|
TradElect
TradElect was the London Stock Exchange's main electronic trading platform from 2007 to 2011. It ran on Microsoft Windows, using .NET technology and Microsoft SQL Server. Its development took four years from project inception to rollout and had a total cost of £40 million. The impetus for the development of TradElect was the rise of algorithmic trading and the liberalisation of the trading sector in Europe due to the Markets in Financial Instruments Directive. Both of these factors meant that stock exchanges – previously facing little or no competition – had to offer faster response times to be competitive. The system which TradElect replaced, Sets, was 10 years old and took 140 ms to complete a trade, compared to TradElect's 10 ms. In April 2010 the Oslo Stock Exchange also adopted TradElect, as part of a strategic partnership agreement. The Johannesburg Stock Exchange also adopted TradElect. Downtime On 8 September 2008, TradElect trading was mostly un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Johannesburg Stock Exchange
JSE Limited (previously the JSE Securities Exchange and the Johannesburg Stock Exchange) is the largest stock exchange in Africa. It is located in Sandton, Johannesburg, South Africa, after it moved from downtown Johannesburg in 2000. In 2003 the JSE had an estimated 473 listed companies and a market capitalisation of US$182.6 billion (€158 billion), as well as an average monthly traded value of US$6.399 billion (€5.5 billion). As of March 2022, the market capitalisation of the JSE was at US$1.36 trillion. History The discovery of gold on the Witwatersrand in 1886 led to many mining and financial companies opening and a need soon arose for a stock exchange. The first share transactions on the Rand took place in a rustic canvas tent, with trade taking place on Sundays, as this was the only day when mining was not allowed, owing to a strictly enforced regulation prohibiting the entry of African workers to the gold reefs. The ''Johannesburg Exchange & Chambers Company'' was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group (LSEG, that it also lists ()). The LSE was the most-valued stock exchange in Europe from 2003 when records began till Autumn 2022, when the Paris exchange was briefly larger, until the LSE retook its position as Europe’s largest stock exchange 10 days later. History Coffee House The Royal Exchange had been founded by English financier Thomas Gresham and Sir Richard Clough on the model of the Antwerp Bourse. It was opened by Elizabeth I of England in 1571. During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably Jona ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Millennium Exchange
Millennium Exchange is the electronic trading platform currently used and developed by the London Stock Exchange Group. It has also been sold and is in use by a number of other exchanges around the world. History In 2009, the London Stock Exchange Group was unhappy with the cost and the insufficient speed of their electronic trading platform, TradElect, so after only 2 years of operating TradElect they decided to switch to a new platform. The LSE investigated the possibility of building a new system in-house, but eventually decided on acquiring the existing, Linux-based system, Millennium Exchange, which had a lower, sub-millisecond latency. Acquisition LSE acquired the system through acquisition of, Sri Lanka-based MillenniumIT - the original creators of the software, for £18m in 2009. In its annual report, the LSE said that it expected the switch to Millennium Exchange to save $16m per year starting from the 2012 financial year. Software launch and initial problems In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Algorithmic Trading
Algorithmic trading is a method of executing orders using automated pre-programmed trading instructions accounting for variables such as time, price, and volume. This type of trading attempts to leverage the speed and computational resources of computers relative to human traders. In the twenty-first century, algorithmic trading has been gaining traction with both retail and institutional traders. It is widely used by investment banks, pension funds, mutual funds, and hedge funds that may need to spread out the execution of a larger order or perform trades too fast for human traders to react to. A study in 2019 showed that around 92% of trading in the Forex market was performed by trading algorithms rather than humans. The term algorithmic trading is often used synonymously with automated trading system. These encompass a variety of trading strategies, some of which are based on formulas and results from mathematical finance, and often rely on specialized software. Examples o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Accenture
Accenture plc is an Irish-American professional services company based in Dublin, specializing in information technology (IT) services and consulting. A ''Fortune'' Global 500 company, it reported revenues of $61.6 billion in 2022. Accenture's current clients include 91 of the Fortune Global 100 and more than three-quarters of the Fortune Global 500. As of 2022, Accenture is considered the largest consulting firm in the world by number of employees. Julie Sweet has served as CEO of Accenture since 1 September 2019. It has been incorporated in Dublin, Ireland, since 2009. History Formation and early years Accenture began as the business and technology consulting division of accounting firm Arthur Andersen in the early 1950s when it conducted a feasibility study for General Electric to install a computer at Appliance Park in Louisville, Kentucky, which led to GE's installation of a UNIVAC I computer and printer, believed to be the first commercial use of a computer in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Custom Software Projects
Custom, customary, or consuetudinary may refer to: Traditions, laws, and religion * Convention (norm), a set of agreed, stipulated or generally accepted rules, norms, standards or criteria, often taking the form of a custom * Norm (social), a rule that is socially enforced * Customary law or consuetudinary, laws and regulations established by common practice * Customary (liturgy) or consuetudinary, a Christian liturgical book describing the adaptation of rites and rules for a particular context * Custom (Catholic canon law), an unwritten law established by repeated practice * Customary international law, an aspect of international law involving the principle of custom * Mores * Tradition * Minhag (pl. minhagim), Jewish customs * ʿUrf (Arabic: العرف), the customs of a given society or culture Import-export * Customs, a tariff on imported or exported goods * Custom house Modification * Modding * Bespoke, anything commissioned to a particular specification * Custom car * Cus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual basis but generally not the reporting period to align with the calendar year (1 January to 31 December). Taxation laws generally require accounting records to be maintained and taxes calculated on an annual basis, which usually corresponds to the fiscal year used for government purposes. The calculation of tax on an annual basis is especially relevant for direct taxes, such as income tax. Many annual government fees—such as council tax and license fees, are also levied on a fiscal year basis, but others are charged on an anniversary basis. Some companies, such as Cisco Systems, end their fiscal year on the same day of the week each year: the day tha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Latency (engineering)
Latency, from a general point of view, is a time delay between the cause and the effect of some physical change in the system being observed. Lag, as it is known in gaming circles, refers to the latency between the input to a simulation and the visual or auditory response, often occurring because of network delay in online games. Latency is physically a consequence of the limited velocity at which any physical interaction can propagate. The magnitude of this velocity is always less than or equal to the speed of light. Therefore, every physical system with any physical separation (distance) between cause and effect will experience some sort of latency, regardless of the nature of the stimulation at which it has been exposed to. The precise definition of latency depends on the system being observed or the nature of the simulation. In communications, the lower limit of latency is determined by the medium being used to transfer information. In reliable two-way communication syst ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Linux
Linux ( or ) is a family of open-source Unix-like operating systems based on the Linux kernel, an operating system kernel first released on September 17, 1991, by Linus Torvalds. Linux is typically packaged as a Linux distribution, which includes the kernel and supporting system software and libraries, many of which are provided by the GNU Project. Many Linux distributions use the word "Linux" in their name, but the Free Software Foundation uses the name "GNU/Linux" to emphasize the importance of GNU software, causing some controversy. Popular Linux distributions include Debian, Fedora Linux, and Ubuntu, the latter of which itself consists of many different distributions and modifications, including Lubuntu and Xubuntu. Commercial distributions include Red Hat Enterprise Linux and SUSE Linux Enterprise. Desktop Linux distributions include a windowing system such as X11 or Wayland, and a desktop environment such as GNOME or KDE Plasma. Distributions intended for ser ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Xavier Rolet
Xavier R. Rolet (born 12 November 1959) is a French businessman and the chairman and chief executive officer (CEO) of World Quantum Growth Acquisition Corporation, a NYSE-listed company (WQGA.U). He was CEO of CQS until January 2020, and before that, CEO of the London Stock Exchange Group. He was included in the 2017 Harvard Business Review's List of the Best 100 CEOs in the World and is a frequent keynote speaker at business events. Rolet is an advocate for supporting start-ups and the funding of SMEs to promote innovation and job creation. Early life Rolet was born in Aix-les-Bains, France. He is the eldest of three children born to military parents. His early life was spent in Algeria and France. After graduating from the KEDGE Business School with an MSc in management science and finance in 1981, he served as a second lieutenant and Instructor at the French Air Force Academy, earned an MBA from Columbia Business School in 1984 and a post-graduate degree from Paris-based ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Windows IT Pro
''Windows IT Pro'' was a trade publication and web site owned by Informa serving the information needs of IT professionals working with the Microsoft Windows platform. The magazine's editorial offices were located in Ft. Collins, Colorado, USA. It was in circulation between 1995 and April 2014. It is now exist as ''ITPro Today'' web publication. History and profile Established in 1995 as Windows NT Magazine in North America and NTexplorer Magazine in Europe, ''Windows IT Pro'' publishes a monthly digital magazine; produces web content, web seminars, and elearning training sessions; and hosts conferences for IT professionals. Common topics include Windows Server, Windows client, Microsoft Exchange Server, Microsoft Outlook, virtualization, cloud computing, Microsoft System Center, Active Directory, Group Policy, and PowerShell/Scripting. ''Windows IT Pro'''s sister web sites include Paul Thurrott's SuperSite for Windows, SQL Server Pro, SharePoint Pro SharePoint is a web ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Microsoft
Microsoft Corporation is an American multinational technology corporation producing computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washington, United States. Its best-known software products are the Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 21 in the 2020 Fortune 500 rankings of the largest United States corporations by total revenue; it was the world's largest software maker by revenue as of 2019. It is one of the Big Five American information technology companies, alongside Alphabet, Amazon, Apple, and Meta. Microsoft was founded by Bill Gates and Paul Allen on April 4, 1975, to develop and sell BASIC interpreters for the Altair 8800. It rose to do ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.jpg "Click for more on -> Johannesburg Stock Exchange")
.jpg "Click for more on -> Linux")
