As observed by Profit & Loss on Monday, Refinitiv has launched the FX Binary Multicast Feed 5ms, an enhanced low-latency market data feed to enable increased market transparency and support critical trading decision-making for Refinitiv Spot Matching clients, the company says. This brings the platform into line with its chief rival in the FX market data business, […]
Tag: low latency
FPGA-based application provider Exablaze has announced a partnership with Algo-Logic Systems, a Gateware Defined Networking (GDN) provider. Both firms service financial institution clients in trading and HFT, which include investment banks and exchanges trading multiple asset classes. The two firms say they share expertise in delivering advanced, ultra-low latency, deterministic solutions to financial markets and that […]
Exegy, a provider of managed services and low-latency technology for market data normalisation and distribution, has launched Trade Port FX, a fully managed FX market data and order execution solution.
Trade Port FX is designed to deliver network connectivity, normalised market data, and order entry to major FX venues as a fully managed service. It enables sell-side banks, buy-side fund managers, and multi-national corporations to meet all their FX market access requirements via a single vendor.
The firm says that this is an increasingly attractive solution as the FX markets experience rapid and simultaneous growth in market fragmentation, speed and functionality requirements, and the costs and complexity of building, maintaining, and managing trading infrastructure.
Specialist FPGA-enabled high-performance networking platform provider Metamako, and Velocimetrics, a provider of business flow tracking and performance analytics, have announced a collaboration to deliver analytics and time stamping “beyond what is required by MiFID II”.
The firms say Metamako’s low-latency, FPGA-enabled network devices will deliver lossless data capture and nanosecond-precision time stamping, while Velocimetrics’ VMX monitoring software will consume and analyse the ‘raw’ data to enable financial institutions to measure, monitor and gain deep insight into their business/trade flows with unprecedented speed, accuracy and flexibility.