01 September 2015

Korea Exchange launches Exture+ trading platform

03 March 2014  |  834 views  |  0 Source: Korea Exchange

On March 3rd 2014, Korea Exchange(KRX) announced the launch of its new trading platform, Exture+.

Based on x86 Linux servers, EXTURE+ is designed to provide enhanced performance reliability, expandability while minimizing development costs for member firms. 

Specifically, the processing capacity of system has been upgraded to 160 million quotes per day -2 times the existing system - while reducing latency to a 70 microsecond benchmark from the current 20,000 microseconds. In order to increase disaster recovery capabilities, EXTURE+ will operate a 3-tier recovery system replacing its dual-server backup system. With increasing levels of high-frequency trading, the new system will also provide functions to limit number of excess quotes as well as a kill-switch to cancel erroneous orders. With the development of core technologies in EXTURE+, KRX expects to strengthen its position as a global financial technology services provider in the exchange industry while promoting the competitiveness of the Korean financial markets. 

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

 

Who is commenting?

Top topics

Most viewed Most shared
SunGard system glitch causes havoc for BNY...
7131 views comments | 14 tweets | 12 linkedin
Third of Brits expect day-to-day mobile pa...
7048 views comments | 36 tweets | 13 linkedin
Kenya's NIC Bank links to Twitter and What...
6253 views comments | 27 tweets | 17 linkedin
Payments UK sets out vision for 'world cla...
6131 views comments | 17 tweets | 10 linkedin
HSBC glitch leaves thousands of customers...
5781 views comments | 13 tweets | 7 linkedin

Featured job

Excellent Salary and Company benefits package
London

Find your next job