Features : Navigating the communications minefield: High performance connectivity for High Frequency FX trading
First Published in e-Forex Magazine January 2010
Joe Hilt
VP of Sales, North America, Hibernia AtlanticThe Capital Markets landscape consists of a complete multi-asset, multi-partnered and multi-regional infrastructure in order to be profitable in today's market conditions. Trading execution venues, their participants and technology vendors must now all be at the front of technology advancements. However, the need to be in as many markets and to communicate to as many clients and partners as possible has made connectivity to market access a "mine field" of obstacles. In the second in our series on high frequency FX trading, Joe Hilt, VP of Sales, North America, Hibernia Atlantic, outlines some of the key issues facing FX trading firms who are planning how best to link their trading infrastructures to trading venues and what lessons they can take from latency, networking and trading connectivity developments in other markets.
In the previous decade, the capital markets trading infrastructure looked very different. Trading floors existed on exchanges, where the buy and selling of stocks, bonds, options and futures were negotiated for best prices. Having a high performance communication system meant having extremely fast and legible note takers along with a few loud voices.
