NYSE Technologies, the commercial technology unit of global exchange group NYSE Euronext, has launched a new version of its market data platform, which the firm said delivers data in microseconds rather than milliseconds.
According to NYSE Technologies, Market Data Platform V5 delivers 10 times the overall performance of previous systems, while reducing the space used by its hardware by as much as 80%.
The new platform offers continuous throughput of 500,000 messages per second on a single processor core, with a mean latency of less than 40 microseconds using remote direct memory access (RDMA) – a protocol that allows data to move directly from the memory of one computer to another without involving the operating system. Using local direct memory access (LDMA) brings latency down to 10-20 microseconds, which NYSE Technologies says is ideal for co-location servers.
“Through this accelerated new system we offer microsecond message processing at peak rates and single-server application, enabling our clients to benefit from a significant reduction in hardware investment and operation costs,” said Stanley Young, CEO of NYSE Technologies and co-global chief information officer of NYSE Euronext, in a statement. “When multiplied across high-availability and disaster recovery sites, the cost savings can be exponential.”
Market Data Platform V5 supports a wide range of integration options including RDMA, LDMA and transmission control protocol (TCP). NYSE Technologies said the platform is vendor-neutral. allowing deployment on any hardware that supports the Linux operating system.
The new platform is cross-compatible with NYSE Technologies’ suite of more than 160 feed handlers.