Andrew Saks-McLeod
LeapRate Analyst
March 06, 2014 BY Andrew Saks-McLeod

International Latency Race Continues As Mercury Minerva Upgrades HFT System With 25% Performance Increase

As the world of HFT and algorithmic trading continues to up its game, Mercury Minerva's release of Gunslinger-HFT 2.0 Achieves 750ns Event-Detection-to-Trade Latency using Solarflare AOE with Altera Stratix FPGA As regulatory authorities in many jurisdictions which are home to major FX market participants continue to bear down on high frequency trading (HFT) and automated trading…

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March 05, 2014 BY Andrew Saks-McLeod

Forthcoming CFTC Roundtable Set For April 3 To Clarify Dodd-Frank Act End User Issues

CFTC set to hold roundtable including discussion panels on three commonly-requested topics surrounding the Dodd-Frank Act following requests for clarification by commercial end users 2013 was most certainly a year of regulatory wranglings, especially among the two North American authorities responsible for overseeing the electronic trading activity which takes place under its jurisdiction. In the…

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March 05, 2014 BY Andrew Saks-McLeod

ICE Announces Metrics For February 2014, Experiences 31% Protraction Year-on-Year

IntercontinentalExchange Group (ICE) has today announced its trading volumes for February 2014, with a significant downturn present when compared with the previous year Average daily volumes (ADV) for all global derivatives traded at ICE during February stood at 10.7 million contracts, representing a decrease of 9% comparative to the trading activity completed during February 2013.…

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March 05, 2014 BY Andrew Saks-McLeod

FCA prepares to launch dedicated payment services regulator to stimulate competition

Britain's financial markets regulatory authority set to introduce a dedicated service for overseeing payment systems by April 2015 The Financial Conduct Authority (FCA), Britain's official regulatory authority charged with the oversight of business ethics and consumer protection within the financial services industry has today announced that it intends to create an entirely new regulatory body…

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March 05, 2014 BY Andrew Saks-McLeod

smartTrade Technologies Appoints Ex-Informatica Senior Executive As Business Development Director

Lalit Nathwani joins institutional liquidity management systems and multi-asset dealing platform provider smartTrade Technology following eight year tenure at Informatica Institutional cross-asset liquidity management software company smartTrade Technologies has today announced the appointment of Lalit Nathwani, who will assume the position of Business Development Director. Mr. Nathwani joins smartTrade Technologies with substantial experience gained via a…

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