Sun Microsystems has joined The Securities Technology Analysis Center (Stac) Benchmark Council, to help define standard performance metrics for trading technologies.
Sun has become an Innovation Sponsor for the Manhattan-based Stac Lab into the bargain.
The Stac Lab is a research facility where end-user firms can evaluate new technologies under simulated trading conditions.
It contains advanced load-generation mechanisms, precise timing equipment, market data and test tools pre-integrated with many of the products to be tested.
On the Stac Benchmark Council, Sun will contribute to specifications under consideration by its participating trading firms.
The Council is a group of trading firms and vendors who are defining industry-standard ways of measuring latency, capacity, power efficiency, and other key performance attributes of solutions used in the trading process.
Announced last September, the Council includes a number of global trading firms including Citigroup, JP Morgan Chase, and HSBC.