Orc Software, a provider of advanced trading, market-making and brokerage technology, has set new benchmarks for scalable, multi-strategy trading based on Orc’s Liquidator solution, running on Solaris 10 Operating System (OS) and Sun Microsystem’s Fire T2000 CoolThreads Server. Performance tests measured the system’s throughput at more than 5000 orders per second.
“The combined technology solution fully supports on-the-fly trading with no downtime and with little or no introduced latency or additional cost,” says Donna Rubin, senior director, Sun Microsystems. “We are pleased to be working with Orc Software to deliver these advanced trading capabilities on the Sun platform,” she adds.
Orc Liquidator’s flexible architecture combined with the multi-thread capabilities of the Sun Fire T2000 server is capable of executing high trading volumes run over a large number of trading strategies simultaneously, says Orc Software.
“Orc Software continues to work with Sun to provide performance enhancements for Orc Liquidator,” says Peter Sibirzeff, managing director, North America sales, Orc Software. “The Sun Fire T2000’s multi-threading capability provides real value for the demanding end user by dramatically increasing the ability of Liquidator to scale when required,” he adds.
Performance testing was carried out on Sun’s Space, Watts and Performance (SWaP) metric system, which allows firms to evaluate the effectiveness of a new server in their data centre. The formula Sun developed (SWaP = performance / (space x power)), is a calculation that allows any customer to run the metric and use the results to compare systems from different vendors, according to Sun.
Complete test results are contained in the white paper entitled Orc Software and Sun Fire T2000 Server . Readers interested in viewing the paper should send an email to whitepaper@orcsoftware.com .