Not only does everyone on Wall Street need faster servers, but they need them to also take up less space and less power. No small order. This story discusses where “exchange in a box” is feasible. The amount of market data is growing at the rate of 100 percent … every year, notes Kevin McPartland, […]
Tag: high frequency trading
Information Management – Getting the Message: Middleware Matters
In a study released earlier this month, “U.S. Equity Technology 2010: The Sell Side Perspective,” Tabb Group senior analyst Kevin McPartland noted that all bulge bracket firms are “currently either using some form of hardware acceleration or are investigating its use.” “Third-party middleware products have reached a level of sophistication that the cost required to […]
Wall Street Letter – Equities Trading Industry Tackles Latency Measurement
The demand for a latency standard has increased with the rise in high-frequency trading, higher trading volumes and more volatility. Latency has been reduced in some cases to microseconds, which makes measurement difficult, said Kevin McPartland, an analyst with the TABB Group. The recent proliferation of data types means that a trader must use multiple […]
SIN – Budgeting for Latency: If I Shave a Microsecond, Will I See a 10X Profit?
The trick is to make sure the money being spent to remove delays will be more than reimbursed by the profits achieved in the trading strategy that is improved by it, says Kevin McPartland, senior analyst at Tabb Group. “If I’m spending $1M to get one microsecond faster, will I make ten times what I […]
Trader's – High-Frequency Trading Is a Tough Game
The cost of the technology and infrastucture needed to support high-frequency trading is “tens of millions of dollars” per year, according to Kevin McPartland, a senior analyst at financial services research firm TABB Group. He moderated a panel sponsored by TABB Group and Switch and Data, a data center operator, last Thursday. This article is […]
Waters – All Hail Innovation: Defending high-frequency trading
It used to be the market-makers and specialists who took the brunt of broker complaints that prices were fixed and the market was inefficient. Now, most of them are gone, so high-frequency trading firms are in the spotlight. Making markets is about gathering information quickly and making decisions based on that information faster than the […]