Since 1986 - Covering the Fastest Computers in the World and the People Who Run Them

Language Flags
December 18, 2013

Mercury-Minerva Releases GunslingerHFT

Dec. 18 — Mercury-Minerva Systems, Inc. has released its GunslingerHFT, probably the world’s fastest high frequency trading (HFT) system.  The system is available as a turn-key appliance for purchase or lease. It is already deployed on a US exchange by an unnamed client with two additional clients about to deploy the system.

HFT is where live market data is evaluated in real-time and trade orders executed in fractions of a second.  The HFT world is further divided into time ranges: milliseconds, hundreds of microseconds, tens of microseconds, and with systems like GunslingerHFT, sub-microsecond.  In actual deployment, GunslingerHFT evaluated multiple market data elements on a 10 Gb/s data feed and completely executed a list order in less than 987 nanoseconds.

“The gunslinger analogy is particularly appropriate to today’s HFT practitioners,” says Mr. Granny.  Continuing, “Especially those working in an arbitrage, where a trade is demanded the instant a tiny change in price happens between markets.  Whoever gets the gun out of the holster first wins, and everybody else, well, looses.  With algorithmic trading in options, the combination of speed and skill comes into play. When a future price changes there are thousands of underlying options stacked-up in the order book that have to be evaluated, weighted, and perhaps dozens of orders executed… with the first order hitting the wire in under a microsecond.”

Financial industry expert, Mark Richard Fogg attests, “Granny & Durwood have made the clearest technical presentation that I have ever heard for the newly released “Gunslinger” (a micro-arbitrage strategy execution engine); and “PeaceMaker” (a “large order” volatility strategy execution engine provide world-fastest execution with concierge services for trading firms).   The quality of the work is at the highest level, from the perspective of 10 years working on similar trading execution engines.”

About Mercury-Minerva Financial Systems

Mercury-Minerva is a collaboration of Nick Granny of NVG Associates and Brian Durwood of Impulse Accelerated Technologies. With Mercury-Minerva they are providing quantitative finance solutions more efficiently and economically.  Mr. Granny is an engineer/computer scientist with experience in field programmable gate arrays (FPGAs), artificial intelligence, and information security.  Mr. Durwood is a Wharton educated business leader with particular expertise in marketing and corporate governance.

Their experience and expertise, combined with the technical staff of their related enterprises, gives Mercury-Minerva the “critical mass” to sustainably deliver technologically superiority new products.

—–

Source: Mercury-Minerva

SC14 Virtual Booth Tours

AMD SC14 video AMD Virtual Booth Tour @ SC14
Click to Play Video
Cray SC14 video Cray Virtual Booth Tour @ SC14
Click to Play Video
Datasite SC14 video DataSite and RedLine @ SC14
Click to Play Video
HP SC14 video HP Virtual Booth Tour @ SC14
Click to Play Video
IBM DCS3860 and Elastic Storage @ SC14 video IBM DCS3860 and Elastic Storage @ SC14
Click to Play Video
IBM Flash Storage
@ SC14 video IBM Flash Storage @ SC14  
Click to Play Video
IBM Platform @ SC14 video IBM Platform @ SC14
Click to Play Video
IBM Power Big Data SC14 video IBM Power Big Data @ SC14
Click to Play Video
Intel SC14 video Intel Virtual Booth Tour @ SC14
Click to Play Video
Lenovo SC14 video Lenovo Virtual Booth Tour @ SC14
Click to Play Video
Mellanox SC14 video Mellanox Virtual Booth Tour @ SC14
Click to Play Video
Panasas SC14 video Panasas Virtual Booth Tour @ SC14
Click to Play Video
Quanta SC14 video Quanta Virtual Booth Tour @ SC14
Click to Play Video
Seagate SC14 video Seagate Virtual Booth Tour @ SC14
Click to Play Video
Supermicro SC14 video Supermicro Virtual Booth Tour @ SC14
Click to Play Video