OUTSIDE THE REGION

OUTSIDE THE REGION

Smith Barney Inc.'s newly built 1,900-position trading facility in New York cost the firm approximately $88.9 million to outfit, a source close to the project told D&IS sister publication Trading Systems Technology. Of that total, the firm dished out $26.2 million for communications infrastructure, $11.5 million for consulting services and the remaining $51.2 million for systems integration, including hardware, data distribution and display software. The five-floor site features 1,100 Unix

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What hedge funds are missing about messaging

When a mere microsecond delay can impact the bottom line, hedge funds need high-performance technology stacks and infrastructure. Himanshu Gupta outlines four key considerations for a firm’s messaging architecture.

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