Category: Architecture

Case-Based Reasoning Eyes Wall Street

Today kicks off the 21st annual International Conference on Case-based Reasoning in Saratoga Springs, NY. The four-day event brings CBR veterans and novices together to discuss research on and applications for the problem solving methodology. Never heard of it? Neither had I, until I spoke with representatives from Verdande Financial Services, one of the conference’s…

NYSE Euronext Offers New XDP Consolidated Feed

Global exchange operator NYSE Euronext plans to add a new top-of-book consolidated data feed for its NYSE, NYSE Arca and NYSE MKT data feeds, dubbed NYSE Best Quote and Trade (BQT) and should be available later this week, say NYSE Technologies officials. According to Todd Watkins, vice president, global market data at NYSE Technologies, the new…

Low-Latency Zeptonics Mired in Legal Woes

About eight months ago, Australian low-latency networking equipment provider Zeptonics, made a hit at SIFMA Tech Leadership Forum and Expo with the announcement of its new 50-port low-latency Layer-1 ZeptoLink networking device. Everything seemed rosy for the trading appliance start-up until the Australian Federal Court ruled on a tort brought against Zeptonics by fellow-Australian low-latency trading and networking equipment provider Zomojo.…

Direct Edge Announces Retail Pilot

Pending approval by the US Securities and Exchange Commission (SEC), all four leading US cash equities exchanges will segment retail order soon as Direct Edge plans to launch a retail order designation pilot for its EDGX exchange sometime in December, according to exchange officials. The new designation lets those submitting retail order use a yet-unreleased rate…