CFN Services is a proud sponsor and participant of the  The Mankoff 2nd Annual Ultra Low Latency Panel Event: Trading Opportunities in FX and Other Asset Classes: High Frequency Trading, Algorithms & Best Execution.

We are pleased to announce that Sebastian Yoon, VP CFN Services Financial Services Practice, will be showcased on the panel discussion entitled: Build, Buy and Beyond: Selecting and Implementing the Best Tools to Achieve a Successful Multi-Asset Strategy in Trading

When: March 23, 2011 – 5:45pm – 9:00pm

Where: Grange Holborn Hotel
50:60 Southampton Row
London WC1B 4AR
T: 020 7242 1800

Overview:

Exchange consolidation. Co-location issues. Rate of connectivity and the search for ever lower latency. This environment the trader finds himself in, with the need for speed driving the latest innovations, and the government engaged in push-back, is challenging and one ripe for discussion. The application of algorithms in the high frequency space has been addressed in the equity market but what’s the next area of growth? What developments are occurring in FX, Options, Futures, Commodities and the other asset classes?

Agenda:

5:45 pm Registration

6:15 pm Panel I: Winning the Speed Game While Remaining Compliant: Regulations, Changes in the Markets and its Impact on Trading Across Asset Classes

7:00 pm Panel II: Build, Buy and Beyond: Selecting and Implementing the Best Tools to Achieve a Successful Multi Asset Strategy in Trading

Click here to Register Now

Herndon, VA – March 6, 2011 – CFN Services, a leading provider of managed high frequency trading infrastructure services, today announced that it has added optimized delivery of North American exchange feeds on its global low latency trading infrastructure platform which dramatically reduce latency between, and within, US and Canadian trading venues. This eliminates the need for clients to invest in low latency circuits and instead utilize CFN Managed Trading Infrastructure Platform to deliver their market data cost effectively and with leading low latency. The CFN Managed Trading Infrastructure Platform seamlessly integrates the CFN Financial Ecosystem, which provides clients with a wide range of complimentary market data, news, service and application providers. The CFN Financial Ecosystem is consistent with CFN’s policy of being vendor neutral to provide the best of class solutions.

CFN Low Latency Market Data Delivery is designed to provide best of breed solutions for each client and insure reliability, performance, and a lower overall operating cost by employing:

• Optimized Infrastructure – CFN maintains an evergreen structured technology refresh program which can quickly and seamlessly react to market demands and changes
• Resiliency – CFN practice is to maintain redundant connectivity to all data sources

• Flexible configurations – as business needs and trading strategies evolve services can be quickly modified to meet current requirements

• Lower cost of ownership – Fully managed solutions to include the market data, connec-tivity and managed hosting

• Scalability – CFN can support requirements ranging from a single server in a single location to an interconnected global deployment
• Support – from a 24×7 operations center to on-demand access to a pool of interdisciplinary talent throughout a client’s entire systems life cycle, from needs determination, evaluation, implementation, deployment, enhancements, and maintenance

Sebastian Yoon, CFN Vice President of Financial Services, states, “CFN Managed Trading Infrastructure is designed to optimize the trading process while controlling expenses for our clients. For example we are able to reduce delivery latency of CME, NYSE, BATs, and ARCA market data between Chicago and New York to 14.6 milliseconds, while streamlining expenses for clients by eliminating the need to run redundant individual data circuits.”

About CFN Services
CFN Services is a managed telecom infrastructure services company providing network services for the Enterprise, Public Sector, Carrier and Wireless Markets, specializing in ultra-low latency networking, middle mile and last mile optimization and mobile back haul. CFN Services leverages FiberSource®, a global knowledge-based platform that identifies all available dark and lit fiber, collocation, towers, structures and lit buildings; providing network design, planning, deployment, and managed services offerings. For more information http://www.cfnservices.com

Recently, there has been a lot of information distributed in the industry regarding latency in optical transport systems. This white paper takes an objective look at what really causes latency in transport systems and what to look for in a transport system designed for low latency. Download Now

CFN Services, a managed infrastructure services company providing ultra-low latency networking, network design, and managed services, has announced that it has selected Essex Radez as its North American market data partner.

As vendor-of-record for delivery of all North American exchange feeds through its Velocitick subsidiary, Essex Radez offers clients the ability to co-locate any number of servers at any of its five data centers: Equinix Secaucus, Savvis Weehawken, NASDAQ Carteret, Equinix Chicago, and CBOE Chicago. Additionally, through its private network, the firm provides execution connectivity to all major trading venues.  Read More

High frequency trading, at its core is a technical undertaking. Each firm entering this space must confront a series of tough questions. CFN Services, offers an Ultra-Low Latency Global Exchange Platform that allows you to utilize the services that you need to outsource, while still maintaining control of your full network and ecosystem infrastructure. For proximity hosting, connectivity, hardware, front-line trading software, post-trade processes and research tools, CFN can offer you as little or as much support and services as you require. Click here for a Technical Infrastructure Outline of the pieces to consider when setting up your high frequency trading platform. If you would like more information on how CFN Services can support your needs contact us today

At CFN Services, we were looking to expand the reach and services offered on our High Performance Low Latency Global Exchange Infrastructure. We were looking for a data center that would allow us to help market data providers deliver low latency news feeds to their financial services clients.

A component of the CFN High Performance Global Exchange is the ability for market data providers to have a single source solution for low latency global delivery of their news feeds.  Specifically, this data center selection process was the expansion of the CFN High Performance Low Latency Global Exchange Infrastructure initiative.  Read full story

CFN Services has lowered their latency from NY – Sao Paulo; Chicago – Sao Paulo and DC- Sao Paulo.Contact CFN Now: http://www.cfnservices.com/freetrial/startnow.html

Electronic Trading Reaches Maturity in Brazil, Says Exchange by Wall Street & Technology

(http://www.wallstreetandtech.com/exchanges/showArticle.jhtml;jsessionid=ZI0QJTYV31XW1QE1GHRSKH4ATMY32JVN?articleID=226700036)

CEP platforms are increasingly connecting to Brazil’s BM&FBovespa, which is now the sixth largest derivatives market in the world with growth of 67% in the first quarter of 2010.

The Brazilian market continues to see strong growth in electronic trading, with hedge funds and high frequency firms in Brazil increasingly deploying volatility and arbitrage strategies.

“We are coming to a stage of great maturity in our markets, after three years working hard to promote electronic trading. As a result of this maturity level, we see more and more CEP tools ready to connect to our markets,” Marcio Castro, IT officer of trading systems at BM&FBovespa, tells WS&T.

“We are increasing [our capacity] in terms of latency and throughput. We have collocation available for all BM&F Bovespa markets. Last year, we doubled our capacity for the equities business,” he noted.

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The Brazilian exchange is also working on a project with CME Group to build a new matching engine for Bovespa, Castro said.

Castro’s comments follow the announcement that Streambase’s Complex Event Processing (CEP) platform has been extended to connect to BM&FBOVESPA, Brazil’s derivatives and equities exchange and one of the world’s largest exchanges in market value.

This will allow StreamBase to provide algo trading firms with low-latency connectivity to the Brazilian exchange, enabling them to trade on an extensive range of Brazilian products and hedge their risk across international markets, according to BM&FBovespa.

Trading volumes on Bovespa, the cash exchange, and the BM&F derivatives exchange in have grown ten-fold in the last 10 years, while the stock exchange value has gone up four times, says Martin Koopman, an independent analyst to the securities industry who recently wrote a TABB Group report entitled “Latin American Electronic Trading: Caliente!”

In his report, Koopman noted that BM&FBOVESPA is now the sixth largest derivatives market in the world with growth of 67% in the first quarter of 2010.

“I found that locals are trading more,” he says. “You have a blend of institutions, a growing number of hedge funds and quite a sophisticated group of broker dealers. But now there is a lot of international interest in the [Brazilian] market too. Hedge funds are looking at it, high frequency firms in Brazil are deploying volatility and arbitrage strategies. You can collocate at both Bovespa and BM&F today. There’s low latency data available from the exchanges. So broker dealers and hedge funds are using low latency strategies. It’s a very exciting time,” he adds.

“Brazil is an interesting market,” Richard Tibbetts, CTO of Streambase, agrees. “There are parallels with the Canadian market and how its equity market has matured.”

Last week, StreamBase also announced a partnership with Sao Paulo, Brazil-based Alphastream, a provider of professional services and tools to building next- generation electronic trading systems.

Hamilton Araujo, managing director of Alphastream commented that StreamBase’s visual development environment would allow the company to work with customers – both business analysts and developers – to create “sophisticated strategies with an event-driven trading infrastructure.”

These days trading floors may have disappeared, but the prize still goes to the swift and nimble in the market. And as electronic trading has taken hold, firms with the fastest network and performance across all of the links in the trading chain will be at the head of the queue, able to react speedily to changing market conditions. Once measured in seconds, latency is now calculated in microseconds, and as markets continue to be volatile, speed of thought and execution remain paramount for many firms., Vijay Kedia Flextrade Systems – Read More

Highlights of the Tabb Group – 2010 Market Structure Panel. Interest in high-frequency trading is at an all-time high, but profit-taking from high-frequency trading strategies focused on low latency is getting tougher.
“The window of opportunity to get into high-frequency trading is almost closed,” said Mark Casey, president of CFN Services, a network provider. He defined high-frequency trading as strategies whose underpinning is low-latency order placement and execution.
“If you’re competing primarily on latency, it’s very, very, very, very difficult,” added Nigel Faulkner, chief technology officer for the equities technology group at Goldman Sachs. More