28 July 2016
Find out more

LMAX Exchange signs for Azul Zing Java virtual machine

08 April 2013  |  1442 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)
Visit www.abe-eba.euVisit VocaLink.comVisit capgemini.com

Top topics

Most viewed Most shared
MasterCard agrees £700m VocaLink acquisitionMasterCard agrees £700m VocaLink acqu...
9547 views 14 comments | 33 tweets | 38 linkedin
satelliteContactless Bitcoin startup Plutus Tap &am...
9526 views comments | 9 tweets | 4 linkedin
Apps crush internet for UK banking loginsApps crush internet for UK banking logins
8440 views comments | 19 tweets | 25 linkedin
Telefonica Germany launches Fidor-backed mobile banking serviceTelefonica Germany launches Fidor-backed m...
6561 views comments | 16 tweets | 20 linkedin
hands typing furiouslyHow machine learning can cut costs on tran...
6090 views 0 | 12 tweets | 3 linkedin

Featured job


Brussels (Belgium) or Paris (France)

Find your next job