June 11, 2008

For those who care about fast, persistent messaging (for instance, for distributing orders that cannot be dropped) the Securities Technology Analysis Center (STAC) has tested Solace's Content Router and found it to be swifter than previously tested competitors. Where the last message routing solution STAC tested was able to send 6,000 persistent messages per second with five milliseconds of latency, Solace's Content Router was found to forward 100,000 persistent messages per second with less than one millisecond of latency, a significant latency improvement.

Solace's appliance can achieve this throughput because it handles the message routing in hardware, according to Larry Neumann, senior vice president. Software-based message routing solutions have to write data to disk, which automatically causes a two-millisecond delay, he says.

Solace also announced today a partnership with LineBeyond, which has combined Solace's hardware messaging and content routing capabilities with complex event processing software to create a trading platform for algorithmic and human traders. The application, LineBeyond Concourse, provides market data from domestic and international feeds and routes orders to traditional venues or dark pools of liquidity for best execution.

ABOUT THE AUTHOR