24 January 2017
visit http://www.wolterskluwerfs.com

LMAX Exchange signs for Azul Zing Java virtual machine

08 April 2013  |  1520 views  |  0 Source: Azul Systems

LMAX Exchange, the first FSA regulated MTF for FX, announced today a strategic partnership with Azul Systems, the leading Java solution provider for applications requiring low latency and scalability.

LMAX Exchange will use Azul's Zing Java Virtual Machine (JVM) for continuous performance optimization of its low latency execution venue.

As the award-winning LMAX Exchange continues its rapid growth, it will use the innovative Zing JVM as a technological foundation to deliver consistently reliable performance, high throughput and low latency execution.

Furthermore, both companies will collaborate at a deep engineering level to continuously optimize the low-latency performance of Azul's Java solutions.

Azul's Zing is a 100% Java-compatible high performance JVM, known to deliver low latency and also to support large in-memory datasets without performance penalty. In essence, Zing eliminates operational interruptions, response time outliers and the scalability limits of Java-based trading and other financial services applications. LMAX Exchange will benefit from Zing without having to make any changes to its unique trading software architecture, approach to software development or its advanced continuous delivery process.

Edward McDaid, CIO at LMAX Exchange, said: "LMAX Exchange is already one of the fastest execution venues for FX and our deep technological collaboration with Azul will help to ensure we continue to deliver even faster and more consistent execution for our clients in the future."

Scott Sellers, president and CEO of Azul Systems, said, "We've seen time and time again that if you are using a conventional JVM, you will not be able to deliver consistent ultra-low latency with high scalability. We provide a fast, reliable and proven solution which ensures execution venues, risk analysis engines, messaging infrastructure, and a myriad of other low-latency applications benefit from consistency and reliability of execution and improved service availability -- even under demanding and unpredictable loads. Our Zing JVM enables financial institutions like LMAX Exchange to seamlessly grow transaction volumes and meet eveer stricter SLAs."

The two companies are planning to publish a series of white papers summarizing the results of their technical collaboration, including any business and performance benefits achieved. 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
http://www.financialcrimerisk.fiserv.com/aml?r=finextraVisit capgemini.comVisit contisgroup.com

Top topics

Most viewed Most shared
US fintech firms join forces to push data sharing via APIsUS fintech firms join forces to push data...
10686 views comments | 62 tweets | 53 linkedin
EU watchdog tells FS firms to focus on blockchain security risksEU watchdog tells FS firms to focus on blo...
6404 views comments | 16 tweets | 25 linkedin
hands typing furiouslyBlockchain: Securities market infrastructu...
6354 views 0 | 3 tweets | 4 linkedin
New York regulator blasts OCC over bank charter plan for fintech firmsNew York regulator blasts OCC over bank ch...
6278 views comments | 21 tweets | 15 linkedin
China's Ant Financial goes global in bid for two billion users in 10 yearsChina's Ant Financial goes global in bid f...
6000 views comments | 22 tweets | 12 linkedin

Featured job

to c.£100K base, double on-target-earnings
London, UK

Find your next job