On 2/27/11 11:55 AM, "Keegan Holley" <keegan.hol...@sungard.com> wrote:
>On Fri, Feb 25, 2011 at 8:42 AM, Saku Ytti <s...@ytti.fi> wrote: > >> On (2011-02-24 17:15 -0800), Joel Jaeggli wrote: >> >> > that activity can be simple as front-running large orders (which take >> > longer to fill) with small ones, an elaborate algorithm is not >> > necessarily a requirement. I'm kind of down on the market utility of >> > such activity but it's not presently illegal. >> >> I suppose it still may be somewhat more complex task than my trading >> software, in terms of how many instructions it needs from CPU, and thus >> necessarily higher latency, as it is competing with other stuff, for >> example kernel house-keeping. >> >> Are these software being ran in regular PC, or has someone tapped this >> market and is producing FPGA based fixed delay trading solutions at >> nanoseconds jitter scale? >> I wonder how much jitter in normal PC could be reduced for running >> simplistic software, even with esoteric stabbing of the kernel, sub 1ms >> jitter on software solution seems unachievable. >> > >An FPGA based trading solution would be interesting and probably very >profitable if it worked. The bigest problem would probably be the cost of >the platform withmultiple multi-core proc's and FPGA's vs. how much you'd >really end up doing in silicon. The FPGA would be great to do the same >trades over and over. However, if the software has to use other values to >figure out what action to take and then program the FPGA on the fly I >would >assume everything but the network operation would be slower. I suppose >you >could separate the repetitive actions and use ASICS. All in all it sounds >like a fun project though. Take a look at Activ. http://www.activfinancial.com/ They offer an FPGA designed just for crunching the raw data that comes in from the various exchanges and outputs it in a normalized format that has its own API. There are others that also play in this space, like Exegy http://www.exegy.com/, who uses an Infiniband-based approach. The boxes that run the algorithms also can make use of FPGAs and GPUs for crunching data. This stuff is very interesting to watch unfold. >_______________________________________________ >juniper-nsp mailing list juniper-nsp@puck.nether.net >https://puck.nether.net/mailman/listinfo/juniper-nsp _______________________________________________ juniper-nsp mailing list juniper-nsp@puck.nether.net https://puck.nether.net/mailman/listinfo/juniper-nsp
