Korea Exchange launches Exture+ trading platform

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

  0 Be the first to comment

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

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. 

Sponsored [New Impact Study] Exploring the Rise of Originate-to-Distribute (OTD) Models

Related Company

Keywords

Comments: (0)

[New Whitepaper] PaaS, cloud and instant payments: Navigating the outsourcing questionFinextra Promoted[New Whitepaper] PaaS, cloud and instant payments: Navigating the outsourcing question