Tag «Chicago»

Comparing next generation market data management platforms

A panel of experts discussing next generation market data management platforms at The Trading Show Chicago 2014

Comparing next generation market data management platforms: social media, tick data, and feeds – what does the buy-side need next? Moderator: Patrick Flannery, Co-Founder & CEO, Maystreet Louis Lovas, Director, OneMarketData David Greenfield, Director, Gnip Tommi Vuorenmaa, President, Triangle Intelligence Louis Lovas is the Director of Solutions at OneMarketData where his responsibilities include strategic business …

Extending the #low-latency race from underground to the air

Traditionally, high frequency traders seeking the fastest connections between markets have looked to fiber-optic networks. It’s been a largely successful endeavour. Latency between the markets of Chicago and New York has been cut as low as 13.3 milliseconds. But now, microwave radio technology is the uprising new star in the low-latency arena because traders are …

#ICE to challenge #CME dominance of some core #agricultural products

IntercontinentalExchange Inc. plans to offer futures and options in U.S. grains and oilseeds, which will be settled on a cash basis linked to prices from the rival Chicago Board of Trade, owned by CME Group Inc. The products ICE plans to launch are options and futures on corn, wheat, soybeans, soybean meal and soybean oil, …

The battle for the future(s): NYC vs. Chicago

    The two quant/HFT juggernauts of the US are hitting the news with a classic rival-type scenario.  As Financial Times reported NYSE Euronext is doing its best to gain clearing houses in its interest-rate futures market. This realm has long been dominated by the CME Group, but NYSE is stepping into this territory and …

60 Minutes airs updated HFT piece

Last fall the accolade-laden news program 60 Minutes aired a story on HFT, bringing to the public a general understanding of this practice sweeping Wall Street and Chicago.  This month they decided to air it again, with some slightly updated information. Surprisingly, it was more or less the same exact news story; there were no …