Featured White Papers
Case Study: Accelerating Back Testing of Algorithmic Trading Strategies
Algorithmic trading has become ever more popular in recent years – accounting for approximately half of all European and American stock trades placed in 2012. The trading strategies need to be back-tested regularly using historical market data for calibration and to check the expected return and risk. This is a computationally demanding process that can take hours to complete. However, back-testing the strategies frequently intra-day can significantly increase the profits for the trading institution.
Beyond Latency in the Moscow Markets
Russia’s central financial marketplace has evolved so rapidly that it is now primed to become a key international hub, and the finance organisations able to anticipate and quickly adapt to this fast-changing environment will clearly emerge as market leaders. This whitepaper discusses the current state of Russia’s electronic financial markets, and addresses the issues that need to be understood regarding infrastructure and connectivity challenges in Moscow.
Java Without the Jitter – Achieving Ultra-Low Latency
Modern messaging, trading, and reporting systems require extremely low latencies, in the range of a few milliseconds, to meet customer expectations and strict service level agreements. This paper describes how to use new JVM technology to achieve maximum platform latencies of 1-2 milliseconds with very little tuning effort.
In Search of Data Durability and High Performance
In-memory database systems eliminate much of the performance latency associated with traditional on-disk database management systems, but some applications require a higher level of data durability. As a solution, IMDSs offer transaction logging, in which changes to the database are recorded on persistent media. But critics object that logging re-introduces the storage-related latency that builds slowness into on-disk DBMSs. Will an IMDS with transaction logging outperform a traditional DBMS? Will type of storage – hard disk drive vs. SSD vs. state-of-the-art memory-tier device – affect any performance difference?
Implementing High Precision Timekeeping for Network Analysis
Time-stamping and time synchronization is now required knowledge for developers of high performance network monitoring and analysis appliances. This white paper introduces the key fundamentals with a review of technology choices and testing scenarios.
Precise Sub-Microsecond Timing Solution Delivered for High Frequency Trading
This Case Study provides details of how Spectracom helped a HFT infrastructure firm improve the quality of its time synchronization, enabling the firm to easily distribute time to multiple networks simultaneously and achieve sub-microsecond synchronization.
Delivering Sub-Microsecond Accurate Time to Linux Applications Around the World
This white paper from Symmetricom explores the challenges in delivering sub-microsecond accurate time to a Linux program, and presents IEEE 1588 Precise Time Protocol (PTP) solutions and test data showing how to overcome those challenges.
Packet Processors Offer Performance and Flexibility for Low-Latency HFT Applications
Off-the-shelf multi-core packet processors with corresponding software provide tremendous programming flexibility for quick compliance with changes to government regulations and market events not achievable with traditional FPGA-based solutions.
RF Considerations in High Frequency Trading Architectures
Many financial trading firms have recently discovered wireless as an excellent transmission medium for executing their critical trades at extremely low latency compared to their fiber connections. Some firms are actively installing wireless networks but will they see the promised latency results they are expecting? At NeXXCom Wireless we look at the network holistically meaning, not just the latency through the RF channel. Our recently released white paper explores all the considerations that should be evaluated when selecting the proper RF technology platform and provider in order to avoid hidden or unplanned latencies.
ESMA Position Paper on HFT (October 2011) [ESMA] (Visit resource)
HFT Review 17 November 2011
Expert Interviews
HFT Practitioners
- Adam Afshar, Hyde Park Global Investments
- Raj Fernando & Leslie Sutphen, Chopper Trading
- Mark Gorton, Tower Research Capital
- Peter Green, Kyte Group
- Walter Hendriks, ABR Financial
- Remco Lenterman, IMC Financial Markets
- Will Mechem, Pan Alpha Trading
- Peter Nabicht, Allston Trading
- Manoj Narang, Tradeworx
Buy Side/Hedge Funds
Sell Side/Brokers/Banks
Exchanges/Clearing Houses
Regulators/Politicians
Insdustry Bodies/Organisations
Academics
Vendors
- Chad Attlesey & Chris Butler, Hardcore Computer & Supermicro
- Charles Barry, Juniper Networks
- Dan Joe Barry, Napatech
- Gordon Bloor, Morningstar
- Yves Charles, NovaSparks
- Matt Dangerfield, Fixnetix
- Arnaud Derasse & Laurent de Barry, Enyx
- Mohammad Darwish, AdvancedIO
- Stephane Hauradou, PLDA/Accelize
- Yaron Haviv, Mellanox
- Marcus Hooper, Pipeline
- Hugh Hughes & Bob Fuller, Fixnetix
- Eric Scott Hunsader, Nanex
- Alastair Kane, Level 3
- Stephane Leroy, Quant House
- Louis Lovas, OneMarketData
- John Peach, Arista Networks
- Paul Rushton, Korusys
- Scott Sellers, Azul Systems
- Mo Takhim, Ullink
- Steve Wilcockson, Mathworks