Wednesday, December 12, 2012

Scott Sellers: Java on Wall Street: How much money are we making?

  Microwave vies with fiber for high-frequency trading | Citigroup cutting IT jobs, shifting some work offshore
 
  Financial IT

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Scott Sellers: Java on Wall Street: How much money are we making?
On Wall Street, having access to large amounts of pricing data is a key building block for successful trading strategies. In-memory data models are able to collect, analyze and derive trends from the flood of information in the market. Companies then use these models to drive algorithmic programs that automatically conduct trades based on pre-defined criteria. These algos, in turn, can power any number of profit-generating activities, from finding arbitrage opportunities to speculating on emerging trends. Read More


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Microwave vies with fiber for high-frequency trading
In the world of high-frequency trading, where being ahead of the competition by a few milliseconds can mean profits worth millions of dollars, finance firms are increasingly looking to decades-old microwave technologies for a competitive edge. Read More


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Citigroup cutting IT jobs, shifting some work offshore
Citigroup is cutting 11,000 jobs, many in IT, as part of a restructuring announced Wednesday. Read More

 

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Ditulis Oleh : Angelisa Vivian Hari: 6:40 AM Kategori:

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