Tag: low latency

Tweaking FPGAs for Better Trading

Brokers, Synchronize Your Watches

Market Structure Documentary Comes to the Silver Screen

Tired of explaining to friends and family that  many of Wall Street’s latest fiascos aren’t due to conspiracies but to technology? Wait a few more months and take them to see the market structure documentary that Arbitrage Pictures plans to release next Spring. The movie, Ghost Exchange, examines what happens what happens when trading speeds and complexity outpace regulatory…

Proprietary Market Data Feed Design Costs NYSE Euronext $5 Million

Electronic traders know that milliseconds of latency can cost them a lot. Now, NYSE Euronext know that too. Without admitting or denying allegations by the US Securities and Exchange Commission (SEC) Exchange, NYSE Euronext officials announced on Sept. 14th that the exchange agreed to pay a $5 million penalty to settle latency discrepancies between two of its…

You May Be a High Frequency Trader If…

Earlier this week, one of the Technology Advisory Committee (TAC) working committees presented the US Commodities Futures Trading Commission (CFTC) a proposed four-point definition of high-frequency trading. It’s important to remember that this definition is nothing more than a recommendation to the CFTC. As CFTC Commissioner Scott O’Malia stated publicly in the past, the working…