Insights
Perspectives on trading infrastructure, market structure, and financial technology.
Preparing for TXSE: What Broker-Dealers Need to Know
The Texas Stock Exchange launch window is July 2-17, 2026. Here's what you need to know about connectivity, certification, and getting ready to trade.
Read the guideResearch Themes
What we write about
TXSE readiness and Texas market structure
FIX protocol, exchange connectivity, and certification
Market data, ClickHouse, KDB+, and low-latency systems
AI-assisted software delivery with human engineering review
November 2024
FIX 5.0 vs FIX 4.4: Key Differences
Understanding the evolution of the FIX protocol and why modern exchanges are standardizing on FIX 5.0.
October 2024
Why We Chose ClickHouse Over KDB+
A practical comparison of ClickHouse and KDB+ for financial time-series data, based on real migration projects.
September 2024
Dallas as a Financial Hub: The Y'all Street Effect
How Texas is positioning itself as a major center for capital markets, and what it means for financial technology.
August 2024
Building Low-Latency Systems on AWS
Practical techniques for achieving sub-millisecond performance in cloud-based trading infrastructure.