03 September 2014

Korea Exchange launches Exture+ trading platform

03 March 2014  |  628 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

 

Featured job

Competitive base, bonus, full benefits
London / Anywhere, UK

Find your next job