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Soon it will launch its "fat pipe": a feed of raw market data that hooks up to the back office of a bank to update its trading applications.
W-Trade currently provides trading applications to Dreyfus Brokerage Services a subsidiary of Mellon Financial mel –as well as 11 smaller discount brokers.
For example, software that runs MRI machines, software that runs critical power infrastructure/grid, software used in high frequency trading applications and stock exchanges, etc".
"I'm not going to put high-volume, mission-critical trading applications on Sun boxes until they prove they can handle it,"says David Dibble, a senior vice president at Schwab.
In "Reordering Transaction Execution to Boost High Frequency Trading Applications," authors propose a pipeline-aware reordered execution to improve application performance by rearranging statements in order of their degrees of contention.
The important stuff will stay on mainframes and big Unix servers from IBM. "I'm not going to put high-volume, mission-critical trading applications on Sun boxes until they prove they can handle it," says David Dibble, a senior vice president at Schwab.
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In this paper we describe the syntax and semantics of the STRIP rule system, present an example set of rules to maintain stock index and theoretical option prices in a program trading application, and report the results of experiments performed on the running system.
While Aether owns the wireless stock trading application, the brokerage customer owns the user interface, the front-end branded aspect of the service.
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