Kx Systems has released the latest version of its high-performance database, kdb+ v3.1, as well as its latest benchmark results. Following performance enhancements, the kdb+ v3.1 has seen results up to 8 times faster than any previous Securities Technology Analysis Centre M3 benchmarks, says the firm. Compared to previous best results, the latest version runs over 4 times faster, taking about half a minute to read, calculate, and write the table.
TMX Atrium has migrated The Order Machine (TOM) from its previous trading location in Stockholm to TMX’s new site in London. Clients can now access TOM at its new production and back up sites from multiple trading sites. TOM is a best execution specialist platform for the retail community and has been a member of the TMX community since 2011.
Integrated capital markets service provider, Calypso Technology, has been certified for the TickITplus Foundation Level, including the management system standard for ISO 9001:2008. TickIT is a quality management certification programme for software development and plus covers adherence to a set of criteria for business processes. The certification is intended to offer a flexible, multi-level approach to IT quality and certification assessment to capitalise on the strengths of TickIT and covers all of Calypso’s support sites around the world.
Securities and derivatives processing software firm, Torstone Technology’s back office system, Inferno, is now capable of processing one million transactions per hour. Capacity tests were focused on equities and bonds to represent typical asset classes for a high volume business, says the firm. The results gave a range of 240 to 300 transactions per second.
MIG Capital Europe has launched a simplified trading service with a single account type for foreign exchange, precious metals and contracts for difference (CFDs) traders. The offering provides traders of all ability levels access to account conditions that were previously only available to the firms’ Prime account holders.
Accelize, a provider of ultra-low latency, FPGA-based network processing cards, and Enyx, a turnkey FPGA-based services provider, last week announced the availability of a fully integrated, FPGA contained trading platform. The tool is targeted at financial companies looking for high performance trading services. Features on the platform include real-time market data acquisition over 10GB Ethernet and normalisation and book building inside the FPGA.
The Bank of Korea has gone live with Calypso Technology’s front-to-back office service to manage its foreign reserve investment strategies more efficiently in order to improve operational stability and return on investment ahead of the implementation of regulatory changes. The system provides the bank with the ability to support investment management decisions across a wide range of products including FX, MM, equities, commodities, fixed income and interest rate derivatives.