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Push for Trading Technology Standards

By Linux_Foundation - October 31, 2011 - 1:50pm
A group of banks, trading firms, exchanges and technology specialists are getting together to create a common technology standard in a bid to cope with ever-rising and faster messaging volumes.

The venture will allow other market participants to develop software code originally by NYSE Technologies, the IT services arm of NYSE Euronext [1], for the parts of trading conducted by a computer’s middleware.

The project will be hosted by Linux Foundation...

More at FinancialTimes.com [2]

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Source URL: http://www.linuxfoundation.org/news-media/news/2011/10/push-trading-technology-standards

Links:
[1] http://markets.ft.com/tearsheets/performance.asp?s=us:NYX
[2] http://www.ft.com/intl/cms/s/0/13eafd30-013b-11e1-ae24-00144feabdc0.html#axzz1cObNPMOa