Tag Archives: lower latency

MIT Startup: Develop smarter lower latency HFT hedge fund

MIT Startup: Develop smarter lower latency HFT system

Over the last few years there has been a crazy amount of start up millionaires but that seems to have died off suddenly. While I was on YouTube, I came across an MIT (Massachusetts Institute of Technology) start up that focuses on being a high-frequency trading hedge fund.

Check out the videos here

To be fair, this entrepreneur only wants to focus on the good components of HFT. I applaud her for that instead of being some typical dark pool hogging market maker.

Also you should note on their website (http://domeyard.com/careers) all of their C++ job positions which leads me to ….

C++ Demo of spot future differential and future pricing spread

Or the last week, I have posted on my YouTube channel some typical demonstrations of trading strategy library development focusing on futures. As I have described in a past video, I’ve decided to segregate my C++ code from the trading logic and trading mechanics via a library. Here is another video to show an example of that.

 See that video here

As you may not know, this is going to be part of my Phase 2 trading strategy focusing on both futures and options using simple fundamental analysis. Hey it works!

As for my Phase 1, this focuses on arbitrage/pair trading for any global stock that is tracked by Yahoo Finance. Not only that, this will work for any major global region as well as on any equity including indices, mutual funds, and even popular ETFs. It does all equities and can work wonders. For those that don’t know, I have source code, video walk-throughs and most of all live lectures every Tuesday night. All good things must come to an end, so the strategy code will be pulled off of my website coming the week of July 12! This is something you cannot leave last minute otherwise you will not have the time to consume it so I put out the warnings now. In actual fact, I’ll be reminding everybody on this newsletter pretty well daily. It’s crucial you don’t miss out. When I say it vanishes,  it is gone for good!

What are you sitting there for? Get on this now!

This is all part of my algorithm training course series I started up in February.

Get the details here on that

Here are your pricing options:

MONTHLY: $97/MONTH: Click here

6 BONUS MONTH FREE Annual: Click here

BIGGEST SAVINGS with 24 BONUS months: Click here

Thanks Bryan

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

MIT Startup: Develop smarter lower latency HFT system

MIT Startup: Develop smarter lower latency HFT system

Here is a recent grad do-gooder

Join my FREE newsletter to learn more about this startup with these videos

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Lower latency for transatlantic transactions The £300m cable that will save traders milliseconds

Lower latency for transatlantic transactions

 

The £300m cable that will save traders millisecondstelegraph.co.uk

In the high-speed world of automated financial trading, milliseconds matter. So much so, in fact, that a saving of just six milliseconds in transmission time is all that is required to justify the laying of the first

 

If anyone wants more details on Hibernia’s new cable – Please feel free to contact me directly.

 

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Presently CFN Services is offering the lowest latency transatlantic with latencies starting at 65.0ms. We also are able to offer diversity both equipment and/or connectivity, so ensure that not only do yo have the lowest latency, but have a backup to ensure it is always available.

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busy couple of days for us, we were also featured on the BBC Radio 4 program Today,

Project express spoken about on Radio 4 Today program, http://tinyurl.com/5t6oblb, 23mins in

 

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

HFT: Why tuned Java might have lower latency than C++ for quant development??

HFT: Why tuned Java might have lower latency than C++ for quant development??

If you have a typical Java programmer and typical C++ programmer, each with a few years experience writing a typical Object Oriented Program, and you give them the same amount of time, the Java programmer is likely to have a working program earlier and will have more time to tweak the application.  In this situation it is likely the Java application will be faster. IMHO.

In my experience, Java performs better at C++ at detecting code which doesn’t need to be done. esp micro-benchmarks which don’t do anything useful. ;) If you tune Java and C++ as far as they can go given any amount of expertise and time, the C++ program will be faster.  However, given limited resources and in changing environment a dynamic language will out perform. i.e. in real world applications.

In the equities space latency you need latencies sub-10 us to be seriously high frequency. Java and even standard OOP C++ on commodity hardware is not an option. You need C or a cut down version of C++ and specialist hardware like FPGAs, GPUs.

In FX, high frequency means a latencies of sub-100 us.  In this space C++ or a cut down Java (low GC) with kernel bypass network adapter is an option. In this space, using one language or another will have pluses and minuses.  Personally, I think Java gives more flexibility as the exchanges are constantly changing, assuming you believe you can use IT for competitive advantage.

In many cases, when people talk about high frequency, esp Banks, they are talking sub 1 ms or single digit ms.  In this space, I would say the flexibility/dynamic programming of Java, Scala or C# etc would give you time to market, maintainability and reliability advantages over C/C++ or FPGA.

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Peter Lawrey
twitter.com/PeterLawrey

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!