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SIX SWISS EXCHANGE COMPLETES SWXESS PLATFORM WITH NASDAQ ENGINE
AND NYSE DATA SERVICE
Posted April 24, 2009
LONDON and STOCKHOLM – The SIX Swiss Exchange (SIX) has chosen a data
delivery solution from NYSE Technologies and completed its migration to
a trading platform based on Nasdaq OMX market technology, called SWXess,
begun in February.
SIX plans to use the Exchange Data Publisher (XDP) data delivery suite,
developed after two years of collaboration between SIX and the NYSE
Technologies’ Exchange Solutions Division. The suite offers high-speed
market data technology that provides a robust, scalable and flexible
solution.
“Continuing to find ways to improve our services and extend our
capabilities is of paramount importance to SIX,” says Chris Landis, Head
of the Information Technology Division at SIX. “Working with NYSE
Technologies to implement the Exchange Data Publisher (XDP) allows us to
move forward with the confidence that our market data infrastructure can
process rapidly growing market volumes while maintaining extraordinarily
low latency.”
SIX is using XDP to provide the Market Data Service module for the
SWXess platform. XDP will acquire market data from SIX’s internal
systems, normalize and group it, then quickly and reliably distribute it
to SIX members.
“In today’s increasingly competitive exchange industry, high-end
technology is a key differentiator in order to continue to grow volumes
and introduce new and innovative products,” says Christoph Bigger, Chief
Executive Officer of SIX Swiss Exchange. “Nasdaq OMX provides the core
of our new system, which will bring significant performance benefits to
our customers and also reinforces our commitment towards being an
exchange in the technology forefront.”
The SWXess platform enables trading of all SIX Swiss Exchange products, including equities, fixed-income, exchange-traded funds and securitized derivatives, on a single platform.
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