Well, VMA, Onload/ef_vi and Mellanox DPDK are the most common. Keep in mind userspace implies outside the kernel, so they're not technically...
@spy No one's disagreeing with you that there's no formal definition of "HFT". All I said is that my teammates worked at several of the firms...
I don't have any color on the SIPs' implementation. We've heard that they use a Solarflare kernel bypass stack for the latest iteration of it, but...
We mean it in the conventional sense: firms doing at least 2+% ADV in any given market. Roughly the top 30 firms in the US/Europe by trade frequency.
On most venues, order messages are sent over a TCP session while data messages are sent over UDP multicast. The trading participant can send or...
This is common verbiage for saying that you bypass the kernel's TCP/IP stack by using a userspace driver instead. This does significantly improve...
Also to eyeball it and make sure it's correct: data = client.timeseries.stream(dataset='GLBX.MDP3',...
Easy to do this with Databento: import databento as db import pandas as pd client = db.Historical(key='YOUR_API_KEY') data =...
Actually — usually, no. 1. The data belongs to the trading venue(s). It doesn't belong to the third party or broker(s). They themselves have to...
Usually the bars shouldn't print on tradeless intervals, and options trade very sparsely, so it should be slightly smaller when sampled at minute...
CTO: Cool, didn't hear about this before. I didn't demo this, but on a glance, I feel the main potential value-add here is not the all-in-one...
? It makes sense to acquire a BD or FCM, but taking over an investment fund and its manager to jumpstart the regulatory and setup process seems...
From our CTO: I've gone through this and handled tax and regulatory audits, plus Form ADV, blue sky filings etc. Most law firms will take on the...
Two institutional offerings we've seen for this include Redline Trading Solutions and Deltix. However we'd generally recommend you to build it...
You can try us: https://databento.com Currently about 3.5 years available from 2019 to 2022. We're extending this to 2017 by around the end of year.
Pretty much. Pages 70-72 have an example: https://www.sec.gov/rules/proposed/2022/34-96495.pdf The order goes through an auction process that...
Hey all, I'd like to draw your attention to three SEC proposals this week that will have significant impact on your order execution quality if...
Thank you so much. It's words like this that really get us going. I've shared your message with the team. Your pricing feedback is most helpful....
My bad, I should've been clearer. I'm referring to when the user obtains Firm Admin Dashboard access and then gets permitted by the FCM to create...
Do keep in mind that cost and latency can be competing optimizations. If you acquire an exchange membership or create a tag 50, you might suddenly...
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