Euronext, the pan-European equities exchange, has upgraded its IBM Linux-based trading platform to improve response...
times and increase throughput.
The new platform, known as NSC Equities, will go live in early 2007.
Euronext said the revamped platform would offer users an average response time of under five milliseconds.
Tests by Euronext IT service provider Atos Euronext Market Solutions (AEMS) and IBM have demonstrated that the new platform will be able to handle up to 10 times current volumes at 20 times the speed, said Euronext.
The improved system is able to maintain a workload of 25,000 orders per second, and can peak at 50,000 orders per second for up to five minutes and 100,000 orders per second over a 10-second period.
The upgrade is part of Euronext's technological enhancement programme, which started earlier this year.
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