Connectivity Solutions in Automated Trading

The study analyzes the architecture and deployment of direct market access (DMA) solutions for automated trading of securities.  It provides an overview of automated trading systems including: trading floor architecture, trading environment connectivity, and DMA solutions.  Among a range of factors influencing operational capacities, round-trip latency has been recognized as the key quality differentiator of an automated trading floor.  The study identifies potential opportunity costs due to latency levels as a major driver of technological progress in trading in highly liquid market conditions

Microcontroller for the logic tasks

A new SM16 microcontroller architecture is proposed which is intended for the logic-intensive applications in the field-programmable gate array (FPGA). The microcontroller has the stack architecture which provides the implementation of the most of instructions for a single clock cycle. The short but fast programs are derived due to the 16-bit instructions, which code up to three independent operations, and intensive use of the threaded code style. The framework is developed which compiles the program, simulates it, and translates to the ROM. The developed SM16 core with additional three-stack blocks, hash-table, and instructions that accelerate the execution of parsing operations is used for efficient XML-document processing and can be frequently reconfigured to the given document grammar set. The parsing speed equals to one byte per 24 clock cycles