Tag: messaging

Bloomberg Pushes NEXT Migration

Afteran approximate $100 million investment and two years of development, Bloombergsuccessfully migrated a third of its 313,000 Bloomberg Professional Servicesclients on to its Bloomberg NEXT version of the vendor’s platform, accordingthe senior Bloomberg officials. Themigration began three to four months ago and officials expect to haveapproximately 90 percent of the Bloomberg clients on the new…

Unlocking the Value of Your FIX Logs

Some time you just do not know the value of what you have.Just consider the Spaniards who discarded tons of a mysterious silver-coloredmineral while mining for gold in the New World, which later would be known asplatinum. The new software-as-a-service (SaaS) vendor Cameron Edgesees platinum-quality data hiding in plain sight within FIX engine logs andplans…

Defining the Indefinable

Earlier this week CFTC Commissioner Scott O’Malia chaired a meeting of the regulator’s Technology Advisory Committee. As part of the discussion, a number of market participants, regulators and researchers presented their opinions on how the regulator might define high frequency trading. I toss in my two cents with this week’s Friday Musings. You can view the…

Low Latency in the Middle and Back Office

Is FTL Messaging Getting Closer?

Although the experiment’s results still need to be replicated, CERN researchers believe that some of the neutrinos that they fired along a 730 km-long testbed arrived traveling faster than the speed of light. If other particle physicists are able to replicate the feat, this could revolutionize messaging. I’ve written a few thoughts about the subject in my weekly…