Alpha Alliance™ Enables Trading Services Firms to Collaborate and Deliver Industry-Leading Solutions for the Global Financial Markets

Herndon, VA (PRWeb).  July 27, 2011 — CFN Services, Inc., the leading provider of managed high-frequency trading enablement services, today announced the Alpha Alliance™, an innovative network of trading services firms delivering fully integrated and customizable solutions for the global electronic trading market.  The Alpha Alliance brings together best-of-breed trading technologies, applications, and services across the full trading life cycle, from analysis and decision-making, to risk management, execution, and settlement of the trade.

Alliance partners deploy their solutions on CFN ’s Alpha Platform™, a low latency trading infrastructure offering the highest performance for market data delivery and trade execution worldwide.  Technology partners rapidly deploy their applications and services on a proximity hosted platform as part of a comprehensive solution, improving application delivery performance while lowering costs and expanding access to new markets.

Alpha Alliance partners collaborate to develop full service enhanced, customized solutions that best advance the unique trading strategies of their clients. With access to the technical capabilities and market-specific expertise within the Alpha Alliance network, clients and business partners interact in completely new ways.  Trading firms ultimately benefit from having access to the market-leading solutions necessary to remain competitive in today’s rapidly evolving financial markets.

“CFN is very excited to play a pivotal role in taking automated trading solutions to the next level,” said Mark Casey, President of CFN Services. “Bringing the best technology, product and service firms together on one platform enables next-generation trading solutions capable of fully leveraging the rapid growth in global electronic trading. Alpha Alliance members are setting the standard for high performance trading.”

To find out now how Alpha Alliance can bring your trading solutions to the next level

About CFN Services in the Global Financial Markets
CFN Services is a leading provider of managed high-frequency trading enablement services, providing solutions that accelerate market data delivery and trade execution for some of the most sophisticated financial markets participants worldwide. CFN Services operates the low-latency  Alpha Platform™, a high performance low latency global infrastructure that accelerates trading performance for automated traders across key liquidity venues in the equities, options, futures, derivatives, and FX markets. CFN is the sponsor of the Alpha Alliance which is setting the standard for next generation infrastructure and providing leading edge trading solutions. For more information visit CFN Services website

About CFN Services

CFN Services provides high performance network and application delivery solutions for real-time, mission critical applications. Leveraging FiberSource^®, a global network optimization platform, CFN Services builds low-latency private cloud solutions to solve the performance challenges of latency and jitter in distributed IT environments. Whether the application and data are dispersed across town or around the globe, CFN Services deploys turnkey solutions within and between public and private data centers in North and South America, Europe, and Asia. For more information: http://www.cfnservices.com

Press Contacts:

Judy Misbin-May, CFN Services

+1-703-788-6633

judy.misbin-may@cfnservices.com

High Performance Private Cloud Platform Accelerates Market Data Delivery and Trade Execution Across Major Asset Classes and Liquidity Venues Worldwide

Herndon, VA (PRWeb). — June 14, 2011 — CFN Services, a leading provider of managed high-frequency trading enablement services, today announced the Alpha Platform™, a global high performance private cloud for automated trading. This low-latency market data and application delivery platform improves automated trading performance across key liquidity venues in the equities, options, futures, derivatives, and FX markets. It is a flexible and customizable platform that seamlessly integrates delivery of low latency market and event data with best-of-breed trading applications, all proximity hosted within the liquidity venues to accelerate trading performance.

The infrastructure that forms the foundation of the Alpha Platform™ provides ultra-low-latency market data delivery and trade execution for some of the world’s most sophisticated high-frequency trading firms. Trading application vendors can now leverage this same infrastructure to jumpstart low-latency global delivery of their solutions, while trading firms can rapidly deploy these applications in a high performance environment to capture more Alpha and increased trading profits. Read More

Companies’ first deployment is designed to enable Canadian website tracking aggregated market-data messages across North American exchanges

Herndon, VA (PRWeb). — June 16, 2011 — CFN Services, the leading provider of managed high-frequency trading enablement services, today announced that Exegy, the market leader in high-performance ticker plants, has selected the Alpha Platform™ to deploy the ultra-low-latency, hardware-accelerated Exegy Ticker Plant.

With unmatched throughput and ultra-low latency, the Exegy Ticker Plant processes and enriches data for the world’s leading collocated trading operations. A single Exegy Ticker Plant provides all the updates for www.MarketDataPeaks.com, the first public website that provides a minute-by-minute account of the aggregated volume of market-data messages across major North American exchanges.

“The Alpha Platform™ provides an ideal infrastructure for the Exegy Ticker Plant offering,” said Jeff Wells, Vice President of Product Marketing, Exegy. “Our first deployment with CFN Services will be at the Toronto data center where we plan to create a MarketDataPeaks website for Canada.”

The infrastructure that forms the foundation of the Alpha Platform™ provides ultra-low-latency market data delivery and trade execution for some of the world’s most sophisticated high-frequency trading firms. Trading application vendors can now leverage this same infrastructure to jumpstart low-latency global delivery of their solutions, while trading firms can rapidly deploy these applications in a high performance environment to capture more Alpha and increased trading profits.

“CFN Services has launched a premier platform for seamless integration of low-latency market and event data with high-performance trading applications,” said Sebastian Yoon, CFN Services’ Vice President of Financial Services. “We’re excited about bringing Exegy’s ticker plant technology to the Alpha Platform™, further expanding the market leading solutions it integrates across key liquidity venues worldwide.”

About Exegy Exegy provides ultra-high performance hardware-accelerated market data appliances (www.exegy.com/tickerplant) that efficiently process and enrich market data for the world’s leading financial organizations. Exegy’s unique market data products respond to financial organizations’ growing demands for low latency, reduced cost of ownership, and flexibility. Exegy’s products are compatible with leading operating systems and interconnects. For more information, please visit www.exegy.com.

About CFN Services in the Global Financial Markets CFN Services is a leading provider of managed high-frequency trading enablement services, providing solutions that accelerate market data delivery and trade execution for some of the most sophisticated financial markets participants worldwide. CFN Services operates the low-latency Alpha Platform™, a high performance global cloud that accelerates trading performance for automated traders across key liquidity venues in the equities, options, futures, derivatives, and FX markets.

About CFN Services CFN Services provides high performance network and application delivery solutions for real-time, mission critical applications. Leveraging FiberSource^®, a global network optimization platform, CFN Services builds low-latency private cloud solutions to solve the performance challenges of latency and jitter in distributed IT environments. Whether the application and data are dispersed across town or around the globe, CFN Services deploys turnkey solutions within and between public and private data centers in North and South America, Europe, and Asia.

Press Contacts:

CFN Services

Judy Misbin-May

+1-703-788-6633

judy.misbin-may@cfnservices.com

Exegy

Jeff Wells

+1-314-218-3626

jwells@exegy.com

Use Case: Fully Managed Trading Infrastructure

Author: Judy Misbin-May

As lead traders in large corporate investment firms and banks begin look for more control over their future, many are taking the leap to start their own Proprietary Trading Firms.  One such newly formed High Frequency Trading firm, came to CFN Services with a challenge. Their goal was to be up and trading real-time within a 30 day window. They had been working with many vendors to integrate a comprehensive solution that would optimize the trading ecosystem from pre-to-post trade execution.  As they dealt with contracts, vendors and many headaches, they requested of CFN to make this process easier so they could focus on their goals and profitability for their multi-asset trading strategy

Solution:

CFN FAST Platform (Financial Application Services Trading Platform) provided the value to this firm that they required, yet the flexibility and control they insisted on. Through the module approach offered by CFN Services, the trading firm was able to pick and choose the areas they wanted to keep in house and areas they wanted to outsource. They did not need to question their buying decisions as CFN is host/carrier neutral picking the best solution for each specific client. CFN also gave them peace of mind by providing the firm a few solutions with the pros and cons of each clearly articulated. The trading firm also did not want to lock up cash in their trading platform, and with CFN Services was able to implement their full solution with little capital outlay.

Outcome:

Utilizing CFN expertise and suite of products, this firm was able to greatly reduce the volume of partners and vendors they needed to negotiate and sign contracts with.  This alone provided them the ability to free up to 25 hours a week of the pre-start up time to focus on the core area of the business.  The goal to be up and trading within 30 days was accomplished, without divulging proprietary information. The trading firm acknowledged that CFN helped accelerate the development cycle and allowed them to strengthen their place in the market.

To inquire about options for your firm click here

Article Source: http://www.articlesbase.com/currency-trading-articles/use-case-fully-managed-trading-infrastructure-4326531.html

About the Author

Available Now: 2010 Trading Beyond the Horizon

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In 2010, financial markets participants will continue to expand their trading activities as liquidity increasingly becomes fragmented, seeking alpha in new markets, best execution in dark pools, arbitrage opportunities across the order book and by implementing high frequency and complex, multi-leg, cross asset class strategies.

The successful operations – whether they be the proprietary desks of traditional broker/dealers, specialist high frequency and algorithmic traders, or quantitative hedge funds –  will leverage a trading infrastructure that combines high performance analytical, algorithmic and order routing platforms with the lowest latency access to multiple, geographically dispersed execution venues.

Multi-market trading – leveraging a fragmented market landscape – introduces new challenges, even for trading firms that have mastered the complexities of low-latency execution using approaches such as co-location and proximity.  Those mechanisms, while still relevant, provide a less complete solution when trading across markets that are geographically dispersed.

New entrants into the market for connectivity and proximity services include organizations that are themselves market participants, such as sell-side firms offering sponsored access and DMA, and liquidity venues, which are now providing global order routing networks, in some cases channelling order flow to their competitors.

Those service providers join traditional players including telcos, hosting companies and value-added extranet vendors, who often bundle trading applications with connectivity.

The bottom line: For multi-market trading, optimization of long-haul and metro communications links, combined with smart use of co-location, is an imperative for achieving the lowest latency, and this requires an understanding of connectivity offerings at a deep, granular level.

This  industry briefing explains the drivers for fragmentation and multi-market trading, the evolving landscape of market access, and explores connectivity approaches to minimize latency.

Sao Paulo is the HOT, NEW destination for the trade execution success in 2010! CFN Services offers the lowest latency exchange connectivity to BM&FBOVESPA.  From event to execution every millisecond matters; knowing that the connectivity is completely optimized provides your firm a competitive edge. Capacity is Limited, so call now for your Low Latency Guarantee.  While you are thinking about it, why not ask about our other locations: London, Toronto, Frankfurt, New York, Chicago, Tokyo, Korea and Singapore. For more info saopaulo@cfnservices.com

Mark Casey, President of CFN Services, will be discussing the ability to mitigate risk from your low latency connectivity strategy utilizing a solution that alleviates dependency on single source providers and provides an integrated hosting and connectivity strategy.  Mark brings his experience from his over year 20year history  in telecommunication networks having worked at such companies at AT&T, MCI and CSX Fiber Networks. Mark Casey was the managing director of CSX Fiber Networks and spearheaded the spin off of CSX Fiber Network  to form what is now CFN Services.  CFN Services also acquired the proprietary asset FiberSource® which is a knowledge-based platform delivering access to over 550 carrier networks globally including more than 100 submarine systems; providing direct visibility into all available dark and lit fiber options, collocation facilities, and metro fiber rings for optimal deployment to any global financial center worldwide. This experience and tool set provides Mark the ability to have a deep understanding and knowledge required for an Global Connectivity Exchange Solutions.

Event Name: Switch and Data Presents: Financial Market Structure: Panel Event

Event Date: 11/19/2009 – 11/19/2009

Event Location: Helmsley Hotel, 212 East 42nd Street, NY, NY 10017

Panelist:

Host:
John Panzica, Vice President, Financial Services Practice, Switch and Data

Moderator
Kevin McPartland, Senior Analyst, TABB Group

Panelists
Nigel Faulkner, Managing Director, CTO Equities Trading, Goldman Sachs
George Hessler, Executive Vice President, Lime Brokerage
William Warner Director, Sales Engineering, Reliance Globalcom
Mark Casey, President, CFN Services, Incorporated
Josh Schubkegel, Exective Director, Client Facing Technology, UBS

Event Description: Financial Market Structure: Architectural and Infrastructure Challenges in the New Trading World Many new material changes have firms overhauling their trading infrastructure. How does your overall strategy stack up against the next guy? Join us for a panel discussion about the latest trends and challenges that have firms re-designing for 2010.

Event Website: http://www.switchanddata.com/Financial/Fall-Event

Event Name: Switch and Data Presents: Financial Market Structure: Panel Event

Event Date: 11/19/2009 – 11/19/2009

Event Location: Helmsley Hotel, 212 East 42nd Street, NY, NY 10017

Panelist:

Host:
John Panzica, Vice President, Financial Services Practice, Switch and Data

Moderator
Kevin McPartland, Senior Analyst, TABB Group

Panelists
Nigel Faulkner, Managing Director, CTO Equities Trading, Goldman Sachs
George Hessler, Executive Vice President, Lime Brokerage
William Warner Director, Sales Engineering, Reliance Globalcom
Mark Casey, President, CFN Services, Incorporated
Josh Schubkegel, Exective Director, Client Facing Technology, UBS

Event Description: Financial Market Structure: Architectural and Infrastructure Challenges in the New Trading World Many new material changes have firms overhauling their trading infrastructure. How does your overall strategy stack up against the next guy? Join us for a panel discussion about the latest trends and challenges that have firms re-designing for 2010.

Event Website: http://www.switchanddata.com/Financial/Fall-Event

A-Team Group Poll

In today’s financial markets, trading firms face constant pressures in a fiercely competitive environment. Providing best execution and superlative customer service is fundamental to attracting order flow. Running trading operations efficiently is also an imperative, to minimize costs internally and to offer best value to customers. Despite the increase in recent years of automated and algorithmic trading, the human touch is as important as ever in financial trading. Traders bring a wealth of experience to the art of trading, even when it is driven by computer-generated indicators. Their experience and relationships are vital to seeking out liquidity and efficient execution.

Trading operations overall need to be agile and flexible in order to meet ever changing demands and to rapidly exploit business opportunities. The regrouping of traders to react to – even pre-empt – market demand, requires trading positions that can be immediately configured to individual trader’s preference and information needs. At the same time, management and operational costs of trading operations need to be driven down in reaction to the ever downward pressure on margins. Whether costs are reduced through sharing of information services, through a reduction in maintenance costs, or change management costs, it all adds to the bottom line.

Fortunately, new approaches to trading room design, allowing the remote deployment of both servers and desktop PC hardware, together with dynamic allocation of resources to facilitate ‘hot desk’ working address these key requirements for agility, flexibility, manageability and cost containment.

This industry briefing explores offerings from WEY Technology and presents real-life benefits as experienced by Sydbank, a leading Danish bank.

Download Now

Optimizing the Power of your Network

Electronic Trading Firms are expecting a lot more from their network providers when it comes to low latency. It is a well-known fact, that faster is better when it comes to many things in the world. In the Electronic Trading industry being first in the queue is not just better, it can mean millions of dollars uplift. When millions are at stake, every aspect of the equation needs to be evaluated. CFN Services is now providing Electronic Traders a new aspect to their low latency goal. In the race to Alpha, there is a new variable in the mix.  Learn More