September 8, 2011
In November last year, the UK Government’s Department of Business, Innovation & Skills put together a Foresight Project to look into the future of computer trading in Financial Markets, led by the Government’s Chief Scientific Adviser, Professor Sir John Beddington.
The group has just released its initial Working Paper, which you can download here:
Foresight project Working Paper Sep 2011
In the coming weeks, we’ll be providing some detailed analysis of these initial...