According to the company, the Market Access tool is a cost-effective platform for processing exchange data directly from exchange sources and ECNs such as the Options Price Reporting Authority (OPRA) and the New York Stock Exchange (NYSE).
The Exchange (BSE) operates its existing Market Access ticker plant on hardware from Stratus, but expects to deploy the upgraded program in spring.
Market Access on the Stratus ft Linux platform gives us low latency and high availability, and allows us to take advantage of the cost-effective performance of Linux, said Yann L’Huillier vice president of trading systems at the BSE. The new system will allow us to continue to reliably provide our member firms with real time data, while positioning us for future growth.
The combined MST/Stratus system is being marketed as a money-making replacement for existing ticker systems that may be difficult to maintain and upgrade, and strained by increasing data volumes. It is aimed at hedge funds, banks and broker/dealers, and is available for Stratus systems running VOS, ft Linux, and Microsoft Windows. Configurations such as multiprocessor, multi-server and clustered server are also offered.
