Welcome!

News Feed Item

Lucera Launches On-demand Infrastructure for Global Electronic Trading

High-performance platform offers unparalleled flexibility to dramatically reduce infrastructure cost, speed time to market and unlock new revenue sources

NEW YORK, Feb. 20, 2014 /PRNewswire/ -- Lucera Financial Infrastructures today announced the availability of its high-performance infrastructure to power electronic trading by financial institutions and high-frequency trading (HFT) firms. The ground-breaking Lucera platform enables customers to accelerate time-to-market, high speed connections to marketplaces and exchanges, and reduce operational and regulatory risk while eliminating the capital expense of building and operating a real-time network of customer and exchange connectivity. 

Lucera Financial Infrastructures logo

"High frequency trading firms, exchanges, banks and hedge funds can reap huge savings and achieve significant improvements in performance by operating their infrastructure on Lucera," said Jacob Loveless, CEO of Lucera. "Our customers are able to reach new levels of performance by freeing themselves from the time and capital constraints of internal legacy infrastructure.  By using Lucera, clients will be able to connect to more customers and liquidity destinations with much better performance at significantly lower cost." 

Lucera's customers can efficiently procure, test, manage, implement and monitor trading infrastructure without expending capital on network technology. Lucera's on-demand custom infrastructure enables users to adjust the level of dedicated resources at any time at any of three collocated data centers.  Month-to-month pricing allows customers to easily deploy or test new components and strategies without long-term contracts or commitments. 

"Lucera was created to help customers address today's expensive, complex and evolving infrastructure needs.  Lucera's platform currently operates out of New York, London and Chicago, enabling our customers to connect to multiple trading destinations fast, securely, and cost-effectively," Mr. Loveless added.  "Our platform was designed by traders for traders, so we understand it must be ready to execute real-time.  We help clients remove the barriers of capital investment, connectivity and time-to-market so they can focus on doing what they do best, generating revenue."

Ethan Kahn, Principal of Lucera customer Wolverine Trading LLC said, "We're always looking for new and innovative ways to increase our market reach and reduce operational costs. Lucera has given us a new and improved way to manage, deploy and scale our systems, particularly in the highly fragmented FX market.  We now focus on developing systems to enhance market liquidity, while Lucera helps us manage the underlying infrastructure at low cost and in real-time."

Lucera's key features include:

  • Connectivity – Access to any bank, ECN, marketplace or customer is accessible via high-speed, high performance dark fiber cross connects for virtually unlimited global connectivity and trading, enabling customers to create high-speed connections between financial destinations with no downtime or scheduled firewall suspension.
  • Speed - Lucera runs on 17,000 miles of the fastest divergent transcontinental fiber, collocated in premier datacenters in New York, London and Chicago which deliver best in class speed and throughput.
  • Network – Lucera's independently owned infrastructure includes a 100% software-defined network built atop Lucera's high speed custom-built routers.
  • Performance – Lucera runs a customized version of SmartOS, which is engineered to provide bare metal performance for customers' on-demand machines and an industry leading virtualization performance for Linux or Windows.
  • Security – Each Lucera client receives exclusive access to resources using Lucera's patented and patent pending allocation models. Lucera clients retain root level access, enabling compliance with their internal security guidelines.
  • Ease-of-use - A Web-based, customer-administered user interface gives multiple sanctioned users easy access to instantly provision cloud machines and create connections from a tablet or desktop for maximum access and operational efficiency.

About Lucera

Lucera Financial Infrastructures is a premier provider of on-demand, scalable high-performance infrastructure designed to power electronic connectivity and trading. Lucera's fast, open and intuitive platform is engineered to enable customers to securely leverage our powerful, high-speed and resilient electronic trading infrastructure.  We empower our customers with on-demand provisioning and transparency that help them enhance performance, lower cost of operations and provide best in class service and security.

Lucera is a privately held, New York based firm launched with initial backing from Cantor Fitzgerald, a leading global financial services firm and active Lucera customer. Visit us at https://luceraHQ.com.

Logo: http://photos.prnewswire.com/prnh/20140220/NY68885LOGO

 

 

 

SOURCE Lucera Financial Infrastructures

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
There is little doubt that Big Data solutions will have an increasing role in the Enterprise IT mainstream over time. Big Data at Cloud Expo - to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA - has announced its Call for Papers is open. Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is...
Digital innovation is the next big wave of business transformation based on digital technologies of which IoT and Big Data are key components, For example: Business boundary innovation is a challenge to excavate third-party business value using IoT and BigData, like Nest Business structure innovation may propose re-building business structure from scratch, as Uber does in the taxicab industry The social model innovation is also a big challenge to the new social architecture with the design fr...
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at EMC, will introduce a methodology for capturing, enriching and sharing data (and analytics) across the organizati...
IoT is fundamentally transforming the auto industry, turning the vehicle into a hub for connected services, including safety, infotainment and usage-based insurance. Auto manufacturers – and businesses across all verticals – have built an entire ecosystem around the Connected Car, creating new customer touch points and revenue streams. In his session at @ThingsExpo, Macario Namie, Head of IoT Strategy at Cisco Jasper, will share real-world examples of how IoT transforms the car from a static p...
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the protocols that communicate data and the emerging data analy...
The vision of a connected smart home is becoming reality with the application of integrated wireless technologies in devices and appliances. The use of standardized and TCP/IP networked wireless technologies in line-powered and battery operated sensors and controls has led to the adoption of radios in the 2.4GHz band, including Wi-Fi, BT/BLE and 802.15.4 applied ZigBee and Thread. This is driving the need for robust wireless coexistence for multiple radios to ensure throughput performance and th...
I’m going to cry tonight, long and hard. I’ll do so as I remember and mourn Jeremy Geelan. I knew Jeremy for almost 20 years, from the time he showed up one day at Cloud Expo’s headquarters in Bergen County, New Jersey, and went to work. The show wasn’t called Cloud Expo then, of course – it was still known as Java Edge, a pioneering event that grabbed developers, architects, and enterprise IT users alike for twice-yearly confabs. Jeremy didn’t have a job there, or even a job offer. He was s...
SYS-CON Events announced today that China Unicom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. China United Network Communications Group Co. Ltd ("China Unicom") was officially established in 2009 on the basis of the merger of former China Netcom and former China Unicom. China Unicom mainly operates a full range of telecommunications services including mobile broadband (GSM, WCDMA, LTE F...
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.
Big Data has been changing the world. IoT fuels the further transformation recently. How are Big Data and IoT related? In his session at @BigDataExpo, Tony Shan, a renowned visionary and thought leader, will explore the interplay of Big Data and IoT. He will anatomize Big Data and IoT separately in terms of what, which, why, where, when, who, how and how much. He will then analyze the relationship between IoT and Big Data, specifically the drilldown of how the 4Vs of Big Data (Volume, Variety,...
Video experiences should be unique and exciting! But that doesn’t mean you need to patch all the pieces yourself. Users demand rich and engaging experiences and new ways to connect with you. But creating robust video applications at scale can be complicated, time-consuming and expensive. In his session at @ThingsExpo, Zohar Babin, Vice President of Platform, Ecosystem and Community at Kaltura, will discuss how VPaaS enables you to move fast, creating scalable video experiences that reach your...
In his session at @DevOpsSummit at 19th Cloud Expo, Robert Doyle, lead architect at eCube Systems, will examine the issues and need for an agile infrastructure and show the advantages of capturing developer knowledge in an exportable file for migration into production. He will introduce the use of NXTmonitor, a next-generation DevOps tool that captures application environments, dependencies and start/stop procedures in a portable configuration file with an easy-to-use GUI. In addition to captu...