By Steve Zwick
In late March, the initial public offering on trading platform BATS (which stands for “Better Alternative Trading System”) was torpedoed by “systems issues” that slammed share prices down from $15.25 to a few cents in less than 900 milliseconds and caused a temporary halt in trading on Apple.
Eric Hunsader looked at the trade-flow data and smelled an algorithm — something he’s gotten quite adept at as president of market data-feed firm Nanex.
News: BittWare Releases Second Low-profile PCIe Board Platform Based on Altera's Arria V GZ FPGA with Dual SFP+ Cages
26 days ago,(2015/04/02) - BittWare
Arria V GZ FPGA board platform delivers cost-sensitive solution while also providing low latency, high performance, time-stamping, and rich feature set for net...
News: Tradition Chooses Azul Zing to Increase Predictability and Lower Latency Across its Trading Platforms
3 hours ago,(07:53) - Azul Systems
LONDON, UK, and SUNNYVALE, Calif., April 28, 2015 – Azul Systems, the award-winning leader in Java runtime solutions, today announced that Zing®, Azul...
34 days ago,(2015/03/25) - Fidessa
Canadian investment manager extends use of fully managed buy-side solution Boston, March 25th, 2015 – Fidessa group plc (LSE: FDSA) today announced that Fiera Capital C...
14 days ago,(2015/04/14) - Neonet Securities AB
White Paper from Neonet and LiquidMetrix Stockholm, 14 April 2015 – Neonet Securities, the independent agency broker and execution specialist, together with ...