Exchanges

09:36 AM
Connect Directly
Facebook
Google+
LinkedIn
Twitter
RSS
E-Mail
50%
50%

London Stock Exchange Selects Solace Systems For Messaging Technology

The Solace solution provides the persistent messaging and buffering layer between the real-time trading system and the business-critical downstream systems used for surveillance, data warehousing, post trade processing and billing.

Solace Systems, a provider of hardware-based middleware, announced that the London Stock Exchange Group (LSE Group) has selected Solace's Unified Messaging Platform to provide a high throughput persistent messaging infrastructure for their new Downstream Staging System.

The Solace solution provides the persistent messaging and buffering layer between the real-time trading system and the business-critical downstream systems used for surveillance, data warehousing, post trade processing and billing.

The Solace-based system handles the very large number of messages entering the downstream system enabling fast and efficient processing of trading information, the vendor said.

"It is a privilege to become a trusted supplier to a world-class organization like the London Stock Exchange Group," said Craig Betts, CEO of Solace Systems. "The LSE Group's selection of our platform further validates that hardware messaging is helping the world's leading firms differentiate their businesses through higher performance, improved operational efficiency and lower cost of ownership." Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio

Comment  | 
Print  | 
More Insights
Register for Wall Street & Technology Newsletters
White Papers
Current Issue
Wall Street & Technology - July 2014
In addition to regular audits, the SEC will start to scrutinize the cyber-security preparedness of market participants.
Video
Exclusive: Inside the GETCO Execution Services Trading Floor
Exclusive: Inside the GETCO Execution Services Trading Floor
Advanced Trading takes you on an exclusive tour of the New York trading floor of GETCO Execution Services, the solutions arm of GETCO.