Azul CTO Gil Tene describes the basics of Zing and what it delivers in low latency environments.
Author: Gil Tene, Azul Systems CTO and Co-founder
You can also view the on-demand webcast here »
Speakers in the webcast included:
– Gil Tene, CTO and Co-founder, AZUL SYSTEMS
– Tim Cox, Director, Global Execution Services, BANK OF AMERICA MERRILL LYNCH
– Mehmet Yanilmaz, Partner, MYRA TRADING
– Wolfgang Eholzer, Head of Trading System Design, EUREX
Moderator: Anthony Malakian, US Editor, WATERSTECHNOLOGY
Abstract: Depending on which source you consult, high-frequency trading (HFT) operations account for as much as 60-65 percent of US equity volumes, illustrating the extent to which buy-side and sell-side firms use this “no-touch” strategy for much of their bread and butter. But the HFT market is not without its challenges and controversies, especially when it comes to what many perceive to be the introduction of systemic risk – heightened by the May 6, 2010 Flash Crash – and also the possibility of certain firms possessing an unfair advantage over their competitors due to technology and operational initiatives. But many believe that HFT has been given an unnecessarily bad rap and that its advantages far outweigh its drawbacks.