30 April 2017
Find out more

Korea Exchange launches Exture+ trading platform

03 March 2014  |  1081 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)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit vasco.com/news/PSD2-compliant-solutionsvisit dh.comVisit capgemini.com

Top topics

Most viewed Most shared
JPMorgan formally quits R3JPMorgan formally quits R3
8157 views comments | 27 tweets | 16 linkedin
Six global banks join Swift DLT trialsSix global banks join Swift DLT trials
8122 views comments | 17 tweets | 36 linkedin
BBVA steps up fintech acquisition strategy with purchase of OpenpayBBVA steps up fintech acquisition strategy...
7618 views comments | 18 tweets | 18 linkedin
Should central banks open up payment and settlement systems to non-banks?Should central banks open up payment and s...
6435 views comments | 22 tweets | 21 linkedin
UBS moves risk platform to Microsoft Azure cloudUBS moves risk platform to Microsoft Azure...
6211 views comments | 11 tweets | 21 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job