Welcome!

Eclipse Authors: Pat Romanski, Elizabeth White, Liz McMillan, David H Deans, JP Morgenthal

News Feed Item

Ahoy there! Thomson Reuters Eikon Trading software was successfully tested at sea, onboard a Motor Yacht in the Mediterranean

Over the weekend 13-15th April 2013, LJE and Beacon ETS successfully tested Thomson Reuters Eikon at Sea. Utilising existing ship based Ku-Band Satellite Broadband connection, travelling deep sea, between Gibraltar and Palma, Majorca.

LONDON, April 29, 2013 /PRNewswire/ -- Land lubbers and shipmates please note:

Brighton-based Beacon ETS stress tested Thomson Reuters products at Sea, April 15th, 2013.

Chris Smith, Founder, Senior Technical Consultant and 'Salty Sea Dog' at Brighton-based Beacon ETS, explains, "Beacon ETS (trading as LJE Ltd) are a Market Data and Open Source IT Solutions provider Specialising in design and installation/support of bespoke Solutions and Infrastructures for Investment Banking and Private Investors, since 2003.

"Many motor yachts like Slipstream, are already fitted with Sea Tel satellite systems, designed to provide robust and reliable internet connectivity in all weathers and sea conditions.

"Beacon ETS completed full stress testing, of two major Market Data vendors, defined in Project 'Trade Outside' aka Blue Ocean.

"Whilst onboard testing, I witnessed two important World News Stories.

  1. Earthquake in Iran
  2. Bomb at Boston Marathon

"These News items would have been important events that Traders or Investors would have acted upon from their office, wherever they had connectivity and could use Thomson Reuters or similar.

"With current Satellite go anywhere Technology, it is possible for Banks or individuals to work on the move, using products they already have on the trade floor.

"The testing was conducted with the full support of Livewire Connections Ltd, Slipstream Motor Yacht's VSAT airtime and IT service provider, Thomson Reuters, ship's crew and another Market Data provider, who unfortunately we cannot mention.

"During the sea journey of 30 hours/540 nautical miles (some of which in Storm force winds), Beacon Super Yacht Electronic Trading Solutions, were well away from terrestrial GSM/3G services and were completely reliant on the yacht's satellite system for internet access.

"Using the yacht's standard satellite internet connection Bandwidth (512k), Beacon ETS were able to confirm that Thomson Reuters Eikon  performed extremely well, with 4000+ realtime instruments in Excel and full featured desktop applications. The tests were re-run numerous times during the journey, including  Asian, European and U.S. Market Open, over the variable latency link and various weather conditions.

"The crew continued their normal duties and used the shared broadband link without being affected by the Market Data testing.

"The Sea Tel VSAT system, fitted to the yacht and the Market Data vendors we tested other than Thomson Reuters also proved to work efficiently and provided very light Bandwidth usage figures (max 200kb/s), with no loss of connectivity or features, during the  testing period.

"Some additional tests were also performed during the time onboard Slipstream and in some pretty rough sea conditions, using Apple MacBook Air with Oracle VirtualBox, (desktop virtualisation) making the results even more impressive!"

Now, after the test's successful completion and with deep benchmarks planned, a new opportunity is available for other trading technology solutions and vendors to 'get onboard!'

The future looks interesting, as other existing trading technology solutions and vendors can adapt their products to utilise Fixed Land Site, or Satellite Broadband + Private Leased Line solutions in the Mega yacht sector.

Large privately owned motor yachts and charter guests or Banking Institutions, can now request access to full Professional Trading production versions,  for retrieval of real time Market Data and manipulate positions in realtime, whilst at sea.

For the Time being 'Step outside for Summer !'  Trade Outside(TM)....Sea, Land or Air; Trade like the office but without restriction and follow the sun.

Media Contact:
Chris Smith
+44 1273 317187
[email protected]

SOURCE Beacon ETS

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
The platform combines the strengths of Singtel's extensive, intelligent network capabilities with Microsoft's cloud expertise to create a unique solution that sets new standards for IoT applications," said Mr Diomedes Kastanis, Head of IoT at Singtel. "Our solution provides speed, transparency and flexibility, paving the way for a more pervasive use of IoT to accelerate enterprises' digitalisation efforts. AI-powered intelligent connectivity over Microsoft Azure will be the fastest connected pat...
There are many examples of disruption in consumer space – Uber disrupting the cab industry, Airbnb disrupting the hospitality industry and so on; but have you wondered who is disrupting support and operations? AISERA helps make businesses and customers successful by offering consumer-like user experience for support and operations. We have built the world’s first AI-driven IT / HR / Cloud / Customer Support and Operations solution.
Codete accelerates their clients growth through technological expertise and experience. Codite team works with organizations to meet the challenges that digitalization presents. Their clients include digital start-ups as well as established enterprises in the IT industry. To stay competitive in a highly innovative IT industry, strong R&D departments and bold spin-off initiatives is a must. Codete Data Science and Software Architects teams help corporate clients to stay up to date with the mod...
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
Druva is the global leader in Cloud Data Protection and Management, delivering the industry's first data management-as-a-service solution that aggregates data from endpoints, servers and cloud applications and leverages the public cloud to offer a single pane of glass to enable data protection, governance and intelligence-dramatically increasing the availability and visibility of business critical information, while reducing the risk, cost and complexity of managing and protecting it. Druva's...
BMC has unmatched experience in IT management, supporting 92 of the Forbes Global 100, and earning recognition as an ITSM Gartner Magic Quadrant Leader for five years running. Our solutions offer speed, agility, and efficiency to tackle business challenges in the areas of service management, automation, operations, and the mainframe.
The Jevons Paradox suggests that when technological advances increase efficiency of a resource, it results in an overall increase in consumption. Writing on the increased use of coal as a result of technological improvements, 19th-century economist William Stanley Jevons found that these improvements led to the development of new ways to utilize coal. In his session at 19th Cloud Expo, Mark Thiele, Chief Strategy Officer for Apcera, compared the Jevons Paradox to modern-day enterprise IT, examin...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
DSR is a supplier of project management, consultancy services and IT solutions that increase effectiveness of a company's operations in the production sector. The company combines in-depth knowledge of international companies with expert knowledge utilising IT tools that support manufacturing and distribution processes. DSR ensures optimization and integration of internal processes which is necessary for companies to grow rapidly. The rapid growth is possible thanks, to specialized services an...
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...