InfiniBand Accelerates the Exegy Ticker Plant at Major Exchanges

Low-Latency InfiniBand Delivers ‘First to Trade’ Execution Advantage to Automated Trading Systems: Mellanox Technologies today announced that its 20Gb/s InfiniBand products provide the low-latency and throughput performance demanded by the Exegy Ticker Plant, a hardware-accelerated appliance which processes and enriches market data for the world’s leading co-located trading operations. Utilizing Mellanox InfiniBand interconnect, this appliance feeds automated trading systems at extremely low-latency and high-throughput for faster processing of market data which results in a trading advantage over other competitors. This advantage is so compelling that the Exegy Ticker Plant is deployed and being used by financial firms at major North American exchanges as well as in London, and highlights the proliferation of InfiniBand into low-latency equities trading applications. “The sheer volume of data coupled with the processing demands of building an order book presents latency problems for traditional software solutions,” said Jeff Wells, Exegy’s Vice President of Product Marketing. “Traders leveraging the Mellanox InfiniBand-accelerated Exegy Ticker Plant, with its low latency, high throughput and sophisticated levels of functionality, enhance their targeted trading efforts and enjoy the opportunity to be among the first to trade.” “IT departments in financial capital markets are facing significant growth in the amount of market data that must be processed and at the same time decreasing tolerance for trade execution latency. This is causing them to intensely focus on infrastructure performance to maintain their competitiveness,” said Wayne Augsburger, vice president of business development at Mellanox Technologies. “With unmatched throughput and ultra-low latency, Mellanox InfiniBand interconnect addresses the I/O demands required by the Exegy Ticker Plant to most efficiently distribute market data to the world's leading co-located trading operations.” The Mellanox InfiniBand-accelerated Exegy Ticker Plant is currently co-located at the London Docklands and four U.S. trading venues: Weehawken, Carteret, Chicago and Metro Tech. For more information visit its Web site.