BT Radianz: Trading Faster than a Hyperdrive

摘要

Speed is the cornerstone of the financial markets. The difference between the success and failure of a trading strategy can be a matter of milliseconds. As a result, algorithmic and alternative trading strategies have become highly dependent on execution speed. Today, brokers and investment managers are turning to Direct Market Access (DMA) solutions to meet low latency market demands. In fact, research by Tower Group predicts that by 2006, DMA will represent 38 percent of shares traded in the United States, with Europe following about 13 to 15 months behind.