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Mellanox InfiniBand Accelerates Exegy’s Market Data Distribution Appliance at Major Equity Exchanges
posted on 22 July 2008 09:48
SANTA CLARA, CA. and YOKNEAM, ISRAEL – July 22, 2008 – Mellanox® Technologies, Ltd. (NASDAQ: MLNX; TASE: MLNX), a leading supplier of semiconductor-based, server and storage interconnect products, today announced that its 20Gb/s InfiniBand products provide the low-latency and throughput performance demanded by the Exegy Ticker Plant, a hardware-accelerated appliance which processes and enriches market data for the world’s leading co-located trading operations.
Utilizing Mellanox InfiniBand interconnect, this appliance feeds automated trading systems at extremely low-latency and high-throughput for faster processing of market data which results in a trading advantage over other competitors. This advantage is so compelling that the Exegy Ticker Plant is deployed and being used by financial firms at major North American exchanges including the Chicago Mercantile Exchange as well as many European market exchanges, and highlights the proliferation of InfiniBand into low-latency equities trading applications.
“The sheer volume of data coupled with the processing demands of building an order book presents latency problems for traditional software solutions,” said Jeff Wells, Exegy’s Vice President of Product Marketing. “Traders leveraging the Mellanox InfiniBand-accelerated Exegy Ticker Plant, with its low latency, high throughput and sophisticated levels of functionality, enhance their targeted trading efforts and enjoy the opportunity to be among the first to trade.”
“IT departments in financial capital markets are facing significant growth in the amount of market data that must be processed and at the same time decreasing tolerance for trade execution latency. This is causing them to intensely focus on infrastructure performance to maintain their competitiveness,” said Wayne Augsburger, vice president of business development at Mellanox Technologies. “With unmatched throughput and ultra-low latency, Mellanox InfiniBand interconnect addresses the I/O demands required by the Exegy Ticker Plant to most efficiently distribute market data to the world's leading co-located trading operations.”
The Mellanox InfiniBand-accelerated Exegy Ticker Plant is currently co-located at the London Docklands and four U.S. trading venues: Weehawken, Carteret, Chicago and Metro Tech. For more information visit http://www.exegy.com/tickerplant.html.
About Exegy
Exegy provides ultra-high performance hardware-accelerated computing appliances that efficiently process and enrich market data for the world’s leading financial organizations.
Exegy’s unique market data products respond to financial organizations’ growing demands for low latency, reduced cost of ownership and flexibility, while easily integrating into existing infrastructures. Exegy’s products are compatible with leading operating systems and interconnects. For more information, visit www.exegy.com.
About Mellanox
Mellanox Technologies is a leading supplier of semiconductor-based, interconnect products to world-class server, storage, and infrastructure OEMs servicing Fortune 500 data centers, the world’s most powerful supercomputers, and mission critical embedded applications. The company’s Virtual Protocol Interconnect™ (VPI) enables standard communication protocols to operate over any converged network (InfiniBand, Ethernet, Data Center Ethernet) with the same software solution. Utilizing proven networking, clustering, storage, virtualization and RDMA acceleration engines, VPI optimizes application performance, power consumption, workload agility, and total system efficiency while future-proofing IT infrastructure.
Founded in 1999, Mellanox Technologies is headquartered in Santa Clara, California and Yokneam, Israel. For more information, visit Mellanox at www.mellanox.com.
[Formatted by Wendy Matthews.]
tags: InfiniBand
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Mellanox InfiniBand Accelerates Exegy’s Market Data Distribution Appliance at Major Equity Exchanges
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