HFT: Tick-to-Trade < 1us
Following on from the QuickStart HFT posting I made a short while ago, I came across the Cheetah Framework based on the recent press release. The Statistical Arbitrage provide an example of how the various Cheetah cubs/blocks can be used. I’m unclear of the cost compare to a go-it-alone FPGA solution, or which companies have successfully implemented a solution using the technology. However, given that Cheetah Solutions appears to be based on Zurich, Switzerland, one has to assume a Swiss bank or offshore hedge fund has been the initial client of the hardware stack.