By Phil Albinus
It never was supposed to be this fast and furious.
When the first Wall Street traders hooked up their own personal computers (most likely IBM PCs or early IBM clones from Compaq), the machines were going to make things faster and easier -- more efficient, in other words. But soon, affordable networking cards attached the PCs to one another and then to the capital markets.
In the late 1990s and early 2000s, Wall Street went digital, and electronic trading exploded. Add in high-speed processors, low-latency networks, truly electronic trading platforms and dark pools, and the high-frequency future of trading had arrived.
But executing near the speed of light can be dangerous. Along with fast trades often have come loose control and severe crashes.
compaq, ibm, high-speed processors, low-latency networks, office equipment, personal computer, ibm personal computer, clone, open outcry, ibm pc compatibles, international business machines corporation, compaq computer corporation
The irony is that regulators reverse game the industry they regulate as indicated in the recent research paper
godfrey cadogan 1663 days ago,(2012/03/12)
1556 days ago,(2012/06/28) - gnodal
Vic Mahadevanappointed to Gnodal board, joins US and UK industry leadersPALO ALTO, CA and BRISTOL, UK – June 27, 2012 -- Gnodal Limited – the high performance data...
News: Trading Technologies’ New Web-Based TT Platform Now Available for Free to Higher-Education Faculty and Students
513 days ago,(2015/05/07) - Trading Technologies
CHICAGO--Trading Technologies International, Inc. (TT), a leading provider of high-performance market connectivity and trading solutions for the financial community, announced...
963 days ago,(2014/02/11) - Custom Connect
11th February 2014, London, UK & Moscow, Russia: IXcellerate Moscow One Data Centre, designed and operated to Tier 3+ standards, announces today that Custom Co...
1482 days ago,(2012/09/10) - HFT Review
By Nathaniel Popper TICKER tape: it’s an enduring image of Wall Street. The paper is gone but the digital tape runs on, across computer and television screens. Those ...
624 days ago,(2015/01/16) - GATElab
GATElab, the multi-asset electronic trading systems provider, part of London Stock Exchange Group, is pleased to announce it has been accredited as a software vendor of the Mo...
News: Fixnetix Is 1st Fintech Company In Europe To Offer Alteras Stratix V FPGA Chip - Aligns With BittWare For Maximum Performance With iX-eCute
1620 days ago,(2012/04/25) - News Articles
Fixnetix, global managed services provider for trading, market data and risk control, announced today they are the first fintech (financial technology) company in Europe to of...
564 days ago,(2015/03/17) - Algo-Logic
CAPI enabled Order Book processes market data and transfers top-of-book snapshots to POWER8 coherent shared memory in under 1.5 microseconds Santa Clara, California, March 17...
1619 days ago,(2012/04/26) - gnodal
Gnodal is pleased to announce the appointment of Bob Fernander as CEO. His appointment comes at an important time for the start-up networking company. Bob will take the lead i...