Financial Services and Low Latency with Intel Xeon Phi

"With high frequency trading becoming so important, the overall system performance, starting with the acquisition of the data from various markets through to the buy or sell decision relies on low latency between various parts of the system. The feed handlers, which accept the data in various formats, can be multithreaded and take advantage of coprocessors such as the Intel Xeon Phi. The NIC on a system waits for the packets to arrive and can then the information to a specified core on the Intel Xeon Phi coprocessor system for processing."

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