The Chicago Board Options Exchange (CBOE), the largest US options exchange and creator of listed options, has selected Dell PowerEdge server offerings to enhance its data centre performance.
Dell said that by deploying PowerEdge R 610, R710 and R910 systems, CBOE estimates to decrease its latency and boost processing power.
As part of this upgrade, CBOE is replacing its current Sun x86 servers with Dell servers to increase the number of incoming data messages its distributed network of 22 ticker plants can process per second.
This added capacity allows CBOE to stay ahead of spikes in trading volumes, by allowing it to process message rates in the range of 2 million to 3 million messages per second, Dell said.
Further, the new servers each only take one unit of rack space, compared with four units for the previous servers, the migration will also help reduce CBOE’s hardware footprint, and create spare space when the exchange adds more servers.
Dell said that the PowerEdge servers features Intel Xeon 7500 processors which are ideal for customers looking to migrate from proprietary RISC/UNIX deployments in a flexible and affordable manner.
CBOE executive vice president of systems and chief information officer Gerald O’Connell said the company chose Dell for its impressive depth of resources and its ability to deliver the latest technology.
"Dell’s x86 server solutions offered CBOE the performance we wanted for our business-critical applications," Connell said.