News and views from the Ancoa team

Market surveillance: from cost to value creation

Find out how Ancoa creates value across the organisation
– Best Execution Magazine, Spring 2014.

[READ STORY ONLINE] – “Market surveillance: from cost to value creation.”

[DOWNLOAD STORY AS PDF] – “Market surveillance: from cost to valu…

Mitigating behavioural risks of instant messaging at financial institutions

Author: Stefan Hendrickx

Ancoa was recently interviewed by Madison Marriage of the Financial Times fund management on the topic of instant messaging at Funds –

Further on this topic Ancoa is spotting the following trends

1. A cultural shift towards compliance

A lot of market abuse problems arose from “open” messenger systems, where people from different…

Intel and Ancoa “Multi-Core Optimization for Market Surveillance”

Author: Stefan Hendrickx

We are proud to announce the results of our work with Intel today in a joint whitepaper, titled “Multi-Core Optimization for Market Surveillance”.

The performance gains from this exercise have been tremendous.

Intel’s tools have helped improve Ancoa’s performance, which will provide benefits across the Ancoa platform for customers using Windows, Linux, and…

Enforcing market integrity in a world of quote spam

Author: Stefan Hendrickx

We are proud to announce the results of our work with Intel today in a joint whitepaper, titled “Multi-Core Optimization for Market Surveillance”.

Gordon Hughes, Global Sales Director of Financial Service Alliances at Intel:

“Intel is delighted to have worked with the Ancoa team to optimise the performance of their technology in a Big Data environment lik…

Spin on a multi-billion dollar scale

The man

Carl Icahn, activist investor

What happened?

On 13th August Carl Icahn single handedly moved the share price of AAPL by almost 5%. By sending two simple tweets, Icahn added $17.1B in market cap. This article discusses the possibility of a dangerous precedent. This is what it looked like:

The image above displays the Apple share price on 13 August 2013, moving from $475 to…

Should this type of tweet be legal?

We currently have a large position in APPLE. We believe the company to be extremely undervalued. Spoke to Tim Cook today. More to come.— Carl Icahn (@Carl_C_Icahn) August 13, 2013

At face value, this type of tweet could easily be considered as market manipulation, and part of a “pump and dump” scheme.

As an activist investor Carl Icahn has been vocal about his strategy which is…

Don’t slow HFT but give regulators the tools to monitor microsecond trades

Stefan Hendrickx, CEO of HL Steam.

With High Frequency Trading now estimated to represent around half of trades and 99% of all trading message traffic in the US and Europe, regulators struggle to keep track, let alone develop workable policy responses. It is therefore no surprise that automated trading is one of the outstanding obstacles stopping EU politicians from finalising the MiFID 2…

HL Steam teams up with BlueBee in FPGA initiative

HL Steam are teaming up with BlueBee in an Anglo-Dutch initiative to port the Ancoa market integrity platform towards FPGA-accelerated computer architectures.

The architectures in question here include the Convey HC-2ex, which contains:

4 Intel processors of 8 cores each
4 Xilinx FPGA blades
64GB RAM memory
80GB internal bandwith

The main goal of the project is to demonstrate that…

HL Steam hires cryptography specialist

HL Steam hires cryptography specialist Elliot Goodrich to strengthen the development team. Elliot brings a background in security, optimisation, and cross platform development to the company. Security is at the heart of the market surveillance system Ancoa and we are excited to have Elliot come on…

The end of batch processing

We couldn’t agree more with DevOps Borat’s observation on Twitter: “Worst mistake is always happen in batch”.

Worst mistake is always happen in batch.— DevOps Borat (@DEVOPS_BORAT) September 29, 2012

Based on our own experiences in the past, we believe that batch processing is a recipe for disaster and should be avoided at all costs in mission-critical environments. This is…

About Ancoa

Ancoa provides contextual surveillance and insightful analytics for exchanges, regulators, buy & sell-side firms. Our highly sophisticated, yet easy to deploy and simple to use, monitoring and surveillance platform helps firms take full control of their regulatory, reputational and operational risks across markets, functions and asset classes.

Contextual Surveillance. Insightful Analytics.

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Cinnober Surveillance Limited is a company registered in England and Wales.
Registered office: St James House, 13 Kensington Square, London, United Kingdom, W8 5HD.
Registered number: 10754403.