Solutions
Pico, a provider of mission critical technology, data and analytic services for the financial markets community, has introduced ultra-low latency venue connectivity.
Pico’s ultra-low latency solution supports clients with latency-sensitive trading strategies requiring highly accurate views of the market and faster execution times. Utilising high-performance Layer 1 switching technology, Pico can now achieve one-way market data latency of 5-87ns and round-trip latency of 140ns for order entry (an 80 per cent reduction from standard Layer 3 access).
This new Layer 1 offering is supported by Pico’s global engineering expertise and instrumented with its best-in-class Corvil Analytics, assuring operational performance, transparency,
The “explosive” upward price movements in energy markets are helping power performance among machine-based hedge funds this year, as CTAs and trend-following strategies successfully lock onto strong price signals.
AxeTrading, a fixed income trading software company, has demonstrated the integration of ICE’s pricing, analytics and market data into the AxeTrader Quoting and Execution Management System (QEMS).
Users of the AxeTrader QEMS will be able to access ICE’s pricing and analytics tools, including end-of-day evaluated pricing, continuous fixed income evaluated pricing, best execution services and ICE Liquidity Indicators™.
As the electronification of fixed income markets continues to accelerate, traders and other investment professionals are demanding solutions that help them make more informed and efficient decisions. The AxeTrader QEMS provides dealer-grade pricing through a user configurable quoting engine, manages RFQs,
Transaction Network Services (TNS) is expanding its Managed Hosting solution to enable firms wanting to co-locate and directly access the Euronext exchange matching engine to seamlessly move trading operations from Basildon to Bergamo.
Euronext is planning to migrate its primary datacentre and related colocation services to the Aruba Global Datacentre IT3 in Bergamo, Italy in Q2, 2022, with TNS securing infrastructure capacity in the new site. As with TNS’ other global colocation sites, TNS will leverage its Layer 1 switching solution to deliver ultra-low latency mutualised market access while also deploying the lowest latency network connectivity to bring Bergamo onto
BlockFills, a global cryptocurrency and digital asset technology company, has launched Phoenix, a SaaS crypto interface designed for institutional clients to access the company’s proprietary cryptocurrency trading technology and liquidity.
Digital asset investment products saw inflows of USD90 million last week, marking the seventh consecutive week of inflows totalling USD411 million, according to the latest CoinShares Digital Asset Fund Flows Weekly report.
Bitcoin saw inflows of USD69 million last week. We believe this decisive turnaround in sentiment is due to growing confidence in the asset class amongst investors.
Ether saw another week of inflows totalling USD20 million although it has conceded market share to Bitcoin in recent weeks, having fallen from a peak of 28 per cent to 25 per cent.
Despite improving inflows across investment products, volumes remain low
The European Energy Exchange (EEX) has introduced its gas contracts on Trading Hub Europe (THE), the new nationwide German gas market area. A total of 5.5 TWh were traded the first day in both Spot and Futures markets.
The two gas market areas GASPOOL (GPL) and NetConnect Germany (NCG) merged into the new all-German market area Trading Hub Europe (THE) on 1 October 2021. EEX now offers both Financial Gas Futures (EGSI Futures) and Physical Gas Futures for the new THE market area. On the THE spot market, trading participants will additionally be able to trade 13 new zonal gas
Bitfinex Derivatives a derivatives platform accessible through Bitfinex, a state-of-the-art digital token trading platform, has launched perpetual contracts for Aave (AAVEF0:USTF0), Fantom (FTMF0:USTF0), Elrond (EGLDF0:USTF0) and Polygon (MATICF0:USTF0).
AAVEF0:USTF0, FTMF0:USTF0, EGLDF0:USTF0 and MATICF0:USTF0 will go live on 30/09/21 at 12:00 PM CET. The contracts offer users up to 100x leverage and will be settled in Tether tokens (USDt).
“We’re delighted to announce the addition of Aave, Fantom, Elrond and Polygon to the growing portfolio of perpetual swaps available to trade on the exchange,” says Paolo Ardoino, CTO at Bitfinex Derivatives. “We anticipate great interest in these products, particularly among funds
Hedge funds’ confidence continues to rise, with managers across the UK, Europe and Asia all bullish on their business prospects heading into the final quarter of the year, a key industry sentiment index shows.
Trading signals provider Signal Centre has launched Signal Stream a new platform to better support traders through the ‘noise paralysis’ of inaccurate and confused signal reporting.
As an FCA approved and regulated firm, Signal Centre, which applies technical analysis to a range of indices, currencies and commodities to empower brokers to access high quality, rich data signal insights, overhauled its platform to maximise the trader’s user experience and also their engagement.
Signal Centre believes it is demonstrating best practice within the industry. In the most recent feedback from Signal Centre clients over 80 per cent of traders preferred to engage
