Blogs

Institutional investment in cryptocurrencies is on the rise. A recent survey from Fidelity Digital Assets[1], encompassed a range of nearly 900 investors spanning crypto hedge and venture funds, traditional hedge funds, endowments and foundations, financial advisors, family offices and high net worth individuals, and found that:   36% of institutional investors surveyed currently invest in…

By Peter Lawrey “Unprecedented” is the much-overused adjective used to describe our current lockdown situation, in almost every blog, article, or feature on the current global COVID-19 pandemic published these days. And yet, these are truly unprecedented times. We’ve seen our society go into lockdown, rapidly transitioned to social distancing and working at home (often…

60% faster TCP/IP within Java One of the major drivers at Chronicle Software is the constant push to remove latency from technology stack , this involves constant analysis and work on all aspects that can add latency. One area we have recently been concentrating on is optimizing the Chronicle network latency that underpins Chronicle Queue…

One of the major benefits with using any Chronicle product is that we aim for almost Zero Garbage Collection (GC) there are several benefits to reducing Garbage:- Pausing for Garbage Collection happens less often. Creating fewer objects, reduces the overhead of allocating and clearing the object in the first place. An indirect benefit comes from…

By Peter Lawrey, CEO at Chronicle Software. Regulated trading systems need to record the reasons behind every decision they make with minimal impact on performance. Chronicle Software has worked with investment banks and hedge funds to deliver trading services with a record everything model and low microsecond latencies. Today’s more stringent regulatory environment is placing…

By Peter Lawrey, CEO at Chronicle Software. Regulations like MiFID II and the Market Abuse Regulation (MAR) in Europe, and Dodd Frank in the US, have raised the bar with respect to trade surveillance as regulators seek to boost transparency and investor protections across the board. This has created the need for financial institutions to…

Overview The FIX Trading Community web site has posted a list of common questions about FIX Engines. This page brings together our answers for these questions. For more details on Chronicle FIX Capabilities/throughput Chronicle FIX supports; 100,000 messages per second per core. (NewOrderSingle / ExecutionReport sized messages) FIX Services which need to have a 30 micro-seconds tick…

Compared to a year ago, we have significantly improved the throughput at which we can achieve the 99%ile (worst one in 100). What tools and tricks did we use to achieve that? What are we testing? Chronicle Queue appends messages to a file while another thread or process can be reading it. This gives you…

David Schmitz presented an excellent talk on what he sees as best practices in using Event Sourcing. Chronicle Software has two very different event sourcing frameworks Chronicle Microservices Framework (CMF) and Chronicle Decentred. This talk is useful in highlighting how they differ with each other and other Event Sourcing solutions. CMF is built on Chronicle Queue and is designed for low latency…

If you use a standard JVM like the Oracle JVM or the OpenJDK, you might find that as the heap size grows the performance of your JVM can drop as GC pause time escalates. This tends to be a problem around 32 GB of heap, but it often depends on the application at which point…