More bond trading will switch to electronic platforms this year, as impending financial regulation and the extraordinary interest-rate environment continue to drive the biggest upheaval in the fixed-income market?s 60-year existence. To what extent this technology on its own can establish a template for the future, however, is not so certain. Andrew Cavenagh reports.
Chicago-based market data feed specialist xCelor is getting set to release ticker plant and pre-trade risk functionality running on Arista Networks' 7124FX Application Switch. The switch combines a Stratix V FPGA from Altera with a network switch for data processing as close to the network as one can get.